Examples of Compliance Showings in a sentence
Seller shall, or cause each Unit’s SC to, submit to Buyer, a schedule of proposed Planned Outages for the Unit Contract Quantity, if any, that will occur during the Delivery Period, (“Planned Outage Schedule”), on each of the following dates during the Contract Term (i) the Confirmation Effective Date, (ii) thirty (30) days before the applicable year-ahead Compliance Showings, and (iii) no later than January 1, April 1, July 1 and October 1 of each calendar year.
The Re-sale Plan shall be provided no later than three (3) Business Days before the deadline for the Compliance Showings applicable to the relevant Showing Month, except where Buyer exercises its rights under Article 7, then Buyer shall notify Seller in accordance with deadlines described in Article 7.
Notwithstanding anything to the contrary in this Confirmation, failure to properly provide Replacement Capacity, including Seller’s obligation to identify Replacement Units no later than fifteen (15) Business Days before the relevant deadline for Buyer's Compliance Showings, may result in the calculation of damages payable to Buyer under Section 5.2 and/or the indemnification of Buyer against any penalties, fines or costs under Section 5.3.
For illustrative purposes only, pursuant to the CPUC Decisions and CAISO Tariff in effect as of the Execution Date, the monthly Compliance Showings made in June are for the Showing Month of August and the annual Compliance Showing made in October is for the twelve (12) Showing Months of the following year.
Seller shall notify, no later than fifteen (15) Business Days before the relevant deadlines for the corresponding Compliance Showings applicable to that Showing Month, of the amount of Product (in MWs) from the Storage Units that Buyer is permitted to include in Buyer’s Compliance Showings applicable to that month as a result of such Planned Outage.