Permitted Capacity Downsize Option Clause Samples

Permitted Capacity Downsize Option. If the Project Company elects to exercise the Permitted Capacity Downsize Option in respect of a Facility in the Project on or prior to the Conversion Date, the Project Company shall have paid under the applicable PPAs damages for the remaining Capacity Deficiency on such applicable date in an amount equal to $200,000 per megawatt for each megawatt by which the “Actual Facility Size” is less than 360 megawatt and shall have decreased the “Expected Nameplate Capacity” (as such terms are defined in the applicable PPAs) of such Facility by up to 25% in accordance with the terms of such PPAs.
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Permitted Capacity Downsize Option. The Borrower shall not, and shall not permit the Project Company to, elect to exercise any Permitted Capacity Downsize Option (a) prior to the Conversion Date, unless Project Company complies with the requirements under Section 5.25 of the Construction Credit Agreement, (b) on the Conversion Date, in accordance with the requirements of this Agreement and (c) after the Conversion Date.
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Related to Permitted Capacity Downsize Option

  • Local Circuit Switching Capability, including Tandem Switching Capability 4.2.1 Local circuit switching capability is defined as all line-side and trunk-side facilities, plus the features, functions, and capabilities of the switch. The features, functions, and capabilities of the switch shall include the basic switching function of connecting lines to lines, lines to trunks, trunks to lines, and trunks to trunks. Local circuit switching includes all vertical features that the switch is capable of providing, including custom calling, custom local area signalling service features, and Centrex, as well as any technically feasible customized routing functions. 4.2.2 Notwithstanding BellSouth’s general duty to unbundle local circuit switching, BellSouth shall not be required to unbundle local circuit switching for ▇▇▇▇ when ▇▇▇▇: (1) serves an End User with four (4) or more voice-grade (DS0) equivalents or lines served by BellSouth in Zone 1 of one of the following MSAs: Atlanta, GA;

  • FREQUENCY AND CAPACITY LEVELS No restriction on frequency, capacity or aircraft types

  • SLEEPING CAPACITY/DISTURBANCES Tenant and all other occupants will be required to vacate the premises and forfeit the rental fee and security deposit for any of the following: Occupancy exceeding the sleeping capacity, using the premises for any illegal activity, causing damage to the premises rented or to any of the neighboring properties and any other acts which interfere with neighbors' right to quiet enjoyment of their premises. iTrip or the Owner, does not assume any liability for loss, damage or injury to persons or their personal property. Neither does the owner accept any liability for any inconveniences, damage, loss or injury arising from any temporary defects or stoppage in supply of water, gas, cable service, electricity or plumbing, as well as due to weather conditions, natural disasters, acts of God, or other reasons beyond its control. Tenant hereby acknowledges that the premises they have reserved may include a pool and the undersigned agrees and acknowledges that the pool and patio/deck can be dangerous areas, that the deck/patio can be slippery when wet, and that injury may occur to anyone who is not careful. With full knowledge of the above facts and warnings, the undersigned Tenant accepts and assumes all risks involved to Tenant and all of Tenant's guests in or related to the use of the community pool and patio areas.

  • 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.

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