Restoration Schedule definition

Restoration Schedule. The meaning attributable thereto in Section 15.6(a).

Restoration Schedule. The meaning ascribed thereto in the Energy Purchase Agreement.

Restoration Schedule. The meaning attributable thereto in Section 15.6(a). “Return on Equity Component” – The meaning ascribed thereto in Schedule 1.

Examples of Restoration Schedule in a sentence

• If the Expert concludes that the delay was reasonable under the circumstances and not due to the negligence, fault or unreasonable delay of the Company, the Expert shall fix the revised Restoration Schedule and Restoration Cost Estimate.

• If the revised Restoration Cost Estimate or Restoration Schedule do not exceed the one hundred fifteen percent (115%) threshold or if the GOB does not terminate this Agreement, the GOB shall continue to make payments pursuant to Section 11.5(a) above, including Principal Payments, if any, (subject to repayment by the Company following the occurrence of the Commercial Operations Date pursuant to Section 11.5(a)) to the Company during such revised schedule period.

• After the end of the Restoration Schedule, as it may have been revised, the GOB shall have no further obligation to make payments pursuant to Section 11.5(a) above; and any additional costs incurred by the Company to expedite the completion of the Restoration shall not be included in the costs that form the basis of the tariff under Sections 16.6 or 16.7 of the Power Purchase Agreement.

• If the Expert determines that the delay was not reasonable and that it was due to the Company’s negligence, fault, or unnecessary delay the Restoration Schedule shall not be revised.

• If the revised Restoration Cost Estimate is more than one hundred fifteen percent (115%) of the Restoration Cost Estimate, or the revised Restoration Schedule is more than one hundred fifteen percent (115%) of the Restoration Schedule, the GOB may elect to terminate this Agreement, unless the Company elects to attempt to complete the Restoration during the Extended Period, as described below.

More Definitions of Restoration Schedule

Restoration Schedule has the meaning assigned to it in Section 14.5(B).

Restoration Schedule. The meaning ascribed thereto in Section 15.6(a) of the Power Purchase Agreement.

Restoration Schedule has the meaning given to that term in Clause 21.10.1.1. “Restoration Threshold Amount” has the meaning given to that term in Schedule 1.

Restoration Schedule. The meaning ascribed thereto in the Power Purchase Agreement. “ RFO” - Residual fuel oil.

Restoration Schedule has the meaning assigned to it in Section 14.5(B). “RE” means any regional entity with jurisdiction over Seller as a generator of electricity and operator of the Facility.

Restoration Schedule have the meanings set forth in Section 14.3(E)(2) of this Agreement.

Restoration Schedule means a schedule prepared by Borrower in connection with a Restoration Plan identifying appropriate milestones and payment requisitions to be made in connection with such Restoration Plan.