P99 Production Level definition

P99 Production Level means the aggregate annual energy production level of the Projects that has a probability of excedence of 99% over a one-year period of time, according to Independent Engineer’s wind production forecasts delivered to Administrative Agent.
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P99 Production Level means the one-year P99 energy production level estimate included in the Base Case Lender Financial Model in respect of the Projects.
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Related to P99 Production Level

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Proved Developed Producing Reserves means Proved Reserves which are categorized as both “Developed” and “Producing” in the Definitions, “Proved Developed Nonproducing Reserves” means Proved Reserves which are categorized as both “Developed” and “Nonproducing” in the Definitions, and “Proved Undeveloped Reserves” means Proved Reserves which are categorized as “Undeveloped” in the Definitions.

  • COGS means the cost of goods sold as determined in accordance with U.S.GAAP;