Offtake Constraints Due to Back down Sample Clauses

Offtake Constraints Due to Back downThe Successful Bidder and MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the MERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must-run” to solar power projects. Accordingly, no Solar Power Plant, duly commissioned, should be directed to back down by a DISCOM / Load Dispatch Centre (LDC). In case such eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Successful Bidder shall be eligible for a Minimum Generation Compensation, from MSEDCL, in the manner detailed below: Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The Generation Compensation is to be paid as part of the energy bill for the successive month after receipt of State Energy Accounts (SEA)/ as certified by SLDC/MSEDCL/MSETCL. It is clarified that Article 5.2.8 shall not be applicable, if in future, Merit Order Despatch is made applicable to generation from renewable sources; from Floating Solar power project in this case.
Offtake Constraints Due to Back down. This Project is not subjected to Merit Order dispatch principles. In case such eventuality of Back down arises, SPD shall be eligible for a minimum generation compensation, from Buying Entity, in the manner detailed below. Hours of Backdown during a monthly billing cycle Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) x (number of Backdown hours during the month)] x PPA Tariff x Backdown Capacity Where, Average Generation per hour during the month (kWh) = Total Generation in the month (kWh) / Total hours of generation in the month. The Generation Compensation is to be paid as part of the energy xxxx for the successive month after receipt of JMR. However, this compensation shall not be applicable in events of Force Majeure identified under the PPA with India Army, affecting supply of solar power by the SPD.
Offtake Constraints Due to Back down. The Power Producer and TPL-D shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC as amended from time to time. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status ofmust run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Back down arises on instruction of TPL-D, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from TPL-D, in the manner detailed below. Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)] X Tariff as per clause 5.2 of this PPA Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year.
Offtake Constraints Due to Back down. The Power Producer and TPL-D shall follow Gujarat Electricity Regulatory Commission (Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation Sources) Regulations, 2019 and any other regulation of GERC/CERC regarding the forecasting and scheduling process. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status ofmust run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Back down arises on instruction of TPL-D, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from TPL-D, in the manner detailed below. Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)] X Tariff as per clause 5.2 of this PPA Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year.

Related to Offtake Constraints Due to Back down

  • Payment of Sales, Use or Similar Taxes All sales, use, transfer, intangible, recordation, documentary stamp or similar Taxes or charges, of any nature whatsoever, applicable to, or resulting from, the transactions contemplated by this Agreement shall be borne by the Sellers.

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  • Program Requirements Provided At No Charge to the Judicial Council A. The Contractor shall provide the following items during the Program at no charge to the Judicial Council: i. Secured Program registration space, including two (2) easels, and one (1) house telephone. ii. Secured Meeting room, which will function as a centralized office area for the Judicial Council during the Program. iii. Secured Program storage space, which will be used to store any Materials that arrive at the Property within seventy-two (72) hours prior to the start of the Program. The Judicial Council will endeavor to ensure that all arriving Materials are marked with the Property’s address, contact’s name, and the date or name of the Program. Should Program Materials arrive at the Property more than seventy-two (72) hours before the commencement of the Program, the Contractor shall receive and store up to five (5) boxes of Materials at no charge. No less than one (1) hour prior to the commencement of the registration for the Program or commencement of the Program itself, the Contractor shall deliver all Materials at the time and to the location as directed by the Meeting Planner. iv. Complimentary guest room internet v. Five (5) complimentary parking passes

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  • Unbundled Network Terminating Wire (UNTW) 2.8.3.1 UNTW is unshielded twisted copper wiring that is used to extend circuits from an intra-building network cable terminal or from a building entrance terminal to an individual End User’s point of demarcation. It is the final portion of the Loop that in multi-subscriber configurations represents the point at which the network branches out to serve individual subscribers. 2.8.3.2 This element will be provided in MDUs and/or Multi-Tenants Units (MTUs) where either Party owns wiring all the way to the End User’s premises. Neither Party will provide this element in locations where the property owner provides its own wiring to the End User’s premises, where a third party owns the wiring to the End User’s premises.

  • Allocation of Payments After Event of Default Notwithstanding any other provisions of this Credit Agreement, after the occurrence and during the continuance of an Event of Default with respect to any Borrower, all amounts collected from such Borrower or received by the Administrative Agent or any Lender on account of amounts outstanding under any of the Credit Documents shall be paid over or delivered as follows: FIRST, to the payment of all reasonable out-of-pocket costs and expenses (including without limitation reasonable outside attorneys’ fees other than the fees of in-house counsel) of the Administrative Agent or any of the Lenders in connection with enforcing the rights of the Lenders under the Credit Documents against such Borrower and any protective advances made by the Administrative Agent or any of the Lenders, pro rata as set forth below; SECOND, to payment of any fees owed to the Administrative Agent or any Lender by such Borrower, pro rata as set forth below; THIRD, to the payment of all accrued interest payable to the Lenders by such Borrower hereunder, pro rata as set forth below; FOURTH, to the payment of the outstanding principal amount of the Loans or Letters of Credit outstanding of such Borrower, pro rata as set forth below; FIFTH, to all other obligations which shall have become due and payable of such Borrower under the Credit Documents and not repaid pursuant to clauses “FIRST” through “FOURTH” above; and SIXTH, the payment of the surplus, if any, to whoever may be lawfully entitled to receive such surplus. In carrying out the foregoing, (a) amounts received shall be applied in the numerical order provided until exhausted prior to application to the next succeeding category and (b) each of the Lenders shall receive an amount equal to its pro rata share (based on each Lender’s Commitment Percentages) of amounts available to be applied.