Annual EFOF definition

Annual EFOF has the meaning set forth in Section 4.5(a) (Annual Equivalent Forced Outage Factor and Liquidated Damages).
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Examples of Annual EFOF in a sentence

  • A deration or outage required by Company pursuant to the preceding sentence shall be considered an Unplanned Deration and shall “count against” Seller for the purpose of calculating the Annual EAF and Annual EFOF until the conditions that led to the deration or outage are resolved by Seller and Seller notifies Company of same.

  • Beginning with the Quarterly Report for the last Measurement Period of the initial Contract Year, Seller shall include calculations of (a) the Capacity Ratio, the RTE Ratio, the Annual EAF and the Annual EFOF for the Measurement Period, as well as (b) any liquidated damages to be assessed, as set forth in the form of Quarterly Report set forth in Section 1 (Quarterly Report) of said Attachment S (Quarterly Reporting and Dispute Resolution by Independent Evaluator).

  • Within ten (10) Business Days after Company’s receipt of a Quarterly Report, Company shall provide written notice to Seller of any Quarterly Report Disagreement, including with respect to the data for the Measurement Period covered by such Quarterly Report and Seller’s calculation of, as applicable, any of the Capacity Ratio, the RTE Ratio, the Annual EAF or the Annual EFOF for the Measurement Period in question (“Notice of Disagreement”).

  • Because of the risk of deterioration in drinking water quality from storage within premises, it is recommended that all supplies to the cold water taps and other cold water services in domestic premises normally used for drinking or cooking purposes should be supplied directly from the water company distribution network or from a rising main pumped either directly or indirectly from the distribution network.

  • Within ten (10) Business Days after Company’s receipt of a Quarterly Report, Company shall provide written notice to Seller of any Quarterly Report Disagreement, including with respect to the data for the Measurement Period covered by such Quarterly Report and Seller’s calculation of, as applicable, any of the Capacity Ratio, the Annual EAF or the Annual EFOF for the Measurement Period in question (“Notice of Disagreement”).

  • A clear price signal will permit electric producers to determine their production costs or any need for changes to production.

  • Within [thirty (30)] Business Days after Company’s receipt of an Annual Report, Company shall provide written notice to Seller of any Annual Report Disagreement, including with respect to the data for the Measurement Period covered by such Annual Report and Seller’s calculation of, as applicable, any of the Capacity Ratio, the RTE Ratio, the Annual EAF or the Annual EFOF for the Measurement Period in question (“Notice of Disagreement”).

  • Beginning with the Quarterly Report for the last Measurement Period of the initial Contract Year, Seller shall include calculations of (a) the Capacity Ratio, the Annual EAF and the Annual EFOF for the Measurement Period, as well as (b) any liquidated damages to be assessed, as set forth in the form of Quarterly Report set forth in Section 1 (Quarterly Report) of said Attachment S (Quarterly Reporting and Dispute Resolution by Independent Evaluator).

Related to Annual EFOF

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Compensation means an amount equal to the greater of:

  • Annual Salary means the salary given under this Part.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Current Annual Compensation means the greater of:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Service Year means fiscal year, except that:

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Annual Work Plan means any of the Annual Work Plans.