Surplus Capacity definition

Surplus Capacity means that portion of the 75% of net generating output not contracted for use in Montana.
Surplus Capacity means, as of the date of determination, the amount, if a positive number, equal to the Domestic Borrowing Base minus the Total Utilization of Revolving Loan Commitments for the benefit of Domestic Loan Parties. As of any date of determination, the Surplus Capacity available for application by Borrower for the benefit of any Foreign Loan Party shall be reduced by the aggregate amount of Surplus Capacity previously allocated by Borrower for the benefit of all other Foreign Loan Parties.
Surplus Capacity means any operational Handling capacity in the WECU Facilities or component thereof not being utilized on a Priority Access basis at a particular time;

Examples of Surplus Capacity in a sentence

  • To determine Surplus Capacity cost, Portland will use the same Seasonal Peaking Factor and 3-Day Peaking Factor characteristics attributed to Portland Retail Customers within the Portland Model.

  • To reduce the cost impacts to Wholesale Customers resulting from the reduction in purchases and demands attributable to the Terminating Parties, Portland will temporarily bear the additional system-operation costs related to the Surplus Capacity.

  • The Surplus Capacity and associated costs borne by Portland will be decreased each year following June 30, 2026 by the greater of (1) the growth in aggregate demand of Portland Retail Customers , Wholesale Customers, and the sum of Annualized Backup Capacity from all active Reserved Backup Service agreements, or (2) 5% of the initial Surplus Capacity, until such time as the Surplus Capacity is zero.

  • Portland will determine the Surplus Capacity costs by allocating a proportionate share of all costs except Wholesale Only Costs using the same methods and procedures described in this Section 6.

  • In the event of apportionment, all capacity, including the Hartford Base Capacity and the Hartford Surplus Capacity, will be allocated in accordance with the Carrier’s prorationing policy.

  • In the event of apportionment, all capacity, including the Wood River Base Capacity and the Wood River Surplus Capacity, will be allocated in accordance with the Carrier’s prorationing policy.

  • On or about June 30, 2026, Portland anticipates that three major users of Portland water will terminate their water supply contracts with Portland, which will result in additional Surplus Capacity.

  • If MPCC does not provide the notice set forth in the previous sentence with respect to the Surplus Capacity Rights by June 30, 2009, NW NATURAL will have no obligation to assume such Surplus Capacity Rights and MPCC will have no obligation to permanently release such Surplus Capacity Rights to NW NATURAL.

  • After completion of the Long-range Planning process (UAL Flight Operations training and Maintenance requirements and all Reserve Buffers have been planned) all remaining Surplus Capacity can be released for sale by FTS.

  • A Party should notify the Managing Agency if the Party exceeds or anticipates exceeding its Capacity share as augmented by any leased Capacity and short term lease from the Surplus Capacity Pool.


More Definitions of Surplus Capacity

Surplus Capacity means that portion of the 75% 50% of net generating output not contracted for use
Surplus Capacity means the amount of Installed Capacity, in MW, available in a Mitigated Capacity Zone in excess of the Locational Minimum Installed Capacity Requirement for such Mitigated Capacity Zone.
Surplus Capacity means the capacity of any facility of the water system of one of the parties hereto which said party solely and conclusively determines is in excess of the needs of its customers.
Surplus Capacity means existing total Source Capacity in excess of any reserve requirements for drought and emergency needs mandated by DDW regulations and by these regulations, and in excess of that quantity of water required to meet the service Demand of the Water Supplier's existing Customers, any outstanding Commitment-of-Service Letters for new service, or other Demand obligations as identified in the Water Supplier's Water Supply/Demand Report.
Surplus Capacity means that portion of the 50% of net

Related to Surplus Capacity

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if-it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition.

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

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;