System Participation Power definition

System Participation Power means: (a) generating capacity that is intended to be available at all times, except as otherwise agreed by the seller and the purchaser (which excludes any generation reserves established or required by the RRO to which the purchaser belongs); and (b) energy which was contracted to be supplied by the seller to the purchaser.
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System Participation Power means generating capacity and associated energy intended to be available at all times, and which excludes any generation reserves established or required by the RRO to which the purchaser belongs, which capacity shall constitute Accreditable Capacity.
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System Participation Power means power and energy sold from a Party's system on a continuously available basis except when the Party's facilities are temporarily out of service for scheduled or forced maintenance, during which time the delivery of energy from other sources shall be at the seller's option.
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Examples of System Participation Power in a sentence

  • Words importing singular or one gender shall include plural or the other gender where the context requires.1.3 Priority of DocumentsThe documents forming the Contract are to be taken as mutually explanatory of one another.

  • OTP shall provide to NSP 75 MW of System Participation Power during each summer season; NSP shall provide to OTP 75 MW of System Participation Power during each winter season; no charges to either party for capacity exchanges.

  • Because scientific models can be false, the causal inferences grounded on these models are insecure.

  • Firm Capacity Purchases: 11 MW (May – October) from Basin Electric Power Cooperative (BEPC) through a four-year System Participation Power Agreement.

  • Firm Capacity Purchases: 80 MW (June – Sept) from MidAmerican Energy (MEC) through a three-year System Participation Power Agreement.

  • The designer shall prepare all pavement material specifications with consultation from the Geotechnical Branch.

  • The transactions contemplated by this Term Sheet shall be subject to, among other things, the execution and delivery of definitive agreements for each of the 500 MW System Participation Power Sale and the Manitoba Import Transaction (the “Agreements”) and other mutually satisfactory legal documentation which shall be customary for such transactions.

  • As a condition precedent of MH entering into the definitive agreement for the 500 MW System Participation Power Sale, MH would require that the Parties enter into a definitive agreement for the Manitoba Import Transaction.


More Definitions of System Participation Power

System Participation Power means generating capacity and associated energy intended to be available at all times, and which excludes any generation reserves established or required by the RRO to which the purchaser belongs, which capacity shall constitute Accreditable Capacity. Third Party Claim—shall mean a claim by any person or entity other than the Parties or their Affiliates. TLR—shall mean those procedures which enable any Transmission Provider, pursuant to its OATT, to curtail transactions that contribute to an overload on the electric system in order to preserve system reliability, including any instruction or requirement under such procedures that (i) MH reduce, curtail or suspend Energy Schedules or deliveries to NSP under this Agreement, or (ii) NSP reduce or cease Scheduling or accepting deliveries of Energy from MH under this Agreement. For purposes of this Agreement, TLR shall be deemed to include Transmission Loading Relief under the NERC procedures or other process administered pursuant to an applicable OATT. Transmission Provider—shall mean any entity or entities transmitting or transporting the Energy under an OATT (or subsequent transmission service as allowed by this Agreement) and as governed by this Agreement.
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Related to System Participation Power

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Specific contract participation goals means the goals as stipulated in the Preferential Procurement Regulations, 2001. In addition to above-mentioned goals, the Regulations [12. (1)] also make provision for organs of State to give particular consideration to procuring locally manufactured products.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Direct Participation means the total value of payments made to MBE or WBE firms for work that is completed in their Area of Specialty directly related to the performance of the subject matter of the contract.

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Underlying and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 15 November 2017 is 100% (in any case, it will not be below 80%).

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participating student means a student who has been determined to be

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Period has the meaning set forth in Section 4.2 hereof.