Economic Curtailment definition

Economic Curtailment shall have the meaning set forth in Section 8.2(A).
Economic Curtailment has the meaning given to such term in Section 3.2(a).
Economic Curtailment has the meaning set forth in Article 7.5 [Economic Curtailment].

Examples of Economic Curtailment in a sentence

  • In addition to complying with the forecasting requirements set forth in Exhibit I, Seller must provide to Buyer the Economic Curtailment Limit Schedule using the Web Client.

  • Subject to Section 4 of this Exhibit U, for each Negative Pricing Hour where Buyer has provided Seller with a Curtailment Notice, the difference (in MWhs) between the Seller’s Day-Ahead Forecast and the Economic Curtailment Limit Schedule will count toward the Curtailment Period Cap for the applicable calendar quarter whether or not Seller chooses to curtail the Generating Facility’s production of the Power Product for such Negative Pricing Hour.

  • This Exhibit D-3 describes the methodology for computing Economic Curtailment Credit Value.

  • If the Web Client becomes unavailable, Seller shall provide Buyer with the Economic Curtailment Limit Schedule by e-mail or by telephoning Buyer’s Generation Operation Center, at the e-mail address or telephone number(s) listed in Exhibit N.

  • Alternatively, SCE seeks approval of a Tier 1 Advice Letter process consistent with previous Commission decisions on the RPS Plans.50For its REC sales solicitation, SCE will use the proposed 2017 Procurement Protocol included at Appendix I.1 of its 2017 RPS Plan.8.9. Economic Curtailment, Frequency, Costs, and Forecasting51SCE plans to bid resources with economic curtailment rights into the day-ahead and real-time markets.

  • Economic Curtailment, Frequency, Costs, and Forecasting63SCE plans to bid resources with economic curtailment rights into the day-ahead and real-time markets.

  • The compensation that shall be paid by Purchaser to Seller during periods of Economic Curtailment shall be calculated in accordance with Exhibit B and will be Seller’s sole compensation from Purchaser as a result of Economic Curtailment.

  • In addition, Purchaser shall have the right to notify Seller, by telephonic communication or other method as rea- sonably determined by Purchaser, of a Reliability Cur- tailment or of an Economic Curtailment.

  • Upon receipt of notice from Client to resume mining operations following an Economic Curtailment Event or, if such Economic Curtailment Event was independently initiated by Host, Host’s determination that the conditions resulting in such Economic Curtailment Event no longer apply, Host shall promptly resume delivering power to the Client Equipment.

  • In the event of a Reliability Curtailment, Economic Curtailment, Force Majeure event, a Forced Outage, a Scheduled Outage/Derating or other planned or unplanned outage of the Facility, Seller shall allocate the curtailment ratably among purchasers of Facility output, by delivering to Purchaser its Contract Capacity Share of the non-curtailed level of output.


More Definitions of Economic Curtailment

Economic Curtailment shall have the meaning set forth in Exhibit B.
Economic Curtailment curtailments of delivery of Contract Energy that arise from MP’s scheduling and other market participation activities as may be required of MP as market participant for the Facility by the Market Operator, if any, including any such curtailment arising from any energy offer made by, or on behalf of, MP with respect to the Facility, including offers of price and quantity that result in curtailment. If Seller asserts that any curtailment was an Economic Curtailment and MP disputes that such curtailment arose from such scheduling or market participation activities of MP, MP shall furnish to Seller, subject to Section 17.19, copies of such records of MP relating to MP’s scheduling and market participation activities as Seller reasonably requests for purposes of resolving the dispute.
Economic Curtailment. Has the meaning set forth at the end of the definition of Dispatch Down Period.

Related to Economic Curtailment

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Disaster recovery project means a redevelopment project

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Uncontrollable Forces means any event which results in the prevention or delay of performance by a party of its obligations under this Agreement and which is beyond the reasonable control of the nonperforming party. It includes, but is not limited to fire, flood, earthquakes, storms, lightning, epidemic, war, riot, civil disturbance, sabotage, and governmental actions.

