Examples of Emissions Guarantee in a sentence
Contractor acknowledges and agrees that, subject to Contractor’s rights in connection with a Change in Law, it can conduct the Work for the Contract Price, in accordance with the Project Execution Plan and by the Guaranteed Substantial Completion Date for each Stage, and in accordance with GECP and all requirements of this Agreement, including Applicable Laws, the Emissions Guarantee, the Noise Guarantee and the Guaranteed Performance Levels (subject to Section 9.10).
Subject to Contractor’s obligations hereunder to satisfy the Performance Guarantees, the Reliability Guarantee and the Emissions Guarantee and pursuant to Articles 15, 17 and Section 22.1, Owner shall bear the risk of loss for, and full responsibility for, the cost of replacing or repairing any damage to the Project from and after the Turnover Date.
The purpose of the Emissions Guarantee (EG) is to provide incentives for Retailers to meet an average emissions per MWh (tCO2-e/MWh) that would allow Australia to meets its international climate change commitment.
If applicable, Guaranteed Peak Electrical Output [TBD] kW at 100%, while meeting Emissions Guarantee.
EE shall be responsible for any fine imposed by any Governmental Authority of the United States or Puerto Rico in respect of compliance with the EQB Permit due to a failure to comply with any Emissions Guarantee.
Emissions Guarantee – offeror shall indemnify Owner up to a maximum of Two Hundred Fifty Thousand USD ($250,000 USD) annually, for the aggregate of all fines and penalties incurred by Owner during each year of this Agreement, as a result of failure of the facility to comply with the Emissions Guarantee BESS Availability• $1500 per MW 1.0% below the Annual Availability Guarantee [pending] Offeror shall be able to limit its liability of all damages up to 20% of all fees received on an annual basis.
Base Reliability Guarantee –7 day test availability of not less than 97%, while meeting Emissions Guarantee.
Such limits apply to normal operating conditions and the Emissions Guarantee shall not apply to upset conditions and intermittent emission sources such as periodic operation/testing of emergency generator, lifeboat engine, rescue boat engine, incinerator, and similar non-continuous sources.
If the measured value minus the uncertainty is equal to or lower than the guaranteed value, as set forth in the Agreement, the Stack Emissions Guarantee shall be deemed as demonstrated and fulfilled.
The Emissions Deficiency Notice shall at a minimum (i) identify the Emissions Guarantee that was not achieved inclusive of the supporting reports, data and/or numerical correlations that were used to obtain the emissions test levels; (ii) provide a detailed description of the various technical options that EE may pursue to meet the Emissions Guarantees; and (iii) the relative cost of each option.