Examples of Contract Capacity in a sentence
Seller shall provide Notice of such Contract Capacity Commitment to Buyer no later than ten (10) Business Days following the Expected Construction Start Date.
Seller shall not make any alteration or modification to the Project which results in a change to the Contract Capacity or the anticipated output of the Project without Buyer’s prior written consent.
The Contract Capacity is subject to adjustment based on the Demonstrated Contract Capacity.
In the event that the Buyer waives demonstration of the Contract Capacity, the Demonstrated Contract Capacity will be deemed to be equal to the Contract Capacity specified in Section 2.1 of the Agreement.
The Parties agree that the Compliance Costs Seller shall be required to bear during the Delivery Term shall be capped annually at ten thousand dollars ($10,000.00) per MW of Contract Capacity and in the aggregate throughout the Delivery Term at twenty thousand dollars ($20,000.00) per MW of Contract Capacity (collectively, the “Compliance Cost Cap”).