Secondary Reserve definition

Secondary Reserve means the reserve capability of generation resources that can be converted fully into energy or Economic Load Response Participant resources whose demand can be reduced within 30 minutes (less the capability of such resources to provide Primary Reserve), from the request of the Office of the Interconnection, regardless of whether the equipment providing the reserve is electrically synchronized to the Transmission System or not.
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Secondary Reserve means the secondary Restricted Reserve Fund required by OAR 410-141-5285.
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Secondary Reserve means the reserve capability of generation resources that can be converted fully into energy or Economic Load Response Participant resources whose demand can
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Examples of Secondary Reserve in a sentence

  • Amount to be deposited from the Collection Account into the Secondary Reserve Account $ 0.00 83 .

  • Payment to Reserve Account if Secondary Reserve Account Balance exceeds Required Secondary Reserve Account Amount and Reserve Account Deficiency not funded in full through application of Available Funds $ 0.00 72 .

  • The Servicer shall promptly notify the Indenture Trustee and the Owner Trustee in writing of any change in the account number or location of the Secondary Reserve Account.

  • The Secondary Reserve Account shall be held in trust for the benefit of the Noteholders and the Certificateholders.

  • The Holders of Notes evidencing not less than 51% of the Note Balance of the Controlling Class may, on behalf of all Noteholders, waive any Event of Servicing Termination and its consequences, except an event resulting from the failure to make any required deposits to or payments from the Collection Account, the Note Payment Account, the Certificate Payment Account, the Reserve Account or the Secondary Reserve Account in accordance with this Agreement.

  • If the Secondary Reserve Account is no longer to be maintained at the Indenture Trustee, the Servicer shall, with the Indenture Trustee’s assistance as necessary, promptly (and in any case within ten (10) calendar days or such longer period not to exceed thirty (30) calendar days as to which each Rating Agency may consent) cause the Secondary Reserve Account to be moved to an Eligible Institution.

  • The aggregate Purchase Amount for such Distribution Date, plus, to the extent necessary, all amounts in the Reserve Account and Secondary Reserve Account, shall be used to make payments in full to the Noteholders in the manner set forth in Article IV.

  • The Secondary Reserve Account shall be under the sole dominion and control of the Indenture Trustee; provided, however, that the Servicer may make deposits to and direct the Indenture Trustee in writing to make withdrawals from the Secondary Reserve Account in accordance with this Agreement and the Indenture.

  • On 19 January 2012, the HTSO notified the Company that the calculation of income for ancillary services (the Secondary Reserve) in the period from the 5th Reference Date (October 2010) to November 2011, had a numerical error resulting in a higher amount of income having been allocated to the Company than what would have arisen had the correct calculation per RAE decision 249/2006 been made.

  • On each Distribution Date, the Servicer shall instruct the Indenture Trustee to transfer the Secondary Reserve Account Draw Amount, if any, for such Distribution Date from the Secondary Reserve Account to the Collection Account.


More Definitions of Secondary Reserve

Secondary Reserve means the secondary Restricted Reserve Fund required by OAR 410-141-5285.¶ (20) "S.B. 1041" means 2019 Oregon Laws Ch. 478 (Enrolled S.B. 1041), as approved and enacted on June 20, 2019.¶
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Secondary Reserve means the maximum quantum of power which can be activated through Automatic Generation Control (AGC) to free the capacity engaged by the primary control. This reserve response shall come into service starting from 30 seconds and shall sustain up to 15 minutes;”
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Secondary Reserve means the maximum quantum of power which can be activated through secondary control signal by which injection or drawal or consumption of an SRAS provider is adjusted in accordance with Ancillary Service Regulations;”
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Related to Secondary Reserve

  • Primary Reserve means the total reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten minutes of a request from the Office of the Interconnection dispatcher, and is comprised of both Synchronized Reserve and Non-Synchronized Reserve.

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.