banking facility definition
banking facility means each or any or some of the Banking Facilities.
banking facility means such facility whereby the prosumer gets the benefit of utilizing without any restriction at any time during the settlement period, a quantum of electricity equal to the renewable energy banked by him;
banking facility means such facility whereby the prosumer/captive generator of Renewable Energy System injects energy into the grid in a time block and to draw back the energy from the grid at a different time block, subject to the terms and conditions specified in these Regulations.
More Definitions of banking facility
banking facility means such facility whereby the prosumer or the captive generator of Renewable Energy System injects energy into the grid during a time block or period and have a right to draw back the energy from the grid at a subsequent different time block or period, subject to the terms and conditions specified in these Regulations;
banking facility means such facility whereby the prosumer or the captive generator of Renewable Energy System injects the surplus energy into the grid during a time block or period and have a right to draw back the energy from the grid at a subsequent different time block or period, subject to the terms and conditions of adjustment of the quantum of energy, as specified in these Regulations, as amended from time to time;
banking facility shall have the meaning set forth in Section 6.6(a).
banking facility. (If applicable): The portion of the Project in which Tenant conducts drive through banking operations, together with ingress and egress points to such area, as shown on the plan or drawing attached as Exhibit B-1-B. So long as Tenant leases other Leased Premises within the Project for business purposes, the Drive-Through Banking Facility shall be deemed included as part of the Leased Premises, but excluded from the calculation of the Net Rentable Area of Leased Premises for purposes of calculating Tenant’s Annual Basic Rent and Occupancy Percentage. Parking Areas (If applicable): The exclusive and non-exclusive parking areas and facilities for the Project as indicated on Exhibit B-1-C. Net Rentable Area of Leased Premises: square feet. Net Rentable Area of Building: square feet. Tenant’s Occupancy Percentage: %. Annual Basic Rent: [ ] Janitorial Specifications: As set forth on Exhibit B-1-E.