Examples of Installed Capacity Estimate in a sentence
Therefore, the Required Installed Capacity should be the lower of (a) 85% of the Installed Capacity Estimate or (b) the Installed Capacity Estimate less the size (expressed in MW) of three of the Facility's turbines.
If the Initial Installed Capacity Estimate and/or Installed Capacity Estimate is adjusted in accordance with the procedures outlined above, it will not result in any adjustment to the Strike Price, but the No. Subject Terms LCHA Production Cap will be reduced (pro-rated) proportionate to the reduced Installed Capacity Estimate.
A Producer may notify the LCHA Counterparty, no later than three (3) months prior to the Longstop Date, that a Relevant Construction Event has occurred, including supporting information to evidence the new Installed Capacity Estimate and details of any change in assets comprising the Facility.
Estimate (or subsequently the Installed Capacity Estimate) in the following circumstances: (a) Permitted Reduction: A Producer may, at its discretion, reduce its Initial Installed Capacity Estimate by up to [ten per cent.
Once the Final Installed Capacity is determined in accordance with the above, the LCHA Production Cap (adjusted at the commissioning stage) will be reduced (pro-rated) proportionate to the Final Installed Capacity (or deemed Final Installed Capacity) as against the Installed Capacity Estimate.
If the Installed Capacity Estimate is adjusted in this manner, the new figure will be fixed and the Producer may not subsequently seek to increase it.
If the LCHA Counterparty agrees with the Producer, both in terms of the Relevant Construction Event’s occurrence and the new Installed Capacity Estimate, the new Installed Capacity Estimate will become effective from the date of the LCHA Counterparty's response.