PV Capacity Damages definition

PV Capacity Damages has the meaning set forth in Section 5 of Exhibit B.
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PV Capacity Damages has the meaning set forth in Section 3.11(a).
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PV Capacity Damages to Buyer in an amount equal to two hundred fifty thousand dollars ($250,000) for each MW that the Original Contract Capacity exceeds the Installed Capacity, and
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Examples of PV Capacity Damages in a sentence

  • Seller’s payment of PV Capacity Damages and/or Storage Capacity Damages shall be Buyer’s sole remedy for Seller’s failure, after Commercial Operation, to achieve of the Guaranteed PV and/or Guaranteed Storage Capacity.

Related to PV Capacity Damages

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Daily Delay Damages means with respect to a Guaranteed Project Milestone, an amount equal to (a) the Project Development Security Amount posted as of the first date that Daily Delay Damages are payable under this Agreement with respect to such Guaranteed Project Milestone, divided by (b) 120.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Property damage means physical injury to, destruction of, or loss of use of tangible property.

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.