Excused Reductions in Unit NQC Sample Clauses

Excused Reductions in Unit NQC. Seller’s obligation to deliver any of the Quantity during the Delivery Period will be excused if a Unit described in Appendix B experiences a reduction in Unit NQC after the Initial Unit NQC Date for such Unit as determined by CAISO and Seller has provided notice of such reduction to Buyer by the Notification Deadline for the applicable Showing Month. The extent to which Seller’s obligation to deliver is excused will equal (i) the Quantity multiplied by (ii) the total amount (in MW) by which the Unit NQC was reduced since the Initial Unit NQC Date, divided by (iii) the Unit NQC as of the Initial Unit NQC Date. If a Unit described in Appendix B experiences such a reduction in Unit NQC, then Seller may, but is not obligated to, provide the applicable part of the Quantity from any Shown Unit.
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Related to Excused Reductions in Unit NQC

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