Delivery Year Expected REC Quantity definition

Delivery Year Expected REC Quantity means, with respect to a Designated System and a Delivery Year, the expected number of RECs from such Designated System to be Delivered from Seller to Buyer in such Delivery Year as more fully described in Section 4.2(b), as may be adjusted pursuant to Section 2.6, and as may be amended pursuant to Section 4.2(f), and to be documented in the annual delivery schedule shown in Schedule B to the Product Order for such Designated System.
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Delivery Year Expected REC Quantity means, with respect to a Designated
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Delivery Year Expected REC Quantity means, with respect to a Designated System and a Delivery Year, the expected number of RECs from such Designated System to be Delivered from Seller to Buyer in such Delivery Year as more fully described in Section 4.2(b), as may be adjusted pursuant to Section 2.6(b), and as may be amended pursuant to Section 4.2(f), and to be documented in the annual delivery schedule shown in Schedule B to the Product Order for such Designated System.
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Examples of Delivery Year Expected REC Quantity in a sentence

  • If the Delivery Term extends beyond a 15-Delivery Year schedule starting with that first Delivery Year, then each subsequent Delivery Year Expected REC Quantity subsequent to the 15th Delivery Year shall reflect a quantity that provides for a degradation factor of half of one percent (0.5%) from the prior Delivery Year Expected REC Quantity (a sample delivery schedule is provided in Exhibit F-1).

  • If the Delivery Term extends beyond a 15-Delivery Year schedule starting with that first Delivery Year, then each subsequent Delivery Year Expected REC Quantity subsequent to the 15th Delivery Year shall reflect a quantity that provides for a degradation factor of half of one percent (0.5%) from the prior Delivery Year Expected REC Quantity (a sample delivery schedule is provided in Exhibit F).

  • For purposes of re-calculating the delivery schedule, the Delivery Year in which the date of Energization occurred shall be the first Delivery Year for which a Delivery Year Expected REC Quantity is calculated and the Delivery Year Expected REC Quantity for such first Delivery Year shall be calculated using the updated Contract Nameplate Capacity based on the updated percent of the Actual Nameplate Capacity that is being Subscribed as established pursuant to Section 2.6(b) and Section 2.6(c).

  • 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.

  • If the Delivery Term extends beyond a 20-Delivery Year schedule starting with that first Delivery Year, then each subsequent Delivery Year Expected REC Quantity subsequent to the 20th Delivery Year shall reflect a quantity that provides for a degradation factor of half of one percent (0.5%) from the prior Delivery Year Expected REC Quantity (a sample delivery schedule is provided in Exhibit F-1).

  • If the Delivery Term for a Designated System extends beyond the Delivery Years for which a Delivery Year Expected REC Quantity is provided above, then each subsequent Delivery Year Expected REC Quantity shall be 99.5% of the prior Delivery Year Expected REC Quantity for such Designated System.

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

  • Any such changes in the delivery schedule and amendments made to future Delivery Year Expected REC Quantity and Contract Nameplate Capacity 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.

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

  • 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.


More Definitions of Delivery Year Expected REC Quantity

Delivery Year Expected REC Quantity means, with respect to a Designated System and a Delivery Year, the expected number of RECs from such Designated System to be Delivered from Seller to Buyer in such Delivery Year as more fully described in Section 6(c) of the Cover Sheet of the REC Contract,4.2(b), as may be adjusted pursuant to Sections 5(f)(i)-(iii) of the Cover Sheet,Section 2.6(b) or Section 2.6(d), and as may be amended pursuant to Section 6(f) of the Cover Sheet4.2(f), and to be documented in the annual delivery schedule shown in Schedule B to the Product Order for such Designated System.
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Related to Delivery Year Expected REC Quantity

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.