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 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 2Sample 3
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 BR Facility’s Actual Annual 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.
Sample 1

Related to Bid Quantity Percentage

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

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

  • 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.