Common use of Post-Showing Replacement Capacity Clause in Contracts

Post-Showing Replacement Capacity. For any month of the RA Delivery Period, if CAISO determines, in accordance with the Tariff, that any portion of the Expected Contract Quantity for any portion of a Showing Month which was shown by Buyer in its Compliance Showings requires outage replacement in accordance with Section 40.7 of the Tariff (“Shortfall Capacity”), Seller’s Monthly RA Capacity Payment will be reduced in accordance with Section 9.02(a) above and, neither Seller, nor the Storage Unit’s SC, shall have the right to provide Buyer with RA Replacement Capacity with respect to such Shortfall Capacity.

Appears in 2 contracts

Samples: Resource Adequacy Purchase Agreement, Resource Adequacy Purchase Agreement

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Post-Showing Replacement Capacity. For any month of the RA Delivery Period, if the CAISO determines, in accordance with the Tariff, that any portion of the Expected Contract Quantity for any portion of a Showing Month which was shown by Buyer in its Compliance Showings requires outage replacement in accordance with Section 40.7 of the Tariff (“Shortfall Capacity”), Seller’s Monthly RA Capacity Payment will be reduced in accordance with Section 9.02(a) above and, neither Seller, nor the Storage Generating Unit’s SC, shall have the right to provide Buyer with RA Replacement Capacity with respect to such Shortfall Capacity.

Appears in 2 contracts

Samples: Resource Adequacy Purchase Agreement, Resource Adequacy Purchase Agreement

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