Guaranteed Net Heat Rate definition

Guaranteed Net Heat Rate means the Net Heat Rate that will be guaranteed in the EPC Contract.
Sample 1Sample 2Sample 3
Guaranteed Net Heat Rate means the net heat rate of the Plant when operated at the “Guaranteed Net Capacity”, as further specified in Appendix H.
Sample 1Sample 2
Guaranteed Net Heat Rate has the meaning set forth in Attachment T.
Sample 1Sample 2

Examples of Guaranteed Net Heat Rate in a sentence

  • Seller shall be granted the Cure Period to allow remedial actions to be taken to achieve the Guaranteed Net Capacity and the Guaranteed Incremental Net Capacity or the Guaranteed Net Heat Rate and the Guaranteed Incremental Net Capacity, prior to Seller’s being liable for payment of the liquidated damages as provided in Section 14 of Appendix H.

  • Contractor shall be granted the Cure Period to allow remedial actions to be taken to achieve the Guaranteed Net Capacity and the Guaranteed Incremental Net Capacity or the Guaranteed Net Heat Rate and the Guaranteed Incremental Net Capacity, prior to Contractor’s being liable for payment of the liquidated damages as provided in Section 14 of Appendix H.

  • Suppliers LD rate or equivalent measurement rate shall be equal to Contractor’s rate for Net Output Guaranteed, Net Heat Rate Guaranteed, Reliability Guaranteed, and Substantial Completion Date Guaranteed, additionally supplier shall be obligated to provide an emissions guarantee and noise guarantee sufficient to support Contractor’s EPC obligations.

  • The Guaranteed Net Heat Rate shall be determined during the same Performance Test in which the Guaranteed Base Electrical Output is determined.

  • General Liquidated damages will be calculated for performance which fails to achieve the Performance Guarantees (i.e. less than Guaranteed Net Capacity; less than Guaranteed Incremental Net Capacity, greater than Guaranteed Net Heat Rate, greater than Guaranteed Incremental Heat Rate).

  • HRg= The Guaranteed Net Heat Rate when the Plant is operating on Guarantee Fuel (Note 1), in Btu/kWh, HHV.


More Definitions of Guaranteed Net Heat Rate

Guaranteed Net Heat Rate means a guaranteed net heat rate of Unit 1 of no greater than 6820 Btu/kWh without supplemental firing and 6983 Btu/kWh with supplemental firing, which shall represent the design quantity of Btus as measured at the meters provided by the pipeline, required by Xxxx 0 to produce one KWh of energy, at Unit 1's full load, as measured at the Metering Point, using the higher heat value of the delivered fuel as corrected to Referenced Site Conditions.
Sample 1
Guaranteed Net Heat Rate has the meaning set forth in Section 2.7(a)(2).
Sample 1
Guaranteed Net Heat Rate means a guaranteed net heat rate of the Leased Facility of no greater than 7,869 Btu/kWh within measurement uncertainty, which shall represent the design quantity of Btus as measured at the meters provided by the gas supplier, required by the Leased Facility to produce one kWh of energy, at the Leased Facility load as specified in Case “J” in the schedule attached to Schedule 3.2, as measured at the Metering Point, using the higher heat value of the delivered fuel as corrected to conditions specified in Case “P”.
Sample 1

Related to Guaranteed Net Heat Rate

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.

  • Guaranteed loan means the loan in the original principal amount specified in Clause 4 of the Special Conditions made by the Guarantee Holder to the State-Owned Enterprise under the Loan Agreement and denominated in Guarantee Currency or, where the context may require, the amount thereof from time to time outstanding, the proceeds of which shall be applied to the Investment Project.

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of “Indebtedness” contained in this Section guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement (i) to pay or purchase such Indebtedness or to advance or supply funds for the payment or purchase of such Indebtedness, (ii) to purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss, (iii) to supply funds to, or in any other manner invest in, the debtor (including any agreement to pay for property or services without requiring that such property be received or such services be rendered), (iv) to maintain working capital or equity capital of the debtor, or otherwise to maintain the net worth, solvency or other financial condition of the debtor or (v) otherwise to assure a creditor against loss; provided that the term “guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business or guarantees of operating leases.

  • Guaranteed Liabilities means: (a) the Company’s prompt payment in full, when due or declared due and at all such times, of all Obligations and all other amounts pursuant to the terms of the Revolving Credit Agreement, the Notes, and all other Loan Documents heretofore, now or at any time or times hereafter owing, arising, due or payable from the Company to any one or more of the Revolving Secured Parties, including principal, interest, premiums and fees (including, but not limited to, loan fees and reasonable fees, charges and disbursements of counsel (“Attorney Costs”)); (b) each Loan Party’s prompt, full and faithful performance, observance and discharge of each and every agreement, undertaking, covenant and provision to be performed, observed or discharged by such Loan Party under the Revolving Credit Agreement, the Notes and all other Loan Documents; and (c) the prompt payment in full by each Loan Party, when due or declared due and at all such times, of obligations and liabilities now or hereafter arising under Related Swap Contracts and Secured Cash Management Arrangements; provided, however, that the “Guaranteed Liabilities” shall exclude any Excluded Swap Obligations. The Guarantors’ obligations to the Revolving Secured Parties under this Guaranty Agreement are hereinafter collectively referred to as the “Guarantors’ Obligations” and, with respect to each Guarantor individually, the “Guarantor’s Obligations”. Notwithstanding the foregoing, the liability of each Guarantor individually with respect to its Guarantor’s Obligations shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of any applicable state law. Each Guarantor agrees that it is jointly and severally, directly and primarily liable (subject to the limitation in the immediately preceding sentence) for the Guaranteed Liabilities. The Guarantors’ Obligations are secured by various Security Instruments referred to in the Revolving Credit Agreement, including without limitation, the Security Agreement and the Pledge Agreement.

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 4(b)(ii), either:

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

  • 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.

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff. Deactivation Date:

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period: