Examples of Unit NQC in a sentence

If a Unit described in Appendix B experiences such a reduction in Unit NQC, then Seller may, but is not obligated to, provide the applicable part of the Quantity from any Shown Unit.
The extent to which Seller’s obligation to deliver is excused will equal (i) the Quantity multiplied by (ii) the total amount (in MW) by which the Unit NQC was reduced since the Initial Unit NQC Date, divided by (iii) the Unit NQC as of the Initial Unit NQC Date.
Seller’s obligation to deliver any of the Quantity during the Delivery Period will be excused if a Unit described in Appendix B experiences a reduction in Unit NQC after the Initial Unit NQC Date for such Unit as determined by CAISO and Seller has provided notice of such reduction to Buyer by the Notification Deadline for the applicable Showing Month.

More Definitions of Unit NQC

Unit NQC means the Net Qualifying Capacity set by the CAISO for the applicable Unit. If the CAISO adjusts the Net Qualifying Capacity of a Unit after the Confirmation Effective Date, then for the period in which the adjustment is effective, the Unit NQC shall be deemed the lesser of (i) the Unit NQC as of the Confirmation Effective Date, and (ii) the CAISO-adjusted Net Qualifying Capacity.

Unit NQC means the lesser of the Unit’s Net Qualifying Capacity as set by CAISO as of the Effective Date and that of the Unit on a subsequent date of determination. APPENDIX BPRODUCT and Unit information Product: RAR Local RAR Flexible Capacity and all Capacity Attributes related to such Product. Additional Product Information (fill in all that apply):CAISO Zone: MCC Bucket: CPUC Local Area (if applicable): Flexible Capacity Category (if applicable): Delivery period: Contract Quantity and Contract Price: RAR and Local RAR, as applicable

Unit NQC means the lesser of the Unit’s Net Qualifying Capacity as set by CAISO as of the Effective Date and that of the Unit on a subsequent date of determination. APPENDIX BPRODUCT and Unit information Product: RAR Local RAR Flexible Capacity and all Capacity Attributes related to such Product. Additional Product Information (fill in all that apply):CAISO Zone: ______ Resource Category (MCC Bucket): ______ CPUC Local Area (if applicable): ______ Flexible Capacity Category (if applicable): ______ Delivery period: _______ through _______, inclusive. Contract Quantity and Contract Price: RAR and Local RAR, as applicable

Unit NQC means, with respect to a Unit on any date of determination, the lesser of Net Qualifying Capacity of the Unit as set by CAISO as of (x) the Confirmation Effective Date and (y) such date of determination. APPENDIX B PRODUCT AND PRICE INFORMATION Product means Capacity Attributes with the following characteristics. Showing Month and Year Path (North, South) System RAR Quantity (MW) Local RAR Quantity (MW) Local Capacity Area* FCR Quantity, if any (MW) Flexible Capacity Category (1,2,3) Contract Price ($/kW-month) SCID of Benefitting LSE * Please specify: Bay Area, Humboldt, Sierra, Stockton, Fresno, Xxxx, North Coast/North Bay, LA Basin, Big Creek/Ventura APPENDIX C SUBSEQUENT SALE INFORMATION Contract Key ID: Benefitting LSE SCID: Generic Volume (in MW): Local Volume (in MW and by local area): Flexible Volume (in MW): Term: APPENDIX D