Examples of Committed Capacity in a sentence
For Contract Year 1 all Unit Capacity shall be Committed Capacity.
If Buyer exercises its right for the Extension Term, Buyer shall designate the amount of Committed Capacity in its notice of exercise for the Extension Term.
Upon restoration of the Unit to service, Buyer may designate such amount of the Unit's capacity as either Committed Capacity or Uncommitted Capacity.
On and after the date of such requested Committed Capacity Test, and until the completion of a subsequent Committed Capacity Test, the Committed Capacity shall be deemed as the lower of the tested capacity or the Committed Capacity as set forth in Section 5.1.
Subject to Section 5.3 the Committed Capacity shall be KW, delivery date no later than the in-service date of the Avoided Unit or as otherwise specified in Appendix E (the “Guaranteed Capacity Delivery Date”).