Option Capacity definition

Option Capacity used in this Agreement shall mean the firm capacity commitment made by Customer pursuant to this Agreement, for which
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Option Capacity used in this Agreement shall mean the firm capacity commitment made by Customer pursuant to this Agreement, for which capacity Customer agrees to pay TSMC liquidated damages at a rate [* ] for any such unused capacity pursuant to Section 6(a) below.
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Option Capacity used in this Agreement shall mean the firm capacity commitment made by Customer pursuant to this Agreement, for which Capacity Customer agrees to pay the Option Fee as defined in this Section 1(d) below, and is set forth in Exhibit B.
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Examples of Option Capacity in a sentence

  • Bidders shall furnish a certificate from a practicing and certified Chartered Accountant, certifying the Net-Worth per MW (based on the total Project Capacity (including the Proposed Green Shoe Option Capacity) as on March 31, 2023 and for the last 2 (two) financial years.

  • It is clarified that the revenue land proposed to be provided for the implementation of the Project, including for the Green Shoe Option Capacity will be sub-leased prior to the signing of the Share Sale and Purchase Agreement.

  • Internal resource generation capability, in the form of profit before depreciation interest and taxes (PBDIT) for an amount that shall be calculated at the rate of INR 10 Lakhs/MW (Indian Rupees Ten Lakhs per MW) of the Base Capacity and any Potential Green Shoe Option Capacity, as on the last date of previous financial year, i.e., 2022-2023.

  • The Successful Bidder shall submit the Performance Bank Guarantee (PBG) of INR 5 Lakh (Indian Rupees Five Lakhs) per MW (based on the total Project Capacity (including the Green Shoe Option Capacity)) within 15 (fifteen) days from the date of issue of LOA and before signing of PPA, according to the Format-6.3 B.

  • A minimum annual turnover of INR 25 Lakhs/MW (Indian Rupees Twenty Five Lakhs per MW) of the Base Capacity and any Potential Green Shoe Option Capacity during the previous financial year 2022-2023.

  • The Bidder shall ensure that the Base Capacity and the Potential Green Shoe Option Capacity mentioned shall be as per Clause 1.3.3 and Clause 3.1. Note 2.

  • For Companies, certified copies of annual audited accounts for the last financial year, i.e. FY 2022-23 as applicable shall be required to be submitted along with a certificate from Chartered Accountants, certifying the Net-Worth of the Bidder per MW of Base Capacity and any Potential Green Shoe Option Capacity as on March 31, 2023 for the last 3 (three) financial years.

  • The details of the revenue land have been shared in the Data Room, which will be updated from time to time during the bid process including in case of any further details of revenue land finalised for the Potential Green Shoe Option Capacity, as specified in Clause 1.3.2 above.

  • It is hereby clarified that the tariff and the timelines for Commissioning of the Project, and any other timelines provided in the RfS and the PPA, which are applicable in respect of the Base Capacity, shall apply mutatis mutandis for the Green Shoe Option Capacity.

  • If upon completion of the bid process, MSEDCL (in its sole discretion) is of the opinion that the discovered tariff of the Successful Bidder is favourable, then MSEDCL may exercise the Green Shoe Option to the extent of the Potential Green Shoe Option Capacity at the time of issuing the LOA to the Successful Bidder, and shall mention the additional quantum to be supplied by the Successful Bidder pursuant to the Green Shoe Option (“ Green Shoe Option Capacity”), along with the Base Capacity.


More Definitions of Option Capacity

Option Capacity used in this Agreement shall mean the firm capacity commitment provided to Analog by TSMC pursuant to this Agreement, for which capacity Analog agrees to pay the Option Fee as defined in this Section 1(e) below, and is set forth in Exhibit A.
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Related to Option Capacity

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • 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.

  • 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;

  • 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.

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

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

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

  • 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.

  • 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.

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

  • 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.

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

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

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

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • 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;

  • Additional Capacity means, in relation to the Network, the capability of the Network to carry additional task by an enhancement or improvement of the infrastructure forming part of the Network or Associated Facilities;

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • 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.

  • 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.

  • 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.

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

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • 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;

  • 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;