Minimum Delivery Requirements Sample Clauses

Minimum Delivery Requirements. (a) For each Capability Measurement Period, the Average Delivered RECs shall be no less than an amount of Tier 4 RECs equal to (x) the product of 40% and (y) the positive difference between the Qualified Renewable Energy (as calculated pursuant to Exhibit H of this Agreement) for the completed Contract Year immediately preceding the start of such Capability Measurement Period minus the Supplier GHG Baseline (such product being the “Minimum Delivery Requirement”); provided, however, that the Minimum Delivery Requirement (1) shall not exceed the product of 40% and the Bid Quantity; and (2) shall be subject to further reductions for: (i) any Reliability Curtailment or Qualifying Curtailment (adjusting for the duration and extent of such curtailment during the applicable Capability Measurement Period) that is not caused in whole or in part by Seller, Transmission Providers or any of their affiliates, (ii) Seller’s inability to generate or deliver Tier 4 RECs during the applicable Capability Measurement Period due to a Force Majeure event as described in Section 16.01 of this Agreement (adjusting for the duration and extent of Seller’s inability to perform caused by such Force Majeure event), (iii) a pro rata reduction for each hour during the applicable Capability Measurement Period during which Tier 4 RECs are transferred to NYSERDA without compensation pursuant to Section 4.03 of this Agreement, and (iv) unavailability of the Associated New Transmission Facility (adjusting for the duration and extent of such unavailability during the applicable Capability Measurement Period) that is not caused in whole or in part by either a failure of Seller, Transmission Providers or any of their affiliates to employ Good Utility Practices or any defect or shortcoming in the as-built Associated New Transmission Facility’s ability to deliver the Bid Quantity to the Delivery Point.
AutoNDA by SimpleDocs
Minimum Delivery Requirements. (a) For each Capability Measurement Period, the Average Delivered RECS shall be no less than an amount of Tier 4 RECs, including Additional RECs, equal to the product of 40% and the Bid Quantity (the “Minimum Delivery Requirement”); subject to further reductions for: (i) any Reliability Curtailment or other Qualifying Curtailment (adjusting for the duration and extent of such curtailment during the applicable Capability Measurement Period) that is not caused in whole or in part by Seller or any of its affiliates, (ii) Seller’s inability to generate or deliver Tier 4 RECs during the applicable Capability Measurement Period due to a Force Majeure event as described in Section 16.01 of this Agreement (adjusting for the duration and extent of Seller’s inability to perform caused by such Force Majeure event), and (iii) a pro rata reduction for each hour during the applicable Capability Measurement Period during which Tier 4 RECs are transferred to NYSERDA without compensation pursuant to Section 4.04 of this Agreement.
Minimum Delivery Requirements. (a) For each complete Capability Period during the Contract Delivery Term, the Minimum Delivery Requirement (as a number of Tier 4 RECs) shall be the product of [40]% and
Minimum Delivery Requirements. Until March, 2000, ninety- eight percent (98%) of the Delivery Requirements (as defined in Section 2.6, and as may be extended pursuant to Section 2.6(d)), and thereafter ninety-nine percent (99%) of the Delivery Requirements, as determined for each UNION PACIFIC location on a calendar month basis throughout the entire UNION PACIFIC system, except that the Minimum Delivery Requirement for each Program Shop (as defined in Section 1.7) is one hundred percent (100%).

Related to Minimum Delivery Requirements

  • Delivery Requirements Contractor must ensure that delivery of goods and/or services will be made as required by this Master Contract, the Purchase Order used by Purchasers, or as otherwise mutually agreed in writing between the Purchaser and Contractor. The following apply to all deliveries:

  • Holder’s Delivery Requirements To convert Preferred Shares into shares of Common Stock on any date (a "Conversion Date"), the Holder shall (A) transmit by facsimile (or otherwise deliver), for receipt on or prior to 11:59 p.m., New York City Time, on such date, a copy of a properly completed notice of conversion executed by the registered Holder of the Preferred Shares subject to such conversion in the form attached hereto as Exhibit I (the "Conversion Notice") to the Company and the Company's designated transfer agent (the "Transfer Agent") and (B) if required by Section 2(d)(viii), surrender to a common carrier for delivery to the Company as soon as practicable following such date the original certificates representing the Preferred Shares being converted (or compliance with the procedures set forth in Section 14) (the "Preferred Stock Certificates").

