Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per Season. If the Test Capacity of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test: (i) is less than eighty-five percent (85%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default; (ii) is equal or greater to eighty-five percent (85%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or (iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 3 contracts
Samples: Long Term Reliability Services Contract, E Lt 1 Contract, E Lt 1 Contract
Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the BuyerSponsor, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the BuyerSponsor’s option to require one (1) Capacity Check Test per Season. If the Test Capacity of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:
(i) is less than eighty-five percent (85%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eighty-five percent (85%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 1 contract
Samples: Energy Storage Facility Agreement
Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per Season. If the Test Capacity of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:Test:
(i) is less than eighty-five percent (85%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eighty-five percent (85%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; oror
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.. Draft
Appears in 1 contract
Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per SeasonSeason per Contract Year. If the Test Capacity total Electricity output of the Facility for the CCT Duration of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the number of hours in the CCT Duration (which result shall also be an “Average Test Capacity” as calculated pursuant to sub-section (e)):
(i) is less than eighty-five percent (85%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eighty-five percent (85%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.is
Appears in 1 contract
Samples: E Lt 1 Contract
Final Capacity Check Test. If Section 15.6(f14.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a14.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per SeasonSeason per Contract Year. If the Test Capacity total Electricity output of the Facility for the one (1) continuous hour or four (4) continuous hours, as applicable, of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the one (1) hour or four (4) hours, as applicable, in such check test (which result shall also be an “Average Test Capacity” as calculated pursuant to sub-section (e)):
(i) is less than eighty-five ninety percent (8590%) of the Monthly Contract CapacityReference Seasonal ICAP, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eighty-five ninety percent (8590%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestReference Seasonal ICAP, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (ai) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.is
Appears in 1 contract
Samples: Medium Term Capacity Contract
Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per SeasonSeason per Contract Year. If the Test Capacity total Electricity output of the Facility for the four (4) continuous hours of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the four (4) hours in such check test (which result shall also be an “Average Test Capacity” as calculated pursuant to sub- section (e)): Draft
(i) is less than [eighty-five percent (85%) )] of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to [eighty-five percent (85%) and less than one hundred percent (100%) )] of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) [one hundred percent (100%) )] of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to [one hundred percent (100%) )] of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 1 contract
Samples: E Lt 1 Contract
Final Capacity Check Test. If Section 15.6(f15.6(e) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months one year after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per Season. If the Test Capacity total Electricity output of the Facility for the four (4) continuous hours of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the number of hours in such check test (which result shall also be an “Average Test Capacity” as calculated pursuant to Section 15.6(d)):
(i) is less than eightyninety-five percent (8595%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eightyninety-five percent (8595%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (ai) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (bii) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity; orand
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 1 contract
Samples: Clean Energy Supply Contract
Final Capacity Check Test. Draft If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per Season. If the Test Capacity of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:
(i) is less than eighty-five percent (85%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eighty-five percent (85%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 1 contract
Final Capacity Check Test. If Section 15.6(f15.6(e) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten twenty (1020) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months one year after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per Season. If the Test Capacity total Electricity output of the Facility for the four (4) continuous hours of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the number of hours in such check test (which result shall also be an “Average Test Capacity” as calculated pursuant to Section 15.6(d)):
(i) is less than eightyninety-five percent (8595%) of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;
(ii) is equal or greater to eightyninety-five percent (8595%) and less than one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor for the Fuel used during the test shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (ai) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (bii) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity; orand
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor for the Fuel used during the test shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.
Appears in 1 contract
Samples: Energy Supply Agreement
Final Capacity Check Test. If Section 15.6(f) is applicable, then the Supplier shall perform a further Capacity Check Test (the “Final Capacity Check Test”) at the Supplier’s cost and expense within ten (10) Business Days after written notice has been delivered by the Supplier to the Buyer, no earlier than one month and no later than six (6) months after the date of the Capacity Confirmation with respect to the Further Capacity Check Test, failing which this shall be considered to be a Supplier Event of Default. The Final Capacity Check Test shall take place on the same terms and conditions as the Capacity Check Test described in Section 15.6(a) and including the delivery of the Capacity Confirmation in relation to the Final Capacity Check Test. For clarity, any Final Capacity Check Test shall not count towards the Buyer’s option to require one (1) Capacity Check Test per SeasonSeason per Contract Year. If the Test Capacity total Electricity output of the Facility for the four (4) continuous hoursCCT Duration of the Final Capacity Check Test, as stated in the Capacity Confirmation with respect to the Final Capacity Check Test:, divided by the four (4)number of hours in such check testthe CCT Duration (which result shall also be an “Average Test Capacity” as calculated pursuant to sub-section (e)): Draft
(i) is less than [eighty-five percent (85%) )] of the Monthly Contract Capacity, then this shall be considered a Supplier Event of Default;Default;
(ii) is equal or greater to [eighty-five percent (85%) and less than one hundred percent (100%) )] of the Monthly Contract Capacity which relates to the Final Capacity Check TestCapacity, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to a fraction, the numerator of which is (a) the Average Test Capacity in relation to the Final Capacity Check Test, and the denominator of which is (b) one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test; or
(iii) is equal to one hundred percent (100%) of the Monthly Contract Capacity which relates to the Final Capacity Check Test, then the Capacity Reduction Factor shall, for the purposes of Exhibit J, be an amount equal to 1.0, effective from the date of the Capacity Confirmation in relation to the Final Capacity Check Test.is
Appears in 1 contract
Samples: E Lt 1 Contract