Common use of Guaranteed Ramp Rate Clause in Contracts

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”). 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.

Appears in 2 contracts

Samples: Energy Storage Services Agreement, Energy Storage Services Agreement

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Guaranteed Ramp Rate. Owner guarantees a minimum response rate of ten ____ percent (10.0%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.

Appears in 2 contracts

Samples: Energy Storage Services Agreement, Energy Storage Services Agreement

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