Examples of Maximum Contract Capacity in a sentence
All Electrical Interconnection Facilities [and Fuel Handling Facilities], including metering and submetering facilities and Transmission Upgrades must be of sufficient capacity as of the Initial Delivery Date to permit the Units to operate at all times during each month at the Maximum Contract Capacity (in addition to such capacity as required for units located at the Facility that are not committed to Buyer).
In each case, Seller shall arrange, provide, and pay for Fuel sufficient for operation at up to the Maximum Contract Capacity and with flexibility commensurate with Buyer’s authority to alter Buyer’s Schedule as permitted pursuant to this Agreement.] III.5 Electric Transmission and Delivery .
Seller has agreed that concurrently with the execution of this Agreement, Seller shall provide Buyer with Collateral equal to $15,000 per MW of the Maximum Contract Capacity (“Application Security”) and within 10 Business Days of receipt thereof, Buyer shall return the Initial Offer Deposit.
The “Pre-COD Settlement Amount” shall be $20,000 per MW multiplied by the Maximum Contract Capacity if the Event of Default occurs prior to the end of the third full month following the Effective Date, and shall thereafter increase by $4,000 per MW (multiplied by the Maximum Contract Capacity) each calendar month, but shall not exceed 100% of the Delivery Date Security.
Seller submitted a proposal to Buyer for the sale of Capacity and the associated Energy and Other Products together with a deposit equal to $5,000 per MW of the Maximum Contract Capacity for a total of $________ (“Initial Offer Deposit”).
Further, notwithstanding any other provision of this Section 10.7, at any time on or after the date on which the Buyer files its Approval Application seeking CPUC Approval of this Agreement, either Party shall be permitted to disclose the following, which shall not be considered to be Confidential Information: Party names, resource/fuel/technology type, Contract Term, Delivery Term, Site, Maximum Contract Capacity, Expected Initial Delivery Date, and Electrical Delivery Point.
Pursuant to this Section 8.4(a)(i) Seller shall post Project Development Security in the amount of _________ dollars ($__.00) [insert dollar amount equal to $15.00/kW multiplied by the Maximum Contract Capacity] within ten (10) Business Days following the Execution Date.
The “Pre-COD Settlement Amount” shall be $20,000 per MW multiplied by the Maximum Contract Capacity if the Event of Default occurs prior to the end of the third full month following the Effective Date, and shall thereafter increase by $4,000 per MW (multiplied by the Maximum Contract Capacity) each calendar month.
The Delivery Term Security shall be no less than zero and no more than ____dollars ($__.00) [Insert appropriate amount depending on type of facility: two hundred and fifty thousand dollars ($250,000.00) per MW for combined cycle facilities or one hundred and twenty-five thousand dollars ($125,000.00) per MW if the Unit is a peaker] for the Maximum Contract Capacity for all the Units.
Seller shall post additional Project Development Security in the amount of _________ dollars ($__.00) [insert dollar amount equal to $85.00/kW multiplied by the Maximum Contract Capacity] (for a total posted amount of one hundred dollars ($100.00) per kW multiplied by the Maximum Contract Capacity) within ten (10) Business Days following CPUC Approval.