Capacity Damages has the meaning set forth in Exhibit B.
Capacity Damages means an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) per MW.
Capacity Damages means collectively Storage Capacity Damages and PV Capacity Damages.
Examples of Capacity Damages in a sentence
Subject to Section 5.2(c), Seller shall pay all amounts due to Buyer under this Agreement, including any Delay Liquidated Damages, Decreased Capacity Damages, or otherwise in respect of any obligation of Seller to indemnify or reimburse Buyer, within 45 days following the end of the calendar month in which such amounts have become due.
More Definitions of Capacity Damages
Capacity Damages has the meaning set forth in Article 9.3.
Capacity Damages means an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) per MW. The Delivery Term shall not commence until Seller completes each of the following conditions: Seller has provided copies of all documentation required to be provided as a condition precedent to commencement of the Delivery Term, e.g., Interconnection Agreement, proof of insurance, satisfaction of other Seller commitments, etc.; All applicable permits and government approvals required for the operation of the Facility have been obtained; Seller has provided Buyer with a copy of written notice from the CAISO that the Facility has achieved Full Capacity Deliverability Status; Seller has delivered the Performance Security to Buyer; and Seller has paid Buyer all amounts owing under the PPA as of such date, if any.
Capacity Damages has the meaning set forth in Section 6 of Exhibit B. “CEQA” means the California Environmental Quality Act.
Capacity Damages has the meaning set forth in Section 5 of Exhibit B. “Capacity Payment(s)” has the meaning set forth in Exhibit C.
Capacity Damages means an amount equal to (i) the replacement price for such Capacity Requirement in the PJM Daily Capacity Credit Market (as defined in the PJM Agreement or any product or market that becomes a surrogate therefor), plus (ii) any penalties assessed by PJM against JCP&L as a direct result of NJEA's failure to deliver the Capacity Requirement in accordance with Section 5.1 hereof. Except as otherwise provided in Section 8.2(a) hereof, the damages provided in this Section 5.2 shall be the sole and exclusive remedy of JCP&L for any failure of NJEA to deliver the Capacity Requirement hereunder and there shall be no other adjustment of the Energy Payment as a result of NJEA's failure to deliver such Capacity Requirement. The invoice for the amount payable hereunder shall include a written statement explaining in reasonable detail the calculation of such amount. 5.3
Capacity Damages means an amount equal to Five Hundred Thousand Dollars ($500,000) per MW.
Capacity Damages means an amount equal to Three Hundred Fifty Thousand Dollars ($350,000) per MW.