P99 Production definition

P99 Production means the production volume based on the P99 one (1) year confidence levels for the applicable Project determined by the Independent Engineer pursuant to the report delivered for such Project under Section 3.2(q).
P99 Production means the production volume based on the P99 one (1) year confidence levels for the applicable Eligible Projects reflected in the Base Case Model (as updated as of the applicable date of determination).

Examples of P99 Production in a sentence

  • Delivery to Administrative Agent of the Wind Consultant’s certificate, in substantially the form of Exhibit G-4, with the Wind Consultant’s report attached thereto (the “Wind Consultant Closing Report”), which includes the wind and energy production forecasts for the life of the Projects and analysis attached thereto, and which shall also include a P50 Production Scenario and a P99 Production Scenario with respect to each Project.