Availability Price definition

Availability Price means a fixed price for the availability of an ancillary service, irrespective of dispatch or provision, expressed as dollars per period of availability;
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Availability Price means, in relation to the DER Unit, the price (expressed in £/Mvar/hour) for making the DER Unit Available, being, in relation to Wave 2 or Wave 3, the price tendered by the Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Tender;
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Availability Price means $6.00/MW.
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Examples of Availability Price in a sentence

  • Availability, Price Group and Access Mileage Group associated with Third Party Access are subject to change, based on the availability and pricing of access connections from the third-party providers.

  • The Maximum Contract Value in dollars per megawatt per hour ($/MW/hr) is calculated in accordance with the following formula: MCV(NPav, NPac, t) = (NPav + (NPac * t)) / t Where: NPav is the Notional Availability Price determined in step 2.3.1(a), in dollars per megawatt ($/MW); NPac is the Notional Activation Price determined in step 2.3.1(b), in dollars per megawatt hour ($/MWh); and t is the number of hours during which the capacity is expected to be required as determined in step 2.1.1(e).

  • Credit Scoring and the Availability, Price, and Risk of Small Business Credit.

  • AEMO may set the Maximum Availability Percentage at any value up to: MAP(NPav, MCV, t) = NPav / (MCV * t) * 100 Where: NPav is the Notional Availability Price determined in step 2.3.1(a), in dollars per megawatt ($/MW); MCV is the Maximum Contract Value determined in step 2.3.1(c), in dollars per megawatt per hour ($/MW/hr); and t is the number of hours during which the capacity is expected to be required as determined in step 2.1.1(e).

  • Availability, Price, and Quality of Fruits and Vegetables in 12 Rural Montana Counties, 2014.

  • AT RISK OF POVERTY OR SOCIAL EXCLUSION (AROPE) RATING PERCENTAGE OF POPULATION IN A SITUATION OF SEVERE MATERIAL AND SOCIAL DEPRIVATION.

  • This is based on a DER Availability Price (shown as AP) and Utilisation Price (shown as UP) from trials and STATCOM expenditure of £24.4m per 200 Mvar unit (based on ETYS average price, 200 Mvar standard unit), connected to the transmission network.

  • Kotwani, Availability, Price and Affordability of AsthmaMedicines in Five Indian States, 13 INT’L J.

  • Assessment of a Concentrated High-Profile Police Operation: No Discernable Impact on Drug Availability, Price of Purity.

  • In the event that the total of all Valid Invoices (exclusive of VAT) received by The Company by the Valid Invoice Deadline is less than the total anticipated costs referred to in Sub-Clause 4.6.2.2, The Company may require the Generator to pay to The Company a Valid Invoice Failure Payment and The Company shall be entitled to reduce the Black Start Availability Price by application of the formula set out in Part V of Annexure A to this Clause 4, such reduction to be effective from the date hereof.


More Definitions of Availability Price

Availability Price in respect of each DER, means the price (£/kW/h) offered in the response to the Company’s auction for making available the DER for a Flexibility Service in accordance Schedule 2;
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Availability Price is specified in Item 2 of the Schedule.
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Availability Price means the availability price specified in Schedule 3. Available, in relation to the Service, means the Registered Service Equipment is (or under this Contract is taken to be) capable of increasing Withdrawal by the Maximum Service Quantity (relative to the Baseline Quantity). Baseline Quantity, for the relevant service, means the quantity (calculated in Schedule 4) from which the Maximum Service Quantity provided in a Dispatch Interval is measured.
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Availability Price means $[XX.XX]/MW.
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Availability Price means those sums described as such and set out in Part 2 ofSchedule B;
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Availability Price means, in relation to the DER Unit, the price (expressed in £/MVAr/h) for making Reactive Power Response available from the DER Unit as , being, in relation to Wave 2 or Wave 3, the price tendered by the by the Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Auction;Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Auction; "Availability Threshold" A measure of availability during the Optional Technical Trials which is used to determine Participation Payments.
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Related to Availability Price

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Availability Block means $15,000,000.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.