Generation Entitlement Share definition

Generation Entitlement Share. “Generation Cost Share”, “General Service Requirements”, “Generation Station”, "Los Angeles", ”Minimum Generating Capability”, “Month”, “Monthly Power Costs”, “Northern Transmission System”, “Operating Agent”, “Point of Delivery”, “Project”, “Project Fuel”, “Project Indebtedness”, “Prudent Utility Practice”, “Purchasers”, “Switchyard”, “Uncontrollable Forces”, “Uniform System of Accounts” and “Willful Action” shall have the respective meanings given thereto in the Renewal Power Sales Contracts.

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Generation Entitlement Share. The percentage entitlement of each Participant to the Net Energy Generation and to the Available Generating Capability. Each Participant's percentage entitlement is as follows: 2.28.1 Arizona = 29.1 percent 3.28.2 Salt River Project = 17.49 percent 3.28.3 Edison = 15.9 percent 3.28.4 PNM = 10.2 percent 3.28.5 El Paso = 15.8 percent 3.28.6 SCPPA = 5.91 percent 3.28.7 LADWP = 5.7 percent"

Generation Entitlement Share has the meaning ascribed to such term in the Renewal Power Sales Contracts.

Examples of Generation Entitlement Share in a sentence

• Purchaser shall be obligated, in proportion to its Generation Entitlement Share, to provide for capacity and energy requirements for starting up and shutting down each Gas Unit in compliance with the procedures approved by the Renewal Contract Coordinating Committee pursuant to Section 6.2.9.

• During the Operational Period of any Project Component, each Purchaser with a Point of Delivery on the Northern Transmission System, each Purchaser with a Point of Delivery on the Southern Transmission System and any Purchaser having designated the Project bus as its Point of Delivery shall have the right to use the Switchyard, if it is also operational, for its Generation Entitlement Share of the Available Generating Capability.

• For avoidance of doubt, in the event that Purchaser shall have elected in accordance with the Fuel Management Practices and Procedures to procure its own fuel for such Month, such variable cost component of Monthly Power Costs shall not apply to Purchaser or the cost of the fuel procured by Purchaser and used in the Generation Station for the generation of Purchaser’s Generation Entitlement Share during such Month as provided under Section 9.11.

• At all times during the Operational Period of the Generation Station, Purchaser shall be entitled to schedule for its account energy (other than test energy) from the Generation Station up to an amount equal to the product of its Generation Entitlement Share multiplied by the Available Generating Capability of the Generation Station.

• When Purchaser requests delivery of capacity and energy, and such delivery requires the start-up of a Gas Unit, Purchaser shall, unless otherwise agreed in writing by IPA, schedule for its account an amount of capacity and energy at least equal to its Generation Entitlement Share multiplied by the Minimum Generating Capability established for such Gas Unit.

• Such a notice by such a California Purchaser with respect to a reduction of its Generation Entitlement Share and Generation Cost Share shall specify the portion thereof (not exceeding twenty (20%) percent thereof) to be reduced.

• As to a particular Original Purchaser, its Generation Entitlement Share (as defined in the Original Power Sales Contracts) and its Generation Cost Share (as defined in the Original Power Sales Contracts) under its Original Power Sales Contract and its transmission entitlement and Transmission Cost Share (as defined in the Original Power Sales Contracts) under its Original Power Sales Contract, all as to which it is entitled to receive a Renewal Offer.

• Such entitlement shall constitute a right to capacity in the Southern Transmission System and shall be determined by dividing (i) such Purchaser’s Generation Entitlement Share specified in Appendix B to be delivered at its Point of Delivery on the Southern Transmission System, by (ii) the aggregate Generation Entitlement Shares of all Purchasers specified in Appendix B to be delivered at a Point of Delivery on the Southern Transmission System.

• Each Purchaser’s Northern Transmission Cost Share shall be equal to the quotient obtained by dividing that portion of such Purchaser’s Generation Entitlement Share that is to be delivered at a Point of Delivery on the Northern Transmission System by the aggregate of those portions of all Purchasers’ Generation Entitlement Shares that are to be delivered at Points of Delivery on the Northern Transmission System.

• A Purchaser's Generation Cost Share shall at all times be the same as its Generation Entitlement Share.

More Definitions of Generation Entitlement Share

Generation Entitlement Share. The percentage ownership interest of each Participant in ANPP Units 1, 2 and 3. Each Participants’ Generation Entitlement share is as follows: 4.23.1 Arizona = 29.10% 4.23.2 Salt River Project = 17.49% 4.23.3 PNM = 10.20% 4.23.4 El Paso = 15.80% 4.23.5 Edison = 15.80% 4.23.6 SCPPA = 5.91 % 4.23.7 LADWP = 5.70 %” 4.4 Section 4.32 shall be deleted in its entirety and rewritten as “(reserved)”. 4.5 Section 4.40 shall be deleted in its entirety and a new Section 4.40 shall be added as follows:

Generation Entitlement Share has the meaning ascribed to such term in the Sale Agreement.

Generation Entitlement Share. The percentage entitlement of each Participant in a particular Generating Unit of the South Texas Project. Each Participant's percentage entitlement shall be equal to such Participant's percentage ownership in the particular Unit at the applicable time as contemplated by this Restated Agreement.