Maximum Operating Capacity definition
Maximum Operating Capacity means, with respect to any of the -------------------------- Owner Lessor Owned Facilities or the SEMA Owned Facilities, as the case may be, the maximum net amount of electricity that can be generated by such Owner Lessor Owned Facilities or SEMA Owned Facilities in commercial operation for sustained periods. Unless otherwise specified, references to "Maximum Operating Capacity" shall refer to Maximum Operating Capacity of the Facility.
Maximum Operating Capacity shall refer to Maximum Operating Capacity of the Facility.
Maximum Operating Capacity shall refer to Maximum Operating Capacity of the Facility. "Operator" shall mean the "Operator" under and as defined in the -------- Ownership & Operation Agreement, or any successor operator appointed in accordance with Article 5 of the Ownership & Operation Agreement. "Owner Lessor Owned Facilities" shall mean the Facility, and all other ----------------------------- electric generating or related facilities located on the Owner Lessor Owned Facilities Site and sold to the Owner Lessors in connection therewith, including but not limited to the Owner Lessor Shared Facilities. "Owner Lessor Owned Facilities Site" shall mean the land on which the ---------------------------------- Owner Lessor Owned Facilities are located and leased to the Owner Lessors pursuant to the Facility Leases, as more fully described on Exhibit D hereto. "Owner Lessor Shared Facilities" shall have the meaning set forth in ------------------------------ the Recitals hereto. "Ownership & Operation Agreement" shall mean the ▇▇▇▇▇▇▇▇▇ Base-Load ------------------------------- Units 1, 2 and 3 Coal-Fired Electric Generating Units Ownership & Operation Agreement by and among the Owner Lessors and SEMA, dated as of December 18, 2000. "Parts" shall mean all appliances, parts, instruments, appurtenances, ----- accessories, furnishings and other equipment of whatever nature which may from time to time be incorporated or installed in or attached to the Shared Facilities. "Permitted Transferee" shall mean any Person that (1) at the time of -------------------- the relevant transfer referred to in Section 5.5, is not the subject of any bankruptcy, insolvency or similar proceeding, and (2) unless waived by the other Party at the time of such transfer, has (or its beneficial owner or the guarantor of either of the foregoing has) a net worth of at least Seventy-Five Million and 00/100 Dollars ($75,000,000). "Power Station Site" shall mean the SEMA Owned Facilities Site and the ------------------ Owner Lessor Owned Facilities Site, as more fully described on Exhibit C hereto. "SEMA Owned Facilities" shall mean the electric generation facilities --------------------- and related assets owned by SEMA or any of its Affiliates and not sold to the Owner Lessors that are 3 <PAGE> located on the SEMA Owned Facilities Site, including but not limited to the SEMA Shared Facilities. "SEMA Owned Facilities Site" shall mean all the land comprising the -------------------------- Power Station Site, excluding the...
More Definitions of Maximum Operating Capacity
Maximum Operating Capacity means the Average Daily Flow for which the Works are approved to handle until the outfall/diffuser limitations are resolved;