Examples of Facility Capacity in a sentence
Seller intends to develop, construct, own, operate and maintain a natural gas fueled, combined cycle electric generation facility [consisting of [ ● ] combustion turbines -- insert further description] for the generation of electric energy located in [township/range], [ ] County, [State], whose initial Facility Capacity shall be [525] MW (as more fully described in Exhibit A, the “Facility”).
As soon as practicable, if the Forced Outage resulted in more than five percent (5%) of the Facility Capacity being unavailable, the oral report shall be confirmed in writing.
Pursuant to the Interconnection Agreement, Seller shall be responsible for the costs and expenses associated with interconnection of the Facility at its Facility Capacity at the Electricity Delivery Point, including the costs of any System upgrades beyond the Electricity Delivery Point necessary to interconnect the Facility with System and to allow the delivery of energy to the Electricity Delivery Point.
The foregoing estimates by Buyer shall not be construed to permit Seller to limit the availability of the Facility such that Buyer is restricted from Dispatching Contract Capacity unless the Facility Capacity is physically unavailable due to Force Majeure, Planned Outage or Unplanned Outage, as the case may be.
Without limiting the foregoing, Seller will inform Buyer of any major limitations, restrictions, deratings or outages known to Seller affecting the Facility for the following day and will promptly update Seller’s notice to the extent of any material changes in this information, with “major” defined as affecting more than five percent (5%) of the Facility Capacity.