Charging Notice means the operating instruction, and any subsequent updates, given by Buyer to Seller, directing delivery of Charging Energy to the Storage Facility to charge at a specific MW rate to a specified Stored Energy Level; provided that any operating instruction shall be in accordance with the Storage Operating Procedures. For the avoidance of doubt, any Buyer request to initiate a Storage Capacity Demonstration Test shall not be considered a Charging Notice.
Charging Notice means the operating instruction, and any subsequent updates, given by CHGE or the NYISO to Owner, directing the Project to charge at a specific rate to a specified Stored Energy Level, provided that any schedule, including self-schedules, submitted by CHGE or awarded by the NYISO in order to effectuate an Owner Initiated Test shall not be considered a Charging Notice.
Charging Notice means the operating instruction, and any subsequent updates, given by CCP’s SC or the CAISO to Project Developer, directing the Facility to charge at a specific MW rate for a specified period of time or amount of MWh; provided, any such operating instruction shall be in accordance with the Operating Restrictions.
Examples of Charging Notice in a sentence
Each Charging Notice will be effective unless and until Buyer modifies such Charging Notice by providing Seller with an updated Charging Notice.
In such event, Buyer shall be entitled to receive all Products from the applicable test according and subject to the terms and conditions of this Agreement and shall pay Variable Payments for any Delivered Energy, up to the Maximum Delivered Contract Energy, and any Charging Energy, up to the amount included in the applicable Charging Notice, associated with such test.
On 12 February 2021 HMRC issued a Charging Notice, following the introduction of new legislation in December 2020 empowering HMRC to issue such Notices in order to collect alleged unlawful State Aid.
The company has appealed the Charging Notice on the grounds of the quantum assessed.
Based on legal advice received regarding the strength of the technical position set out in the annulment applications, it is expected to be more likely than not that the payment of alleged State Aid that the Group has made under the Charging Notice will ultimately be repaid and therefore no provision has been recorded in the Financial Statements.
More Definitions of Charging Notice
Charging Notice means the operating instruction, and any subsequent updates, given by Buyer’s SC or the CAISO to Seller, directing the Storage Facility to charge at a specific MW rate for a specified period of time or amount of MWh; provided, (a) any such operating instruction shall be in accordance with the Operating Restrictions, and (b) if, during a period when the Storage Facility is instructed by Buyer’s SC or the CAISO to be charging, the actual power output level of the Generating Facility is less than the power level set forth in an applicable “Charging Notice”, such “Charging Notice” shall be deemed to be automatically adjusted to be equal to the actual power level of the Generating Facility. Any Buyer Dispatched Test shall be considered a Charging Notice, and any Charging Notice shall not constitute a Buyer Bid Curtailment, Buyer Curtailment Order or Curtailment Order.
Charging Notice means the operating instruction, and any subsequent updates, given by Buyer’s SC or the CAISO to the Facility, directing the Facility to charge at a specific MW rate for a specified period of time or amount of MWh, provided that any such operating instruction shall be in accordance with the Operating Procedures. For the avoidance of doubt, any Buyer request to initiate a Storage Capacity Test shall not be considered a Charging Notice.
Charging Notice means a notice setting out—
Charging Notice means the operating instruction, and any subsequent updates, given by Buyer’s SC or the CAISO to Seller, directing the Facility to charge at a specific MW rate for a specified period of time or amount of MWh; provided, any such operating instruction shall be in accordance with the Operating Restrictions. Any instruction to charge the Storage Facility pursuant to a Buyer Dispatched Test shall be considered a Charging Notice.
Charging Notice means the operating instruction, and any subsequent updates, given by Buyer to Seller, directing the Storage Facility to charge at a specific MW rate to a specified Stored Energy Level, provided that any such operating instruction shall be in accordance with the Operating Procedures. For the avoidance of doubt, (i) any Buyer request to initiate a Storage
Charging Notice means the operating instruction, and any subsequent updates, given by SCE or the CAISO to Seller, directing the applicable Storage Unit to charge at a specific megawatt rate to a specified State of Charge. Charging Notices may be communicated electronically, via facsimile, telephonically or other verbal means. Telephonic or other verbal communications shall be documented (either recorded by tape, electronically or in writing) and such recordings shall be made available to both SCE and Seller upon request for settlement purposes. For the avoidance of doubt, any Schedule, including self-schedules, submitted by SCE or awarded by the CAISO in order to effectuate a Seller Initiated Test shall not be considered a Charging Notice.
Charging Notice means the operating instruction, and any subsequent updates, given by Buyer’s SC or the CAISO to the Facility, instructing the Storage Facility to charge Charging Energy at a specific MW rate for a specified period of time or amount of MWh; provided (a) any such operating instruction shall be in accordance with the Operating Restrictions and the CAISO Tariff, and (b) subject to Section 7.1(b), if, during a period when the Storage Facility is so instructed to be charging, the actual power output level of the Generating Facility is less than the power level set forth in an applicable “Charging Notice”, the MW rate in such “Charging Notice” shall be deemed to be automatically adjusted to the actual power level of the Generating Facility (adjusted for Electrical Losses). Any Buyer Dispatched Test and any Charging Notice shall not constitute a Buyer Bid Curtailment, Buyer Curtailment Order or Curtailment Order.