Common use of Holdback Capacity Clause in Contracts

Holdback Capacity. For any month of the RA Delivery Period, and no later than five (5) Business Days before the relevant deadline for the initial Compliance Showing with respect to a particular Showing Month, Buyer may request that Seller not list, or cause the Storage Unit’s SC not to list, a portion or all of a Storage Unit’s applicable Expected Contract Quantity for any portion(s) of such Showing Month on the Supply Plan. The amount of Expected Contract Quantity that is the subject of such a request shall be deemed Expected Contract Quantity provided consistent with Section 12.03 for purposes of calculating a Monthly RA Capacity Payment pursuant to Section 9.02(a) and calculating any amounts due pursuant to Section 12.04. Seller shall, or shall cause each Storage Unit’s SC to, comply with Buyer’s request under this Section 12.07.

Appears in 1 contract

Samples: Resource Adequacy Purchase Agreement

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Holdback Capacity. For any month of the RA Delivery Period, and no later than five (5) Business Days before the relevant deadline for the initial Compliance Showing with respect to a particular Showing Month, Buyer may request that Seller not list, or cause the Storage Unit’s SC not to list, a portion or all of a Storage Unit’s applicable Expected Contract Quantity for any portion(s) of such Showing Month on the Supply Plan. The amount of Expected Contract Quantity that is the subject of such a request shall be deemed Expected Contract Quantity provided consistent with Section 12.03 for purposes of calculating a Monthly RA Capacity Payment pursuant to Section 9.02(a) and calculating any amounts due pursuant to Section 12.04. Seller shall, or shall cause each Storage Unit’s SC to, comply with BuyerXxxxx’s request under this Section 12.07.

Appears in 1 contract

Samples: Resource Adequacy Purchase Agreement

Holdback Capacity. For any month of the RA Delivery Period, and no later than five (5) Business Days before the relevant deadline for the initial Compliance Showing with respect to a particular Showing Month, Buyer may request that Seller not list, or cause the Storage Generating Unit’s SC not to list, a portion or all of a Storage Generating Unit’s applicable Expected Contract Quantity for any portion(s) of such Showing Month on the Supply Plan. The amount of Expected Contract Quantity that is the subject of such a request shall be deemed Expected Contract Quantity provided consistent with Section 12.03 for purposes of calculating a Monthly RA Capacity Payment pursuant to Section 9.02(a) and calculating any amounts due pursuant to Section 12.04. Seller shall, or shall cause each Storage Generating Unit’s SC to, comply with Buyer’s request under this Section 12.07.. ARTICLE THIRTEEN

Appears in 1 contract

Samples: Resource Adequacy Purchase Agreement

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Holdback Capacity. For any month of the RA Delivery Period, and no later than five (5) Business Days before the relevant deadline for the initial Compliance Showing with respect to a particular Showing Month, Buyer may request that Seller not list, or cause the Storage Generating Unit’s SC not to list, a portion or all of a Storage Generating Unit’s applicable Expected Contract Quantity for any portion(s) of such Showing Month on the Supply Plan. The amount of Expected Contract Quantity that is the subject of such a request shall be deemed Expected Contract Quantity provided consistent with Section 12.03 for purposes of calculating a Monthly RA Capacity Payment pursuant to Section 9.02(a) and calculating any amounts due pursuant to Section 12.04. Seller shall, or shall cause each Storage Generating Unit’s SC to, comply with Buyer’s request under this Section 12.07.

Appears in 1 contract

Samples: Resource Adequacy Purchase Agreement

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