Dispatch Down definition

Dispatch Down means any reduction or cessation of Energy generation by the Facility in response to an order or instruction by or direct action taken by the System Operator.

Dispatch Down is defined in Section 8.6.

Examples of Dispatch Down in a sentence

• Except as set forth in Section 8.10.1, all Seller losses for a Dispatch Down for Emergency Condition Instructions and Force Majeure Instructions shall be borne solely and entirely by Seller, including, without limitation, for any losses arising due to the lost or reduced generation by the Facility, production tax benefits, investment tax credits, grants or any other incentives or monetary opportunity relating to the design, development, construction, maintenance, ownership, or operation of the Facility.

• In any calendar year, except as set forth in Section 8.10, after satisfaction of the Annual Payment Threshold, Seller shall receive compensation from Buyer for the Dispatch Down of Energy that the Facility would have generated but did not generate due to compliance with and implementation of Control Instructions, starting with the [insert amount specified in 8.9 + 1] MWh of Energy that is not so generated.

• For each calendar year, after a Dispatch Down Payment Event occurs during that calendar year, Buyer shall pay Seller starting with the ( ) MWh [ ], at the Contract Price for the Product multiplied by the units of Product not generated due to the Dispatch Down instruction(s)Estimation Methodology.

• Except to the extent expressly set forth in Section 8.9, Seller shall not receive any compensation for any losses due to a Dispatch Down.

• Absent manifest error, Xxxxx’s calculations of the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) shall govern for purposes of determining Control Compensation.

• Except as set forth in Section 8.9, all Seller losses for a Dispatch Down shall be borne solely and entirely by Seller, including, without limitation, for any losses arising due to the lost or reduced generation by the Facility, lost tax benefits, lost investment tax credits, grants or any other incentives or monetary opportunity relating to the design, development, generation from, construction, maintenance, ownership, or operation of the Facility.

• During any calendar year during the Term hereof, Seller shall not receive any compensation from Buyer for any Dispatch Down until the Dispatch Down of Energy exceeds [first tranche ten (10)% for DEP] [first tranche five (5)% for DEC] of annual expected output stated in whole MWhs] of Energy that the Facility would have generated but did not generate due to compliance with and implementation of Control Instructions (such quantity, the “Annual Payment Threshold”).

• Except to the extent expressly set forth in Sections 8.10.1, Seller shall not receive any compensation for any losses due to a Dispatch Down for Emergency Condition Instructions or Force Majeure Instructions.