Common use of Facility Availability Clause in Contracts

Facility Availability. Facility Availability is a forecast of the Facility’s capability to export Energy Output to the Delivery Point, and must be calculated for each ten (10) minute period during the continuation of the period during which a Compensation Event or a System Event entitles the Seller to the Deemed Energy Payment (a "Deemed Energy Period"), by using the following formula: UAi  Uci 

Facility Availability. Facility Availability is a forecast of the Facility’s capability to export Energy Output to the Delivery Point, as determined from the Daily and Weekly Forecast Generation Profiles, taking into account any availability reductions resulting from planned maintenance and Fuel unavailability. The Facility Availability must be calculated for each ten (10) minute period during the continuation of the period during which a Compensation Event or a System Event entitles the Seller to the Deemed Energy Payment (a "Deemed Energy Period"), by ) using the following formula: UAi  Uci :