Common use of Turbine reallocation Clause in Contracts

Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty (a “Turbine Reallocation Notice”) [at any time prior to the first day of the Phase 1 Target Commissioning Window]. A Turbine Reallocation Notice shall: 5 Drafting note: This shall be either (a) the capacity notified by the Delivery Body in the Generator’s FiT CfD Application as the capacity in megawatts, or (b) if the Allocation Round in which the Generator is participating requires them to submit a sealed bid, then the capacity for which successful allocation has taken plan under the Allocation Round.

Appears in 2 contracts

Samples: Novation Agreement, Novation Agreement

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Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty (a “Turbine Reallocation Notice”) [at any time prior to the first day of the Phase 1 Target Commissioning Window]Window (a “Turbine Reallocation Notice”). A Turbine Reallocation Notice shall: 5 6 Drafting note: This shall be either (a) the capacity notified by the Delivery Body in the Generator’s FiT CfD Application as the capacity in megawatts, or (b) if the Allocation Round in which the Generator is participating requires them to submit a sealed bid, then the capacity for which successful allocation has taken plan under the Allocation Round.

Appears in 2 contracts

Samples: Novation Agreement, Novation Agreement

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Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty (a “Turbine Reallocation Notice”) [at any time prior to the first day of the Phase 1 Target Commissioning Window]Window (an “Turbine Reallocation Notice”). A Turbine Reallocation Notice shall: 5 6 Drafting note: This shall be either (a) the capacity notified by the Delivery Body in the Generator’s FiT CfD Application as the capacity in megawatts, or (b) if the Allocation Round in which the Generator is participating requires them to submit a sealed bid, then the capacity for which successful allocation has taken plan under the Allocation Round.

Appears in 1 contract

Samples: Novation Agreement

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