Curtailment Methodology Sample Clauses

Curtailment Methodology. (i) Pursuant to Article 8 (Continuity of Service), and Article 9 (Personnel and System Safety), of the Agreement, Company may at times have limited ability to integrate energy produced by Seller into the Company System for engineering and/or operating reasons and may be required to curtail energy deliveries by Seller. When a curtailment control signal is received by the Facility through the Curtailment Control Interface, the corresponding action (e.g., decrease in the Facility's output) shall be initiated without delay. Further curtailment may be implemented if conditions warrant and the Company System Operator deems it necessary. As conditions warrant, Company shall end or reduce the curtailment when Company reasonably determines that the reason for the curtailment is no longer in existence. The Company System Operator shall end or reduce the curtailment through the Curtailment Control Interface. Seller may request that the Facility be restored no sooner than one hour after Company has curtailed the Facility. (ii) When the Company determines that curtailment of energy becomes necessary for reasons other than those directly attributable to the Seller’s Facility, curtailments shall be made to the extent possible in reverse chronological order of the chronological seniority dates determined by Company for its power purchase agreements for as- available energy, including Schedule FIT Agreements, with deliveries under such agreements with the most recent chronological seniority date being the first curtailed, and deliveries under such agreements with the earliest chronological seniority date being the last curtailed. The chronological seniority date for this Agreement shall be the Execution Date. (iii) Small generation projects (such as photovoltaic net energy metering projects, certain feed-in tariff projects, etc.) that are allowed to be installed without curtailment controls would not be curtailed before the Facility. When the Company determines that curtailment of energy becomes necessary for engineering and/or operating reasons that are directly attributable to the Seller’s Facility, reverse chronological curtailment order may not apply. (iv) The Company shall not be liable to the Seller for any such curtailments unless they were in violation of Article 8 (Continuity of Service) or Article 9 (Personnel and System Safety) of this Agreement. Seller shall not override Company’s curtailment nor shall Seller install any equipment or software at the Facility th...
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Curtailment Methodology 
Sample 1

Related to Curtailment Methodology

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Procurement Method Quality-Based Selection (b) Selection under a Fixed Budget

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

  • Allocation Method (Choose one of a. or b.): a. [ ] All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28. b. [ ] At least one different. Under the following allocation method(s): .

  • Billing Method 2.6.1 To receive payment for services rendered pursuant to this contract the Contractor shall submit a fully completed invoice for work previously performed to: 2.6.2 At a minimum, the invoice shall detail the following information: 2.6.2.1 Unique invoice number; 2.6.2.2 Contractor’s name, address, and telephone number; 2.6.2.3 Date of invoice and/or billing period; 2.6.2.4 Applicable Contract No.;

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