ZEC Quantity definition

ZEC Quantity means, with respect to any Contract Year, the lesser of (a) the quantity of ZECs produced by the Nuclear Group in such Contract Year and (b) the Annual ZEC Cap Amount that applies to the Nuclear Group for such Contract Year, subject to adjustments pursuant to Article IV (Payment) and Article V (Adjustments). EXECUTION VERSION
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ZEC Quantity means, with respect to any Contract Year, the lesser of (a) the quantity of ZECs produced by the Nuclear Group in such Contract Year and
Sample 1

Examples of ZEC Quantity in a sentence

  • With respect to each Contract Year during the Contract Term, NYSERDA shall purchase from Seller such ZECs, up to the ZEC Quantity among the applicable Nuclear Group for such Contract Year, but shall not be obligated to purchase such ZECs over and above such ZEC Quantity.

  • Subject to the terms and conditions of this Agreement, NYSERDA agrees to sell and Deliver to Buyer, and Buyer agrees to purchase and accept from NYSERDA, ZECs in a quantity equal to the ZEC Quantity.

  • The amounts payable shall be calculated as the multiplicative product of (a) the applicable ZEC Price; and (b) the number of ZECs delivered by Seller up to the applicable ZEC Quantity (by designation for transfer in accordance with the NYGATS Operating Rules) to the NYSERDA ZEC Account prior to the date on invoice.

  • In the event the Actual ZEC Quantity is less than 27,618,000 (the ZEC Cap), NYSERDA shall notify Buyer in writing on or before June 1, 2018 of the Actual ZEC Quantity to be Delivered.

  • NYSERDA will not confirm receipt and will not pay, with respect to any Contract Year, for ZECs in excess of the applicable ZEC Quantity.

  • Subject to Section 2.7, Seller will Deliver, on a quarterly basis via NYGATS, the ZEC Certificates, in a proportionate share of the RECs actually owned by NYSERDA at the conclusion of such quarter, the proportion being equal to the ZEC Cap divided by the LSE’s ZEC Quantity.

  • The total projected purchase price due to NYSERDA shall equal the ZEC Pricemultiplied by the ZEC Quantity (“Total Projected Purchase Price”).

  • The total projected purchase price due to NYSERDA shall equal the ZEC Price multiplied by the ZEC Quantity (“Total Projected Purchase Price”).

  • Subject to Section 2.7, Seller will Deliver, on a quarterly basis via NYGATS, the ZEC Certificates, in a proportionate share of the ZECs actually owned by NYSERDA at the conclusion of such quarter, the proportion being equal to the ZEC Cap divided by the LSE’s ZEC Quantity.

Related to ZEC Quantity

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Small quantity generator means a generator who generates less than 1000 kg of hazardous waste in a calendar month.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • MMBtu means one million British Thermal Units.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Bills of Quantities means the priced and completed Bill of Quantities forming part of the tender[where applicable].

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Definite quantity contract means a fixed price contract that provides for a

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Indefinite quantity contract means a fixed price contract that:

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Reportable quantity means one of the following:

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes: