Guaranteed Generation definition

Guaranteed Generation shall have the meaning provided in the Power Purchase Agreement.

Guaranteed Generation means, with respect to each Contract Year, eighty percent (80%) of the Annual Contract Quantity for such Contract Year, which amount shall be reduced by the aggregate amount of Deemed Generated Energy during all Seller Excused Hours during such Contract Year.

Guaranteed Generation has the meaning set forth in Appendix J.

Examples of Guaranteed Generation in a sentence

• The bidder shall design their plant to achieve the Net Minimum Guaranteed Generation.

• The bidder shall submit a declaration for the Net Minimum Guaranteed Generation with their bid as per Annexure - V.

• Facility Energy sold by Seller to third parties as provided for above shall be considered Delivered Energy delivered to Buyer for the purposes of the Guaranteed Generation.

• The “Assumed Daily Deliveries” is an amount equal to the Guaranteed Generation for the then current Contract Year multiplied by 1.0556, divided by 365.

• Seller shall provide notice to Buyer and remove such Facility from the Project and upon delivery of such notice the Project Net Capacity will be reduced by the amount of the Facility Net Capacity associated with such Facility and the Guaranteed Generation reduced in accordance with the reduced Project Net Capacity.

More Definitions of Guaranteed Generation

Guaranteed Generation means the amount of Facility Energy guaranteed to be generated by Seller during each Output Period during the Delivery Term and delivered to Buyer at the Point of Delivery pursuant to the terms of this Agreement, all as set forth in Appendix G (which includes an adjustment for annual degradation). For clarity, the Guaranteed Generation for each Output Period equals 70% of the sum of the Expected Annual Generation amounts of each Contract Year in such Output Period.

Guaranteed Generation means, for each Contract Year, eighty percent (80%) of the Annual Contract Quantity to be delivered from the Facility for such Contract Year.

Guaranteed Generation means, for each Contract Year, the result of the following equation: Guaranteed Generation (in MWh) = Where:

Guaranteed Generation means, (a) with respect to each full Contract Year, an amount equal to eighty percent (80%) of the Annual Contract Quantity for such Contract Year, and (b) with respect to (1) the first partial Contract Year, an amount determined by multiplying the Annual Contract Quantity for such partial Contract Year times the sum of the percentages in Table 2 of Appendix C for the month in which the Commercial Operation Date occurs (prorated based on the Commercial Operation Date) and the remaining months in that Contract Year times either sixty percent (60)% if the Commercial Operation Date occurs on or after October 1 or eighty percent (80%) if the Commercial Operation Date occurs prior to October 1; and (2) the last partial Contract Year, an amount determined by multiplying the Annual Contract Quantity for such partial Contract Year times the sum of the percentages in Table 2 of Appendix C for the months in such Contract Year times eighty percent (80%), which amounts shall be reduced by the aggregate amount of Deemed Generated Energy during all Seller Excused Hours during such Contract Year.

Guaranteed Generation means, for each Contract Year, the value in MWh set forth beside such Contract Year in the table attached hereto as Appendix J.

Guaranteed Generation means, (a) with respect to each Contract Year, excluding the first and final Contract Years, an amount equal to seventy percent (70%) of the Annual Contract Quantity for such Contract Year, and (b) with respect to the first Contract Year and the last Contract Year, seventy percent (70%) of the aggregate of the Annual Contract Quantities for such partial Contract Years.

Guaranteed Generation means (i) for each Pre-Contract Year Period, eighty-five percent (85%) of the Pre-Contract Year Contract Quantity for such Pre-Contract Year Period, and (ii) for each Contract Year, eighty-five percent (85%) of the Annual Contract Quantity for such Contract Year.