Common use of Limited Power Warranty Clause in Contracts

Limited Power Warranty. Jinko warrants that the Degradation Rate shall not exceed the following for the periods identified following the Warranty Start Date: (a) 10% by that date which is twelve (12) years following the Warranty Start Date, at which time the Actual Power Output shall be not less than 90% of the Nominal Power Output; and (b) 20% by that date which is twenty-five (25) years following the Warranty Start Date, at which time the Actual Power Output shall be not less than 80% of the Nominal Power Output (“Limited Power Warranty”).

Appears in 3 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

AutoNDA by SimpleDocs

Limited Power Warranty. Jinko warrants that the Degradation Rate shall not exceed the following for the periods identified following the Warranty Start Date: (a) 10% by that date which is twelve (12) years following the Warranty Start Date, at which time the Actual Power Output shall be not less than 90% of the Nominal Power Output; and (b) 20% by that date which is twenty-five twenty−five (25) years following the Warranty Start Date, at which time the Actual Power Output shall be not less than 80% of the Nominal Power Output (“Limited Power Warranty”).. DR = 1.00 – [(POt) ƒ (PO0)]

Appears in 1 contract

Samples: Limited Warranty Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!