Notional Capacity definition

Notional Capacity. The total assigned capacity, which includes any Underwritten Capacity between System Interface locations as indicated in Schedules 5.11 and 5.12, which is intended to satisfy requirements of the Parties through at least the year 2005;
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Notional Capacity means the total assigned Capacity in the CANTAT-3 System which is equivalent to 2,016 half-MIUs;
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Notional Capacity means designated, designed, intended or nameplate capacity and does not mean actual performance achieved or throughput realised in the financial year.
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Examples of Notional Capacity in a sentence

  • In the event that the total number of MIUs on Segment F is reduced below the Notional Capacity, as a result of physical deterioration, or for any other reason, during the term of this Agreement, TC-3 shall give the Grantee written notice of said decrease and the MIUs in which the Grantee has been granted an IRU hereunder shall be reduced in the same proportion as the total number of MIUs assigned to TC-3 in Segment F is reduced, except that such reductions shall not extend to fractions of half-MIUs.

  • However, in the event that the Notional Capacity of the Cable System is reduced as a result of physical deterioration or for other reasons beyond the control of the Parties on those Subsegments on which the Intra-Europe Capacity is made available, then the Intra-Europe Capacity shall be reduced in the same proportion that the Notional Capacity of those Subsegments.

  • The annual contribution rate for RITC syndicates is 3.5% of Notional Capacity (Net Reserves x 3%, rounded up to the nearest£0.5m).

  • The terms and conditions, including pricing arrangements, for increasing the Notional Capacity shall be determined by the Management Committee.

  • However, a Party may make its interests in such MIUs as it may acquire by expansion of the Notional Capacity, available to Carrier Users on such basis, other than by transfer of ownership interests in the Cable System, as such a Party and the Carrier User may agree.

  • In the event of an increase in the Notional Capacity, financial adjustments will be made between and among the Parties as necessary to adjust their contributions to the costs of the Cable System based on an expanded Notional Capacity and Schedules B, C and D shall be appropriately modified.

  • The whole or a part of the Common Reserved Capacity shall be additionally allocated to the Parties in the proportions set forth in Schedule E, so as to constitute the expanded Notional Capacity (herein referred to as the “Notional Capacity Expansion”), pursuant to the terms and conditions provided in this Paragraph 14.

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  • The Management Committee may increase the Notional Capacity of the Cable System at the request of any Party or for the admission of additional Parties pursuant to Paragraph 24.

  • The re-issued Schedules Cl and C2 shall reflect ACCOUNTING UNITS based on counts of circuits normally in use on 1 January and 1 July of each year for analogue DESIGNATED CABLES, revised Fill Factors for optical fibre DESIGNATED CABLES, as well as for the introduction to service, the activation of spare capacity, withdrawal from service and the reduction in Notional Capacity of DESIGNATED CABLES in accordance with the procedures below.


More Definitions of Notional Capacity

Notional Capacity means, for a Scheduled Cable, the quantity of Bearer Capacity which is identified as such in Schedule B1 and/or B2 and which is either:
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Notional Capacity of each Route R1 through R6, expressed in DS-0s. Notional Capacity means the average of the total capacity of the relevant Route which has been assigned for use at the beginning of the relevant Budget Year and the total capacity of the relevant Route which is expected to be assigned for use by the end of the relevant Budget Year.
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Related to Notional Capacity

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Official capacity means (i) when used with respect to a Director, the office of Director of the Company, and (ii) when used with respect to a person other than a Director, the elective or appointive office of the Company held by such person or the employment or agency relationship undertaken by such person on behalf of the Company, but in each case does not include service for any other foreign or domestic corporation or any partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).

  • Daily Unforced Capacity Obligation means the capacity obligation of a Load Serving Entity during the Delivery Year, determined in accordance with Reliability Assurance Agreement, Schedule 8, or, as to an FRR entity, in Reliability Assurance Agreement, Schedule 8.1. “Day-ahead Congestion Price” shall mean the Congestion Price resulting from the Day-ahead Energy Market.

  • indemnified capacity means any and all past, present and future service by an indemnified representative in one or more capacities as a director, officer, employee or agent of the corporation, or, at the request of the corporation, as a director, officer, employee, agent, fiduciary or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other entity or enterprise;