XXXX Capacity Guarantee definition

XXXX Capacity Guarantee means the capacity of energy the XXXX is capable of storing as defined in SPECIFICATION SECTION 48 17 13: BATTERY ENERGY STORAGE SYSTEMS AND MICROGRID CONTROLLERS
XXXX Capacity Guarantee. Licensee guarantees that XXXX Capacity as defined in Exhibit I Attachment O8 (SPECIFICATION SECTION 48 17 13): will exceed the value listed in the Section 1.6 of Exhibit C.2 for the given year. This output level will be confirmed on an annual basis by the contractor and report will be provided to the Judicial Council within 30 days of the conclusion of each operating year. If the Contractor does not meet the XXXX Capacity Guarantee, the Contractor will credit the Judicial Council in the amount of the XXXX Capacity Damages which shall be calculated as the product of the under-performance and the XXXX Shortfall rate. (XXXX guarantee – XXXX Capacity)*XXXX Shortfall Rate. Table 2 Year XXXX Capacity Guarantee (kWh) XXXX Shortfall Rate ($/kWh) 1 4 5 6 7 8 9 10 11 12 13 14 15 16 18 20
XXXX Capacity Guarantee. MEANS THE CAPACITY OF ENERGY THE XXXX IS CAPABLE OF STORING AS DEFINED IN SPECIFICATION SECTION 48 17 13: BATTERY ENERGY STORAGE SYSTEMS AND MICROGRID CONTROLLERS 1

Examples of XXXX Capacity Guarantee in a sentence

  • If the Contractor does not meet the XXXX Capacity Guarantee, the Contractor will credit the Judicial Council an amount of the XXXX Capacity Damages against the Judicial Council’s next Rent payment(s), which amount shall be calculated as the product of the under-performance and the annual Rent.

  • If the Licensee does not meet the XXXX Capacity Guarantee, the Licensee will credit the Judicial Council an amount of the XXXX Capacity Damages against the Judicial Council’s next Rent payment(s), which amount shall be calculated as the product of the under-performance and the annual Rent.

  • If the Licensee does not meet the XXXX Capacity Guarantee, the Licensee will credit the Judicial Council in the amount of the XXXX Capacity Damages which shall be calculated as the product of the under-performance and the XXXX Shortfall rate.

  • XXXX Capacity Guarantee: Licensee guarantees that XXXX Capacity as defined in Exhibit I Attachment O8 (SPECIFICATION SECTION 48 17 13): will exceed the value listed in the section 1.6 of Exhibit C-2 for the given year.

  • Year EEP (kWh) EESC (kWh) XXXX Capacity Guarantee (kWh) 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 20 The Lease executed on or about __________ between the Judicial Council and Licensee is incorporated herein by reference.

Related to XXXX Capacity Guarantee

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Guarantee used as a verb has a corresponding meaning.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Loan guarantee means any State or federal government