Common use of Reserved Capacity Clause in Contracts

Reserved Capacity. The Cooperative reserves the right, in its sole discretion, to withhold the energy production attributable up to ten (10) percent of the total capacity of the Solar Facility per month to cover emergency and other unanticipated operation and maintenance expenses (the “Reserved Percentage”).

Appears in 9 contracts

Samples: Clark Electric Cooperative Solar Subscription Agreement, Solar Subscription Agreement, Taylor Electric Cooperative Solar Subscription Agreement

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Reserved Capacity. The Cooperative reserves the right, in its sole discretion, to withhold the energy production attributable up to ten (10) percent of the total capacity of the Solar Facility per month to cover insurance, maintenance, and unanticipated or emergency and other unanticipated operation and maintenance expenses (the “Reserved Percentage”).

Appears in 2 contracts

Samples: Bayfield Electric Cooperative Solar Garden, Bayfield Electric Cooperative Solar Garden

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Reserved Capacity. The Cooperative reserves the right, in its sole discretion, to withhold the energy production attributable to up to ten (10) percent of the total capacity of the Solar Facility per month to cover emergency and other unanticipated operation and maintenance expenses (the “Reserved Percentage”).

Appears in 1 contract

Samples: Subscriber Agreement

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