Common use of Charging Rate Clause in Contracts

Charging Rate. During the Delivery Term, Seller shall maintain the Storage Facility with the ability to charge at a rate of greater than [•] MW per hour (the “Guaranteed Charging Rate”). If the Storage Facility does not satisfy the Guaranteed Charging Rate as determined by the most recent Storage Contract Capacity Test, then Seller will be required to place the Storage Facility into an Unplanned Outage and repair the Storage Facility such that it satisfies the Guaranteed Charging Rate within thirty (30) days.

Appears in 5 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement, Storage Capacity Agreement

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Charging Rate. During the Delivery Term, Seller shall maintain the Storage Facility with the ability to charge at a rate of greater than [•] MW per hour (the “Guaranteed Charging Rate”). If the Storage Facility does not satisfy the Guaranteed Charging Rate as determined by the most recent Storage Contract Capacity Test, then Seller will be required to place the Storage Facility into an Unplanned Outage and repair the Storage Facility such that it satisfies the Guaranteed Charging Rate within thirty (30) days.days.‌

Appears in 2 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement

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