Reserved Capacity Tolerance definition
Reserved Capacity Tolerance means a tolerance expressed as such (and reasonably required and justified by the Reservation Party in the Demonstration Information) in the Phase 1 PARCA Works Report (if applicable) being a percentage (plus and/or minus) of the Reserved Capacity. Second Demonstration Date means, in the event the Reservation Party has not provided NGG with the Relevant Demonstration Information by the First Demonstration Date the date falling twenty eight (28) Days after the First Demonstration Date or such other date as the Parties may agree.
Reserved Capacity Tolerance means a tolerance range expressed as a percentage (plus and/or minus) or as a whole number (kWh/day), as the case may be, of the Reserved Capacity as set out in the Phase 1 PARCA Works Report and as may be amended by NGG and notified from time to time by NGG to the Reservation Party in accordance with Clause 4.7. Second Demonstration Date means the date falling twenty eight (28) days after the First Demonstration Date or such other date as the Parties may agree in the event the Reservation Party has not provided NGG with the Demonstration Information by the First Demonstration Date. Third Demonstration Date means the date falling twenty eight (28) days after the Second Demonstration Date or such other date as the Parties may agree in the event the Reservation Party has not provided NGG with the Demonstration Information by the Second Demonstration Date.
Reserved Capacity Tolerance means a tolerance expressed as such (and reasonably required and justified by the Reservation Party in the Demonstration Information) in the Phase 1 PARCA Works Report (if applicable) being a percentage (plus and/or minus) of the Reserved Capacity.]
Examples of Reserved Capacity Tolerance in a sentence
NGG will keep the Reservation Party regularly notified of any such changes to the Reserved Capacity Tolerance.
More Definitions of Reserved Capacity Tolerance
Reserved Capacity Tolerance. [means a tolerance expressed as such in the Phase 1 PARCA Works Report being a percentage (plus and/or minus) of the Reserved Capacity]. Relevant Demonstration Information means, in relation to a Stage, the Demonstration Information which NGG requires prior to undertaking such Stage of Phase 2 PARCA Works and identified in the Phase 1 PARCA Works Report. Second Demonstration Date means, the date falling [28] Days after the First Demonstration Date or such later date as the Parties may agree.