Hourly Shaping Factor definition
Hourly Shaping Factor means the Hourly Shaping Factors utilized by Seller for transactions at Palo Verde, as set forth in Tables 1 through 3 of Exhibit A for each hour. By notice given to Seller at least sixty (60) days before the beginning of another Year, Seller may adjust the Hourly Shaping Factors set forth in Exhibit A in a commercially reasonable manner, with such adjustment to be in effect during the next Year; provided, the summation of the Hourly Shaping Factors for the on-peak sixteen (16) hour period, divided by sixteen (16), shall equal one (1), and the summation of the Hourly Shaping Factors for the eight (8) hour off-peak time period, divided by eight (8), shall equal one (1), and the summation of the Hourly Shaping Factors for a twenty-four (24) hour period, divided by twenty-four (24), shall equal one (1). Such adjustment shall be subject to Seller’s consent, which Seller shall not unreasonably withhold, condition or delay.
Hourly Shaping Factor means the Hourly Shaping Factors utilized by PacifiCorp for transactions at Palo Verde, as set forth in Tables 1 through 3 of Exhibit E for each hour (the hourly shaping factors are specified in hour-ending format as shown for both MPT and Pacific Prevailing Time (“PPT”)). By notice given to Seller at least sixty (60) days before the beginning of another Contract Year, PacifiCorp may adjust the Hourly Shaping Factors set forth in Exhibit E in a commercially reasonable manner, with such adjustment to be in effect during the next Contract Year; provided, the summation of the Hourly Shaping Factors for the on-peak sixteen (16) hour period, divided by sixteen (16), shall equal one (1), and the summation of the Hourly Shaping Factors for the eight (8) hour off-peak time period, divided by eight (8), shall equal one (1), and the summation of the Hourly Shaping Factors for a twenty-four (24) hour period, divided by twenty-four (24), shall equal one (1). Such adjustment shall be subject to Seller’s consent, which Seller shall not unreasonably withhold, condition or delay.
Hourly Shaping Factor means the Hourly Shaping Factors utilized by PacifiCorp for transactions at the Palo Verde market, as set forth in Exhibit G for each hour. Such factors shall be shown with both hour-ending (“HE”) PPT and MPT format. By notice given to Seller at least sixty (60) days before the beginning of the next Contract Year, PacifiCorp may adjust the Hourly Shaping Factors set forth in Exhibit G in a commercially reasonable manner, with such adjustment to be in effect during the next Contract Year; provided, the summation of the Hourly Shaping Factors for the On-Peak sixteen (16) hour period, divided by sixteen (16), shall equal one (1), and the summation of the Hourly Shaping Factors for the eight
More Definitions of Hourly Shaping Factor
Hourly Shaping Factor means the hourly shaping factors utilized by PacifiCorp in 2003 for transactions at Palo Verde, as set forth in Exhibit C for each hour. By notice given to Seller at least sixty (60) days before the beginning of another Contract Year, PacifiCorp may adjust the hourly shaping factors set forth in Exhibit C in a commercially reasonable manner, with such adjustment to be in effect during the next Contract Year; provided, the summation of the hourly shaping factors for a 24-hour time period shall equal 24.00. Such adjustment shall be subject to Seller’s consent, which Seller shall not unreasonably withhold, condition or delay.
Hourly Shaping Factor means the hourly shaping factors utilized by PacifiCorp for transactions at Palo Verde, as set forth in Exhibit G for each hour. By notice given to Seller at least sixty (60) days before the beginning of another Contract Year, PacifiCorp may adjust the hourly shaping factors set forth in Exhibit G in a commercially reasonable manner, with such adjustment to be in effect during the next Contract Year; provided, the summation of the hourly shaping factors for a the on-peak sixteen (16) hour period, divided by sixteen (16), shall equal at least one (1), and the summation of the hourly shaping factors for the eight (8) hour off-peak time period shall equal at least one (1). Such adjustment shall be subject to Seller's consent, which Seller shall not unreasonably withhold, condition or delay.
Hourly Shaping Factor means the Hourly Shaping Factors utilized by PacifiCorp for transactions at the Palo Verde market, as set forth in Exhibit G for each hour. Such factors shall be shown with both hour-ending (“HE”) PPT and MPT format. By notice given to Seller at least sixty (60) days before the beginning of the next Contract Year, PacifiCorp may adjust the Hourly Shaping Factors set forth in Exhibit G in a commercially reasonable manner, with such adjustment to be in effect during the next Contract Year; provided, the summation of the Hourly Shaping Factors for the On-Peak sixteen (16) hour period, divided by sixteen (16), shall equal one (1), and the summation of the Hourly Shaping Factors for the eight (8) hour Off-Peak time period, divided by eight (8), shall equal one (1), and the summation of the Hourly Shaping Factors for a twenty-four (24) hour period, divided by twenty-four (24), shall equal one (1). Such adjustment shall be subject to Seller’s consent, which Seller shall not unreasonably withhold, condition or delay.