Capacity Contract definition

Capacity Contract means a contract entered into by the Secretary and an eligible entity for the right to the use of the transmission capacity of an eligible project.
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Capacity Contract means a contract where the capacity of a generating station is contracted in advance wherein the generating station is obligated to despatch contracted electricity as and when required by such buyer during the tenure of the contract and consideration by way of capacity payment is made by the buyer;
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Capacity Contract or “Contract” shall mean this Generating Capacity & Power Sales Contract, as amended from time to time, providing for the purchase, installation, ownership, and maintenance of the Generating Facilities and the sale of Electricity from the Generating Facilities by the Agency to the Participant.
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Examples of Capacity Contract in a sentence

  • No Party shall be entitled to disclose Confidential Information to any third party without the prior written consent of the other Party, except to appropriate governmental authorities or to Arbitrators under this Capacity Contract or when required by mandatory law or regulations.

  • The Confidential Information may be disclosed to advisors, contractors, banks or other financing entities and employees of the Parties only to the extent required for the proper performance of the obligations arising out of this Capacity Contract.

  • The conclusion of a Capacity Contract and compliance with the respective rules entitle the System User to allocate Entry and/or Exit capacity to a balance group or a sub balance account.

  • In the event of any conflict between this Capacity Contract and the Annexes (with exclusion of Annex 1 “General Terms and Conditions”), this Capacity Contract shall prevail.

  • If any of the provisions of this Capacity Contract, including any part of the General Terms and Conditions is or becomes ineffective, illegal, invalid, unenforceable, inoperative or void, the effectiveness of the other provisions shall not be affected or impaired thereby and will remain in full force and effect.

  • Notwithstanding the payment adjustments described in the foregoing and for avoidance of doubt, if there is no change in the values calculated for the Contract Nameplate Capacity, Contract Capacity Factor and Contract Price between a given period and the subsequent period, then there shall be no payment adjustments pursuant to this Section 2.6(a).

  • System User agrees automatically with the final confirmation of the partial Assignment by TSO that as of the effective date of such assignment to the assignee this Capacity Contract is amended accordingly to reflect the assignment.

  • The offered Balance Group Management service has been implemented pursuant to the provisions of the Austrian Natural Gas ▇▇▇ ▇▇▇▇, the Other Market Rules (Sonstige Marktregeln, SoMa), the General Terms and Conditions for Transmission Network Access of TAG GmbH and the Capacity Contract stipulated between the System User and TAG GmbH.

  • In such event, the corresponding amendments to the Quality Specification shall be forthwith applied also for the purpose of this Capacity Contract.

  • The System User shall acknowledge the version of the General Terms and Conditions for Transmission Network Access applying at date of signing of this Frame Capacity Contract and published on the Internet, and confirm acceptance thereof.


More Definitions of Capacity Contract

Capacity Contract means a transport contract between a transmission system operator and a network user;
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Capacity Contract means a contract for the use of otherwise uncommitted rail capacity of the COLT Terminal, but shall not include any such contract with a customer who as of the date of this Agreement has an option to utilize additional capacity at the COLT Terminal.
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Capacity Contract means a contract describing the quantity of capacity, time period of use and other conditions of use of capacity allocated to a Shipper.
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Capacity Contract. ’ means a
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Capacity Contract means a gas transportation contract between a transmission system operator and a Registered Network User as defined in article 2 of the Regulation.
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Capacity Contract means a transport contract between a transmission system operator and a network user as defined in article 2 of Regulation (EC) 715/2009.
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Related to Capacity Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Capacity Export Transmission Customer means a customer taking point to point transmission service under Tariff, Part II to export capacity from a generation resource located in the PJM Region that has qualified for an exception to the RPM must-offer requirement as described in Tariff, Attachment DD, section 6.6(g).

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Capacity Interconnection Rights means the rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.