Resource Adequacy Requirements Sample Clauses

Resource Adequacy Requirements. The Parties acknowledge that the Commission, PJM, FERC, or another Governmental Authority may, during the Contract Term, put into place a Resource Adequacy Requirement whereby eligibility to credit Capacity toward the Resource Adequacy Requirement may be determined by identifying the Project. The Parties further acknowledge that as of the Execution Date no such Resource Adequacy Requirement exists. During the Pre-Services Term Period and the Services Term, Seller shall commit the Units to Buyer for the purpose of meeting any Resource Adequacy Requirements applicable to Buyer that may be established by the Commission, PJM (or successor control area operator) or other Governmental Authority from time to time, and shall comply with any Commission, PJM, FERC, or other Governmental Authorities requirements for meeting RAR (to the extent, in each case, that a wind-powered electric generating facility is able to comply with such Resource Adequacy Requirements). For avoidance of doubt, included within Buyer’s exclusive rights to Products available from the Units and the Project described in Section 3.1(a), Buyer is entitled to all products there from that are related to RAR, including capacity tags, capacity credits, and all installed capacity and other capacity-related products pertaining to Buyer’s entitlement to the Products from the Project (other than with respect to Excess Products). For the avoidance of doubt, Seller shall have the right to sell to third parties all RAR related products that are related to the Excess Products, including capacity tags, capacity credits, and all installed capacity and other capacity-related products pertaining to such Excess Products, so long as such sale does not limit or reduce the ability of Buyer to receive the Products required to be delivered to Buyer under this Agreement. Throughout the Pre-Services Term Period and the Services Term, Seller shall take all such actions and execute any and all documents or instruments necessary to ensure the availability and qualification of each Unit and the Project and the Capacity to meet Buyer’s RAR and Buyer’s or PJM’s right to the use a proportionate amount of the Project and its Products (up to those maximum amounts as set forth in Section 3.1(a)) for the benefit of Buyer’s RAR (to the extent, in each case, that a wind-powered electric generating facility is able to comply with applicable Resource Adequacy Requirements). The Parties acknowledge and agree that the allocation of cap...
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Resource Adequacy Requirements. If the Purchaser’s Metered Output under this Agreement will be counted toward the satisfaction of resource adequacy requirements, then any electrical energy delivered by Seller to Purchaser under this Agreement may be claimed by Purchaser, at Purchaser’s sole cost, risk and expense, to meet such requirements; provided, however, that nothing in this Section shall be deemed to change Seller’s obligations under this Agreement or to impose any obligations on Seller. Seller specifically disclaims any warranties or representations concerning anything respecting resource adequacy requirements (“Resource Adequacy”), and shall have no liability or obligation to Purchaser, and Purchaser shall remain obligated to perform this Agreement, if it is at any time determined by any person, entity or governmental instrumentality that (x) any aspect of the Project or electrical energy from the Project does not meet Resource Adequacy, or (y) Seller does not have the right to transfer or confirm any rights respecting Resource Adequacy to Purchaser under this Agreement, the Project PPA or otherwise.
Resource Adequacy Requirements. During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Plant’s Initial Capacity, including Capacity Attributes from the Plant, to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO and/or other regional entity may prescribe, including submission of a supply plan or Resource Adequacy plan (“Resource Adequacy Requirements”). From the Execution Date, and for the duration of the Delivery Term, Seller shall take all commercially reasonable actions, including complying with all applicable registration and reporting requirements, and executing any and all documents or instruments necessary to enable Buyer to use all of the capacity of the Plant, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements during the Delivery Term.
Resource Adequacy Requirements. In addition to determining the renewable resource requirement, LACCE will also need to demonstrate it has sufficient physical power supply capacity to meet its projected peak demand plus a 15 percent planning reserve margin. This requirement is in accordance with resource adequacy regulation administered by the CPUC and the California Energy Commission (CEC). The CPUC's resource adequacy standards applicable to LACCE require a demonstration one year in advance that LACCE has secured physical capacity for 90 percent of its projected peak demand for each of the five months May through September, plus a minimum 15 percent reserve margin. On a month-ahead basis, LACCE must demonstrate 100 percent of the peak load plus a minimum 15 percent reserve margin. The Plan’s load forecast estimates capacity needs, including resource capacity requirements, to be used for the power supply cost forecasting.
Resource Adequacy Requirements. Seller grants, pledges, assigns and otherwise commits to SCE the full Net Contract Capacity of each Generating Unit in order for SCE to meet its resource adequacy obligations under any Resource Adequacy Requirements. Seller also represents, warrants and covenants to SCE that Seller: (a) Has not used, granted, pledged, assigned or otherwise committed any portion of the Generating Facility to meet the Resource Adequacy Requirements of, or to confer Resource Adequacy Benefits upon, any entity other than SCE; and RAP ID #[Number], [Seller’s Name] (b) Will not during the Delivery Period use, grant, pledge, assign or otherwise commit any portion of the Generating Facility to meet the Resource Adequacy Requirements of, or to confer Resource Adequacy Benefits upon, any entity other than SCE. (c) Shall take all actions (including complying with all current and future CAISO Tariff provisions and decisions of the CPUC and/or any other Governmental Authority that address Resource Adequacy Requirements) and execute all documents or instruments necessary to effect the use of the Resource Adequacy Benefits of each Generating Unit of the Generating Facility for SCE’s sole benefit throughout the Delivery Period.

