Guaranteed kWh definition

Guaranteed kWh. True Up Term Years Guaranteed kWh
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Guaranteed kWh of energy set forth as follows:
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Guaranteed kWh. True Up Term Years Guaranteed kWh Years 1-6 13,979,583 Years 7-12 13,565,403 Years 13-18 13,163,494
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Examples of Guaranteed kWh in a sentence

  • Seller guarantees that the System will produce 90% of the Guaranteed kWh in the baseline Contract Year 1 with an annual adjustment of the Annual System Degradation Factor of 1% for all subsequent Contract Years.

  • Commencing on the second anniversary of the Commercial Operation Date, if at the end of each successive thirty-six (36) month anniversary thereof, the cumulative Actual kWh generated by the System is less than the Guaranteed kWh, then the Seller will send Purchaser a refund check equal to the difference between the average cost of electricity per kWh shown on the User’s electric utility bill for the Contract Year for each kWh of such Production Shortfall and the Electricity Price.

  • Commencing on the second anniversary of the Commercial Operation Date, if at the end of each successive thirty-six (36) month anniversary thereof the Actual kWh is greater than the Guaranteed kWh during any thirty-six (36) month period, this surplus will be carried over and will be used to offset any deficits that may occur in the next true up period.


More Definitions of Guaranteed kWh

Guaranteed kWh. True Up Term Years ▇▇▇▇▇ Center- Guaranteed kWh RiverPlex- Guaranteed kWh Noble Center- Guaranteed kWh Lakeview- Guaranteed kWh
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Guaranteed kWh. True Up Term Years City of Decatur - Guaranteed kWh
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Related to Guaranteed kWh

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness below guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement, made primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss,

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.