Common use of Transfer of Deliverability Rights - Same Location Clause in Contracts

Transfer of Deliverability Rights - Same Location. If a facility deactivates an existing facility within the NYCA and commissions a new one at the same electrical location, the CRIS status of the deactivated facility and its deliverable capacity level may be transferred to that same electrical location, provided that the new facility becomes operational within three years from the deactivation of the original facility; provided however, a facility comprised of multiple Generators may only transfer CRIS under this Section 25.9.4 if all of the individual Generators within the facility deactivate The new facility will only acquire the assigned capacity deliverability rights once the new facility becomes operational. Capacity rights will be stated in MW of Installed Capacity. In the case of transfers between the same or different resource types, those MW of Installed Capacity will be adjusted by the derate factor applicable to the existing facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study) before the transfer and, following the transfer, will be readjusted to MW of Installed Capacity in accordance with the derate factor applicable to the new facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study).

Transfer of Deliverability Rights - Same Location. If a facility deactivates an existing facility within the NYCA and commissions a new one at the same electrical location, the CRIS XXXX status of the deactivated facility and its deliverable capacity level may be transferred to that same electrical location, provided that the new facility becomes operational within three years from the deactivation of the original facility; provided however, a facility comprised of multiple Generators may only transfer CRIS XXXX under this Section 25.9.4 if all of the individual Generators within the facility deactivate The new facility will only acquire the assigned capacity deliverability rights once the new facility becomes operational. Capacity rights will be stated in MW of Installed Capacity. In the case of transfers between the same or different resource types, those MW of Installed Capacity will be adjusted by the derate factor applicable to the existing facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study) before the transfer and, following the transfer, will be readjusted to MW of Installed Capacity in accordance with the derate factor applicable to the new facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study).

Transfer of Deliverability Rights - Same Location. If a facility deactivates an existing facility unit within the NYCA and commissions a new one at the same electrical location, the CRIS XXXX status of the deactivated facility and its deliverable capacity level may be transferred to that same electrical location, provided that the new facility becomes operational within three years from the deactivation of the original facility; provided however, a facility comprised of multiple Generators may only transfer CRIS under this Section 25.9.4 if all of the individual Generators within the facility deactivate . The new facility will only acquire the assigned capacity deliverability rights once the new facility becomes operational. Capacity rights will be stated in MW of Installed Capacity. In the case of transfers between the same or different resource types, those MW of Installed Capacity will be adjusted by the derate factor applicable to the existing facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study) before the transfer and, following the transfer, will be readjusted to MW of Installed Capacity in accordance with the derate factor applicable to the new facility (based on the asset-class derate factors used in the most recent Class Year Deliverability Study).