Delivery Year Shortfall Amount definition

Delivery Year Shortfall Amount means, with respect to a Designated System and a Delivery Year, the positive difference between the Delivery Year Expected REC Quantity and the Delivery Year REC Performance applicable to such Designated System in such Delivery Year.
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Delivery Year Shortfall Amount means, with respect to a Designated System and a
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Delivery Year Shortfall Amount is defined here and again at the bottom of G-1, we suggest adding it to the list of definitions for ease of reference.]
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Examples of Delivery Year Shortfall Amount in a sentence

  • Surplus RECs are virtually tracked in the Surplus REC Account and shall remain, except as provided in Section 13.1, in such account until a reduction in such Surplus RECs is recorded by the IPA to meet a Delivery Year Shortfall Amount.

  • Any notification so given shall be deemed to have been received (i) 24 hours after dispatch if given by ordinary post, (ii) at the time of delivery if given in person or via express courier or (iii) at the time of transmission if given by fax or electronic means.

  • A Surplus REC may be used to meet a Delivery Year Shortfall Amount of such Designated System or another Designated System in such Delivery Year or future Delivery Year and when so used, shall cease to be a Surplus RECsREC.

  • See our comments in Exhibit G for more detail.]Surplus RECs from the Surplus REC Account shall be reduced and allocated to meet such Delivery Year Shortfall Amount, REC for REC.


More Definitions of Delivery Year Shortfall Amount

Delivery Year Shortfall Amount is defined here and again at the bottom of G-1, we suggest adding it to the list of definitions for ease of reference.]
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