Electrical Products means any products produced by or related to the Facility, other than the electrical energy produced by the Facility, including electric capacity, spinning reserves, operating reserves, balancing energy, regulation service, reactive power and voltage control and other ancillary service products.
Electrical Products means consumer appliances, electronics, and electrical devices valued at $100 or greater, including window air conditioning units, stoves, ovens, refrigerators, clothes washers, clothes dryers, dishwashers, microwaves, televisions, DVD/Blu-ray players, game consoles, computers, printers, scanners, and smart devices (hubs, cameras, lights, locks, doorbells). “Electrical Surge” means an occurrence of a sudden and non-continuous increase or burst of electricity or electrical current, caused by natural or man-made events including lightning strikes and power returning after an outage, which can accelerate wear and tear and result in the failure of Electrical Products. This Agreement provides coverage only for Electrical Products which are owned by you or a member of your household and which are located within the perimeter of the main foundation or attached garage at the service address or account identified on the Declarations Page that fail due to the accelerated wear and tear of Electrical Surges. If the identified service address has multiple units or multiple accounts, a separate Agreement must be purchased for each individual unit or account. Repair or replacement costs, and diagnostic fees, are covered only up to the Per-Incident and Annual Limits specified on the Declarations Page, and subject to the exclusions described below. Any repair or replacement charges beyond the Per-Incident or Annual Limits are your responsibility. An “incident” means the particular Electrical Surge causing accelerated wear and tear that leads to a need for repair or replacement of Electrical Product(s). The “Annual Limit” specified on the Declarations Page is the aggregate limit on the amount that Provider will pay for any one or more incidents that occur within an Annual Term of this Agreement. An “Annual Term” of this Agreement means the initial twelve-month term of this Agreement, commencing on the Effective Date of this Agreement and any successive twelve-month renewal term under this Agreement. The “Effective Date” of this Agreement is listed on the Declarations Page. What Is Not Covered: Provider will not be responsible for providing any products and services not specifically listed above in “What is Covered,” including without limitation any of the following: (1) Damage to your home’s electrical system, including the service panel or fuse box and circuit breaker(s); (2) Damage to heating, ventilation, and air conditioning system(s), water heaters, thermostats, securi...
Electrical Products means all electrical products produced by or related to the Facility, including spinning reserves, operating reserves, black start capability, balancing energy, regulation service, ramping capability, reactive power and voltage control, frequency control and other ancillary or essential reliability service products. For the avoidance of doubt, Electrical Products do not include: (i) any federal, state or local tax attributes arising from the ownership of the Facility, including depreciation deductions; (ii) grants in lieu of investment tax credits or any similar financial payment or grant with respect to the Facility or the metered electric energy output thereof; or (iii) the metered electric energy produced by the Facility.
Examples of Electrical Products in a sentence
The payments under this Agreement constitute full and complete compensation for all energy provided to Alabama Power, as well as for Electrical Products that are inherently embedded in or connected with such energy.
Alabama Power shall not be required to accept or pay for any Electrical Products, if any, produced by or related to the Facility, and QF shall not seek separate or additional compensation from Alabama Power for any such Electrical Products under this Agreement or any other agreement, tariff or rate schedule or filing with any Governmental Authority.
More Definitions of Electrical Products
Electrical Products any product (a) of the type typically sold by - the Business on or prior to the Closing Date and (b) to the extent not covered - under the preceding clause (a), sold under or associated with the Xxxxxx-Xxxxxx trademark and available to the Business under the WESCO Distributor Agreement for sale on or prior to the Closing Date.
Electrical Products means all electrical products produced by or related to the Facility, including spinning reserves, operating reserves, balancing energy, regulation service, ramping capability, reactive power and voltage control, frequency control and other ancillary or essential reliability service products, or any benefit Buyer otherwise would have realized from or related to the Facility if Buyer rather than Seller had constructed, owned or operated the Facility, it being the Parties' intent that all such benefits and entitlements in addition to electrical output that flow to the owner or operator of the Facility, whether existing as of the Effective Date or at any time during the Term, belong to Buyer at no additional cost to Buyer. The term Electrical Products shall exclude Environmental Attributes and any and all state and federal production tax credits, any investment tax credits, tax incentives, or tax grants, and any other tax credits, tax incentives or tax grants which are or will be generated or earned by the Facility.
Electrical Products means all electrical products produced by or related to the Facility, including spinning reserves, operating reserves, balancing energy, regulation service, ramping capability, reactive power and voltage control, frequency control and other ancillary or essential reliability service products, or any benefit Georgia Power otherwise would have realized from or related to the Facility if Georgia Power rather than Seller had constructed, owned, or operated the Facility, it being the Parties’ intent that all such benefits and entitlements, in addition to electrical output, that flow to the owner or operator of the Facility, whether existing as of the Effective Date or at any time during the Term, will belong to Georgia Power at no additional cost to Georgia Power. For the avoidance of doubt, ElectricalProducts do not include any federal, state, or local tax attributes arising from the ownership of the Facility, including any ITC, PTC, or depreciation deductions, or any grant in lieu of investment tax credits or any similar financial payment or grant with respect to the Facility.
Electrical Products means all electrical products produced by or related to the Facility, including, as applicable, spinning reserves, operating reserves, balancing energy, regulation service, reactive power and voltage control, frequency control and other ancillary service products, or any similar benefit Georgia Power otherwise would have realized from or related to the Facility if Georgia Power rather than Seller had constructed, owned or operated the Facility, it being the Parties’ intent that all such benefits and entitlements in addition to electrical output that flow to the owner or operator of the Facility belong to Georgia Power at no additional cost to Georgia Power.
Electrical Products means all products produced by or related to the Facility, including spinning reserves, operating reserves, balancing energy, regulation service, reactive power and voltage control and other ancillary service products, or any similar benefit Buyer otherwise would have realized from or related to the Facility if Buyer rather than Seller had constructed, owned or operated the Facility, it being the Parties’ intent that all benefits and entitlements in addition to electrical output that flow to the owner or operator of the Facility belong to Buyer at no additional cost to Buyer.
Electrical Products means all products produced by or related to the Facility, including spinning reserves, operating reserves, balancing energy, regulation service, reactive power and voltage control and other ancillary service products, or any similar benefit Buyer otherwise would have realized from or related to the Facility if Buyer rather than Seller had constructed, owned or operated the Facility, it being the Parties’ intent that all benefits and entitlements in addition to electrical output that flow to the owner or operator of the Facility belong to Buyer at no additional cost to Buyer; provided, however, that Electrical Products shall not include any production tax credits or investment tax credits (or payments in lieu thereof) associated with the Facility (or the construction thereof).
Electrical Products means those electrical products set out in Part 1 of Schedule 1 and to the extent not included in Part 1 of Schedule 1 those electrical products which fall within the type numbers listed in Part 2 of Schedule 1 together with any Improvement to the same and together with any electrical product hereafter introduced by the Licensee with the prior written consent of the Grantor (such consent not to be unreasonably withheld) as an infill to any range of products of which an electrical product in Part 1 and Part 2 of Schedule 1 forms part;