Deemed Generation. The SPV will be entitled to Deemed Generation in terms of this PPA as per the provisions set out in Schedule 3.
Deemed Generation. 6.4.1 After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generation.
Deemed Generation. (a) After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, which results in Water Spillage, shall count towards Deemed Generation: - Grid System failure; - Non availability of evacuation system beyond the Interconnection Point; and - Receipt of backing down instructions from the SLDC. Provided that the following shall not count towards Deemed Generation:
Deemed Generation. 4.6.1. On or after the Commercial Operation Date, in the event that CEB curtails the production of the Facility in a Contract Year due to the unavailability of the CEB System in excess of 20 Daylight Hours in any Contract Year for any reasons other than Force Majeure or on account of reasons solely attributable to Seller or breach of this Agreement by Seller or Emergency events on the CEB System, CEB shall be obliged to pay for the electrical energy that could have been generated by Seller during such period over and above the 20 Daylight Hours on deemed generation basis ("Deemed Energy"), calculated at the relevant Tariff in accordance with Schedule I.
Deemed Generation. 4.6.1. On or after the Commercial Operation Date, in the event that CEB curtails the production of the Facility in a Contract Year due to the unavailability of the CEB System in any Contract Year for any reasons other than Force Majeure or on account of reasons solely attributable to Seller or breach of this Agreement by Seller or Emergency events on the CEB System, CEB shall, subject to Clause 10.2.1, be obliged to pay for the difference between the electrical energy that could have been exported by Seller and the Net Energy during such period over and above 24 (twenty four) hours ("Deemed Energy"), calculated at the relevant Tariff in accordance with Schedule I. For the avoidance of doubt, in respect of a period of less than 15 (fifteen) minutes, the Net Energy used in the calculation of Deemed Energy for this period shall be determined by prorating the Net Energy recorded over the block of 15 (fifteen) minutes.
Deemed Generation. 4.6.1. On or after the Commercial Operation Date, in the event that CEB curtails the production of the Facility in a Contract Year due to the unavailability of the CEB System in any Contract Year for any reasons other than Force Majeure or on account of reasons solely attributable to Seller or breach of this Agreement by Seller, CEB shall, subject to Clause 10.2.1, be obliged to pay for the difference between the electrical energy that could have been exported by Seller and the Net Energy during such period over and above 24 (twenty four) hours ("Deemed Energy"), calculated at the relevant Tariff in accordance with Schedule I. For the avoidance of doubt, in respect of a period of less than 15 (fifteen) minutes, the Net Energy used in the calculation of Deemed Energy for this period shall be determined by prorating the Net Energy recorded over the block of 15 (fifteen) minutes.
Deemed Generation. This is a concept to address any loss of generation due to any reason beyond the control of the rooftop developer and not covered under Force Majeure. • Deemed generation protects the developer and the lender from delays in the repayment of the loan. It is crucial to assess whether the deemed generation clause has been included in the contract and appropriately worded to cover all eventualities. • The key eventualities have been highlighted below: ✓ In the event of consumer failing to off-take the electricity generated due to non- availability of reference voltage or lack of demand ✓ Unplanned displacement of the system ✓ Any loss of generation due to new shadowing / obstructing objects in future Power Purchase Agreements – Details (5/12)
Deemed Generation. (a) If at any time on or after the earlier to occur of the Commercial Operation Date of the First Unit and January 1, 2010, provided that each Generator has complied with its obligations under Sections 2.9(c) and 2.9(d), (i) the Generators, or either of them, are wholly or partially unable to generate Electricity from any electrical generating unit associated with the applicable Generating Station, or (ii) delivery of any amount of Electricity from the Facility cannot be made to the Point of Delivery, in either of the foregoing cases (i) or (ii) because transmission from the Point of Delivery is unavailable because of a Transmission System Inadequacy or
Deemed Generation. 4.1 Deemed generation would be resorted to only when the system is generating power, but the meter is not recording generation, due to any fault (in accordance with Article 9.6);
Deemed Generation. After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is water spillage-
