Allocated Capacity Clause Samples
The Allocated Capacity clause defines the specific amount of resources, such as energy, bandwidth, or production output, that a party is entitled to use or receive under an agreement. In practice, this clause sets a clear numerical or measurable limit on the quantity available to each party, often specifying how and when this capacity is determined or adjusted. By establishing these limits, the clause ensures that both parties have a mutual understanding of their rights and obligations, thereby preventing disputes over resource allocation and promoting operational certainty.
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Allocated Capacity for all auctions this is referred to the Assigned PTRs as the auction result after fulfilling the payment conditions according to these Auction Rules as stated in Article 11. All or Nothing Bid: is a bid submitted by the Auction Participant which can only be executed in the exact amount specified in the Bid. APG: VERBUND-Austrian Power Grid AG with registered office in ▇-▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇, ▇▇▇ Tower, and with the number of the commercial register FN 177696 v. Assigned PTRs: the capacity gained by the Auction Participant by notification of the auction results in form of Physical Transmission Rights.
Allocated Capacity. The Plant has been designed to accept and treat a total average Daily Flow of _ gallons per day ("design capacity"). The design capacity of the Plant shall be Allocated as follows: WMA MGD MMA MGD MWA MGD Total design capacity average Daily Flow: MGD Each Participant shall have an Allocated Flow in the Outfall Sewer based upon average daily reserved capacity. The allocation in the Outfall Sewer shall be used solely for the alloca- tion of future costs associated with the Outfall Sewer and shall not represent any limitation on the Flow contribution to the Outfall Sewer from any Participant. The Allocated Flow of the av- erage design capacity of the Outfall Sewer and the associated distribution factor shall be as fol- lows: Average Daily Flow Cost Distribution Factor (Percent) WMA MGD 0.0 MMA MGD 0.0 MWA MGD 0.0 Should it become necessary to operate the Plant or the Outfall Sewer at less than their respective design capacities due to actions or directives of a Control Agency or due to an act of God, each Participant’s Allocated Flow shall be reduced proportionately.
Allocated Capacity. 4.1. Each Party shall have the contractual right to its Allocated Capacity in the NWRRDS as set forth in Exhibit B. Exhibit B shall be revised by the Operating Agent to reflect any changes in Allocated Capacity during the term of this Agreement in accordance with the terms of this Agreement.
4.2. This Agreement entitles each Party to use certain segments of the NWRRDS based on proportional capacity as described further in Exhibit B at any time after the In-Service Date for receipt of water into the NWRRDS at the Party’s Source and delivery from the NWRRDS at the Party’s Point of Entry, subject to the conditions specified in this Agreement.
4.3. Subject to Sections 4.4, 4.5, 16.2 and 16.3 and the provisions of this Section 4.3, a Party may make available to a Party or non-party, a portion, or all, of its Allocated Capacity; provided, that, if a Party withdraws from or otherwise ceases to be a Party to this Agreement for any reason, the lease or other conveyance shall also terminate. Any lease or other similar conveyance of a Party’s Allocated Capacity shall include language making such agreement immediately terminate upon a Party’s withdrawal or other termination of its participation under this Agreement.
4.4. Notwithstanding anything to the contrary in this Agreement, any lease or other similar conveyance shall be subject to the Party seeking to make all or part of its Allocated Capacity available to another party offering such capacity to the following parties in the following priority: (a) other Parties to this Agreement;
Allocated Capacity. The Parties have agreed to provide for electrical capacity of at least 1.0 MW and an option of an increase in the connected electrical capacity in the course of construction of Phase 2 up to 1.5 MW for each phase. The total electrical capacity provided for Phase 1 and 2 shall be 2.5
Allocated Capacity. The parties agreed to the electric capacity of at least 1.0 MW in relation to Phase 1.
Allocated Capacity. The Parties have agreed to provide for electrical capacity of at least 1.0 MW for Phase 1 and an option of an increase in the connected electrical capacity in the course of construction of Phase 2 and Phase 3 up to 1.5 MW each. The total estimated capacity provided for ▇▇▇▇▇ ▇, ▇ ▇▇▇ ▇ ▇▇▇▇▇ ▇▇ up to 4 MW. The Lessor shall provide the Lessee with the required capacity in accordance with the Terms of Reference and shall ensure 80% capacity backup by installation of diesel generator units. The value of the connected capacity and ensuring capacity backup shall be included in the Operating Expenses and shall not be additionally paid by the Lessee.
Allocated Capacity if resulting a scarce resource - must be used to import electric ity at least 80% of the equivalent hours of the period (month or week), in order to guarantee an efficient use of the resource. GRTN and RTE propose to adopt monthly or weekly period. Use of the allocated capacity will be verified taking into account the weekly or 4-weeks exchange program at the Italian border. Violations of the above mentioned constraint (monthly or weekly verified) determines the disruption of the allocated rights to the single operator for the entire duration of the primary allocation. Released capacity will be re- allocated in the secondary allocation to other operators.