Capacity Availability Factor definition

Capacity Availability Factor has the meaning set forth in Exhibit C.
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Capacity Availability Factor means: (AEG + SME)  PE, where AEG = Available Energy - Gas for any period, stated in Megawatt-hours (MWh), means the amount of Contract Energy that is available from the Facility for dispatch on natural gas fuel, regardless of the extent to which SPP actually dispatches the Facility, during such period. For purposes of calculating AEG: • The Facility shall be derated for Forced Outages (regardless of whether caused by Force Majeure) and ambient conditions. By way of example for the month of June, [year], if (I) the Facility is fully mechanically available, (II) no maintenance is scheduled for the month, but (III) due to summer conditions, the average Contract Capacity actually available from the Facility for the month is MW, then CAF for such month shall be MWh [AEG]  MWh [PE] = %. • Contract Capacity that is unavailable for dispatch by Company on natural gas fuel nevertheless shall be considered to be available for the purposes of determining AEG when (and only when):
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Capacity Availability Factor has the meaning set forth in Exhibit C. “Capacity Availability Payment True-up” has the meaning set forth in Exhibit C.
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Examples of Capacity Availability Factor in a sentence

  • CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1).

  • CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh ”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1).

Related to Capacity Availability Factor

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • System Availability for each System is calculated as follows:

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Load factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

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

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Stress Factor means 2.25.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Availability Block means $15,000,000.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Base Level means the following amounts plus the percentage

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Most Referenced Definitions