Reliability Only Option. If the IP Product Agreement provides for IP5, TVA may increase Company’s Protected Demand upon at least 30 days’ notice if Company’s response to an Interruption (1) results in a Performance Factor less than 97 percent or (2) contains more than six 5-Minute Non-Compliant Intervals. In the event of an adjustment by TVA under this subsection, Company’s Protected Demand will become the average 5-Minute Metered Demand during 5-Minute Non-Compliant Intervals. The adjusted Protected Demand will become effective on the date stated in TVA’s notice.
Appears in 4 contracts
Samples: Product Agreement (Adit EdTech Acquisition Corp.), Product Agreement (Adit EdTech Acquisition Corp.), Interruptible Power Product Agreement (Power & Digital Infrastructure Acquisition Corp.)
