Project Output definition
Examples of Project Output in a sentence
Grant which is paid in arrears shall be calculated by reference to the agreed unit rates (as set out in the Project Output Profile in Annex B to this Agreement) and the Qualifying Outputs and Results achieved during the period to which the particular claim relates.
Only Priest Rapids Project Output delivered under this Agreement shall be transmitted on Priest Rapids Project transmission facilities to the Points of Delivery identified herein.
Such payments shall be made whether or not the Project or any portion thereof is acquired, completed, operable, operating, suspended or terminated, and notwithstanding the damage or destruction of the Project, the suspension, interruption, interference, reduction or curtailment of the Project Output, termination of any of the Project Agreements, loss or interruption of transmission from the Point of Delivery or termination of any Transmission Agreement, for any reason whatsoever, in whole or in part.
UAMPS will also use Commercially Reasonable Efforts, consistent with the provisions of the Project Agreements and the other Power Sales Contracts, to arrange for any planned interruption or reduction in the Project Output to be scheduled at a time which will cause the least interference with the operation of the Participant’s Electric System.
Prior to the giving by UAMPS of the notice required by Section 17(a), the Project Management Committee shall determine whether any additional interest expense on or in respect of any Bonds that are subject to federal income taxation shall be allocated to those Participants whose legal status or use of Project Output requires the issuance of such Bonds.
Contact the appropriate Headquarters SHOPP program manager for the SHOPP Project Output form and guidance on how to complete the form.
FERC has ordered that a Reasonable Portion of the Priest Rapids Project Output be offered for sale based on market principles and that Eligible Purchasers are to receive a meaningful priority.
In case of a joint creation of a Project Output by two or more of the Parties, any rights resulting from this work, especially property rights, will be assigned to the Parties in accordance to their factual creative effort and substantive work that have contributed to its creation.
To minimize the volatility of such marketing and in order to achieve stable retail rates, the District desires to market this surplus in a manner that the Purchaser assumes the uncertainty of future Priest Rapids Project Output, costs and market prices.
As there are several schools of approaches (Classical Project Management, Results Based Management, MFDR, etc.), herein we have proposed to adopt the Project Output Based Approach.