Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP19-1.
Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP22-1. Bid Proposal: Documents submitted by Seller in response to RESRFP22-1 and received by NYSERDA. Bid Quantity: The amount of Tier-1 RECs the Bid Facility expects to proffer as performance under this Agreement during each Contract Year during the Contract Delivery Term. Subject to adjustments made pursuant to Article V, for all transactions contemplated and consummated under this Agreement the Bid Quantity shall be as stated in Schedule 1 of this Agreement.
Bid Facility means the credit facility for the requesting and making of Bid Advances described in Section 2.1(a)(ii).
Examples of Bid Facility in a sentence
Xxxxxx agrees to adhere to the Agricultural Mitigation Payment calculation methodology, as depicted for the proposed Bid Facility in Exhibit H and detailed in RESRFP22-1.
Seller shall provide NYSERDA with written Notice prior to any material modification of the Bid Facility, including but not limited to any modification that is expected to result in a change in the Nameplate Capacity of the Bid Facility, and shall provide to NYSERDA a written description of the planned modification.
NYSERDA may require periodic audits of the Bid Facility to verify that the Bid Facility remains eligible under the RES as described in Section 2.06 of this Agreement.
Seller and/or the Bid Facility owner will collaborate with NYSERDA's Communications Unit, or RES program staff, with regard to the preparation of any press release, public announcement, publication or media interview with respect to the Parties’ entry into this Agreement or the subject matter thereof or which concerns NYSERDA or the RES Program.
The electronic record of generation data created by XXXXXX and representing all of the attributes of one MWh of electricity generation from a RES Tier-1 Bid Facility registered with the NYGATS tracking system.
More Definitions of Bid Facility
Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP20-1. Bid Proposal: Documents submitted by Seller in response to RESRFP20-1 and received by NYSERDA including the Step Two Application for Qualification, and the Step Three Bid Proposal. Bid Quantity: The amount, in MWh, of Tier-1 RECs the Bid Facility expects to proffer as performance under this Agreement during each Contract Year during the Contract Delivery Term. The Bid Quantity must be the same for each Contract Year throughout the Contract Delivery Term, subject to adjustments pursuant to Article IV (Payment) and Article V (Adjustments). This number will equal the Expected Annual Eligible Production multiplied by the Bid Quantity Percentage. Subject to adjustments made pursuant to Article V, for all transactions contemplated and consummated under this Agreement the Bid Quantity shall be as stated in Schedule 1 of this Agreement.
Bid Facility. The electric generating station that has been identified and described in the Bid Proposal.
Bid Facility. The “Noble Chateaugay Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 127.50 MW. The Noble Chateaugay Windpark is an Intermittent Bid Facility.
Bid Facility. The electric generating station that has been identified and described in the Application for Qualification submitted by Seller through which the Bid Facility was found to be qualified for participation in RESRFP21-1. Bid Proposal: Documents submitted by Seller in response to RESRFP21-1 and received by NYSERDA, including the Step Two Application for Qualification and the Step Three Bid Proposal. Bid Quantity: The amount, in MWh, of Tier-1 RECs the Bid Facility expects to proffer as performance under this Agreement during each Contract Year during the Contract Delivery Term. The Bid Quantity must be the same for each Contract Year throughout the Contract Delivery Term, subject to adjustments pursuant to Article IV (Pricing and Payment) and Article V (Adjustments). This number will equal the Expected Annual Production multiplied by the Bid Quantity Percentage. Subject to adjustments made pursuant to Article V, for all transactions contemplated and consummated under this Agreement the Bid Quantity shall be as stated in Schedule 1 of this Agreement. Bid Quantity Percentage: The percentage of the Bid Facility’s Actual Production that will be committed to performance under this Agreement. The Bid Quantity Percentage must be at least 30% and may not exceed 100%. The Bid Quantity Percentage will be applied to Actual Production in any period during the Contract Delivery Term to establish compliance with contract requirements. For all transactions contemplated and consummated under this Agreement the Bid Quantity Percentage shall be as stated in Schedule 1 of this Agreement. [Bid Storage Capacity: The maximum amount of energy that is capable of being stored in the Energy Storage Component, measured in Megawatt hours (MWh), as specified in the Bid Proposal. The Bid Storage Capacity under this Agreement shall be as stated in Schedule 1 of this agreement.]
Bid Facility. The “Noble Bliss Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 100.5 MW. The Noble Bliss Windpark is an Intermittent Bid Facility.
Bid Facility. The “Noble Bellmont Windpark” electric generating station that has been identified and described in the Application Package and Bid Proposal submitted by Seller to RFP 1037, consisting of a specified Nameplate Capacity of 21 MW. The Noble Bellmont Windpark is an Intermittent Bid Facility.
Bid Facility. The right of the Borrower to borrow from time to time and at any time from any lending institution selected by the Borrower, the sum of up to an amount equal to fifty percent (50%) of the Revolving Credit Commitment pursuant to Article XIII of this Agreement.