Examples of Minimum Energy Quantity in a sentence
Annual Supply Guarantee: ASG = MEQ x [(AH - EH) / AH] Where: ASG = Annual Supply Guarantee MEQ = Minimum Energy Quantity Where: MEQ = 0.1 x GNC x AH GNC = Gross Nameplate Capacity (in kW Direct Current or DC) AH = total number of Hours in each Delivery Period EH = total number of Excused Hours, as defined under Section 10.2 of the Agreement to which this Exhibit B is attached.
The form of the DSS Contract consists of a DSS Contract Cover Sheet, definitions, standard terms and conditions, and exhibits including pricing, a Supply Guarantee dependent upon a predefined Minimum Energy Quantity, liquidated damages, credit annex, and legally required clauses to comply with all applicable Laws and Regulations.
Notwithstanding anything to the contrary in this Section 8.3, if the Force Majeure or Forced Outage event has been cured, mitigated, or has otherwise been overcome prior to Seller’s receipt of any termination notice by TVA pursuant to this Section 8.3, and Seller is capable of generating, in a consistent manner, the Minimum Energy Quantity, then TVA’s right to terminate under this Section 8.3 shall no longer be applicable.
Notwithstanding anything to the contrary in this Section 6.3, if the Force Majeure or Forced Outage event has been cured, mitigated, or has otherwise been overcome prior to Seller’s receipt of any termination notice by TVA pursuant to this Section 6.3, and Seller is capable of generating, in a consistent manner, the Minimum Energy Quantity, then TVA’s right to terminate under this Section 6.3 shall no longer be applicable.
Completion of a solar resource survey indicating adequate solar resource for the production of the Minimum Energy Quantity.