Guaranteed Ramp Rate Sample Clauses

Guaranteed Ramp Rate. Seller guarantees a minimum response rate of xxx percent (xx% Seller to insert percentage) of the Contract capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate test will be conducted in accordance with the procedure described below. In the event that the Project fails to achieve the Guaranteed Ramp Rate, the Seller shall promptly place the Project in a Forced Outage and resolve any issues such that the Project can successfully achieve the Guaranteed Ramp Rate. The period of Forced Outage shall be reflected in the Availability Adjustment for Monthly Capacity Payment (Appendix 6).
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Guaranteed Ramp Rate. Owner guarantees a minimum response rate of ten percent (10.0%) of the Project’s Contract Capacity per minute (“Guaranteed Ramp Rate”).
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Guaranteed Ramp Rate. Owner guarantees a minimum response rate of ____ percent (XX.X%) of the Project’s Contract Capacity per minute (“Guaranteed Ramp Rate”). The Ramp Rate will be measured per the procedure outlined in Exhibit C. If the Project is unable to demonstrate the Guaranteed Ramp Rate, Owner shall place the Project into an Unplanned Outage immediately and resolve any issues so that the Project can achieve the Guaranteed Ramp Rate. Outages.
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Guaranteed Ramp Rate. [To be discussed with bidders.] The ramp rate at specific energy outputs of each Generating Unit shall be as set forth in the following table: [DISCUSS] Load Ramp Rate for each Generating Unit individually Ramp Rate for Project as a whole For a failure to achieve the Guaranteed Ramp Rate (except to the extent caused by a Delivery Excuse), Seller shall reimburse Buyer for imbalance charges, other charges, or penalties imposed by the CAISO upon Buyer as a result thereof and for any costs associated with replacing any Ancillary Services.
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Guaranteed Ramp Rate. Owner guarantees a minimum Ramp Up Rate and Ramp Down Rate (as such terms are used in Exhibit C) of ten percent (10.0%) of the Project’s Contract Capacity per minute (each, a “Guaranteed Ramp Rate”), as measured in the Storage Rating Tests described in Exhibit C.
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Guaranteed Ramp Rate. Seller shall notify Purchaser as soon as practicable after discovering that the Guaranteed Ramp Rate has not been satisfied and whether Seller elects to be responsible for Incremental Replacement Power Costs in accordance with Appendix F. If Seller does not elect to be responsible for Incremental Replacement Power Costs, such unplanned derate hours will be included in any Availability Adjustment Factor calculation.
Sample 1
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Related to Guaranteed Ramp Rate

  • Guaranteed Obligations For purposes of this Agreement, the term “Guaranteed Obligations” shall mean the payment and performance of each and every obligation of the Tenant to the Landlord under the Lease or relating thereto, whether now existing or hereafter arising, and including, without limitation, the payment of the full amount of the Rent payable under the Lease.

  • Prior Payment of Guaranteed Obligations In any proceeding under any Bankruptcy Law relating to any other Loan Party, each Guarantor agrees that the Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before such Guarantor receives payment of any Subordinated Obligations.

  • Insured or Guaranteed Loans If any Loans being transferred pursuant to this Agreement, including the Shared-Loss Agreements, are insured or guaranteed by any department or agency of any governmental unit, federal, state or local, Assuming Institution represents that Assuming Institution has been approved by such agency and is an approved lender or mortgagee, as appropriate, if such approval is required. Assuming Institution further assumes full responsibility for determining whether or not such insurance or guarantees are in full force and effect on the date of this Agreement and with respect to those Loans whose insurance or guaranty is in full force and effect on the date of this Agreement, Assuming Institution assumes full responsibility for doing all things necessary to insure such insurance or guarantees remain in full force and effect. Assuming Institution agrees to assume all of the obligations under the contract(s) of insurance or guaranty, agrees to cooperate with the Receiver where necessary to complete forms required by the insuring or guaranteeing department or agency to effect or complete the transfer to Assuming Institution.

  • No Discharge or Diminishment of Loan Guaranty (a) Except as otherwise provided for herein, the obligations of each Loan Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than Payment in Full of the Guaranteed Obligations), including: (i) any claim of waiver, release, extension, renewal, settlement, surrender, alteration or compromise of any of the Guaranteed Obligations, by operation of law or otherwise; (ii) any change in the corporate existence, structure or ownership of any Borrower or any other Obligated Party liable for any of the Guaranteed Obligations; (iii) any insolvency, bankruptcy, reorganization or other similar proceeding affecting any Obligated Party or their assets or any resulting release or discharge of any obligation of any Obligated Party; or (iv) the existence of any claim, setoff or other rights which any Loan Guarantor may have at any time against any Obligated Party, the Administrative Agent, the Issuing Bank, any Lender or any other Person, whether in connection herewith or in any unrelated transactions.

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