Capacity Rights definition
Capacity Rights means any current or future defined characteristic, certificate, tag, credit, ancillary service or attribute thereof, or accounting construct, including any of the same counted towards any current or future resource adequacy or reserve requirements, associated with the electric generation capability and capacity of the Facility or the Facility’s capability and ability to produce energy. Capacity Rights are measured in MW and do not include any Tax Credits or other tax incentives existing now or in the future associated with the construction, ownership or operation of the Facility.
Capacity Rights means Services which Network User has subscribed under and in accordance with this Agreement, for a quantity, expressed in kWh/h, at a Connection Point; and for a certain duration. Its subscription is confirmed in the relevant Services Confirmation.
Capacity Rights means the rights, whether in existence as of the Effective Date or arising hereafter during the Agreement Term, to capacity, resource adequacy, associated attributes and/or reserves or any of the foregoing associated with the electric generating capability of the Facility, including the right to resell such rights.
Examples of Capacity Rights in a sentence
A percentage of all products, rights, benefits, obligations, and liabilities, without limitation, pursuant to the Power Purchase Agreement, including but not limited to Facility Output (or Replacement Energy, when applicable), Capacity Rights and Environmental Attributes.
Buyer may, at ▇▇▇▇▇’s own risk and expense, report to any Person that the Capacity Rights belong to it.
All of SCPPA’s entitlements in and to the output, rights, and other tangible or intangible benefits derived from the Facility, including without limitation all Metered Output, Environmental Attributes and Capacity Rights.
In no event shall Buyer have any obligation or liability whatsoever for any debt pertaining to the Facility by virtue of Buyer’s ownership of the Capacity Rights or otherwise.
For and in consideration of PacifiCorp’s payment of the Storage Price to Seller pursuant to Section 5.1, PacifiCorp shall have all right, title, and interest in and to all Capacity Rights and Ancillary Services associated with the Storage Facility existing during the Term.
More Definitions of Capacity Rights
Capacity Rights means any current or future defined characteristic, certificate, tag, credit, ancillary service attribute, or accounting construct, including any accounting construct counted towards any current or future resource adequacy or reserve requirements, associated with the Capacity of the Facility or the Facility’s capability and ability to produce energy, but excluding any of the foregoing attributable to any expansion of the Facility occurring after the Commercial Operation Date, unless the output associated therewith is purchased by Buyer.
Capacity Rights means SBUs, Injection Capacity, Withdrawal Capacity and Working Gas Volume and shall include Firm Capacity Rights and Interruptible Capacity Rights. A "Capacity Right" means any of them.
Capacity Rights means any current or future defined characteristic, certificate, tag, credit, ancillary service or attribute thereof, or accounting construct, including any of the same counted towards any current or future resource adequacy or reserve requirements, associated with the electric generation capability and capacity of the Facility or the Facility's capability and ability to produce energy. Capacity Rights are measured in MW and do not include any Tax Credits, or any other tax incentives existing now or in the future associated with the construction, ownership or operation of the Facility.
Capacity Rights means the rights, whether in existence as of the Effective Date or arising thereafter during the Agreement Term, to capacity, resource adequacy, or reserves associated with the electric generating capability of each Facility, including the right to resell such rights.
Capacity Rights shall have the definition set forth in the Power Purchase Agreement.
Capacity Rights means any current or future defined characteristic, certificate, tag, credit, ancillary service or attribute thereof, or accounting construct, including any of the same counted towards any current or future resource adequacy or reserve requirements, associated with the electric generation capability and capacity of the Facility or the Facility’s capability and ability to produce energy and any of those services necessary to support the transmission of electric power from Seller to PacifiCorp and to maintain reliable operations of the System, including voltage control, operating reserve, spinning reserve and reactive power. Capacity Rights do not include any Tax Credits or other tax incentives existing now or in the future associated with the construction, ownership or operation of the Facility.
Capacity Rights means any current or future defined characteristic, certificate, tag, credit, ancillary service or attribute thereof, or accounting construct, including any of the same counted towards any current or future resource adequacy or reserve requirements, associated with the electric generation capability and capacity of the Facility or the Facility’s capability and ability to produce energy and any of those services necessary to support the transmission of electric power from Seller to Utility and to maintain reliable operations of the System, including voltage control, operating reserve, spinning reserve and reactive power. Capacity Rights do not include any Ancillary Services, Environmental Attributes, Tax