Outage Allowance definition

Outage Allowance has the meaning specified in Section 6.9.
Outage Allowance refers to the allowable outage per plant type as determined by the ERC.

Examples of Outage Allowance in a sentence

  • Purchaser is not obligated to accept or pay for Output from the System for Outages up to the annual Outage Allowance.

  • The Output Guarantee in any Billing Year shall be reduced by the amount (in kWh), as reasonably estimated by the Parties, of Electricity that Seller was unable to produce and sell to Purchaser as a result of (i) a Force Majeure Event, (ii) a curtailment by Purchaser in excess of the Outage Allowance, or (iii) other actions of Purchaser.