  • Cash from Operations means the net cash realized by the Company from any source other than a Capital Transaction, after payment of all cash expenditures of the Company, including, but not limited to, all operating expenses including all fees payable to the Manager or Affiliates, all payments of principal and interest on indebtedness, expenses for repairs and maintenance, capital improvements and replacements, and such reserves and retentions as the Manager reasonably determines to be necessary and desirable in connection with Company operations with its then existing assets and any anticipated acquisitions.

  • Operating Loss means a negative Operating Profit.

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of twenty nine million dollars ($ 29,000,000.00).

  • Funds From Operations for any period means the consolidated net income attributable to the Issuers and the Restricted Subsidiaries for such period determined in conformity with GAAP after adjustments for unconsolidated partnerships and joint ventures, plus depreciation and amortization of real property (including furniture and equipment) and other real estate assets and excluding (to the extent such amount was deducted in calculating such consolidated net income):

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • Adjusted Funds From Operations means, with respect to a Person and for a given period, Funds From Operations of such Person for such period, plus non-cash charges, including amortization expense for stock options and impairment charges (other than non-cash charges that constitute an accrual of a reserve for future cash payments), of such Person for such period.

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • 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.

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • blending operation means actions supported by the EU budget, including within blending facilities pursuant to Article 2(6) of the Financial Regulation, combining non-repayable forms of support and/or financial instruments from the EU budget with repayable forms of support from development or other public finance institutions, as well as from commercial finance institutions and investors.

  • Gross Income from Operations with respect to any Hotel Property for any period, without duplication, all income and proceeds (whether in cash or on credit, and computed on an accrual basis) received by a Group Member or Qualified Manager for the use, occupancy or enjoyment of such Hotel Property, or any part thereof, or received by a Group Member or Qualified Manager for the sale of any goods, services or other items sold on or provided from the such Hotel Property in the ordinary course of such Hotel Property’s operation, during such period including without limitation: (a) all income and proceeds received from any Lease, Operating Lease and rental of rooms, exhibit, sales, commercial, meeting, conference or banquet space within such Hotel Property, including net parking revenue, and net income from vending machines, health club fees and service charges; (b) all income and proceeds received from food and beverage operations and from catering services conducted from such Hotel Property even though rendered outside of such Hotel Property; (c) all income and proceeds from business interruption, rental interruption and use and occupancy insurance with respect to the operation of such Hotel Property (after deducting therefrom all necessary costs and expenses incurred in the adjustment or collection thereof); (d) all Awards for temporary use (after deducting therefrom all costs incurred in the adjustment or collection thereof and in Restoration of such Hotel Property); (e) all income and proceeds from judgments, settlements and other resolutions of disputes with respect to matters which would be includable in this definition of “Gross Income from Operations” if received in the ordinary course of such Hotel Property’s operation (after deducting therefrom all necessary costs and expenses incurred in the adjustment or collection thereof); and (f) interest on credit accounts, rent concessions or credits, and other required pass-throughs; but excluding, (i) gross receipts received by lessees, licensees or concessionaires of such Hotel Property; (ii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels, although arranged by, for or on behalf of the Loan Parties or Qualified Manager; (iii) income and proceeds from the sale or other disposition of goods, capital assets and other items not in the ordinary course of such Hotel Property’s operation; (iv) federal, state and municipal excise, sales and use taxes collected directly from patrons or guests of such Hotel Property as a part of or based on the sales price of any goods, services or other items, such as gross receipts, room, admission, cabaret or equivalent taxes; (v) Awards (except to the extent provided in clause (d) above); (vi) refunds of amounts not included in Operating Expenses at any time and uncollectible accounts; (vii) gratuities collected by employees at such Hotel Property; (viii) the proceeds of any financing; (ix) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business; and (x) any credits or refunds made to customers, guests or patrons in the form of allowances or adjustments to previously recorded revenues.