Capacity Ratio definition
Examples of Capacity Ratio in a sentence
Further, the ▇▇▇▇ Capacity Test will be deemed to be "passed" or "satisfied" to the extent the ▇▇▇▇ Capacity Ratio is not less than 100% (the "▇▇▇▇ Capacity Performance Metric").
For the purposes of evaluating the ▇▇▇▇ Capacity Test, the "▇▇▇▇ Capacity Ratio" shall be equal to the number, expressed as a percentage, equal to the total MWh delivered to the Point of Interconnection during the ▇▇▇▇ Capacity Test, divided by the ▇▇▇▇ Contract Capacity.
Further, the Capacity Test will be deemed to be “passed” or “satisfied” to the extent the Capacity Ratio is not less than 100% (the “Capacity Performance Metric”).
Date/Time Start Date/Time End Total MWh delivered to the POI (A) ▇▇▇▇ Contract Capacity (MWh) (B) ▇▇▇▇ Capacity Ratio 100% x (A ÷ B) Enter the applicable information from which the IPP is using to demonstrate satisfaction of the RTE Performance Metric during the reporting period.
A Capacity Test was conducted and the Facility was measured to have discharged 97.5 MWh Contract Capacity = 25 MW x 6 hours = 150 MWh Capacity Ratio = MWh Discharged ÷ Contract Capacity = 97.5 MWh ÷ 150 MWh = 0.65 LD = [((1 – 0.950) x 1) + ((0.950 – 0.850) x 1.5) + ((0.850 – 0.750) x 2 + ((0.750 – 0.65) x 2.5] x Lump Sum Payment for the Measurement Period in question = 0.65 x Lump Sum Payment for the Measurement Period in question Capacity Test Termination Rights.
Beginning with the Quarterly Report for the last Measurement Period of the initial Contract Year, Seller shall include calculations of (a) the Capacity Ratio, the RTE Ratio, the Annual EAF and the Annual EFOF for the Measurement Period, as well as (b) any liquidated damages to be assessed, as set forth in the form of Quarterly Report set forth in Section 1 (Quarterly Report) of said Attachment S (Quarterly Reporting and Dispute Resolution by Independent Evaluator).
The actual monthly NAND Flash Memory Product lot output from the Y5 Facility shall be allocated between Toshiba and SanDisk, as applicable, based on the Y5 NAND Capacity Ratio.
If Company disagrees with Seller’s position, and if, for each of the three preceding Contract Years, the Annual EAF was less than 94%, the Capacity Ratio was less than the Tier 1 bandwidth under Section 4.3(a) (Capacity Test and Liquidated Damages) for such Contract Year, then the parties shall commission a study by a Qualified Consultant selected from among the entities listed in Attachment D (Consultants List) and the Qualified Consultant will make a recommendation to remedy the situation.
Within ten (10) Business Days after Company’s receipt of a Quarterly Report, Company shall provide written notice to Seller of any Quarterly Report Disagreement, including with respect to the data for the Measurement Period covered by such Quarterly Report and Seller’s calculation of, as applicable, any of the Capacity Ratio, the RTE Ratio, the Annual EAF or the Annual EFOF for the Measurement Period in question (“Notice of Disagreement”).
If Company disagrees with Seller’s position, and if, for each of the three preceding Contract Years, the Annual EAF was less than 94% and/or the Capacity Ratio was less than the Tier 1 bandwidth under Section 4.3(a) (Capacity Test and Liquidated Damages) for such Contract Year, then the parties shall commission a study by a Qualified Consultant selected from among the entities listed in Attachment D (Consultants List) and the Qualified Consultant will make a recommendation to remedy the situation.