Actual Annual Production definition

Actual Annual Production. The amount, in MWh, of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.
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Actual Annual Production means the product of (a) the Insolation Adjustment Factor, and (b) the amount of Energy generated by the System and delivered to the Delivery Point as recorded by the Utility Meter during each Contract Year during the Term pursuant to Section 4.3.
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Actual Annual Production. The amount, in kWh, of the total electric energy actually produced by the CDG Project during any Contract Year, measured at the CDG host meter.
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Examples of Actual Annual Production in a sentence

  • Adjusted Annual Production = Actual Annual Production – Excused Production - Solar Insolation Adjustment (if any) Amount owed for annual shortfall (if any) = (Guaranteed Annual Production –Adjusted AnnualProduction) x (Current Cost of Energy – Annual ESA Price).

  • Actual Annual Production: The amount, in Megawatt hours (MWh), of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.

  • Within sixty (60) days following each twelve (12) month period after the Commercial Operation Date (each a “Contract Year”), the Parties shall compare Actual Annual Production for such immediately preceding Contract Year with the Guaranteed Production for that same Contract Year.

  • To the extent that Actual Annual Production for the Contract Year is less than the Guaranteed Production for that same Contract Year (except to the extent caused by Force Majeure Events or Host Default), then Provider shall credit Host with a dollar amount equal to the product of (i) the Performance Guarantee Rate for the same Contract Year, and (ii) the difference in kWh between the Guaranteed Production and the Actual Annual Production for the same Contract Year.

  • Between 8 – 10 student employees monitor the Front Desk and the WRC’s training areas per shift (4 – 5 shifts daily) during the WRC’s hours of operation.

  • Unforeseeable Events that are outside the control of the Contractor or the third-party PV ESA ECM owner (see Section H.1.1) shall be taken into consideration in calculating the Contractor shortfall payment in the event that the amount of the Actual Annual Production is less than the Guaranteed Annual Production.

  • G.6.2 Unforeseeable Events The Parties hereto acknowledge and agree that certain events and actions, foreseen and unforeseen, outside of the control of the Contractor can have an impact on the Actual Annual Production.

  • Production Volume Incentive (PVI) shall be granted based on volume production and logistics efficiency computed as follows: PVI = SPS x Actual Annual Production Volume x LEI a.

  • This figure may be updated periodically revised annually prior to the firstreporting quarter of each year and shall be based upon actual average site specific winddistributions and the wind turbine power curves.(h g) “Projected Actual Quarterly Periodic Production Per Turbine (kWh)”: the quarterly periodic breakdown of the Projected Actual Annual Production Per Turbine, by model.

  • Actual Annual Production: The amount, in MWh, of the total electric energy produced by the Bid Facility during any Contract Year, measured at the Injection Point.

Related to Actual Annual Production

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Net Sales means [***].

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Net Revenues means the difference between:

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Final Product means a product that is not used in producing other products and is built and intended for use outdoors, provided the final product has not deteriorated or has otherwise become a potential source of contaminants.

  • Approved Product means any water fitting, plumbing product, material or component which is the subject of an existing WRAS Approval;

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;