Bid Quantity Percentage definition

Bid Quantity Percentage. [The percentage of the Bid Facility’s Actual Eligible Production that will be committed to performance under this Agreement. The Bid Quantity Percentage must be at least 30% and may not exceed 100% of the Expected Annual Eligible Production and will be applied to Actual Eligible Production in any period during the Contract Delivery Term to establish compliance with contract requirements.] For all transactions contemplated and consummated under this Agreement the Bid Quantity Percentage shall be _ %.
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Bid Quantity Percentage. The percentage of the Bid Facility’s Expected Annual Eligible Production that will be committed to performance under this Agreement. For all transactions contemplated and consummated under this Agreement, the Bid Quantity Percentage shall be *** percent (***%), which Bid Quantity Percentage will be applied to Actual Eligible Production in any period during the Contract Delivery Term to establish compliance with contract requirements. Commercial Operation: A state of operational readiness under which (i) the Bid Capacity is available and physically able to produce electric energy, and (ii) all rights, abilities, permits and approvals to schedule and deliver energy to the Injection Point have been obtained. Commercial Operation Milestone Date: December 31, 2007, unless extended pursuant to Section 2.08 and/or 15.01 hereto.
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Bid Quantity Percentage. The percentage of the Bid Facility’s Actual Annual Eligible Production that will be committed to performance under this Agreement. For all transactions contemplated and consummated under this Agreement the Bid Quantity Percentage shall be as stated in Schedule 1 of this Agreement. [Bid Storage Capacity: The maximum amount of energy that is capable of being stored in the Energy Storage Component, measured in Megawatt hours (MWh), as specified in the Bid Proposal. The Bid Storage Capacity shall be as stated in Schedule 1 of this Agreement.]
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Examples of Bid Quantity Percentage in a sentence

  • The amount payable in a given month shall be calculated as the lesser of: (1) the multiplicative product of (a) the Actual Eligible Production of the Bid Facility during the prior month; (b) the Bid Quantity Percentage; and (c) the Bid Price, and (2) the number of Tier-1 Renewable Energy Certificates Transferred into the NYSERDA NYGATS Account during the prior month multiplied by the Bid Price.

  • For all transactions contemplated and consummated under this Agreement, the Bid Quantity shall be *** MWh. Bid Quantity Percentage: The percentage of the Bid Facility’s Expected Annual Eligible Production that will be committed to performance under this Agreement.

  • The amount payable in a given month shall be calculated as the lesser of: (1) the multiplicative product of (a) the Actual Eligible Production of the Bid Facility during the prior month; (b) the Bid Quantity Percentage; and (c) the Bid Price, and (2) the number of Tier-1 Renewable Energy Certificates Transferred into the NYSERDA NYGATS Account multiplied by the Bid Price.

  • Installed Capacity shall equal (i) the Nameplate Capacity of a Bid Facility that receives a Statement of Qualification (SoQ) and achieves Operational Certification multiplied by (ii) the Bid Quantity Percentage [for Upgrades, multiplied by (iii) the Incremental Upgrade Percentage] [or for Repowerings, multiplied by (iii) the Tier-1 Percentage].

  • This number will equal the Expected Annual Eligible Production multiplied by the Bid Quantity Percentage.

  • For all transactions contemplated and consummated under this Agreement, the Bid Quantity Percentage shall be *** percent (***%), which Bid Quantity Percentage will be applied to Actual Eligible Production in any period during the Contract Delivery Term to establish compliance with contract requirements.


More Definitions of Bid Quantity Percentage

Bid Quantity Percentage. The percentage of the Bid Facility’s Expected Annual Eligible Production that will be committed to performance under this Agreement. For all transactions contemplated and consummated under this Agreement, the Bid Quantity Percentage shall be *** percent (***%), which Bid Quantity Percentage will be applied to Actual Eligible Production in any period during the Contract Delivery Term to establish compliance with contract requirements. Commercial Operation: A state of operational readiness under which (i) the Bid Capacity is available and physically able to produce electric energy, and (ii) all rights, abilities, permits and approvals to schedule and deliver energy to the Injection Point have been obtained.
Sample 1Sample 2
Bid Quantity Percentage. The percentage of the Bid Facility’s Actual Annual Eligible Production committed to performance under this Agreement. For all transactions contemplated and consummated under this Agreement, the Bid Quantity Percentage shall be as stated in Schedule 1 of this Agreement.
Sample 1Sample 2

Related to Bid Quantity Percentage

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Relevant Percentage means, in respect of any Subsidiary Issuer, the percentage as specified in the relevant Pricing Supplement;

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof, or if applicable, specified in its most recent Assignment Agreement.

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).