Contract Capacity Factor definition

Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System. The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. Notwithstanding the foregoing, the Contract Capacity Factor may be amended pursuant to Section 4.2(f).
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Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System, and as may be amended pursuant to Section 4.2(f). The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor.
Sample 1
Contract Capacity Factor means, with respect to a Designated System, the capacity factor indicated by the IPA as such in Schedule B to the Product Order that is applicable to such Designated System. The Contract Capacity Factor shall be the Proposed Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is less than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. The Contract Capacity Factor shall be the Actual Capacity Factor if the result obtained by multiplying the Proposed Nameplate Capacity by Proposed Capacity Factor is equal to or greater than the result obtained by multiplying the Actual Nameplate Capacity by the Actual Capacity Factor. Notwithstanding the foregoing, the Contract Capacity Factor may be amended pursuant to Section 4.2(f)“Confirmation” means a Product Order confirming an oral Transaction. 1.21 .
Sample 1

Examples of Contract Capacity Factor in a sentence

  • Any such changes in the delivery schedule and amendments made to future Delivery Year Expected REC Quantity and Contract Nameplate Capacity or Contract Capacity Factor shall be documented in an amended Schedule B to the Product Order applicable to such Designated System issued by the IPA to Buyer and Seller.

  • The Year-1 Contract Capacity Factor shall be equal to the result obtained by dividing the Contract Capacity Factor by 0.9657.

  • Such request shall include pertinent information related to the payment adjustment as well as requested changes to future Delivery Year Expected REC Quantity and Contract Nameplate Capacity and/or Contract Capacity Factor.

  • The Delivery Year Expected REC Quantity for the first (1st) Delivery Year is the multiplicative product of (a) the Contract Nameplate Capacity (MW), (b) the Year-1 Contract Capacity Factor, and (c) 8,760 hours, which result shall be rounded down to the nearest whole REC.

  • Any such changes in the delivery schedule and amendments made to future Delivery Year Expected REC Quantities and the Contract Nameplate Capacity and/or Contract Capacity Factor shall be documented in an amended Schedule B to the Product Order applicable to such Designated System issued by the IPA to Buyer and Seller.

  • Porcine reproductive and respiratory syndrome virus neutralizing antibodies provide in vivo cross-protection to PRRSV1 and PRRSV2 viral challenge.

  • Amendment No. 2 also retains the capacity delivery performance requirement, as provided for in the Amended and Restated PPA, which provides the Company with the ability to reduce capacity payments if the Contract Capacity Factor for the MCV Plant is less than 0.6.

  • If Force Majeure has rendered Seller unable to meet the minimum Contract Capacity Factor set forth in Section 11, and such inability continues beyond the conclusion of Force Majeure, Seller may, at its option, terminate this Agreement without liability pursuant to Section 11.

  • If for any calendar year the Contract Capacity Factor is less than 0.6, then the Capacity Price stated in the first paragraph of this Subsection 9(a) shall be adjusted for the next calendar year.

  • Such request shall include pertinent information related to the payment adjustment as well as requested changes to future Delivery Year Expected REC Quantity and Contract Nameplate Capacity or Contract Capacity Factor.

Related to Contract Capacity Factor

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Quality factor (Q) means the modifying factor, listed in Tables I and II of 38.4(4), that is used to derive dose equivalent from absorbed dose.

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;