Minimum Power Product definition

Minimum Power Product means (1) when this term is used for the Performance Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Calendar Quarter multiplied by eighty-six percent (86%), and (2) when this term is used for the Performance Guaranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable calendar year multiplied by 95%. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1Sample 2Sample 3
Minimum Power Product means (1) when this term is used for the Quarterly Capacity Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Quarterly Capacity Warranty Period multiplied by [***], (2) when this term is used for the Annual Capacity Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Annual Capacity Warranty Period multiplied [***] and (3) when this term is used for the determination of Commencement of Operations, the aggregate System Capacity of the Bloom Systems in the applicable Facility in kW for a 24 hour period multiplied by [***]. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1Sample 2
Minimum Power Product means (1) when this term is used for the Quarterly Capacity Warranty, the aggregate Baseload Capacity of the Bloom Systems incorporated into the applicable Facility for the applicable Capacity Warranty Period multiplied by [***] and (2) when this term is used for the One-Year Capacity Warranty, the aggregate Baseload Capacity of the Bloom Systems in the Portfolio in kW for the applicable Capacity Warranty Period multiplied by [***] An example of a calculation of the Minimum Power Product is set forth in Appendix A. “MW” means megawatt.
Sample 1

More Definitions of Minimum Power Product

Minimum Power Product means (1) when this term is used for the Quarterly Capacity Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Quarterly Capacity Warranty Period multiplied by 80%, (2) when this term is used for the Annual Capacity Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Annual Capacity Warranty Period multiplied 94.85% and (3) when this term is used for the determination of Commencement of Operations, the aggregate System Capacity of the Bloom Systems in the applicable Facility in kW for a 24 hour period multiplied by 100%. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1
Minimum Power Product means (1) when this term is used for the Existing System Portfolio Output Warranty, the aggregate System Capacity of the Bloom Systems in the Existing System Portfolio in kW for the applicable Calendar Quarter multiplied by [*] %, (2) when this term is used for the New System Portfolio Output Warranty, the aggregate System Capacity of the Bloom Systems in the New System Portfolio in kW for the applicable calendar month multiplied by [*]%, and (3) when this term is used for the Output Guaranty, the aggregate System Capacity of the Bloom Systems in the New System Portfolio in kW for the applicable calendar month multiplied by [*]%. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1
Minimum Power Product means (1) when this term is used for the Output Warranty, the aggregate System Capacity of the Bloom Systems in kW for the applicable calendar month multiplied by [*] and (2) when this term is used for the Output Guaranty, the aggregate System Capacity of the Bloom Systems in kW for the applicable calendar month multiplied by [*]. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1
Minimum Power Product means (1) when this term is used for the Quarterly Capacity Warranty, the aggregate Baseload Capacity of the Bloom Systems incorporated into the applicable Facility for the applicable Capacity Warranty Period multiplied by 80% and (2) when this term is used for the One-Year Capacity Warranty, the aggregate Baseload Capacity of the Bloom Systems in the Portfolio in kW for the applicable Capacity Warranty Period multiplied by 95%. An example of a calculation of the Minimum Power Product is set forth in Annex A.
Sample 1
Minimum Power Product means (a) when this term is used for the Performance Warranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable Calendar Quarter multiplied by [***], and (b) when this term is used for the Performance Guaranty, the aggregate System Capacity of the Bloom Systems in the Portfolio in kW for the applicable calendar year multiplied by [***]. An example of a calculation of the Minimum Power Product is set forth in Annex A. “Monthly Report” is defined in Section 6.1(a). “MW” means megawatt. “Nameplate Capacity” means the maximum electrical output of a generator as rated by the manufacturer determined at the normal operating conditions designated by the manufacturer. “NERC” means the North American Electric Reliability Corporation or any successor. “NYC HHC PPA” is defined in Annex D. “Operations Manager” is defined in Section 4.8(a). “Original PUMA” is defined in the recitals. 13 [***] Confidential Treatment Requested
Sample 1
Minimum Power Product means (1) when this term is used for the Existing System Portfolio Output Warranty, the aggregate System Capacity of the Bloom Systems in the Existing System Portfolio in kW for the applicable Calendar Quarter multiplied by [*] %, (2) when this term is used for the New System Portfolio Output Warranty, the aggregate System Capacity of the Bloom Systems in the New System Portfolio in kW for the applicable calendar month multiplied by [*]%, and (3) when this term is used for the Output Guaranty, the aggregate System Capacity of the Bloom Systems in the New System Portfolio in kW for the applicable calendar month multiplied by [*]%. An example of a calculation of the Minimum Power Product is set forth in Annex A .
Sample 1

Related to Minimum Power Product

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