Reserve Offer definition

Reserve Offer means a price the City considers prior to receiving Offers as the lowest it is willing to accept for the item(s) within the Offer of Surplus Goods. The Reserve is not an indication, warranty, or representation of the value of the Surplus Goods;
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Reserve Offer means an offer of instantaneous reserve made in accordance with the provisions of rule 6 of section II of part G;
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Examples of Reserve Offer in a sentence

  • Any Operating Reserve Offer exceeding the applicable threshold, except offers below $10/MWh, will be deemed excessive.

  • For Generation Resources, the Off-Line Short-Term Reserve Offer shall be a single value expressed for each Hour in $/MW and is only applicable to Off-Line Short-Term Reserve Qualified Resources.

  • The Off-Line Short-Term Reserve Offer shall be expressed for each Hour in $/MW/Hour and shall consist of either a stepped or a piecewise linear Offer curve of up to three (3) segments, and shall be monotonically increasing.

  • An Off-Line Short-Term Reserve Offer only applies if the Demand Response Resource -Type I is an Off-Line Short-Term Reserve Qualified Resource.

  • For DRR - Type II Resources, the Off-Line Short-Term Reserve Offer shall be expressed for each Hour in $/MW/Hour and shall consist of either a stepped or a piecewise linear Offer curve of up to three (3) segments, shall be monotonically increasing and is only applicable to Off-Line Short-Term Reserve Qualified Resources.

  • The Spinning Reserve Offer shall be expressed for each Hour as a value in $/MW/Hour and is only applicable to Spin Qualified Resources.

  • The Off-Line Supplemental Reserve Offer shall be expressed for each Hour in $/MW and shall consist of either a stepped or a piecewise linear Offer curve of up to three (3) segments, shall be monotonically increasing to Discharge and is only applicable to Resources that are Quick-Start Resources and have Commitment Status as Available.

  • For Generation Resources, the Off-Line Supplemental Reserve Offer shall be a single value expressed for each Hour in $/MW and is only applicable to Resources that are uncommitted Quick-Start Resources.

  • A Spinning Reserve Offer only applies if the Demand Response Resource - Type I is a Spin Qualified Resource.

  • For Generation Resources, the Spinning Reserve Offer shall be a single value expressed for each Hour in $/MW and is only applicable to Spin Qualified Resources.

Related to Reserve Offer

  • Responsive Offer or means an offer which conforms in all material respects to the requirements set forth in the request for proposals. Material respects of a request for proposals include, but are not limited to price, quality, quantity or delivery requirements.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.