Yearly PC Amount definition

Yearly PC Amount means the amount of PCs for a Contract Year stated in Exhibit 18 .
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Yearly PC Amount means the amount of PCs for each Contract Year stated in Exhibit 18, unless reduced pursuant to Section 12.1.2 (Planned Outage), Section 11.6 (Emergency), or as may be adjusted pursuant to Section 3.7.1 and Section 3.7.2 (Adjustment to Supply Amount). If the initial Contract Year is not a full Contract Year, then the Yearly PC Amount for such initial Contract Year shall be equal to the number of full calendar months the Generating Facility is in Commercial Operation during such initial Contract Year divided by twelve (12), then multiplied by the Yearly PC Xxxxxx for the First Full Contract Year.
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Yearly PC Amount means the amount of PCs for a Contract Year as stated in Exhibit 18.
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Examples of Yearly PC Amount in a sentence

  • The Supply Amount and Yearly PC Amount will be reduced accordingly in part or total during the period of such Emergency.

  • Each reduction to Average Annual Supply Amount, Yearly PC Amount, and Supply Amount shall only apply to the third subsequent Contract Year and remaining Contract Years and shall not apply to the first or second subsequent Contract Years.

  • If Supplier elects to install the Second Unit, then no later than one year prior to the Second Operation Date, Supplier may, as set forth in this Section 3.7.4, adjust the Annual Supply Amount, Yearly PC Amount, and Supply Amount to reflect the additional Product that will be generated by the Second Unit.

  • If Supplier provides such notice after June 30th , then each decrease to Annual Supply Amount, Monthly Supply Amount, Supply Amount and Yearly PC Amount provided for in this Section 3.7.3 shall apply to the second full Contract Year subsequent to the Contract Year in which Supplier provides notice of such a reduction and the remaining Contract Years during the Term, and shall not apply to the first Contract Year subsequent to the Contract Year in which Supplier provides notice of such a reduction.

  • Any adjustment to Annual Supply Amount, Monthly Supply Amounts, Supply Amount and Yearly PC Amount provided for in this Section 3.7.0 shall apply beginning with the first day of Commercial Operation.

  • Any adjustment to Annual Supply Amount, Monthly Supply Amounts, Supply Amount and Yearly PC Amount provided for in this Section 3.7.1 shall only apply beginning with the first day of the next Contract Year following receipt of such an adjustment.

  • A PC Shortfall with respect to a Contract Year , means the occurrence of the following with respect to such Contract Year : the sum of all Delivered PCs is less than the product of (a) the PC Performance Factor multiplied by (b) an amount equal to (i) the Yearly PC Amount minus (ii) the total amount of PCs associated with Excused Product Amount.

  • If Supplier provides such notice on or prior to June 30th , then each increase to Annual Supply Amount, Monthly Supply Amounts, Supply Amount and Yearly PC Amount provided for in this Section 3.7.2 shall apply to the next full Contract Year subsequent to the Contract Year in which Supplier provides notice of such an increase and the remaining Contract Years during the Term.

  • Prior to October 1 of each Contract Year (as defined in the Power Purchase Agreement), the Issuer shall cause NGP I to adjust the Average Annual Supply Amount (as defined in the Power Purchase Agreement) for the subsequent year to be ninety-seven percent (97%) of the Average Annual Supply Amount for the current Contract Year pursuant to Section 3.7.2 of the Power Purchase Agreement, and to adjust the Yearly PC Amount and the Supply Amount (each term as defined in the Power Purchase Agreement) accordingly.

  • The Supply Amount and Yearly PC Amount will be reduced accordingly in part or total, as applicable, during the period of any such Emergency.

Related to Yearly PC Amount

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Step-Down Amount means, with respect to any Distribution Date, the excess, if any, of (x) the Required Pro Forma Note Balance over (y) the Pro Forma Note Balance on such Distribution Date, calculated for this purpose only without deduction for any Step-Down Amount (i.e., assuming that the entire amount described in clause (x) of the definition of “Principal Distributable Amount” is distributed as principal on the Notes); provided, however, that the Step-Down Amount in no event may exceed the amount that would reduce the positive difference, if any, of (i) the Pool Balance minus (ii) the Pro Forma Note Balance, to an amount less than 0.50% of the initial aggregate principal balance of the Receivables.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.