Peak Month Sample Clauses

Peak Month. Capacity Factor shall be determined by dividing the total net energy (in mwh) delivered to Company during (i) the current month, if it be a Peak Month, and the last six prior Peak Months, or (ii) the last seven prior Peak Months if the current month is not a Peak Month, by the product of the number of hours in such seven Peak Months and Firm Capacity for the immediately preceding month. If less than seven full calendar Peak Months have occurred since the expiration of Partial Operating Period or the end of any months excluded by Cogenerator pursuant to Section 7.04, whichever is later, then Peak Month Capacity Factor will be determined by using only said lesser number of months. If no calendar Peak Months have occurred since the expiration of Partial Operating Period and any months excluded by Cogenerator pursuant to Section 7.04, then Peak Month Capacity Factor shall be deemed to be 75.00%.
Sample 1
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Related to Peak Month

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • consecutive months An Employee will receive a year of Service for vesting purposes for each twelve (12)

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • year “Year” shall mean the 12-month period ending on March 31.

  • months All unpaid principal and accrued and unpaid interest with respect to each Term Loan is due and payable in full on the Maturity Date. Each Term Loan may only be prepaid in accordance with Sections 2.2(c) and 2.2(d).

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Period The foregoing provisions of this Section 6 shall expire on the earlier of (a) a Change of Control or (b) the closing of the Initial Public Offering.

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

  • Monthly Not later than the 20th calendar day (or, if such day is not a Business Day, on the next succeeding Business Day) of each calendar month (other than the calendar months in which a Payment Date occurs) and commencing in May 2020, the Issuer shall compile and make available (or cause to be compiled and made available) to the Rating Agency, the Trustee, the Collateral Manager, the Initial Purchaser and each other Holder shown on the Register and any beneficial owner of a Note who has delivered a Beneficial Ownership Certificate to the Trustee a monthly report on a settlement date basis (except as otherwise expressly provided in this Indenture) (each such report a “Monthly Report”). As used herein, the “Monthly Report Determination Date” with respect to any calendar month will be the 10th Business Day preceding the date the Monthly Report is made available. The Monthly Report for a calendar month shall contain the following information with respect to the Collateral Obligations and Eligible Investments included in the Assets, and shall be determined as of the close of business on the Monthly Report Determination Date for such calendar month:

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