Adjusted Delivered Energy definition

Adjusted Delivered Energy means the sum of (i) the Delivered Energy from the Generating Facility and (ii) any Energy that was scheduled during a Dispatch Down Period that would have been delivered if the Seller had not been directed to reduce the Delivered Energy from the Generating Facility.
Adjusted Delivered Energy means the Delivered Energy produced from each Generating Facility as measured and reported via by revenue grade meters.

Examples of Adjusted Delivered Energy in a sentence

  • Such payment shall be full compensation to Seller for the Adjusted Delivered Energy received under this Agreement.

  • If Buyer does not purchase excess Adjusted Delivered Energy, Seller shall have the right to resell such excess energy to a third party, pursuant to all applicable laws, in which case proceeds from the sale of such electricity will solely accrue to the Seller.

  • In the event that, during any Contract Year, the Adjusted Delivered Energy is less than the Minimum Guaranteed Energy (the difference between the Guaranteed Energy and the Adjusted Delivered Energy for such Contract Year, an ‘Energy Delivery Large Shortage’), the provisions set forth above in Clause 7.2 shall be applied in respect to the Energy Delivery Minor Shortage included in such Energy Delivery Large Shortage.

  • The Buyer shall pay Seller the applicable Base Contract Price for Adjusted Delivered Energy provided hereunder, less any costs incurred by the Buyer to operate the Generating Facility.

  • Purchase & Sale Commencing on the Actual Commercial Operation Date and continuing throughout the Term, Seller shall sell and deliver at the Delivery Point, and Buyer shall purchase and accept from Seller at the Delivery Point, and pay for, the Output as follows: Adjusted Delivered Energy multiplied by Base Contract Price as per Exhibit 6 – [Contract Price].

  • Subject to the exception mentioned in this section, for all other shutdown periods requested by Buyer, Buyer will pay Seller an amount equal to the sum of payments that Buyer would have made to Seller hereunder for Adjusted Delivered Energy from the Generating Facility that would have been produced during the period of the shutdown, unless the shutdown is for maintenance or repairs that were due to the failure of components or installation of the Generating Facility.

  • At the end of every month, if the Adjusted Delivered Energy is less than 90 percent of the prorated monthly amount of Expected Annual Contract Quantity, Seller shall provide an immediate report to Buyer on the reasons for such shortfall and shall take immediate steps to restore energy delivery.

  • If a shutdown request has not been made by Buyer for 36 months, and the shutdown period that the Buyer subsequently requests is longer than 72 hours, Buyer shall only be responsible for payment to Seller for the Adjusted Delivered Energy that would have been produced from the 73rd hour of the shutdown until the end of the shutdown.

  • The Company shall supply JPS, for each Contract Year, with an amount of Adjusted Delivered Energy equal to or greater than the Guaranteed Energy for such Contract Year under the conditions set forth in this Agreement.

  • In the event that, during any Contract Year, the Adjusted Delivered Energy is less than the Guaranteed Energy but greater than the Minimum Guaranteed Energy (the difference between the Guaranteed Energy and the Adjusted Delivered Energy for such Contract Year, an ‘Energy Delivery Minor Shortage’), the Company shall supply the necessary Net Energy Output to cover such Energy Delivery Minor Shortage during the following Contract Year (the ‘Recovery Year’).

Related to Adjusted Delivered Energy

  • Adjusted Quick Ratio is the ratio of (a) Quick Assets to (b) Current Liabilities minus the current portion of Deferred Revenue.

  • Adjusted Debt means, as of any date, the sum of (i) all Adjusted Indebtedness of the Company and its Subsidiaries on a Consolidated basis on such date and (ii) (x) Rent Expense for the four consecutive fiscal quarter period ended immediately prior to such date or then ending in respect of which financial statements have been delivered pursuant to Section 7.1(a) or 7.1(b) multiplied by six (6).

  • Consolidated Adjusted Debt means, at any time, the sum of, without duplication, (i) Consolidated Funded Indebtedness and (ii) the product of Consolidated Rents multiplied by 6.0.

  • Portfolio Adjusted Yield means, with respect to any Transfer Date, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate from the Portfolio Yield for such Monthly Period and deducting 0.5% from the result for each Monthly Period.

  • Adjusted Operating Surplus means, with respect to any period, (a) Operating Surplus generated with respect to such period less (b) (i) the amount of any net increase in Working Capital Borrowings (or the Partnership’s proportionate share of any net increase in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period and (ii) the amount of any net decrease in cash reserves (or the Partnership’s proportionate share of any net decrease in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period not relating to an Operating Expenditure made with respect to such period, and plus (c) (i) the amount of any net decrease in Working Capital Borrowings (or the Partnership’s proportionate share of any net decrease in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period, (ii) the amount of any net decrease made in subsequent periods in cash reserves for Operating Expenditures initially established with respect to such period to the extent such decrease results in a reduction in Adjusted Operating Surplus in subsequent periods pursuant to clause (b)(ii) above and (iii) the amount of any net increase in cash reserves (or the Partnership’s proportionate share of any net increase in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period required by any debt instrument for the repayment of principal, interest or premium. Adjusted Operating Surplus does not include that portion of Operating Surplus included in clause (a)(i) of the definition of “Operating Surplus.”

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Adjusted Net Worth means, as of any date of determination thereof, the Consolidated Net Worth less the total amount of all Restricted Investments in excess of 20% of Consolidated Net Worth, each as of such date of determination.

  • Modified adjusted gross income means “federal adjusted gross income”:

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Total Enterprise Value means the sum of: (i) the product of (A) the Equity Securities Value Per Share of a share of Common Stock not subject to vesting or other restrictions multiplied by (B) the number of outstanding shares of Common Stock, less (y) the number of outstanding shares of Restricted Stock or Other Awards of shares of Common Stock without vesting restrictions, in each case, issued after the date of this Agreement (including outstanding shares of Common Stock resulting from the vesting of such Restricted Stock), and less (z) the number of shares of Common Stock issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires voting securities of another Person or all or any portion of another Person’s assets; (ii) for each other class or series of Equity Securities of the Company, if any, the product of (A) Equity Securities Value Per Share for such class or series of such Equity Securities of the Company multiplied by (B) the number of shares of such class or series of such Equity Securities of the Company, less (y) the number of shares of such class or series of such Equity Securities issued under the Plan (or otherwise issued for compensatory purposes) after the date of this Agreement, and less (z) the number of shares of such class or series of such Equity Securities issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires the voting securities of another Person or all or any portion of another Person’s assets; and (iii) the principal amount of all outstanding funded indebtedness of the Company as of the last day of the month immediately preceding the date of calculation less the aggregate amount of cash and cash equivalents of the Company (exclusive of funds held on behalf of clients) as of the last day of the month immediately preceding the date of calculation.

  • Adjusted Gross Sales means for either party distributing and selling Product (in this Section the “Selling Party”):

  • Enterprise Value means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto:

  • Adjusted Tangible Net Worth As of the date of determination thereof, the sum of: (i) Servicer's Tangible Net Worth; plus

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • Adjusted Dilution Ratio means, at any time, the rolling average of the Dilution Ratio for the 12 Calculation Periods then most recently ended.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • adjusted underlying revenue means total income other than: