Annual Forgone TC Energy Threshold definition

Annual Forgone TC Energy Threshold has the meaning given to it in Section 7.1(a); "Appeal" has the meaning given to it in Section 11.2(f);

Examples of Annual Forgone TC Energy Threshold in a sentence

  • The AESO shall, however, pay the Generator, in accordance with Section 7.3, for any Forgone TC Energy in any calendar year which is in excess of the Annual Forgone TC Energy Threshold.

  • The Annual Forgone TC Energy Threshold shall, for the calendar year during which Commercial Operation occurs, be equal to the product of: (i) such threshold multiplied by (ii) the number of days from and after the Commercial Operation Date to the end of such calendar year divided by 365 days.

  • The Generator shall, each calendar year during the Support Period, bear the risk of any resulting Forgone TC Energy in such calendar year in an amount equal to two hundred (200) hours multiplied by the Contract Capacity (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

  • The Generator shall bear the risk of any resulting Forgone TC Energy in an amount equal to two hundred (200) hours multiplied by the Contract Capacity on an annual basis (the "Annual Forgone TC Energy Threshold") and shall not be entitled to any payment from the AESO with respect thereto.

Related to Annual Forgone TC Energy Threshold

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Threshold means with respect to Party B: infinity.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • 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;

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

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

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

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

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.