Phase 2 Apportionment Percentage definition

Phase 2 Apportionment Percentage has the meaning given to that term in the CfD (Phase 2) Agreement;
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Phase 2 Apportionment Percentage means, in respect of each Settlement Unit within a Billing Period, provided that the sum of the Phase 1 Apportionment Percentage[,]/[and] the Phase 2 Apportionment Percentage [and the Phase 3 Apportionment Percentage] shall not exceed one hundred (100) per cent. at any time: Phase 2 Apportionment Percentage = ∑ TICP1AT ∑ TICPPAT × 100 where: ∑TICP1AT is the sum of the Turbine Installed Capacity of each of the Phase 2 Active Turbines; and ∑TICPPAT is the sum of the Turbine Installed Capacity of each of the Phased Project Active Turbines;
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Related to Phase 2 Apportionment Percentage

  • Final Payment Percentage is five percent (5.00%).

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Constant Percentage 1 means 100%;

  • Constant Percentage 2 means 100%;

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):