Minimum CUF definition

Minimum CUF means 15% CUF to be maintained by the Generator for each and every Operational Year. This limit may be relaxed to the extent as permitted by demand and supply side variations as defined in the PPA
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Minimum CUF means the minimum capacity utilisation factor as specified in GC §-28.5.3 of this tender document;
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Minimum CUF means the minimum capacity utilisation factor as specified in clause 4.11.3of this RfP;
Sample 1

Examples of Minimum CUF in a sentence

  • The Generation Compensation in any Contract Year shall be passed on to the WPD by adjustments for energy determination of Minimum CUF in the same contract year.

  • However, in case the Generation Compensation cannot be fully availed by the WPD due to Minimum CUF having already met in the relevant contract year, such remaining Generation Compensation shall be accommodated for determination of Maximum CUF in the succeeding Contract Year.

  • If for any Contract Year, it is found that the Solar Power Developer has not been able to generate minimum energy of …...Million kWh (MU) at a CUF of ……….% [Insert value of energy generated corresponding to a Minimum CUF], on account of reasons solely attributable to the Solar Power Developer, the noncompliance by Solar Power Developer shall make Solar Power Developer liable to pay the compensation provided in the Agreement as payable to APDCL.

  • Minimum CUF of 15% should be maintained for a period of 5years for release of performance related security deposit.

  • The Minimum CUF which the solar power developer will have to provide during first year of operations shall not be the less than 15% of Installed capacity.

  • The Performance Guarantee will come into effect if for any contract year, it is found that the SPD has not been able to generate minimum energy as outlined in the Minimum CUF, on account of reasons solely attributed to the SPD, such shortfall in performance shall make SPD liable to pay a compensation equivalent to the higher of the following: • shortfall in generation vis a vis Minimum CUF multiplied by Tariff agreed in this agreement.

  • The Minimum CUF which the solar power provider will have to provide during first year of operations will not be the lower than 15% or the Normative CUF provided by the State Tariff Order.

  • The Performance Guarantee will come into effect if for any contract year, it is found that the SPD has not been able to generate minimum energy as outlined in the Minimum CUF, on account of reasons solely attributed to the SPD, such shortfall in performance shall make SPD liable to pay a compensation equivalent to the higher of the following: • shortfall in generation vis a vis Minimum CUF multiplied by Xxxxxx agreed in this agreement.

  • Minimum CUF of 15% should be maintained for a period of 5 years for release of performance related security deposit.

  • The HPD shall maintain generation so as to achieve annual CUF not less than 90% of the declared value (i.e Minimum CUF) and not more than 120% of the declared CUF value (i.e. Maximum CUF), during the PPA duration of 25 years.

Related to Minimum CUF

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Minimum Condition has the meaning set forth in Annex I.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Collateral Amount means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks in their sole discretion.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Minimum Liquidity has the meaning given in Clause 11.19;

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 5.0%.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and