Capacity Period definition
Examples of Capacity Period in a sentence
The Financial Contribution must be paid during the OS 2020 Capacity Period for the Green Gas Lolland- Falster Project.
Where the IAA Shipper holds Annual Capacity Product(s) at the date of termination for a Capacity Period of a Gas Year or longer, unless paragraph 6.4.3 of Section B of the IUK Access Code applies to such Capacity, IUK shall use reasonable endeavours to offer such Capacity Product(s) under an Allocation Mechanism following the date of termination (and no later than three (3) Months after the date of termination).
Under OS 2020, the Shipper has been allocated the following OS 2020 Capacity: Maximum Firm Capacity: (kWh/Hour) for the RES Entry Point Lolland-Falster Exit Lolland-Falster The OS 2020 Capacity Period has the following Start Date and End Date: Start Date: End Date: This OS 2020 Capacity shall be considered as Incremental Capacity, and is allocated for the relevant tem- porary point, either being the exit point Exit Lolland-Faster, or the entry point RES Entry Point Lolland- Falster.
The purpose of this Agreement is to ensure that Energinet establishes the infrastructure required to provide the OS 2020 Capacity in the OS 2020 Capacity Period subject to fulfilment of the Conditions Precedent (and provided this Agreement has not been terminated by Energinet).
Notwithstanding anything to the contrary in this Agreement, Customer agrees that such [****] efforts by SGSIL shall constitute adequate performance of SGSIL's obligations under this Agreement during a Limited Capacity Period.
If the Parties cannot agree within ninety (90) Business Days calculat- ed from the date of a Party’s request made by a Written Notice, the loss shall be calculated and compensated at the end of the OS 2017 Capacity Period.
If Seller meets the performance requirements set forth in Section 9.1.2.2, Seller shall be paid a Monthly Capacity Payment, beginning from the date of Firm Operation equal to the sum of the on-peak, mid-peak, and off-peak Capacity Period Payments.
The purpose of this Agreement is to ensure that Energinet establishes the infra- structure required to provide the OS 2017 Capacity in the OS 2017 Capacity Period subject to fulfillment of the Conditions Precedent (and provided this Agreement has not been terminated).
During the OS 2017 Capacity Period, the Parties shall use their best efforts to agree on the calculation and compensation of any loss of the Shipper exceeding €3,000,000 and arising out of one or more of the matters mentioned above un- der i)-iv).
Each capacity period payment is calculated pursuant to the following formula: Monthly Capacity Period = A x B x C x D Payment Where A = Capacity Price specified in Section 15.1 based on the Capacity Payment Schedule contained in Edison's Standard Offer No. 2 for Firm Power Purchases in effect at the time of Amendment No. 1 execution.