Mechanical Availability Percentage definition

Mechanical Availability Percentage or “MAP” shall mean that percentage for any Contract Year for the Facility calculated in accordance with the following formula:
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Mechanical Availability Percentage or “MAP” shall mean that percentage for any Contract Year for the Facility calculated in accordance with the following formula: MAP = 100 X (Operational Hours) /(Base Hours X Number of Units)
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Mechanical Availability Percentage has the meaning set forth in Section 4.01(a). "▇▇▇▇▇’▇" means ▇▇▇▇▇’▇ Investor’s Services, Inc., or its successor.
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Examples of Mechanical Availability Percentage in a sentence

  • For each month the Mechanical Availability Percentage shall be calculated and rounded to the nearest full percentage.

  • Department shall not be entitled to any liquidated damages hereunder to the extent that Seller's failure to achieve a specific Mechanical Availability Percentage was caused by (i) Department or any of its agents, contractors, vendors or employees, (ii) an Uncontrollable Force, or (iii) a Delivery Event.

  • The provisions of this Section 4.01 shall be the exclusive remedies of Department for Seller's failure to meet a specific Mechanical Availability Percentage so long as such failure is not due to intentional conduct of Seller.

  • In the event the Facility has failed to meet a seventy percent (70%) Mechanical Availability Percentage, calculated on an annual average basis, in any two (2) out of three (3) years, Department shall have the right, within thirty (30) Days of such time, in its sole discretion, to terminate this Agreement without further obligation or liability to Seller.

  • Seller guarantees that, as calculated by the thirtieth (30th) Day of each Invoice Month following the Commercial Operation Date, the Facility shall have achieved (a) a Mechanical Availability Percentage of 96% for operations during the months of June, July, August, September, October, December, January and February; and (ii) a Mechanical Availability Percentage of 94% for operations during the months of November, March, April and May.


More Definitions of Mechanical Availability Percentage

Mechanical Availability Percentage means, for a given period and for all Units and Electrical Interconnection Facilities that are a part of the Project during such period or any part thereof (the “Relevant Units”), a percentage calculated in accordance with the following formula: Mechanical Availability Percentage = 100 X Where:
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Mechanical Availability Percentage means a fraction (expressed as a percentage) with respect to any Contract Year the numerator of which is the sum of the number of Operational Intervals during such Contract Year for all Blocks and the denominator of which is the sum of the Calculation Intervals during such Contract Year for each Block that have been Commissioned and which the average irradiance based on all site pyranometers in the plane of array is greater than 50 W/m2.
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Mechanical Availability Percentage means the amount of time the applicable component (Wind Turbines or Solar PV System) of the Wind-Solar Hybrid Facility is able to produce energy divided by the amount of time in each Commercial Operation Year. For purposes of this definition, any hours under which Seller is operating during a period of Force Majeure shall be excluded from the calculation of such availability.
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Mechanical Availability Percentage a percentage calculated for each Measurement Period in accordance with the following formula: Mechanical Availability Percentage = 100 x
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Mechanical Availability Percentage means the On Peak mechanical availability of the Facility, expressed as a percentage, calculated pursuant to Article 6.13. See Exhibit 1 for further explanation.
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Mechanical Availability Percentage has the meaning set forth in Exhibit N.
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Mechanical Availability Percentage or “MAP” shall mean that percentage
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