Net Capacity Sample Clauses

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. There shall be attributed to the person the whole of the declared net capacity represented by any Own Generating Unit.
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.
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:

Related to Net Capacity

  • Contract Capacity The capacity of the Project at any time shall be the lower of the following: (A) the contract capacity in MW designated in the Cover Sheet or (B) the Net Rated Output Capacity of the Project (the “Contract Capacity”). Throughout the Delivery Term, Seller shall sell all Product produced by the Project solely to Buyer. In no event shall Buyer be obligated to receive, in any Settlement Interval, any Surplus Delivered Energy. Seller shall not receive payment for any Surplus Delivered Energy. To the extent Seller delivers Surplus Delivered Energy to the Delivery Point in a Settlement Interval in which the Real-Time Price for the applicable PNode is negative, Seller shall pay Buyer an amount equal to the Surplus Delivered Energy (in MWh) during such Settlement Interval, multiplied by the absolute value of the Real-Time Price per MWh for such Settlement Interval.

  • 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.

  • Acting Capacity ‌ When an employee is assigned temporarily to a job for which he/she is qualified in a higher pay grade for a period of five (5) days or his/her regular workweek, whichever is less, the employee shall be paid retroactively from the initial date of the temporary transfer for the duration of the temporary assignment. The employee shall be paid as if he/she had been promoted during such assignment. In no event may an employee acquire any status in a higher classification as a result of his/her temporary assignment. Acting capacity assignments shall not be made on an arbitrary or capricious basis. Employees shall not be rotated in acting capacity in an arbitrary or capricious manner in order to avoid payment of acting capacity pay. This Article shall not be used in lieu of the proper processing of any request for reclassification or reallocation of a position pursuant to Article 48, Reclassifications, or the filling of a vacancy pursuant to Article 56, Seniority.

  • Individual Capacity The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower and its Affiliates as though the Administrative Agent were not an Agent. With respect to the Loans made by it and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Agreement as any Lender and may exercise the same as though it were not an Agent, and the terms “Required Lenders”, “Lender” and “Lenders” shall include the Administrative Agent in its individual capacity.

  • Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

  • Power and Capacity Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each Shareholders’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights; SUNO — Corporate Status and Capacity

  • FREQUENCY AND CAPACITY LEVELS No restriction on frequency, capacity and aircraft type.

  • Shareholder Capacity By executing and delivering this -------------------- Agreement, Shareholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company. Shareholder signs solely in his capacity as the beneficial owner of Shareholder's Shares and nothing herein shall limit or affect any actions taken by Shareholder in his capacity as an officer or director of the Company or any subsidiary of the Company.

  • Financial Capacity Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

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