Operating Capacity Clause Samples
The Operating Capacity clause defines the minimum level of operational ability or output that a party, typically a service provider or manufacturer, must maintain under the agreement. It often specifies measurable standards, such as production volume, staffing levels, or equipment availability, to ensure that the party can meet its contractual obligations. This clause helps prevent disruptions by ensuring that the necessary resources and capabilities are consistently available, thereby reducing the risk of non-performance or service delays.
Operating Capacity. Capacity that is readily converted to Energy and is measured in MW.
Operating Capacity. Capacity that is readily converted to Energy and is measured in MW. Operating Reserves. Generating Capacity that is available to supply Energy, or Interruptible Load Resources that are available to Curtail Energy usage, in the event of contingency conditions which meet the requirements of the ISO. Operating Reserves include spinning reserves, ten-minute non-synchronized reserves, and thirty-minute reserves.
Operating Capacity. Facility Operator shall provide sufficient Site Personnel to operate the Power Facility. The parties recognize and agree that Facility Operator may need to hire additional employees to operate the Power Facility. Facility Operator shall obtain approval from Facility Owner to hire additional employees; provided, however, that no approval shall be necessary if the hiring is already provided for under the approved Annual Budget or is merely to replace an employee in an existing position.
Operating Capacity. 18.1 The Trust shall at all times have the ability to operate as a broad-based ownership scheme as contemplated in terms of the Codes.
18.2 In order to give effect to the provisions of clause 18.1, the Trustees shall from time to time evaluate the operational needs of the Trust and shall be entitled to –
18.2.1 hire such professional persons or entities to carry out or assist with the administration of the affairs of the Trust;
18.2.2 hire such suitably qualified and experienced staff in sufficient number as may be necessary to conduct the day to day operations of the Trust from time to time; and
18.2.3 provided it is necessary for the proper operation of the Trust, procure premises from which to run the operations of the Trust and shall procure such office equipment as may be necessary for such purposes.
18.3 The Trustees shall be entitled from time to time to obtain such other equipment, documents, licenses, authorisations or other items as they may determine is necessary for the operation of the business of the Trust.
Operating Capacity.
2.7.1 Where change is proposed to maximum operating capacity for a site, the Department will consult with NZNO on the impact of such a change, including appropriate staffing arrangements. Consultation includes reasonable time for NZNO to respond to the proposal and taking their views into account before any decision is finalised.
Operating Capacity. That portion of the Components of the Transmission System and DC Terminal actually available for power transfers under normal system operating conditions as identified in Appendix F which may be modified by the E&O Committee.