Common use of Declaration of Availability Clause in Contracts

Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee], the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility in accordance with the provisions of Clauses 17.5.

Appears in 3 contracts

Samples: Procurement Agreement, Procurement Agreement, Procurement Agreement

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Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, Bidder or Developer through the Supplier if Supplier is a Trading Licensee]Supplier, the declared Availability declaredAvailability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, Bidder or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, Bidder or Developer through the Supplier if Supplier is a Trading Licensee]to to the Utility forthwith. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, Bidder or Developer‟s if Supplier is a Trading Licensee] Developer’s maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, Bidder or Developer‟s if Supplier is a Trading Licensee] Developer’s maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility in accordance with the provisions of Clauses 17.5.

Appears in 3 contracts

Samples: Procurement Agreement, Procurement Agreement, Procurement Agreement

Declaration of Availability. 11.5.1 11.4.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Supplier, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.4.2 In the event that any shortfall in supply of electricity to the Utility Aggregator occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Pointaccess, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility Aggregator forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.4.3 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.4.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 11.4.5 Notwithstanding the provisions of Clause 11.5.511.4.4, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility Aggregator in accordance with the provisions of Clauses 17.516.5.

Appears in 3 contracts

Samples: Procurement Agreement, Procurement Agreement, Procurement Agreement

Declaration of Availability. 11.5.1 11.4.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Aggregator, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.4.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Pointaccess, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] Aggregator to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.4.3 The Supplier Aggregator shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier‟s maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier Aggregator shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier‟s maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.4.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier Aggregator under this Agreement. 11.5.6 11.4.5 Notwithstanding the provisions of Clause 11.5.511.4.4, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Aggregator shall have notified the Utility in accordance with the provisions of Clauses 17.515.5.

Appears in 2 contracts

Samples: Power Supply Agreement, Power Supply Agreement

Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee], the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility Aggregator occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Non- Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility Aggregator forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility Aggregator occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder Availabilityhereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to Licensee] to the Utility Aggregator forthwith. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-bearsto Mis- declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-Mis- declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility Aggregator in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Procurement Agreement

Declaration of Availability. 11.5.1 11.2.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Supplier, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.2.2 In the event that any shortfall in supply of electricity to the Utility Aggregator occurs on account of any deficiency in transmission between the Point of Grid Connection Power Station and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility Aggregator forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.2.3 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.2.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed ChargeTariff, be deemed to be reduced by the same proportion that Availability bears to Mis-Mis- declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-Mis- declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 11.2.5 Notwithstanding the provisions of Clause 11.5.511.2.4, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility Aggregator in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Pilot Agreement for Procurement of Power

Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee], the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Non- Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of FuelWater, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Non- Availability on account of shortage of FuelWater. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-Mis- declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-Mis- declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Procurement Agreement

Declaration of Availability. 11.5.1 11.2.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Aggregator, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.2.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Despatch Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] Aggregator to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.2.3 The Supplier Aggregator shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier’s maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier Aggregator shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier’s maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.2.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed ChargeTariff, be deemed to be reduced by the same proportion that Availability bears to Mis-Mis- declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-Mis- declaration shall be made from the subsequent payments due to the Supplier Aggregator under this Agreement. 11.5.6 11.2.5 Notwithstanding the provisions of Clause 11.5.511.2.4, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Aggregator shall have notified the Utility in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Power Supply Agreement

Declaration of Availability. 11.5.1 11.2.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Concessionaire, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.2.2 In the event that any shortfall in supply of electricity to the Utility NMMC occurs on account of any deficiency in transmission between beyond the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility forthwithAvailability. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.2.3 The Supplier Concessionaire shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereofthereof to RLDC/ SLDC/ NMMC. The Supplier Concessionaire shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty forty-eight) hours prior to its occurrence. 11.5.5 11.2.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity Normative Availability or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed ChargeTotal Monthly Charges, be deemed to be reduced by the same proportion that Availability bears to Mis-Mis- declaration, as if the Mis-declaration had occurred only for a the period of one 1(one) month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier Concessionaire under this Agreement. 11.5.6 11.2.5 Notwithstanding the provisions of Clause Article 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency an Emergency, scheduled maintenance, non-scheduled electricity outage or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Concessionaire shall have notified the Utility in accordance with the provisions NMMC of Clauses 17.5such event.

Appears in 1 contract

Samples: Power Procurement Agreement

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Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Supplier, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in intra state transmission between the Point of Grid Connection and Delivery Pointsystem in accordance with clause 5.3, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Non- Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the entitlement of the Utility in the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to Supplierto the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Non- Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to Supplierto the Utility forthwith.. Provided that where the Fuel is being supplied under allocated coal linkage, the Supplier shall have an option to arrange the Fuel from an alternate source. The Utility shall be intimated if the increase in Variable Charge is greater than 30 % (thirty percent). Provided that if the Utility does not schedule the power, the Supplier shall have the option to offer such power in the power exchange. Provided further that compliance of any order issued by the central government in respect of blending of imported fuel shall be binding on the parties. Provided also that in case of shortage of linkage coal and the Supplier arranges coal from alternate sources, the Energy Charge shall be calculated as per methodology specified in Schedule F. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- Mis-declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, ,as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning outage due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier shall have notified the Utility in accordance with the provisions of Clauses 17.5Clauses17.5.

