Performance Ratio Sample Clauses

Performance Ratio. The Borrower shall not permit the Performance Ratio to exceed 300%.
Sample 1
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Performance Ratio. The Performance Ratio, or Efficiency, of each Plant is calculated by means of the formula 1) The guaranteed Performance Ratio PRguar is based on the yearly average during long multi-year measurement periods. Guaranteed PR levels: Guaranteed Gain of the Trackers Guaranteed PR PenaltyPR at Intermediate Test Penalty PR at FAC 25% 78,83% 78,04% 77,26% G PRguar PRpen Intermediate PRpen FAC The value of the Guaranteed Gain G indicated in the table shall be considered in case of Irradiation measured on a tilted fixed plane with an inclination of 30°; if the Irradiation is measured by the monitoring System (Horizontal plane Irradiation) an additional 11% has to be added to the Gain (in this case it will result G=36%). Results of the Performance Ratio Test at Intermediate and Final Acceptance: PR ≥ PRpen PR acceptable PR < PRpen Penalties (as stated in the EPC Agreement)
Sample 1
Performance Ratio. Minimum Energy Guarantee of the Solar PV Plant: - The Complete SPV Plant shall be designed and installed so as to deliver maximum power under the climatic conditions/location of site. The Nominal/Name plate output rating of the plant shall form the basis of calculation of the Performance Ratio. Design of the SPV Plant shall be such that the losses and in-efficiencies shall be minimized to ensure highest Performance Ratio. The procedure for performance monitoring is based on the standard IEC 61724 – PV system performance monitoring: Guidelines for measurement, data exchange and analysis.
Sample 1

Related to Performance Ratio

  • Debt Service Ratio In the event that the amount of Borrower's unrestricted cash maintained at Bank is less than $1,300,000.00, a ratio of (i) net income plus interest, depreciation, and amortization, minus unfunded capital expenditures, and minus cash taxes paid, calculated based on the three (3) month period ending as of the date tested, to (ii) principal and interest expense with respect to the Obligations, calculated based on the three (3) month period ending as of the date tested, of greater than 1.25 to 1.0." and inserting in lieu thereof the following:

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2017, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2017 5.50 to 1.00 Fiscal quarter ending December 31, 2017 4.50 to 1.00 Fiscal quarter ending March 31, 2018 4.50 to 1.00 Fiscal quarters ending June 30, 2018 and thereafter 3.00 to 1.00

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Consolidated Senior Leverage Ratio Permit the Consolidated Senior Leverage Ratio as of the end of any fiscal quarter of the Parent during the applicable period set forth below to be greater than the ratio corresponding to such period as set forth below: Period Maximum Consolidated Senior Leverage Ratio Closing Date through June 30, 2013 3.50:1.00 July 1, 2013 through December 31, 2013 3.25:1.00 Thereafter 3.00:1.00

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