Capability Period definition

Capability Period means six-month periods which are established as follows: (1) from May 1 through October 31 of each year (Summer Capability Period); and (2) from November 1 of each year through April 30 of the following year (Winter Capability Period), as defined in Section 2.17 of the NYISO Market Administration and Control Area Services Tariff, as amended or superseded from time to time.
Capability Period means the Summer Capability Period or Winter Capability Period, as applicable. Contract Capacity – means (i) as of the Commercial Operation Date, the Capacity of the Project as determined pursuant to Section 3.2(vi); and (ii) for any Contract Capability Period after COD, the Capacity of the Project as demonstrated by the applicable seasonal Contract Capacity Test adjusted to ISO Conditions, provided that the Contract Capacity shall not exceed one hundred and five percent (105%) of the Net Design Capacity.

Examples of Capability Period in a sentence

  • The final CRIS level will be the highest Net-ICAP recorded for the Summer Capability Period during the five-year set and reset period, excluding the initial CRIS level.

  • The five-year CRIS set and reset period will terminate early, before five Net-ICAP values have been recorded if any of the following conditions occurs: (i) the BTM:NG Resource ceases to qualify as a BTM:NG Resource pursuant to Section 5.12.1 of the Services Tariff; (ii) the BTM:NG Resource elects to participate as another type of Installed Capacity Supplier, other than as a BTM:NG Resource; or (iii) the BTM:NG Resource’s Net ICAP is equal to or less than zero for a Capability Period.

  • Through the Winter Capability Period 2017/2018, the Project’s CRIS value for the Winter Capability Period will be set at a value that will maintain the same proportion of CRIS to ERIS as the Project has for the Summer Capability Period.

  • Each Project qualifying for CRIS will have two CRIS values per Project: one for the Summer Capability Period and one for the Winter Capability Period.

  • In the event that the Eligible Unit and the ISO have not come to an agreement six months prior to the beginning of the Capability Period that the Implementation Agreement is intended to govern, then either one of them may request the assistance of the Commission’s Dispute Resolution Service.

  • The requirement to perform a test each Capability Period can be met by performing a real-time automatic fuel swap, if that fuel swap was successful and occurred during the relevant Capability Period.

  • If, however, there is no agreement four months prior to the beginning of the relevant Capability Period then the Eligible Unit and the ISO may each file an unexecuted Implementation Agreement for the Commission’s review and acceptance.

  • Each such Implementation Agreement shall have a duration of one or more Capability Periods and shall commence at the beginning of a Capability Period unless another date is approved by the Commission.

  • The Project’s CRIS value for the Summer Capability Period will be set using the deliverability test methodology and procedures described below.

  • The transfer must take place on or before the earlier of: 25.9.6.5.1 Six months prior to the expiration date of the Contract or Non-Contract Commitment of the entity currently holding the External CRIS Rights to be transferred; or 25.9.6.5.2 One month prior to the Study Start Date of the ATRA that is prior to the start of the last Summer Capability Period within the current Award Period or renewal of an Award Period.


More Definitions of Capability Period

Capability Period means the period commencing November 1 and ending April 30 (each, a “Winter Capability Period”) or the period commencing May 1 and ending October 31 (each, a “Summer Capability Period”).
Capability Period means a period of time defined by the ISO for the purposes of rating and auditing Installed Capacity Resources. There are two Capability Periods, a Summer Capability Period and a Winter Capability Period. The dates defining the start and end of these periods are set forth in the ISO New England Manuals.
Capability Period means the period from May 1, 2017 through September 30, 2017 (the “2017
Capability Period is a period of six months commencing either on November 1 or May 1; provided that if any computation to be made for purposes of Section 9 is to be made with respect to a period which is shorter than six months, "Capability Period" shall mean such shorter period for purposes of such computation.
Capability Period means each of two six-month intervals whereby the winter capability period includes the calendar months of November through April and the summer capability period includes the calendar months of May through October.

Related to Capability Period

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Eligibility period means the period in which a business may

  • 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.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Penalty Period has the meaning set forth in Section 6.3.

  • Risk Period means the period for which the Landlord decides to insure against loss of Rent, being a minimum of [three] years and a maximum of [five]14 years, starting on the date of the relevant damage or destruction;

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Security Period means the period commencing on the date of this Agreement and ending on the date on which the Agent notifies the Borrowers, the Security Parties and the other Creditor Parties that:

  • Warranty Period /„Maintenance Period‟ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the Works performed under the Contract.

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

  • Confidentiality Period means, (A) with respect to Confidential Information (other than trade secrets), during the term of the Service Term and for a period of one (1) year after termination of the Service Term, and (B) with respect to trade secrets, during the term of the Service Term and for such period thereafter as the information in question falls within the definition of trade secrets under prevailing law.

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

  • Study Period means the period commencing at 9:00 a.m. on the date hereof, and continuing through 5:00 p.m. on the Closing Date.

  • emergency period means any period during which

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Regulatory Exclusivity Period means, with respect to each Licensed Product in any country in the Territory, a period of exclusivity (other than Patent exclusivity) granted or afforded by Applicable Law or by a Regulatory Authority in such country which confers an exclusive Commercialization period during which AbbVie or its Affiliates or Sublicensees have the exclusive right to market and sell a Licensed Compound or Licensed Product in such country through a regulatory exclusivity right.