Guaranteed XXXX XX Efficiency definition

Guaranteed XXXX XX Efficiency means a XXXX XX Efficiency of [●]%.
Sample 1Sample 2Sample 3
Guaranteed XXXX XX Efficiency shall have the meaning set forth in Exhibit G- 2.
Sample 1Sample 2Sample 3

Examples of Guaranteed XXXX XX Efficiency in a sentence

  • If the Measured XXXX XX Efficiency is less than the Guaranteed XXXX XX Efficiency for any annual reporting period (or, if shorter, the initial reporting period), O&M Contractor shall pay Owner, as liquidated damages and not as a penalty, the amount indicated in Exhibit G- 2 (the “XXXX XX Efficiency Liquidated Damages”).

  • If the Measured XXXX XX Efficiency is equal to or greater than the Guaranteed XXXX XX Efficiency for any annual reporting period (or, if shorter, the initial reporting period), then the Guaranteed XXXX XX Efficiency shall be deemed satisfied for such period and O&M Contractor shall have no liability to Owner in relation to the Guaranteed XXXX XX Efficiency.

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Guaranteed XXXX XX Efficiency until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “XXXX XX Efficiency Test Cure Period”).

  • For each Operating Period during the Term, O&M Contractor guarantees that Measured XXXX XX Efficiency (as defined below) for such Operating Period will equal or exceed the Guaranteed XXXX XX Efficiency (as defined in the table below).

  • The transfer and/or vesting as aforesaid shall be subject to the existing charges, hypothecation and mortgages, if any, continuing over or in respect of all the aforesaid assets or any part thereof of the Transferor Company.

  • With respect to each Performance Test, if Seller achieves the Minimum Performance Test Requirements pursuant to such Successfully Run Performance Test but cannot achieve the Guaranteed XXXX XX Efficiency, in the case of a XXXX XX Efficiency Test, the Guaranteed XXXX Storage Capacity, in the case of a XXXX Storage Capacity Test, the Guaranteed PV Plant Capacity, in the case of a PV Plant Capacity Test, Seller shall pay to Purchaser the related liquidated damages as and when required under Article 15.

  • Except as otherwise specified in Section 3.1 of the Agreement, Owner's sole and exclusive remedy for a failure of the XXXX to achieve the Guaranteed XXXX XX Efficiency during any Operating Period shall be the XXXX XX Efficiency Liquidated Damages (as defined below) provided in this Exhibit G-2.

  • Damages The following table describes the Guaranteed XXXX XX Efficiency, XXXX XX Efficiency Liquidated Damages and maximum liability for failing to achieve the Guaranteed XXXX XX Efficiency for each Operating Period during the Term of this Agreement.

  • Not all measures apply to every data centre as they depend on what stage of development that a data centre is at and the system to which it is connecting.

  • Seller agrees that if, based on the Initial XXXX XX Efficiency Test, the result of the Initial XXXX XX Efficiency Test shall have failed to equal or exceed the Guaranteed XXXX XX Efficiency, Seller shall pay an amount equal to the Initial XXXX XX Efficiency Liquidated Damages to Purchaser upon Project Substantial Completion.

Related to Guaranteed XXXX XX Efficiency

  • Thermal efficiency means the useful electric energy output of a

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

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

  • Capture efficiency means the weight per unit time of VOC entering a capture system and delivered to a control device divided by the weight per unit time of total VOC generated by a source of VOC, expressed as a percentage.

  • Irrigation efficiency (IE) means the measurement of the amount of water beneficially used divided by the amount of water applied. Irrigation efficiency is derived from measurements and estimates of irrigation system characteristics and management practices. The irrigation efficiency for purposes of this ordinance are 0.75 for overhead spray devices and 0.81 for drip systems.

  • MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.

  • Energy efficiency means the ratio of output of performance, service, goods or energy, to input of energy;

  • Efficiency means the gas turbine manufacturer's rated heat rate at peak load in terms of heat input per unit of power output based on the lower heating value of the fuel.

  • Energy efficiency portfolio standard means a requirement to

  • Transfer efficiency means the ratio of the amount of coating solids adhering to the object being coated to the total amount of coating solids used in the application process, expressed as a percentage.

  • Guarantee Test(s means the test(s) specified in the Technical Specifications to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Technical Specifications in accordance with the provisions of GCC Sub-Clause 20.2.1 (Guarantee Test) hereof during/after successful Commissioning followed by Trial - Operation.

  • Energy efficiency project means an energy efficiency measure or combination of measures undertaken in accordance with a standard offer or market transformation program.

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Guaranteed analysis means the percentage of plant nutrients or measures of neutralizing capability claimed to be present in a fertilizer.

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).

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

  • Performance and Guarantee Test means all operational checks and tests required to determine and demonstrate capacity, efficiency and operating characteristics as specified in the Contract Documents.

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Energy efficiency program means a program that reduces the total amount of electricity that is

  • 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.

  • 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 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 Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;