Commissioned Shortfall. The difference between (i) the Initial Declared Dependable Capacity of the Facility as set on the Commercial Operations Date or as re-declared in accordance with Schedule 4, if less than the Contracted Dependable Capacity, and (ii) the Contracted Dependable Capacity.
Commissioned Shortfall means the difference between (a) the Commissioned Dependable Capacity if less than the Contracted Dependable Capacity and (b) the Contracted Dependable Capacity.
Commissioned Shortfall. The difference between (a) the Dependable Capacity of the Complex on the Commercial Operations Date if less than [___] MW and (b) [___] MW.95 “Commissioning” - Engaging in the operations required for testing of the Complex in accordance with Section [__] of Schedule 4.
Examples of Commissioned Shortfall in a sentence
If there is a Commissioned Shortfall with respect to the Facility, then the Company shall pay to GPL as liquidated damages for the detrimental impact [AMOUNT IN WORDS] Dollars ($[AMOUNT IN FIGURES]) (or the Guyana Dollar equivalent at the prevailing exchange rate) per kW of such Commissioned Shortfall as per Schedule 3.
More Definitions of Commissioned Shortfall
Commissioned Shortfall. The difference between (a) the Dependable Capacity of the Complex on the Commercial Operations Date and (b) [___] MW. 96 If there is to be an Implementation Agreement, the Company may seek assistance from the Government in expediting its applications for Consents and/or assurances that the Government will grant all Consents for which the Company has properly applied. If such protection is included in the Implementation Agreement, the Company may wish to limit the definition of Consents in this Agreement to the Consents covered by the Implementation Agreement. 97 In addition to guaranteeing payments owed by Utility to the Company, the Guarantee might also be a guarantee of the performance by Utility of its other obligations under the Agreement (e.g., the obligation to construct the Interconnection Facilities).