Storage Contract Capacity definition

Storage Contract Capacity means the total capacity (in MW) of the Storage Facility initially equal to the amount set forth on the Cover Sheet, as the same may be adjusted from time to time to reflect the results of the most recently performed Storage Capacity Test. ] 17
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Storage Contract Capacity means the total capacity (in MW) of the Storage Facility initially equal to the amount set forth on the Cover Sheet, as the same may be adjusted from time to time pursuant to Section 5(b) of Exhibit B or Section 4.9 and Exhibit O to reflect the results of the most recently performed Storage Capacity Test.
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Storage Contract Capacity means the actual total installed nameplate AC Capacity of the Storage Facility as determined by the then-current Storage Contract Capacity Test, as the same may be adjusted from time to time pursuant to Section 7.6(a)(iv).
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Examples of Storage Contract Capacity in a sentence

  • The Parties acknowledge and agree that it is difficult or impossible to determine with precision the amount of damages that would or might be incurred by Xxxxx as a result of Seller’s failure to achieve Commercial Operation on or before the Guaranteed Commercial Operation Date or to achieve (A) a Contract Capacity equal to at least ninety- five percent (95%) of the Expected Capacity and/or (B) a Storage Contract Capacity equal to at least ninety-five percent (95%) of the Storage Expected Capacity.

  • Buyer shall pay for the Charging Energy used to charge the Storage Facility in connection with the first Storage Contract Capacity Test during any Contract Year.

  • Seller shall use commercially reasonable efforts to cause the Storage Contract Capacity to be equal to or exceed the Guaranteed Storage Contract Capacity by no later than the Commercial Operation Date.

  • Seller shall use commercially reasonable efforts to (i) cause each Milestone set forth in Exhibit C to be achieved by the corresponding Milestone Date, (ii) cause the Commercial Operation Date to occur on or before the Scheduled Commercial Operation Date; and (iii) cause the Storage Contract Capacity to equal or exceed the Guaranteed Storage Contract Capacity by not later than the Scheduled Commercial Operation Date.

  • Any other costs of any Storage Facility Test, including costs for Charging Energy for subsequent Storage Contract Capacity Tests, shall be borne by Seller .

  • Thereafter, at least once per year, Seller shall schedule and complete a Storage Contract Capacity Test in accordance with Appendix B.

  • Seller will promptly provide written notice to Buyer of any Loss Event, specifying in reasonable detail its cause, any Storage Contract Capacity affected thereby, the steps Seller plans to take to repair and restore the Project and the time required to complete such repair and restoration.

  • During the Delivery Term, Seller shall maintain the Storage Facility with a Storage Contract Capacity of not less than the [•] MWAC (the “Guaranteed Storage Contract Capacity”).

  • Payment of Guaranteed Storage Contract Capacity LDs is Seller’s sole and exclusive liability, and Buyer’s sole and exclusive remedy, in connection with the Storage Contract Capacity being less than the Guaranteed Storage Contract Capacity for a Contract Year.

  • If the actual capacity determined pursuant to a Storage Contract Capacity Test is less than the then-current Storage Contract Capacity, then the actual capacity determined pursuant to such Storage Contract Capacity Test shall become the new Storage Contract Capacity at the beginning of the day following the completion of the test for all purposes under this Agreement.


More Definitions of Storage Contract Capacity

Storage Contract Capacity. The Storage Facility will have an initial Storage Capacity of [[XX] MW for four (4) hour discharge] and [[XX] MW for eight (8) hour discharge] (the “Storage Contract Capacity”).
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Storage Contract Capacity means the maximum capability of the XXXX to discharge Energy specified in Section 2.B of Appendix A, as expressed in kW.
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Storage Contract Capacity means the total capacity (in MW) of the Storage Facility initially equal to the amount set forth on the Cover Sheet, as the same may be reduced pursuant to Section 5(b) of Exhibit B.
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Storage Contract Capacity. [XX] MWAC at [ ] hour discharge Guaranteed Storage Availability: [XX%] [percentage of hours each month that the Storage Facility will be available] Guaranteed Efficiency Rate: [XX]% Minimum Efficiency Rate: [XX]% Contract Price: The Contract Price shall be as follows: For any Showing Month in which Seller provided the Storage Product, the Contract Price shall be $[XX]/kW-month; and For any Showing Month in which (a) Seller provided the Storage (No FCDS) Product, or (b) Seller had intended to deliver “Storage Product” but the Storage Facility was not eligible for Full Capacity Deliverability Status, the Contract Price shall be $[XX]/kW-month.
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Storage Contract Capacity means the total capacity (in MW) of the Storage Facility determined in accordance with Section 4.9 and Exhibit O, as the same may be adjusted from time to time pursuant to Section 4.9 and Exhibit O.
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Storage Contract Capacity means, with respect to each City Portfolio, the total capacity (in kW) of all Storage Projects thereunder, initially equal to the amount set forth on the Cover Sheet, as the same may be adjusted from time to time pursuant to Exhibit 4 to comply with Purchaser’s written request or reflect the results of the most recently performed Storage Capacity Test for each Storage Project.
Sample 1

Related to Storage Contract Capacity

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]