Annual Guaranteed Energy Quantity definition

Annual Guaranteed Energy Quantity means, for any Contract Year, (a) the amount (in MWh) for such Contract Year set forth in Schedule 1.1.2, subject to adjustment according to Section 3.9, minus (b) (i) the Quantity Adjustment for such Contract Year and (ii) the Charging Energy during such Contract Year; provided, however, that, if such Contract Year has less than three hundred and sixty-five (365) Days, the amount in clause (a) of this definition shall be multiplied by a fraction, the numerator of which is the number of Days in such Contract Year and the denominator of which is three hundred and sixty-five (365).
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Annual Guaranteed Energy Quantity means, for any Contract Year, (a) the amount (in MWh) for such Contract Year set forth in Schedule 1.1.2, subject to adjustment according to Section 3.9, minus (b) the Quantity Adjustment for such Contract Year; provided, however, that, if such Contract Year has less than three hundred and sixty-five (365) Days, the amount in clause
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Examples of Annual Guaranteed Energy Quantity in a sentence

  • Seller acknowledges and agrees that the amount of the Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.

  • For quantitative risk assessments in support of the dissemination of influential information, CDC intends to applythe following principles: 1.

  • Provide the Annual Expected Energy Quantity (AEEQ) and Annual Guaranteed Energy Quantity (AGEQ) for the Facility by completing Appendix D - Attachment D (Annual Energy Quantities).

  • Mental or physical disability or addiction to alcohol or drugswhich that leads to the impairment of the registrant’s ability to exercise due skill and care in providing professional services so as to endanger the health, safety, and welfare of the public.

  • Page C-B-1) The existing language states that Bidders shall state the Annual Expected Energy Quantity and an Annual Guaranteed Energy Quantity however, no specific values are outlined.

  • Page C-B-14 “Annual Guaranteed Energy Quantity”) The Annual Guaranteed Energy Quantity description does not seem to allow for energy not delivered, resulting of Force Majeure events, to be exempt from the AGEQ calculation and the $25 per MWH penalty.

  • If any judicial proceedings may hereafter be brought to enforce any of the provisions hereof, including an action for specific performance and/or damages, the Town shall be entitled to recover the costs of such proceedings, including reasonable attorney's fees and reasonable expert witness fees.

  • We recommend the Annual Guaranteed Energy Quantity then be stated as 75% of the P50 value, which is a common metric used by utilities.

  • However, for PPA transactions, Bidder is required to provide the Annual Expected Energy Quantity (AEEQ) and Annual Guaranteed Energy Quantity (AGEQ) for the Facility by completing Appendix D - Attachment D (Annual Energy Quantities).

  • If a Bidder offers a proposal with an Annual Guaranteed Energy Quantity based on an amount other than the P90 amount, the evaluation of that proposal will be adversely affected and offering a different Annual Guaranteed Energy Quantity could be a basis for elimination.

Related to Annual Guaranteed Energy Quantity

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Energy year or "EY" means the 12-month period from June 1st

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Definite quantity contract means a fixed price contract that provides for a

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Indefinite quantity contract means a fixed price contract that:

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable energy project means (A) a project

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Basic gas supply service means gas supply service that is

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.