Actual Availability has the meaning set forth in 6.3.
Actual Availability means for any Settlement Interval, the product of (i) the Storage Contract Capacity multiplied by (ii) the Availability Factor.
Actual Availability means Total Scheduled Availability minus Downtime.
Examples of Actual Availability in a sentence
If the Actual Availability is less than the Guaranteed Availability, then Owner shall owe CHGE liquidated damages equal to: ((Guaranteed Availability) - (Actual Availability)) x (Contract Capacity) x (U.S. $[4,829]/MW 2) For example: (96.0% - 94.5%) x (10.0 MW) x (U.S. $[4,829]/MW 3) = U.S. $72,435 4 Capacity.
More Definitions of Actual Availability
Actual Availability means Total Availability minus Downtime, in minutes.
Actual Availability means for any Contract Year, the sum of Actual Availability of the Storage Facility per Settlement Interval divided by the Contract Storage Capacity, as may be adjusted pursuant to this agreement, multiplied by 8,760.
Actual Availability means Total Scheduled Availability minus Downtime, in minutes.
Actual Availability means the ratio of Available Hours to Period Hours as reported by the Supplier to PJM based on the data in the GADS maintained by NERC or its successor, as applied in Section 3.4(c) of this Agreement.
Actual Availability means the available capacity for each hour as set forth in EXHIBIT D in the Daily Planned Operating Schedule.
Actual Availability means with respect to each Unit and during each Settlement Period of the Effective Term, the number of watt-hours of Electricity that such Unit was capable of generating during such Settlement Period, as determined in accordance with Schedule D;
Actual Availability means the available capacity for each hour of the applicable month as set forth in Exhibit S in the Actual Availability Report.