Installed System definition
Examples of Installed System in a sentence
Retirements made on the last day of any month shall not be deducted from Installed System Capability for that month.
For purposes of this Section 12, the minimum monthly Installed System Capability of a Participant for a month is the Participant's lowest Installed System Capability for any hour during the month.
Any remainder starting with the lowest Bid Prices shall be deemed to have been furnished, to the extent required, to other Participants under this Agreement to meet their shortages of Installed System Capability for the month.
If no bid is submitted for a month for any surplus Installed System Capability or for any hour for any surplus Operable System Capability, the Bid Price for any such surplus for which there are no bids shall be deemed to be zero.
Each Participant shall have Installed System Capability during each hour of each month at least sufficient to satisfy its Installed Capability Responsibility for the month.