  • Prospectus Delivery Requirement Each Purchaser understands that the Securities Act may require delivery of a prospectus relating to the Common Stock in connection with any sale thereof pursuant to a registration statement under the Securities Act covering the resale by such Purchaser of the Common Stock being sold, and each Purchaser shall comply with the applicable prospectus delivery requirements of the Securities Act in connection with any such sale.

  • Compliance with Prospectus Delivery Requirements The Company shall have complied with the provisions of Sections 2(g) and 3(e) hereof with respect to the furnishing of Prospectuses.

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

  • Securities Law Requirements If at any time the Board or Committee determines that issuing Stock pursuant to this Agreement would violate applicable securities laws, the Corporation will not be required to issue such Stock. The Board or Committee may declare any provision of this Agreement or action of its own null and void, if it determines the provision or action fails to comply with applicable securities laws. The Corporation may require Participant to make written representations it deems necessary or desirable to comply with applicable securities laws.

  • Compliance with Securities Act Requirements (i) (A) At the time the Registration Statement initially became effective, (B) at the time of each amendment thereto for the purposes of complying with Section 10(a)(3) of the Act (whether by post-effective amendment, incorporated report or form of prospectus), (C) at the Effective Time relating to the Offered Securities and (D) on the Closing Date, the Registration Statement conformed and will conform in all material respects to the requirements of the Act, the Trust Indenture Act and the Rules and Regulations and did not and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading and (ii) (A) on its date, (B) at the time of filing the Final Prospectus pursuant to Rule 424(b) and (C) on the Closing Date, the Final Prospectus will conform in all material respects to the requirements of the Act, the Trust Indenture Act and the Rules and Regulations, and will not include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading. The preceding sentence does not apply to statements in or omissions from any such document based upon written information furnished to the Company by any Underwriter through the Representatives specifically for use therein, it being understood and agreed that the only such information is that described as such in Section 8(b) hereof.

  • Quality Requirements Performance Indicator Heading Indicator (specific) Threshold Method of Measurement Frequency of monitoring Consequence of Breach QUALITY Patient Safety - Incidents I1 Number of incidents Adverse incidents include the following: clinical or non clinical adverse events that have potential to cause avoidable harm to a patient, including medical errors or adverse events related to medical devices or other equipment. Clinical or non- clinical accidents, accidental injuries to staff and members of the public, verbal, physical or psychological abuse or harassment, unusual or dangerous occurrences, damage to trust property, plant or equipment, fire or flood, security, theft or loss, near misses are identified as any event where under different circumstances significant injury or loss may have occurred Number of recorded incidents in the contract month Monthly Remedial Action Plan brought to Performance Meeting following breach; action under Module C Clause 32 if needed I2 Number of Sis Definition of SUI according to trust policy and national guidance Number of Serious Untoward Incidents reported in contract month Monthly Remedial Action Plan brought to Performance Meeting following breach; action under Module C Clause 32 if needed S1 Percentage of eligible staff received child safeguarding training at level 2 (as identified in LSCB training strategy) 95% Number received training/ Number of identified staff requiring training Monthly S2 Percentage of eligible staff received adult safeguarding awareness training at level 2 ( as identified in K&M Safeguarding Vulnerable Adults training strategy) 95% Number of staff trained/ Number of identified staff requiring training Monthly

  • Construction Requirements a) All Life and Safety and applicable Building Codes will be strictly enforced (i.e., tempered glass, fire dampers, exit signs, smoke detectors, alarms, etc.). Prior coordination with the Building Manager is required.

Time is Money Join Law Insider Premium to draft better contracts faster.