Default NEL MWh Sample Clauses

Default NEL MWh. The initial default Net Energy for Load MWh volume will be based on the previous year’s data provided by the NERC/WECC report on NEL for the Load Serving Entity multiplied by 1.25.
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Default NEL MWh. The initial default will be used to calculate the RC Customer’s Net Energy for Load MWh volume will be based on the previous year’s data provided by the NERC/WECC report on NEL for the Load Serving Entity multiplied by 1.25.
Sample 1Sample 2
Default NEL MWh. The initial default Net Energy for Load MWh volume will be based on the previous yHDU¶V GDWD SURYLGHG E\ WKH 1(5 for the Load Serving Entity multiplied by 1.25[A9].
Sample 1

Related to Default NEL MWh

  • EVENT OF DEFAULT/REMEDIES 8.1 Any one or more of the following acts or omissions of the Contractor shall constitute an event of default hereunder (“Event of Default”):

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Developer Default Each of the following shall be an Event of Default by Developer:

  • Owner Default Failure of the Owner, which has not been remedied or waived, to pay the Contractor as required under the Construction Contract or to perform and complete or comply with the other material terms of the Construction Contract.

  • Default Remedies Termination A. [Sec. 400]

  • Default Notice As soon as possible and in any event within two days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the chief financial officer of the Borrower setting forth details of such Default and the action that the Borrower has taken and proposes to take with respect thereto.

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