Default NG MWh Sample Clauses

Default NG MWh. The initial default Net Generation MWh volume will be based on the sum of the RC Customer’s generator(s) installed capacity multiplied by a .90 capacity factor and multiplied by 8,760 hours per year. If the RC Customer’s installed capacity changes, the default Net Generation MWh volume set forth in Schedule 1 must be amended.
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Default NG MWh. The initial default Net Generation MWh volume will be EDVHG RQ WKH VXP RI WKH 5& &XVWRPHU¶V JHQ multiplied by a .90 capacity factor and multiplied by 8,760 hours per year. If the 5& &XVWRPHU¶V LQVWDOOHG FDSDFLW\ FKDQJHV volume set forth in Schedule 1 must be amended.
Sample 1

Related to Default NG MWh

  • 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”):

  • 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.

  • Remedies Upon Event of Default If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions:

  • 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.

  • 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”):

  • No Event of Default No Default or Event of Default has occurred and is continuing.

  • Event of Default Any of the following shall constitute an “Event of Default”:

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