AVAILABILITY TEST Sample Clauses

AVAILABILITY TEST. In accordance with Art. II.14, XXXX controls the availability of the aFRR Capacity by performing availability tests.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
AVAILABILITY TEST. The Availability Test will demonstrate the ability of each gas turbine Unit to operate reliably with a [*] availability or greater. The Availability Test will be deemed satisfied when each Unit operates reliably and with a [*] availability for 12 consecutive hours per day over a period of 2 consecutive days or Buyer provides Seller written notification that the Availability Test is satisfied During each hour of the Availability Test, the Unit will be expected to operate above the applicable gas-fired, base load Guaranteed Net Equipment Electrical Output value shown in Table 1-1 of this Appendix. Credit for Unit output above the applicable value in the tables will not be allowed. No corrections to Unit output will be made unless ambient conditions exceed the test rating conditions in Section 3.1. The Availability Test will be deemed successful if the corrected net energy (kWh) value divided by the number of hours operated during the Availability Test is greater than [*] multiplied by the the applicable Guaranteed Net Equipment Electrical Output value from Tables 1-1 of this Appendix. If the gas turbine Units are available to run but cannot due to reasons beyond Seller's control, the Availability Test will be deemed satisfied when :
Sample 1Sample 2
AVAILABILITY TEST. In accordance with Art. II.12, XXXX controls the availability of the FCR Capacity by performing two kindskind of tests: the capacity availability test and the energy availability test.
Sample 1
AVAILABILITY TEST. For a period of 5 days prior to and 30 days following the consummation of any transaction that by its express terms contemplates any determination of Availability, (a) extend the payment date of any Obligor’s trade payables beyond such Obligor’s customary payment date therefor in accordance with such Obligor’s prior practice with respect thereto as disclosed to Agent, or (b) permit book overdrafts in excess of historical levels, as disclosed to Agent.
Sample 1
AVAILABILITY TEST. Test for operational availability as specified in the DSOWs.
Sample 1
AVAILABILITY TEST. An Availability Test shall be conducted by Contractor to demonstrate the long term operability of the Facility. This test shall be conducted on a Facility basis, not a Unit Basis.
Sample 1
AVAILABILITY TEST. In accordance with Art. II.13, XXXX controls the availability of the mFRR Capacity by performing availability tests.
Sample 1
AutoNDA by SimpleDocs

Related to AVAILABILITY TEST

  • Product Availability Under no circumstances shall Company be responsible to Representative or anyone else for its failure to fill accepted orders, or for its delay in filling accepted orders, when such failure or delay is due to strike, accident, labor trouble, acts of nature, freight embargo, war, civil disturbance, vendor problems or any cause beyond Company's reasonable control.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from June 24, 2016 through and including July 7, 2016, $10,000,000, (ii) as of any date of determination during the period from July 8, 2016 through and including September 29, 2016, $17,500,000, and (iii) as of any date of during the period from September 30, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Market disruption; non-availability 3.6.1 If and whenever, at any time prior to the commencement of any Interest Period:

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

  • Collateral Coverage Ratio On the Closing Date (and after giving pro forma effect to any Borrowings on such date), the Collateral Coverage Ratio shall not be less than 2.0 to 1.0.

Time is Money Join Law Insider Premium to draft better contracts faster.