Qualifying Curtailment definition

Qualifying Curtailment means, in relation to any Contract Year, a Curtailment in respect of which the following conditions are satisfied:
Sample 1Sample 2Sample 3
Qualifying Curtailment. “Qualifying Partial Curtailment”; and “Revised Annual QCPC Information”; and, if such definitions are so disapplied, any reference to any of the foregoing definitions in any other definition shall be disregarded.
Sample 1Sample 2Sample 3
Qualifying Curtailment means, to the extent not caused by Seller’s negligent, reckless, or willful actions, a period in a given calendar month during which delivery of Net Output is curtailed or interrupted pursuant to Section 4.5, and only applicable to adjustment of the Energy Delivery Schedule as described in Section 4.10.
Sample 1Sample 2Sample 3

Examples of Qualifying Curtailment in a sentence

  • Where Qualifying Curtailments and Qualifying Outages overlap, each distinct period of overlap shall be calculated as a separate Qualifying Curtailment or Qualifying Outage such that no hour within a calendar month may figure into more than one Qualifying Curtailment or Qualifying Outage.

  • In the event of (i) a Qualifying Curtailment, or (ii) a Forced Outage lasting at least 48 hours and for which Seller provides notice to PacifiCorp pursuant to Section 6.5.3 (“Qualifiying Outage”), the Scheduled Monthly Energy Delivery will be adjusted, pro rata, (“Adjusted Scheduled Monthly Energy Delivery”) for that month to determine Conforming Energy and Non-Conforming Energy.

  • Ht = total hours in the month in which curtailment occurs Hc = total hours of Qualifying Curtailment in month in which curtailment occurs.

  • Unless excused by a Qualifying Curtailment described in Section 6.11.3, Seller’s failure to deliver any Net Output for a continuous period of three months shall constitute an event of default.

  • Upon the occurrence of a Qualifying Curtailment the Scheduled Capacity Factor shall be adjusted, pro rata (“Adjusted Scheduled Capacity Factor”), as follows: SMCF(adj) = SMCF* [1- ∑((Hci/Ht) * (Cci/Cmax))] Where: SMCF = Scheduled Capacity Factor SMCF (adj) = Adjusted Scheduled Capacity Factor.


More Definitions of Qualifying Curtailment

Qualifying Curtailment means a Curtailment in respect of which the following conditions are satisfied:
Sample 1Sample 2Sample 3
Qualifying Curtailment. “Qualifying Partial Curtailment”; and “Revised
Sample 1

Related to Qualifying Curtailment

  • Qualifying Customer means:

  • Curtailment Any Principal Prepayment made by a Mortgagor which is not a Principal Prepayment in Full.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying loss means the amount of compensation attributable to a taxpayer’s nonqualified deferred compensation plan, less the receipt of money and property attributable to distributions from the nonqualified deferred compensation plan. Full loss is sustained if no distribution of money and property is made by the nonqualified deferred compensation plan. The taxpayer sustains a qualifying loss only in the taxable year in which the taxpayer receives the final distribution of money and property pursuant to that nonqualified deferred compensation plan.

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • Curtailment Period means a time period for which Seller is requested by CAISO or a Transmission Provider to curtail its Power Product for Force Majeure or otherwise.

  • Excess Cashflow With respect to any Distribution Date, an amount, if any, equal to the sum of (a) the Remaining Excess Spread for such Distribution Date and (b) the Overcollateralization Release Amount for such Distribution Date.

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • Qualifying patient means a person who:

  • Qualifying project means (i) any education facility, including, but not limited to a school building,

  • Qualifying child means an individual who:

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;