Drawdown REC Quantity definition

Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.
Sample 1Sample 2Sample 3
Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall 1 For avoidance of doubt, the IPA, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (b)(iv) shall be 13/12 and 167/12, respectively. Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.
Sample 1
Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount. 1 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively.
Sample 1

More Definitions of Drawdown REC Quantity

Drawdown REC Quantity means, with respect to a Designated System that has a 3 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively. 4 NTD: IPA Act Section 1-75(c)(1)(K)(ii): “At least 20% from distributed renewable energy generation devices with a nameplate capacity of more than 25 kilowatts and no more than 5,000 kilowatts.” Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.
Sample 1
Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall 3 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively. 4 NTD: IPA Act Section 1-75(c)(1)(K)(ii): “At least 20% from distributed renewable energy generation devices with a nameplate capacity of more than 25 kilowatts and no more than 5,000 kilowatts.” Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.
Sample 1

Related to Drawdown REC Quantity

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • 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.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • Indefinite quantity contract means a fixed price contract that:

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Definite quantity contract means a fixed price contract that provides for a

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Drawdown means a drawdown of a Facility.

  • Priced Schedule of Quantities means the schedule of quantities duly priced with the accepted quoted rates of the contractor.

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • The Schedule of Quantities means the schedule of quantities as specified and forming part of this contract.

  • The schedule of quantity means the schedule of quantity as specified and forming part of this contract.

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • The Schedule of Quantities/BOQ means the schedule of quantities as specified and forming part of this contract. Words importing persons include firms and corporations. Words importing the singular only, also include the plural and vice verse where the Context requires. 1.0 SCOPE OF WORKThe detailed scope of the work is given in the BOQ

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Real-Time Commitment means NYISO’s multi-period security constrained unit commitment and dispatch model, as defined in the NYISO Tariffs.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,