Unit Capacity definition

Unit Capacity means the aggregate capacity of the Units as listed on Exhibit A attached hereto.
View Source
Unit Capacity means the maximum designed charging rate of the waste for an individual unit.
View Source
Unit Capacity is the rated daily output of the Unit multiplied by 325 days in millions of pounds on August 1, 2006. BP shall pay *** to the Company on the first day of each January, April, July and October (*** per Contract Year) during this period as an advance of the Company's share of Profit for such Contract Year. (The period from August 1, 2006 through December 31, 2006, and the period from January 1, 2016 through July 31, 2016, shall each be considered a Contract Year, with payments by BP to the Company during such periods being prorated. For example, during the period from August 1, 2006 through December 31, 2006, a *** payment shall be made on August 1, 2006 and a payment of *** shall be made on November 1, 2006 [***, the quotient obtained by dividing 61 (the number of days remaining in 2006) by 365]. If for any Contract Year of twelve months the Company's share of Profit is less than ***, the difference between *** and the amount of the Company's share of Profit for such Contract Year ("Surplus Payment") shall accumulate from year to year. (For Contract Years of less than 12 months in which the payments by BP to the Company have been prorated, the amount of the Company's share of Profit used to calculate the amount of any Notwithstanding the provisions above, if in any Contract Year of 12 months the Profit is less than ***, BP shall be entitled to take a credit equal to the difference between the *** advanced and the total Profit for the Contract Year. BP shall take such credits against the *** per quarter advance payments to the Company in the Contract Year immediately following. (In this manner, BP shall not be required to pay out a sum that exceeds that total Profit for a Contract Year.) The difference between cash received by the Company (the *** advanced, less the subsequent credits to BP) and the Company's calculated Profit Share shall be accumulated as Surplus Payment for future recovery by BP as described above. Example calculations of the Company's share of Profit are shown on Exhibit H.
View Source

Examples of Unit Capacity in a sentence

  • For Contract Year 1 all Unit Capacity shall be Committed Capacity.

  • Buyer shall be entitled to receive and retain all revenues associated with the Contract Quantity during the Delivery Period including any capacity or availability revenues from RMR Contracts for any Unit, Capacity Procurement Mechanism (CPM) or its successor, and Residual Unit Commitment (RUC) Availability Payments, or its successor, but excluding payments described in Section 4.3(a)(i)-(iv).

  • Seller shall make available to Buyer all of the Unit Capacity of Seller's Units, and for purposes of this Agreement such capacity shall be either Committed Capacity or Uncommitted Capacity.

  • Seller shall make ------------------------------------------- available to Buyer all of the Unit Capacity of Seller's Units, and for purposes of this Agreement such capacity shall be either Committed Capacity or Uncommitted Capacity.

  • On or before November 15 of Contract Year, Buyer shall have the option to designate the amount of Committed Capacity for the next Contract Year; provided, however, for Contract Year 2 the Committed Capacity shall not be less than 75% of the Unit Capacity.

  • On or before November 15 of Contract Year, Buyer shall have the option to designate the amount of Committed Capacity for the next Contract Year; provided, however, for Contract Year 2 the Committed Capacity shall not be less -------- ------- than 75% of the Unit Capacity.

  • Entergy Purchase Unit Capacity and Entergy Purchase Agreement between OPC and Entergy Power, Incorporated, dated as of October 11, 1990, Amendment dated September 29, 1992.

  • Each Storage Unit is made up of: ▪ one Storage Unit Capacity; ▪ a Daily Nominal Unit Injection Capacity; ▪ a Daily Nominal Unit Withdrawal Capacity.

  • The purpose of M&V is to derive an average measured value of Unit Capacity for installed Direct Load Control Units (DCUs) for each of the two focused segments of this Program - (1) residential and (2) small commercial.

  • Buyer shall be entitled to receive and retain all revenues associated with the Aggregate Contract Quantity (including any capacity revenues from RMR Contracts for the Unit, Capacity Procurement Mechanism or its successor, RUC Availability Payments, or its successor, but excluding payments described in Section 3.2(a)(i)-(iv)).


More Definitions of Unit Capacity

Unit Capacity. Location: __________________ Occupancy(1): _________________ Quarter Ended: __________________ EBITDAR
View Source
Unit Capacity means an estimate of the total number of multi-family housing units that can be developed as of right within the multi-family district…
View Source
Unit Capacity means for the first Contract Year the greater of (i) Contract Capacity divided by the number of Generating Units that have achieved Commercial Operation or (ii) 150 MW, and for each Contract Year thereafter the greater of (i) Contract Capacity divided by six (6) or (ii) 146 MW.
View Source
Unit Capacity. As defined in Section 6.6(b) hereof.
View Source

Related to Unit Capacity

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • System Capacity means the operational capacity of the Gathering System at any applicable point in time.

  • 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).

  • 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.