TOR2 Capability Sample Clauses

TOR2 Capability. The Capability of the Generating Unit to provide TOR2 in a Trading Period will be determined from the lesser of: (a) the value on the TOR2 HAS Reserve Curve, adjusted by the Time Weighted Average Availability of the Generating Unit (expressed in MW) over the Trading Period. The relevant value on the curve will be determined from the Output of the Generating Unit (expressed in MW) over the Trading Period; and (b) the Declared Maximum TOR2 (this figure cannot be greater than the Contracted TOR2).
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Related to TOR2 Capability

  • Financial Capability At the Closing, the Investor shall have available funds necessary to consummate the Closing on the terms and conditions contemplated by this Agreement.

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