Net Capacity Sample Clauses

The Net Capacity clause defines the actual, usable output or production capacity of a system, asset, or facility after accounting for losses, inefficiencies, or other deductions. In practice, this clause specifies how the net capacity is calculated, such as subtracting auxiliary power consumption or downtime from the total rated capacity of a power plant. By clearly establishing the method for determining net capacity, the clause ensures transparency and consistency in performance measurement, which is essential for accurate reporting, contractual compliance, and fair allocation of revenues or obligations.
Net Capacity. The term “Net Capacity” shall mean the Nameplate Capacity of the Interconnection Customer’s generating facilities, less the portion of that capacity needed to serve the Generating Facility’s Auxiliary Load.
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Net Capacity. Gross generating capacity of the Project less the capacity requirements of the Auxiliary Components, expressed in megawatts (MW). Net Capacity available to Edison will vary with ambient temperature, as set forth in Exhibit F, with one and two generting units in operation.
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Net Capacity. The Net Capacity values, required under Section 4.21 and to be used in the administration of the Availability Factor in Section 15.5.2.1, shall be: NET CAPACITY IN KILOWATTS FOR TWO UNITS AT VARIOUS AMBIENT TEMPERATURES TEMP These values shall be reduced by fifty percent (50%) during scheduled maintenance on one unit and shall be reduced to zero (0) during scheduled maintenance on both units of the Project. These values may be revised periodically upon mutual agreement of the operating representatives. -------------------------------------------------------------------------------- EXHIBIT G GUARANTY AGREEMENT -------------------------------------------------------------------------------- GUARANTY AGREEMENT IN ORDER to induce Southern California Edison, a California corporation ("Edison"), to accept and purchase energy and capacity from Mammoth-Pacific ("Seller"), a California general partnership of which Pacific Geothermal Company ("Pacific") is a general partner, and which is a subsidiary of Pacific Lighting Energy Systems ("Guarantor"), Guarantor hereby unconditionally guarantees to Edison the performance of Seller in the event that Seller fails or refuses to make payments required by Sections 6.6, 15.1.5, or 15.3 (the "Obligations") of that certain Amended and Restated Power Purchase and Sales Agreement by and between Edison and Seller of even date herewith (the "Agreement"); specifically, Guarantor hereby agrees to guarantee and insure payment to Edison of unearned capacity payments pursuant to Seller's exercise of its option in accordance with the provisions of Section 6.6 of the Agreement; to insure payment to Edison of any excess monthly energy and capacity payments in accordance with the provisions of Section 15.1.5 of the Agreement; and to insure payment to Edison of any energy payment refunds and megawatt hour credits in accordance with Section 15.3 of the Agreement. This Guaranty Agreement shall be governed by the following conditions: 1. This Guaranty Agreement insures payment by Guarantor of Seller's Obligations under each of Sections 6.6, 15.1.5, and 15 3 of the Agreement. In the event that Seller fails or refuses, upon demand by Edison, to perform such Obligations, or each of them, Guarantor shall pay to Edison the amount of such Obligations, and each of them, provided however that the total sum guaranteed hereunder shall not exceed $1.3
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Net Capacity. There shall be attributed to the person the whole of the declared net capacity represented by any Own Generating Unit.
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Related to Net Capacity

  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • Maximum Capacity The Sick Leave Bank shall accumulate unused Bank days from year to year to a maximum capacity which shall not exceed double the number of eligible employees as defined in the above Section C, Eligibility for Membership.

  • INDEPENDENT CAPACITY The employees or agents of each party who are engaged in the performance of this Agreement shall continue to be employees or agents of that party and shall not be considered for any purpose to be employees or agents of the other party.