Equivalent Force Majeure Hours definition

Equivalent Force Majeure Hours means (i) the product of (a) the Contract Capacity unavailable or limited because of a Force Majeure event, expressed in MW, and (b) the period for which such Contract Capacity is unavailable or limited because of a Force Majeure event, expressed in hours (or any portion thereof) (ii) divided by the Contract Capacity.
Equivalent Force Majeure Hours means, for any hour, (i) the product of (a) the Affected Capacity unavailable or limited due to a Force Majeure event, expressed in MW, and
Equivalent Force Majeure Hours means (i) the product of (a) Capacity curtailed because of a Force Majeure event, expressed in MW, and (b) the period of such curtailment, expressed in hours (ii) divided by the Capacity of the affected generating resource.

Examples of Equivalent Force Majeure Hours in a sentence

  • Seller should indicate any willingness to accept fewer Equivalent Force Majeure Hours in the “Special Considerations” section.

  • Subject to exceptions identified below, Equivalent Force Majeure Hours and Equivalent Planned Maintenance Hours are excluded from the calculation of actual Capacity Availability and minimum Availability Requirement level (and thus for which no Capacity Payment Discount will be incurred).

  • Maximum Equivalent Force Majeure Hours The maximum number of Equivalent Force Majeure Hours excluded from the calculation of actual Capacity Availability is 360 in a Rolling 12 Month Period for the one year Delivery Term.

  • AH- Available Hours EAF - Equivalent Availability Factor Dependable Capacity for Facility 413.0 OH - Outage Hours EFMH • Equivalent Force Majeure Hours Unit 1 Dependable Capacity 206.5 EDH - Equivalent Derated Hours PH - Period Hours EMOH Equivalent Major Overhaul Hours Unit 2 Dependable Capacity 206.5 EXHIBIT B - Scheduled Outage Program Annual Maintenance 4 weeks per Unit Major Overhaul Year (Once every 4 to 6 years) 7 weeks per Unit D - Additional Interconnection Facilities ..

  • Maximum Equivalent Force Majeure Hours The maximum number of Equivalent Force Majeure Hours excluded from the calculation of actual Capacity Availability is 120 in a Rolling 12 Month Period for the one year Delivery Term and 240 in a Rolling 12 Month Period for the extended Delivery Term.

  • Capacity Payment Discount(s) will be 2% for each 1% of shortfall to the required minimum Availability level (excluding agreed upon Planned Maintenance hours in approved periods (i.e., during March, April, October, or November) and a certain number of Equivalent Force Majeure Hours); provided, however, in no event shall Capacity Payment be reduced below zero (0).


More Definitions of Equivalent Force Majeure Hours

Equivalent Force Majeure Hours means (i) the product of (a) Capacity unavailable or limited because of a Force Majeure event, expressed in MW, and (b) the period for which such Capacity is unavailable or limited, expressed in hours (or any portion thereof) (ii) divided by the Capacity of the affected generating unit.

Related to Equivalent Force Majeure Hours

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Force Majeure Notice means a notice to be given by the Affected Party to the other party stating that a Force Majeure Event has occurred;

  • Force Majeure means an event beyond the control of the supplier and not involving the supplier’s fault or negligence and not foreseeable. Such events may include, but is not restricted to, acts of the purchaser in its sovereign capacity, wars or revolutions, fires, floods, epidemics, quarantine restrictions and freight embargoes.

  • Force Majeure Event means an event, or a series of related events, that is outside the reasonable control of the party affected (including failures of the internet or any public telecommunications network, hacker attacks, denial of service attacks, virus or other malicious software attacks or infections, power failures, industrial disputes affecting any third party, changes to the law, disasters, explosions, fires, floods, riots, terrorist attacks and wars);

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • Force Majeure Report means a report to be given by the Affected Party to the other party following the giving of a Force Majeure Notice;

  • Outage has the meaning set forth in the CAISO Tariff.

  • Normal weekly hours of work means the lesser of 40 hours or

  • Service Outage means an instance when the Customer is unable to route traffic to one or more Customer Sites via the Network, which results in Service Downtime;

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Planned Downtime means planned downtime for upgrades and maintenance to the Services scheduled in advance of such upgrades and maintenance.