CO Water definition

CO Water means the volume of water, expressed in cubic meters, available for delivery by the Casecnan Project but which is not delivered to NIA as a result of NIA's failure to accept energy deliveries at a capacity up to 150MW as provided in Section 2.5 at any time and up to 490,000,000 kWh in any Contract Year. The definition of "V" as used in Fifth Schedule of the Project Agreement shall be construed in accordance with this definition of CO Water.
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Examples of CO Water in a sentence

  • CE Casecnan shall send NIA a separate monthly statement of CO Water, provided that actual CO Water shall only be payable yearly at the end of each Contract Year after determination as to whether Delivered Water for such Contract Year equal to or greater than 801,900,000 cubic meters has been paid for by NIA.

  • If NIA has paid for less than 801,900,000 cubic meters for such Contract Year, CE Casecnan shall invoice the aggregate amount of CO Water for such Contract Year as set forth in each monthly statement up to an amount which, when added to the Delivered Water actually paid for by NIA, equals 801,900,000 cubic meters.

  • If NIA has paid for 801,900,000 cubic meters or more of Delivered Water for such Contract Year, no CO Water shall be due and payable.

Related to CO Water

  • Fresh water means water having a specific conductivity less than a solution containing six thousand (6,000) parts per million of sodium chloride.

  • Hot water means an aquatic venue with a water temperature over 90oF (32oC).

  • Gray water means sewage from bathtubs, showers, bathroom sinks, washing machines, dishwashers, and kitchen sinks. It includes sewage from any source in a residence or structure that has not come into contact with toilet wastes.

  • Ballast water means water with its suspended matter taken on board a ship to control trim, list, draught, stability or stresses of the ship.

  • Raw water means water withdrawn from a reservoir or well prior to any physical treatment of such water.