Related to Resource Adequacy Requirements

  • Policy Requirements All of the policies of insurance referred to in this Article XIII shall be written in form reasonably satisfactory to Landlord and any Facility Mortgagee and issued by insurance companies with a minimum policyholder rating of “A-” and a financial rating of “VII” in the most recent version of Best’s Key Rating Guide, or a minimum rating of “BBB” from Standard & Poor’s or equivalent. If Tenant obtains and maintains the general liability insurance described in Section 13.1(e) above on a “claims made” basis, Tenant shall provide continuous liability coverage for claims arising during the Term. In the event such “claims made” basis policy is canceled or not renewed for any reason whatsoever (or converted to an “occurrence” basis policy), Tenant shall either obtain (a) “tail” insurance coverage converting the policies to “occurrence” basis policies providing coverage for a period of at least three (3) years beyond the expiration of the Term, or (b) an extended reporting period of at least three (3) years beyond the expiration of the Term. Tenant shall pay all of the premiums therefor, and deliver certificates thereof to Landlord prior to their effective date (and with respect to any renewal policy, prior to the expiration of the existing policy), and in the event of the failure of Tenant either to effect such insurance in the names herein called for or to pay the premiums therefor, or to deliver such certificates thereof to Landlord, at the times required, Landlord shall be entitled, but shall have no obligation, to effect such insurance and pay the premiums therefor, in which event the cost thereof, together with interest thereon at the Overdue Rate, shall be repayable to Landlord upon demand therefor. Tenant shall obtain, to the extent available on commercially reasonable terms, the agreement of each insurer, by endorsement on the policy or policies issued by it, or by independent instrument furnished to Landlord, that it will give to Landlord thirty (30) days’ (or ten (10) days’ in the case of non-payment of premium) written notice before the policy or policies in question shall be altered, allowed to expire or cancelled. Notwithstanding any provision of this Article XIII to the contrary, Landlord acknowledges and agrees that the coverage required to be maintained by Tenant may be provided under one or more policies with various deductibles or self-insurance retentions by Tenant or its Affiliates, subject to Landlord’s approval not to be unreasonably withheld. Upon written request by Xxxxxxxx, Tenant shall provide Landlord copies of the property insurance policies when issued by the insurers providing such coverage.

  • Subsidy Requests and Reporting Requirements 1. The Grantee or Management Company shall complete a CRF Subsidy Request Report - Recap of Tenant Income Certification, which provides a unit-by-unit listing of all units in the Development for whom assistance is being requested and gives detailed information including the occupants’ eligibility, set-aside requirements, amount of household rent paid, utility allowance and amount of CRF Rental Subsidy requested. 2. The CRF Subsidy Request Report - Recap of Tenant Income Certification shall be prepared as of the last day of each calendar month during the period of performance and shall be submitted to XXXXxxxxxxxx@XxxxxxxXxxxxxx.xxx and Florida Housing’s monitoring agent no later than the 15th day of the following month. The December 2020 request will be due on or before December 15th. The Grantee will submit executed Coronavirus Relief Fund Rental Assistance Applications and supporting documentation to Florida Housing’s monitoring agent within 5 days upon the monitoring agent’s request.

  • Safety Requirements The Contractor shall comply with all Federal, State, and local safety laws and regulations applicable to the Work performed under this Agreement.

