Reliability+Economic Option. If the IP Product Agreement provides for IP30, TVA may increase Company’s Protected Demand upon at least 30 days’ notice if Company achieves a Performance Factor of less than 97 percent in any two Interruptions in any consecutive 12-month period. 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.)
