SHORTFALL IN THE TESTED CAPACITIES Sample Clauses

SHORTFALL IN THE TESTED CAPACITIES. If the Company fails to achieve the required contracted capacity within a period of 90 days from the date of Commercial Operation of the Unit/Project, the Company shall be liable to pay Liquidated Damages to the HPSEBL @ Rs. 4000/- per kW for the shortfall between the contracted and the tested capacities. For fractional values of the shortfall in percentage, the Liquidated Damages will be computed on prorata basis. In the event of the shortfall between the contracted capacity and the tested capacity exceeding 4%, it will constitute Company Event of Default as it would amount to deviating materially from Prudent Utility Practices.
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Related to SHORTFALL IN THE TESTED CAPACITIES

  • Under-Frequency and Over Frequency Conditions The New York State Transmission System is designed to automatically activate a load- shed program as required by the NPCC in the event of an under-frequency system disturbance. Developer shall implement under-frequency and over-frequency relay set points for the Large Generating Facility as required by the NPCC to ensure “ride through” capability of the New York State Transmission System. Large Generating Facility response to frequency deviations of predetermined magnitudes, both under-frequency and over-frequency deviations, shall be studied and coordinated with the NYISO and Connecting Transmission Owner in accordance with Good Utility Practice. The term “ride through” as used herein shall mean the ability of a Generating Facility to stay connected to and synchronized with the New York State Transmission System during system disturbances within a range of under-frequency and over-frequency conditions, in accordance with Good Utility Practice and with NPCC Regional Reliability Reference Directory # 12, or its successor.

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