Deficient Energy definition

Deficient Energy has the meaning as specified in Section 10.1.
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Examples of Deficient Energy in a sentence

  • At the end of each Term Year commencing with the end of the second Term Year, if the sum of Qualified Amounts plus any Lost Output (calculated in accordance with Exhibit L) in the applicable Calculation Period does not equal or exceed Seller’s Energy Delivery Obligation, then an Event of Deficient Energy Deliveries will be deemed to have occurred.

  • At the end of each Term Year if the sum of the Qualified Amounts plus any Lost Output (calculated in accordance with Exhibit M) during the Term Year does not equal or exceed Seller’s Annual Energy Delivery Obligation, then an Event of Deficient Energy Deliveries will be deemed to have occurred.

  • In an Hour with Excessive Energy, Deficient Energy or any combination thereof in four (4) or more consecutive Dispatch Intervals, Non-Excessive Energy in a Dispatch Interval for a Generation Resource is equal to the product of the Dispatch Interval duration in Hours and the lesser of the Dispatch Interval Actual Energy Injections, of the Generation Resource or the Generation Resource’s Excessive Energy Threshold.

  • During Dispatch Intervals in which there is Contingency Reserve Deployment on a specific Resource, the Excessive Energy Threshold and Deficient Energy Threshold will not apply to that Resource.

  • In an Hour with Excessive Energy, Deficient Energy or any combination thereof in three (3) or less consecutive Dispatch Intervals, Non-Excessive Energy in a Dispatch Interval for a Demand Response Resource-Type II is equal to the product of the Dispatch Interval duration in Hours and the Calculated DRR-Type II Output of such Demand Response Resource-Type II.

  • In an Hour with Excessive Energy, Deficient Energy or any combination thereof in four (4) or more consecutive Dispatch Intervals, Non-Excessive Energy in a Dispatch Interval for a Demand Response Resource-Type II is equal to the product of the Dispatch Interval duration in Hours and the lesser of the Calculated DRR-Type II Output of such Demand Response Resource-Type II, or such Demand Response Resource-Type II Excessive Energy Threshold.

  • In an Hour with Excessive Energy, Deficient Energy or any combination thereof in three (3) or less consecutive Dispatch Intervals, Non-Excessive Energy in a Dispatch Interval for a Generation Resource is equal to the product of the Dispatch Interval duration in Hours and the Dispatch Interval Actual Energy Injections, of the Generation Resource.

  • Deficient Energy in a Dispatch Interval for a Demand Response Resource-Type I is equal to the greater of (a) the product of the duration of the Dispatch Interval in Hours and the difference between the Deficient Energy Threshold for Demand Response Resource-Type I and the Calculated DRR-Type I Output of such Demand Response Resource -Type I, expressed in MW or (b) zero.

  • Deficient Energy in a Dispatch Interval for a Demand Response Resource-Type II is equal to the greater of (a) the product of the duration of the Dispatch Interval in Hours and the difference between the Deficient Energy Threshold for such Demand Response Resource-Type II and the Calculated DRR-Type II Output of such one or more Demand Response Resource -Type II, expressed in MW, or (b) zero (0) MW.

  • The lower limit of a Resource’s Tolerance Band, or Deficient Energy Threshold shall equal the minimum of: (1) eighty-eight percent (88%) of the hourly Setpoint Instruction, and (2) the sum of the hourly Setpoint Instruction minus four (4) MW.

Related to Deficient Energy

  • Deficient Loss means the determination by a court in a bankruptcy proceeding that the value of the collateral is less than the amount of the loan in which case the loss will be the difference between the then unpaid principal balance (or the NPV of a modified loan that defaults) and the value of the collateral so established.

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Replacement Energy means Energy purchased by Buyer as replacement for any Delivery Shortfall.

  • Deficient housing unit means a housing unit with health and safety code violations that require the repair or replacement of a major system. A major system includes weatherization, roofing, plumbing (including wells), heating, electricity, sanitary plumbing (including septic systems), lead paint abatement and/or load bearing structural systems.

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Water Service Connection means the pipes and fixtures used for the purpose of supplying any premises in the Municipality with water from the Corporation’s water works that is located between the Corporation’s watermain in the street and the street property line abutting the premises so supplied.

  • Deficient Exchange Act Deliverable With respect to the Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Trustee and each Servicing Function Participant and Additional Servicer retained by it (other than a Loan Seller Sub-Servicer), any item (x) regarding such party, (y) prepared by such party or any registered public accounting firm, attorney or other agent retained by such party to prepare such item and (z) delivered by or on behalf of such party pursuant to the delivery requirements under Article 13 of this Agreement, that does not conform to the applicable reporting requirements under the Securities Act, the Exchange Act, the Xxxxxxxx-Xxxxx Act and/or the rules and regulations promulgated thereunder.

  • Deficient Valuation Mortgage Loan Any Mortgage Loan that became the subject of a Deficient Valuation.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Generating Market Buyer means an Internal Market Buyer that is a Load Serving Entity that owns or has contractual rights to the output of generation resources capable of serving the Market Buyer’s load in the PJM Region, or of selling energy or related services in the PJM Interchange Energy Market or elsewhere.

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Net Energy The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."

  • Deficiency means a defect, flaw, anomaly, failure, omission, interruption of service, or other problem of any nature whatsoever with respect to a Deliverable, including, without limitation, any failure of a Deliverable to conform to or meet an applicable specification. Deficiency also includes the lack of something essential or necessary for completeness or proper functioning of a Deliverable.

  • PJM Interconnection, L.L.C. or "PJM" means the privately-

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Interconnection Party means a Transmission Provider, Interconnection Customer, or the Interconnected Transmission Owner. Interconnection Parties shall mean all of them.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Interconnect means to connect an alarm system including an automatic dialing device to a telephone line, either directly or through a mechanical device that utilizes a telephone, for the purpose of using the telephone line to transmit a message upon the activation of the alarm system.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.