Examples of Replacement Capacity in a sentence

Buyer will, in its sole and absolute discretion, have the right to accept or reject Seller’s offer to obtain Replacement Capacity, on a case-by-case basis.
To the extent Buyer accepts Seller’s offer to obtain Replacement Capacity pursuant to this Section [3.4(a)], such Replacement Capacity shall, for all purposes of this Transaction, constitute Contract Quantity of Capacity that is actually available.

More Definitions of Replacement Capacity

Replacement Capacity means, at any time, Accredited Capacity supplied to Buyer by Seller from any DNR (other than the Facilities) or from any other generation resource satisfying the requirements of a Local Capacity Resource associated with Buyer’s Network Load (other than the Facilities) to fulfill, in whole or in part, Seller’s obligation to supply Accredited Capacity under this Agreement. Replacement Capacity, when combined with Accredited Capacity from the Facilities, shall not exceed the Buyer’s Capacity Amount. In addition, Replacement Capacity shall (a) not be committed for sale to any third party, and (b) be accredited at all times to serve Buyer’s Capacity requirements.

Replacement Capacity means any Capacity and associated Energy from a generation resource other than the Facilities provided or delivered pursuant to Section [3.4].

Replacement Capacity means installed capacity from resources other than the Purchased Assets which resources are identified to the NYPP or ISO, as the case may be, as sources of installed capacity in Con Edison's periodic reports required under applicable procedures, provided that such installed capacity (i) is from resources that are located in New York City or directly interconnected to Con Edison's electric system in New York City, and (ii) would satisfy the installed capacity requirements applicable to Con Edison, including any applicable delivery requirements, established by the NYPP or ISO, as the case may be.

Replacement Capacity means, at any time, Accredited Capacity supplied to Buyer by Seller from any DNR other than the Facility to fulfill, in whole or in part, Seller's obligation to supply Accredited Capacity under this Agreement. Replacement Capacity shall not exceed the Buyer's Capacity Amount. In addition, Replacement Capacity shall (a) not be committed for sale to any third party, and (b) be available at all times to serve Buyer's Capacity requirements.

Replacement Capacity means capacity which has equivalent RA and Local RA as the portion of the Product not provided by the Units committed to Buyer as of the Confirmation Effective Date.

Replacement Capacity means capacity which has equivalent RA, Local RA and Capacity Attributes as the portion of the Product not provided by the Units committed to Buyer as of the Confirmation Effective Date.

Replacement Capacity means Installed Capacity under this Agreement from a source different from the source identified by Generator and subsequently identified to the NYPP or ISO in NYSEG's periodic reports required under applicable procedures to the extent such Installed Capacity satisfies NYPP or ISO Installed Capacity requirements applicable to NYSEG.