Actual Annual Production definition

Actual Annual Production. The amount, in MWh, of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.
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Actual Annual Production means the product of (a) the Insolation Adjustment Factor, and (b) the amount of Energy generated by the System and delivered to the Delivery Point as recorded by the Utility Meter during each Contract Year during the Term pursuant to Section 4.3.
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Actual Annual Production. The amount, in kWh, of the total electric energy actually produced by the CDG Project during any Contract Year, measured at the CDG host meter.
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Examples of Actual Annual Production in a sentence

  • Production Volume Incentive (PVI) shall be granted based on volume production and logistics efficiency computed as follows: PVI = SPS x Actual Annual Production Volume x LEI a.

  • To the extent that Actual Annual Production for the Contract Year is less than the Guaranteed Production for that same Contract Year (except to the extent caused by Force Majeure Events or Host Default), then Provider shall credit Host with a dollar amount equal to the product of (i) the Performance Guarantee Rate for the same Contract Year, and (ii) the difference in kWh between the Guaranteed Production and the Actual Annual Production for the same Contract Year.

  • Within sixty (60) days following each twelve (12) month period after the Commercial Operation Date (each a “Contract Year”), the Parties shall compare Actual Annual Production for such immediately preceding Contract Year with the Guaranteed Production for that same Contract Year.

  • Beginning with the second Contract Year, Contractor shall submit invoices to NYSERDA annually at such time that Contractor can demonstrate to NYSERDA through submittal of the utility CDG Host Summary and Satellite Allocation Breakdown, or equivalent utility documentation, the Actual Annual Production and the Annual CDG Credit allocation to Subscribers for the preceding Contract Year.

  • Actual Annual Production: The amount, in MWh, of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.

  • Otherwise it will not be the acknowledgement of the existence of debt.

  • Actual Annual Production: The amount, in Megawatt hours (MWh), of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.

  • The agency and ESCO may consider normalizing the Actual Annual Production from the PV ESC ECM based on solar insolation.

  • Should Seller fail to Transfer Tier-1 RECs to the NYSERDA NYGATS Account in a number equal to at least 80% of the Bid Quantity,,, less any Excused Production, for three (3) consecutive Contract Years, the Bid Quantity shall be adjusted for the remainder of the Contract Delivery Term to an amount equal to the highest Actual Annual Production during any Contract Year over that three- year period multiplied by the Bid Quantity Percentage.


More Definitions of Actual Annual Production

Actual Annual Production means the product of (a) the Insolation Adjustment Factor, and (b) the sum of (i) the amount of electric energy generated by the System and delivered to the Delivery Point as recorded by the System meter during each Contract Year during the Term, and (ii) Production Surplus carried over from the immediately preceding Contract Year.
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Related to Actual Annual Production

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Supply Period means the period commencing on the Supply Period Start Date and terminating on the Termination Date.