Common use of Notice of Deratings and Outages Clause in Contracts

Notice of Deratings and Outages. Without limiting the foregoing, Seller will inform Buyer of any major limitations, restrictions, deratings or outages known to Seller affecting the Facility for the following day and will promptly update Seller’s notice to the extent of any material changes in this information, with “major” defined as affecting more than five percent (5%) of the Facility Capacity.

Appears in 7 contracts

Samples: Power Purchase Agreement, Tolling Agreement, Power Purchase Agreement

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Notice of Deratings and Outages. Without limiting the foregoing, Seller will inform Buyer Buyer, via telephone or electronic mail to a number or address specified by Buyer, of any major limitations, restrictions, deratings or outages known to Seller affecting the Facility for the following day and will promptly update Seller’s notice to the extent of any material changes in this information, with “major” defined as affecting more than five ten percent (510%) of the Facility CapacityNameplate Capacity Rating of the Facility.

Appears in 1 contract

Samples: Power Purchase Agreement

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Notice of Deratings and Outages. Without limiting the foregoing, Seller will inform Buyer Xxxxx of any major limitations, restrictions, deratings or outages known to Seller affecting the Facility for the following day and will promptly update Seller’s notice to the extent of any material changes in this information, with “major” defined as affecting more than five percent (5%) of the Facility Capacity.

Appears in 1 contract

Samples: Power Purchase Agreement

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