  • Expenditure on Safety Requirements All costs and expenses arising out of or relating to Safety Requirements shall be borne by the Concessionaire to the extent such costs and expenses form part of the works and services included in the Scope of the Project, and works and services, if any, not forming part of the Scope of the Project shall be undertaken and funded in accordance with the provisions of Article 16.

  • Security Requirements 7.1 The Authority will review the Contractor’s Security Plan when submitted by the Contractor in accordance with the Schedule (Security Requirements and Plan) and at least annually thereafter.

  • NMHS Governance, Safety and Quality Requirements 2.1 Participates in the maintenance of a safe work environment. 2.2 Participates in an annual performance development review. 2.3 Supports the delivery of safe patient care and the consumers’ experience including participation in continuous quality improvement activities in accordance with the requirements of the National Safety and Quality Health Service Standards and other recognised health standards. 2.4 Completes mandatory training (including safety and quality training) as relevant to role. 2.5 Performs duties in accordance with Government, WA Health, North Metropolitan Health Service and Departmental / Program specific policies and procedures. 2.6 Abides by the WA Health Code of Conduct, Occupational Safety and Health legislation, the Disability Services Act and the Equal Opportunity Act.

  • Facility Requirements 1. Maintain wheelchair accessibility to program activities according to governing law, including the Americans With Disabilities Act (ADA), as applicable. 2. Provide service site(s) that will promote attainment of Contractor’s program objectives. Arrange the physical environment to support those activities. 3. Decrease program costs when possible by procuring items at no cost from County surplus stores and by accepting delivery of such items by County.

  • New Hampshire Specific Data Security Requirements The Provider agrees to the following privacy and security standards from “the Minimum Standards for Privacy and Security of Student and Employee Data” from the New Hampshire Department of Education. Specifically, the Provider agrees to: (1) Limit system access to the types of transactions and functions that authorized users, such as students, parents, and LEA are permitted to execute; (2) Limit unsuccessful logon attempts; (3) Employ cryptographic mechanisms to protect the confidentiality of remote access sessions; (4) Authorize wireless access prior to allowing such connections; (5) Create and retain system audit logs and records to the extent needed to enable the monitoring, analysis, investigation, and reporting of unlawful or unauthorized system activity; (6) Ensure that the actions of individual system users can be uniquely traced to those users so they can be held accountable for their actions; (7) Establish and maintain baseline configurations and inventories of organizational systems (including hardware, software, firmware, and documentation) throughout the respective system development life cycles; (8) Restrict, disable, or prevent the use of nonessential programs, functions, ports, protocols, and services; (9) Enforce a minimum password complexity and change of characters when new passwords are created; (10) Perform maintenance on organizational systems; (11) Provide controls on the tools, techniques, mechanisms, and personnel used to conduct system maintenance; (12) Ensure equipment removed for off-site maintenance is sanitized of any Student Data in accordance with NIST SP 800-88 Revision 1; (13) Protect (i.e., physically control and securely store) system media containing Student Data, both paper and digital; (14) Sanitize or destroy system media containing Student Data in accordance with NIST SP 800-88 Revision 1 before disposal or release for reuse; (15) Control access to media containing Student Data and maintain accountability for media during transport outside of controlled areas; (16) Periodically assess the security controls in organizational systems to determine if the controls are effective in their application and develop and implement plans of action designed to correct deficiencies and reduce or eliminate vulnerabilities in organizational systems; (17) Monitor, control, and protect communications (i.e., information transmitted or received by organizational systems) at the external boundaries and key internal boundaries of organizational systems; (18) Deny network communications traffic by default and allow network communications traffic by exception (i.e., deny all, permit by exception); (19) Protect the confidentiality of Student Data at rest; (20) Identify, report, and correct system flaws in a timely manner; (21) Provide protection from malicious code (i.e. Antivirus and Antimalware) at designated locations within organizational systems; (22) Monitor system security alerts and advisories and take action in response; and (23) Update malicious code protection mechanisms when new releases are available.

  • System Requirements Apple Software is supported only on Apple-branded hardware that meets specified system requirements as indicated by Apple.

  • Federal Medicaid System Security Requirements Compliance Party shall provide a security plan, risk assessment, and security controls review document within three months of the start date of this Agreement (and update it annually thereafter) in order to support audit compliance with 45 CFR 95.621 subpart F, ADP System Security Requirements and Review Process.

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