Standby contract demand definition

Standby contract demand means the maximum demand in kVA contracted by the CGP under Standby power agreement with the distribution licensee of his area of supply;
Sample 1Sample 2Sample 3
Standby contract demand means the specified maximum firm Replacement Demand that the Customer may take from the Company. The Standby Contract Demand shall be specified separately for the winter and summer periods and may not exceed the Customer’s Alternative Source of Power.
Sample 1Sample 2Sample 3
Standby contract demand means the maximum demand in kVA contracted by the CPP under Standby power agreement with the distribution licensee of his area of supply.(kb) “Standby power” means the power required in case of planned or forced outage of the CPP, including for Startup.(kc) “Startup contract demand” means the maximum demand in kVA contracted by the CPP under Startup power agreement with the distribution licensee of his area of supply.(kd) “Startup power” means the power required in case of Startup, at the pre-commissioning stage or after a planned/ forced outage.”
Sample 1Sample 2

Examples of Standby contract demand in a sentence

  • Let’s use the example of hiring an architect since almost every project will require one.

  • In case, Standby power isdrawn for more than 42 days in a financial year or if the recorded drawal exceeds the Standby contract demand, demand surcharge shall be chargeable on the same.”a) The Commission notes that the PSERC Open Access Regulations, 2011 provides that standby tariff is applicable only in case the standby power is scheduled by the Open Access customer.

  • In case, Standby power is drawn for more than 42 days in a financial year or if the Standby power availed exceeds the Standby contract demand, demand surcharge shall be chargeable on the same.

Related to Standby contract demand

  • Contract Demand means:-

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Facility LC Application is defined in Section 2.19.3.

  • Billing Demand means the metered demand or connected load after necessary adjustments have been made for power factor, intermittent rating, transformer losses and minimum billing. A measurement in kiloWatts (kW) of the maximum rate at which electricity is consumed during a billing period;

  • Standby is displayed, followed by a message stating “Bidding started”. Enter your “Start bid”.

  • Standby Letter of Credit means any Letter of Credit other than a Commercial Letter of Credit.

  • Standby L/C an irrevocable letter of credit under which the Issuing Lender agrees to make payments in Dollars for the account of Borrower, on behalf of Borrower or any Qualified Subsidiary in respect of obligations of Borrower or such Subsidiary incurred pursuant to contracts made or performances undertaken or to be undertaken or like matters relating to contracts to which Borrower or such Qualified Subsidiary is or proposes to become a party in Borrower’s or such Qualified Subsidiary’s business, including, without limiting the foregoing, for insurance purposes or in respect of advance payments or as bid or performance bonds or for any other purpose for which a standby letter of credit might customarily be issued.

  • Standby Letter of Credit Fee shall have the meaning assigned to such term in Section 3.5(b)(i).

  • Standby Letter of Credit Agreement means the Standby Letter of Credit Agreement relating to the issuance of a Standby Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Standby Fee With respect to each Mortgage Loan and each REO Loan, the fee designated as such and payable to the Special Servicer pursuant to the second paragraph of Section 3.11(c).

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

  • Batch Load Demand Resource means a Demand Resource that has a cyclical production process such that at most times during the process it is consuming energy, but at consistent regular intervals, ordinarily for periods of less than ten minutes, it reduces its consumption of energy for its production processes to minimal or zero megawatts.

  • LC Application an application by Borrower Agent to Issuing Bank for issuance of a Letter of Credit, in form and substance satisfactory to Issuing Bank.

  • Standby Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.

  • Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;

  • Performance Letter of Credit means any standby Letter of Credit which represents an irrevocable obligation to the beneficiary on the part of the Issuing Bank to make payment on account of any default by the account party in the performance of a nonfinancial or commercial obligation.

  • Direct Debit Request means the Direct Debit Request between Us and You.

  • Acceptance Letter means the letter from Adviser to BD pursuant to which the Adviser appoints BD as a Broker Dealer for each series of MuniPreferred issued by any Fund that has executed a Request Letter.

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • Servicer Letter of Credit means a letter of credit, surety bond or insurance policy issued by a depository institution, insurance company, or financial institution having a short-term credit rating at least equal to the Required Deposit Rating and providing that the Indenture Trustee or Trust Agent, as the case may be, may draw thereupon in the event the Servicer satisfies the Monthly Remittance Condition but fails to deposit SUBI Collections into the 2019-B SUBI Collection Account by the related Deposit Date.

  • Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Evergreen Letter of Credit has the meaning set forth in Section 2.01.