Estimated Year One Output definition

Estimated Year One Output means the System Owner’s estimate set forth on Exhibit “A” to this Agreement of the future Output of the System for the twelve (12) month period beginning on the Service Commencement Date.
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Estimated Year One Output means the System Owner’s estimate set forth on Exhibit “A” to this Agreement of the future Output of the System for the twelve (12) month period beginning on the Service Commencement Date. COMMENTThe Estimated Year One Output is an estimate of the Customer’s anticipated allocation of the electricity generated by the System.
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Estimated Year One Output. For the twelve (12) month period beginning on the Service Commencement Date, System Owner estimates that the Output of the System that will be allocated to the Customer Meters will be 230,000 kWh. The System Owner estimates that the total electricity that will be generated by the System during such period will be 278,186 kWh (the “Estimated Year One Output”). The Customer shall pay the System Owner a fee for the Net Metering Credits (the “Service Price”) equal to Ten Percent (10%) of the Net Metering Credit Value attributable to Output from the System that is allocated to the Customer Meters. System Owner shall instruct the Utility to allocate credits for the kilowatt hours of electricity generated by the System each month to the Meters set forth below in the following order of priority until the monthly electricity usage, charges and fees for each Meter are fully offset and satisfied: 0 XXXXX XX XXXXXX XXXX 00000000 XXX XXX
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Examples of Estimated Year One Output in a sentence

  • System Owner shall promptly notify Customer of any such changes and provide Customer with an updated calculation of the Estimated Year One Output prepared in accordance with Section 6(a).

  • Service Provider’s estimate of the Estimated Year One Output was prepared by or on behalf of the Service Provider using the National Renewable Energy Laboratory’s PVWatts program or otherwise using practices and methods generally accepted within the solar panel industry with respect to solar systems similar to the Facility.

  • Science is dependent upon technology to develop, test, experiment, verify, and apply many of its natural laws, theories, and principles.


More Definitions of Estimated Year One Output

Estimated Year One Output means the Service Provider’s estimate set forth in Exhibit A to this Agreement for the future Output of the Facility for the twelve (12) month period beginning on the Commissioning Date(s).
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Estimated Year One Output. For the twelve (12) month period beginning on the Service Commencement Date, System Owner estimates that the Output of the System that will be allocated to the Customer Meters will be 37,599 kWh. The System Owner estimates that the total electricity that will be generated by the System during such period will be 37,599 kWh (the “Estimated Year One Output”). The Customer shall pay the System Owner a fee for the Net Metering Credits (the “Service Price”) equal to eighty-eight percent (88%) of the Net Metering Credit Value attributable to Output from the System that is allocated to the Customer Meters. System Owner shall instruct the Utility to allocate credits for the kilowatt hours of electricity generated by the System each month to the Meters set forth below in the following order of priority until the monthly electricity usage, charges and fees for each Meter are fully offset and satisfied: 1 Charlotte Town Library 74944000004 100 (for now) 2 Charlotte Town GMP Meter xxx xxx
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Related to Estimated Year One Output

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Year 2 means the year after year 1; year 3 means the year after year 2, year 4 means the year after year 3, and so on; and

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eleven million dollars ($11,000,000.00).

  • Year 1 means the year next following the export date and “year” followed immediately by any other numeral has a corresponding meaning; reference in this Agreement to an Act shall include the amendments to such Act for the time being in force and also any Act passed in substitution therefor or in lieu thereof and the regulations for the time being in force thereunder; power given under any clause of this Agreement other than clause 17 hereof to extend any period or date shall be without prejudice to the power of the Minister under the said clause 17; marginal notes shall not affect the interpretation or construction hereof; the phases in which it is contemplated that this Agreement will operate are as follows —

  • the specified year means the school year beginning at or about the beginning of September 2023;

  • Operating Revenue Cash Flows means the Company’s cash flow from ownership and/or operation of (i) Properties, (ii) Loans, (iii) Permitted Investments, (iv) short-term investments, and (v) interests in Properties, Loans and Permitted Investments owned by any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner.

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Shared-Loss Quarter has the meaning provided in Section 2.1(a)(i) of this Commercial Shared-Loss Agreement.

  • 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.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Stub Period has the meaning set forth in Section 11.03.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Year 3 means the school year in which the majority of pupils attain the age of eight;

  • Shared-Loss Amount has the meaning provided in Section 2.1(b)(i) of this Commercial Shared-Loss Agreement.

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).