Appears in 1 contract

Samples: Power Purchase Agreement

Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Aggregator, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Non- Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] Aggregator to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Non- Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder Availabilityhereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to Aggregator to the Utility forthwith. 11.5.4 The Supplier Aggregator shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] the maintenance schedule of the Power Station for that month and any reduction in Availability arising as a result thereof. The Supplier Aggregator shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-Mis- declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-Mis- declaration shall be made from the subsequent payments due to the Supplier Aggregator under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Aggregator shall have notified the Utility in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Power Supply Agreement

Declaration of Availability. 11.5.1 11.2.1. Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Concessionaire, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.2.2. In the event that any shortfall in supply of electricity to the Utility MCGM occurs on account of any deficiency in transmission between beyond the Point of Grid Connection and Delivery Point, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel11.2.3. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 The Supplier Concessionaire shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereofthereof to RLDC/ SLDC/ MCGM. The Supplier Concessionaire shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.2.4. In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed ChargeTotal Monthly Charges, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier Concessionaire under this Agreement. 11.5.6 11.2.5. Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Concessionaire shall have notified the Utility MCGM in accordance with the provisions of Clauses 17.5.

Appears in 1 contract

Samples: Power Procurement Agreement

Declaration of Availability. 11.5.1 11.4.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]Aggregator, the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 11.4.2 In the event that any shortfall in supply of electricity to the Utility occurs on account of any deficiency in transmission between the Point of Grid Connection and Delivery Pointaccess, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] Aggregator to the Utility forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to the Utility forthwith. 11.5.4 11.4.3 The Supplier Aggregator shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier’s maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier Aggregator shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] Supplier’s maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 11.4.4 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier Aggregator under this Agreement. 11.5.6 11.4.5 Notwithstanding the provisions of Clause 11.5.511.4.4, any reduction in Availability arising out of de-commissioning due to Emergency or a Force Majeure Event shall not be deemed to be Mis-declaration if the Supplier Aggregator shall have notified the Utility in accordance with the provisions of Clauses 17.515.5.

Appears in 1 contract

Samples: Power Supply Agreement

Declaration of Availability. 11.5.1 Unless otherwise notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee], the declared Availability shall, be deemed to be 100% (one hundred per cent) thereof at all times. 11.5.2 In the event that any shortfall in supply of electricity to the Utility GRIDCO occurs on account of any deficiency in intra state transmission between the Point of Grid Connection and Delivery Pointsystem in accordance with clause 5.3, the Availability shall be deemed to be reduced to the extent of reduction in transmission of electricity, and the reduction referred to hereinabove shall be deemed as Non-Non- Availability on account of deficiency in transmission. For the avoidance of doubt and by way of illustration, the Parties agree that if such deficiency in transmission is equal to 20% (twenty per cent) of the entitlement of GRIDCO in the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee] to the Utility GRIDCO forthwith. 11.5.3 In the event that any shortfall in supply of electricity to the Utility GRIDCO occurs on account of shortage of Fuel, the Availability shall be deemed to be reduced to the extent of reduction in generation of electricity, and such reduction shall be deemed as Non-Non- Availability on account of shortage of Fuel. For the avoidance of doubt and by way of illustration, the Parties agree that if the deficiency in generation is equal to 20% (twenty per cent) of the Contracted Capacity, the Availability shall be deemed to be 80% (eighty per cent) and the Non-Availability hereunder shall be notified by the [Supplier if Supplier is NOT a Trading Licensee, or Developer through the Supplier if Supplier is a Trading Licensee]to Licensee] to GRIDCO forthwith. Provided that where the Utility forthwith.Fuel is being supplied under allocated coal linkage, the Supplier shall have an option to arrange the Fuel from an alternate source. GRIDCO shall be intimated if the increase in Variable Charge is greater than 30 % (thirty percent). Provided that if GRIDCO does not schedule the power, the Supplier shall have the option to offer such power in the power exchange. Provided further that compliance of any order issued by the central government in respect of blending of imported fuel shall be binding on the parties. Provided also that in case of shortage of linkage coal and the Supplier arranges coal from alternate sources, the Energy Charge shall be calculated as per methodology specified in Schedule F. 11.5.4 The Supplier shall notify, no later than 15 (fifteen) days prior to the commencement of a month, [its if Supplier is NOT a Trading Licensee, or Developer‟s Developer’s if Supplier is a Trading Licensee] maintenance schedule for that month and any reduction in Availability arising as a result thereof. The Supplier shall, as soon as may be, notify any modifications of [its [ if Supplier is NOT a Trading Licensee, or Developer‟s Developer’s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence. 11.5.5 In the event that the Availability at any time is determined to be lower than 100% (one hundred per cent) of the Contracted Capacity or the reduced Availability notified hereunder, an event of mis-declaration of Availability (the “Mis- Mis-declaration”) shall be deemed to have occurred. In such an event, the Availability for the relevant month shall, for the purposes of payment of Fixed Charge, be deemed to be reduced by the same proportion that Availability bears to Mis-declaration, as if the Mis-declaration had occurred for a period of one month. For the avoidance of doubt, the Parties agree that deductions on account of Mis-declaration shall be made from the subsequent payments due to the Supplier under this Agreement. 11.5.6 Notwithstanding the provisions of Clause 11.5.5, any reduction in Availability arising out of de-commissioning outage due to Emergency or a Force Majeure Event shall not be deemed to be Mis-Mis- declaration if the Supplier shall have notified the Utility GRIDCO in accordance with the provisions of Clauses 17.5Clauses17.5.

Appears in 1 contract

Samples: Procurement Agreement

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