HQ Phase II definition

HQ Phase II. Firm Energy Contract is the Firm Energy Contract dated as of October 14, 1985 between Hydro-Quebec and certain of the Participants, as it may be amended from time to time. The "Base Term" of the HQ Phase II Firm Energy Contract is the period commencing on the date deliveries were first made under the Contract and ending on August 31, 2000.
View Source
HQ Phase II. NET TRANSFER RESPONSIBILITY of a Participant for any month is its HQ Phase II Gross Transfer --------------------------------------- Responsibility for the month minus a number of Kilowatts equal to (1) the highest percentage of its share of the HQ Interconnection Transfer Capability committed or used by it on any day of the month for an "Entitlement Transaction" under the HQ Use Agreement, times (2) its HQ Phase II Gross Transfer Responsibility for the month.
View Source
HQ Phase II. FIRM ENERGY CONTRACT is the Firm Energy Contract dated as of October 14, 1985 between -------------------------------- Hydro-Quebec and certain of the Participants, as it may be amended from time to time. The "Base Term" of the HQ Phase II Firm Energy Contract is the period commencing on the date deliveries were first made under the Contract and ending on August 31, 2000.
View Source

Examples of HQ Phase II in a sentence

  • The "HQ Phase II Transfer Capability" is the difference between the HQ Interconnection Transfer Capability and the HQ Phase I Transfer Capability.

  • The Participants Committee shall establish appropriate HQ Interconnection Capability Credits to apply for a Participant which has such a percentage share (i) during an extension of the HQ Phase II Firm Energy Contract, and (ii) following the expiration of the HQ Phase II Firm Energy Contract.

  • The aggregate amount allocated to the Phase II HQ Savings Fund for each month shall be used, first, to pay to Hydro-Quebec the amount owed to it for the month for Energy deemed to be furnished to the Participant under the Phase II HQ Firm Energy Contract and the HQ Phase II Percentage of the amount owed to it for the month for Energy deemed to be furnished to the Participant under the HQ Interconnection Agreement.

  • Following the Base Term of the HQ Phase II Firm Energy Contract, and again following the expiration of the HQ Phase II Firm Energy Contract, the Participants Committee shall establish an appropriate HQ Phase II Gross Transfer Responsibility that shall remain in effect concurrently with the HQ Interconnection Capability Credit.

  • Responsibility of a Participant for any ------------------------------------------- month during the Base Term of the HQ Phase II Firm Energy Contract (as defined in Section 1.38) is the number in Kilowatts of (a) the Participant's percentage share, if any, of the HQ Phase II Transfer Capability for the month times (b) the HQ Phase II Transfer Credit.

  • The HQ Phase II Firm Energy Contract shall not be deemed a Firm Contract for purposes of this Agreement.

  • HQ Phase II: 2014 1496 MW 2015 1419 MW 2016 1251 MW For HQ Phase II, the value represents the yearly average of the hourly minimum of these 2 points: HQT-NE export TTCs as posted by TransEnergie, and HQ Phase II import TTCs as posted by ISO-NE.

  • The Participants deemed to have received such Energy shall have a corresponding Supply Obligation and shall satisfy this and all other Supply Obligations at this External Node and all other Nodes in accordance with Section 14A.1, 14A.8 and 14A.9. The Participants are responsible for paying to Hydro-Quebec the price for Energy deliveries under the HQ Phase II Firm Energy Contract and under the HQ Energy Banking Agreement.

  • The ----- Management Committee shall establish appropriate HQ Interconnection Capability Credits to apply for a Participant which has such a percentage share (i) during an extension of the HQ Phase II Firm Energy Contract, and (ii) following the expiration of the HQ Phase II Firm Energy Contract.

  • RESPONSIBILITY of a Participant for any month during the Base Term of the HQ ----------------------------------------- Phase II Firm Energy Contract (as defined in Section 1.63) is the number in Kilowatts of (a) the Participant's percentage share, if any, of the HQ Phase II Transfer Capability for the month times (b) the HQ Phase II Transfer Credit.


More Definitions of HQ Phase II

HQ Phase II. PERCENTAGE is the percentage of the total HQ Interconnection Transfer Capability represented by the HQ Phase II Transfer Capability.
View Source