Annual Availability definition

Annual Availability total time in Proper Status over the given calendar year. Monthly Availability: total time in Proper Status over the given calendar month.
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Annual Availability. For a particular Contract Year, “Annual Availability” shall be the average availability of the Contracted XXXX capacity during that particular Contract Year, calculated as per the RfS ;
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Annual Availability means, the availability of the HVAC Plant & ACs only for smooth operation during the Year and to be calculated as specified in the CC.’’
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Examples of Annual Availability in a sentence

  • The Feed-in Approval Holder shall provide the Distribution Licensee with details of the Declared Annual Availability upon the execution of this Agreement.

  • SCE’s sole and exclusive remedy for Seller’s breach of Seller’s Annual Energy Obligation, Seller’s Annual Availability Obligation and/or Seller’s Long Term Availability Obligation shall be the receipt of Seller’s Annual Shortfall Payment and/or Seller’s Long Term Availability Shortfall Payment.

  • If there is an Annual Availability Cost Shortfall Payment (as defined below) owing as a result of this reconciliation, such Settlement Amount will be owing by the ASP to the IESO.

  • The Annual Availability Cost shall be split into twelve equal payments and paid to the ASP on a monthly basis as described in Section 1.1 of this Schedule 6 (the “Fixed Monthly Payment”).

  • In arranging for an initial evaluation, laboratory officials should be told that all tests must be set up and that during the evaluation the work of all analysts, who may perform any official methods must be observed.

  • Annual Availability Warranty: 99.9% availability percentage  If Customer has been using the Service for less than 365 days, the preceding 365 days will be used, but any days prior to Customer’s use of the Service will be deemed to have had 100% availability. Any unavailability occurring prior to a successful credit claim cannot be used for any future claims.

  • In this connection, the Annual Availability Target shall be related in percentage to the SLA Year.

  • If an Availability Damage Payment is due from Seller, Seller will pay such Availability Damage Payment no later than twenty (20) days after providing the Annual Availability Report.

  • Operating fees are receivable based on certain defined levels of Actual Annual Availability (“AAA”) of plant or Plant load factor (“PLF”).

  • Annual Availability Fee: $2,000.00 per annum payable in advance in addition to the Annual Hydrant Charge.


More Definitions of Annual Availability

Annual Availability means, the availability of the Self Power Generation Plant including Gas Generators only for smooth operation during the Year and to be calculated as specified in the CC.
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Annual Availability. For a particular Contract Year, “Annual Availability” shall be the average availability of the Contracted XXXX capacity during that particular Contract Year, calculated as per the Article-4.4.2 and Schedule-A; “Battery Energy Storage Project” or “Project” or “XXXX PROJECT”, “Battery Energy Storage systems” or “XXXX” shall mean the system(s)/projects of ……….. [Insert capacity] MW/ MWh, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and single point of injection into the grid at Delivery/Interconnection/Metering point at MSEDCL substation and utilizing methods and technologies such as electrochemical batteries (Lead Acid, Li-ion, solid state batteries, flow batteries etc.), providing a facility that can store energy and deliver the stored energy in the form of electricity. It also includes all units and auxiliaries, Battery Energy Management System including associated applications / software; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point, if any, and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the Energy Storage; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of above mentioned Battery Energy Storage Capacity as per this Agreement;
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Annual Availability means, in respect of any calendar year, a fraction the numerator of which shall be the number of hours which the Facility is Available during such calendar year, and the denominator of which is the total number of hours in such calendar year; provided that in the first calendar year of the Term, the denominator shall be the number of hours between Phase 1A COD and 2400 hours on December 31, and provided further that the Conversion Period shall be excluded from any calculation of Annual Availability.
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Annual Availability shall have the meaning set forth in Section 8.05 hereof.
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Related to Annual Availability

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each day in such period (as calculated by Agent as of the end of each respective day) divided by the number of days in such period.