Contract Capacity definition
Examples of Contract Capacity in a sentence
Any reduction in Contract Capacity set out in this Section 4.3 shall require written notice thereof to the Buyer at least twelve (12) months prior to the effective date of such reduction and any such reduction in the Contract Capacity may only take effect on first (1st) day of the first (1st) Settlement Month of a Contract Year.
The Supplier acknowledges and agrees that the Monthly Contract Capacity, the Electricity output of the Facility and the Station Service Loads, as may be measured by the Capacity Check Test, shall not be adjusted for ambient weather conditions.
Notwithstanding the foregoing, the Buyer’s consent to a Facility Amendment that results in an increase or a decrease to the Contract Capacity shall be subject to the Buyer’s sole and absolute discretion.
For greater certainty, the Supplier acknowledges that a reduction in the Contract Capacity will reduce the Monthly Payment.
Additionally, notwithstanding the prior paragraph of this Section 11.1(a), following the Commercial Operation Date, during such time as the Supplier is so unable to perform or comply with its obligations as a result of a Force Majeure, then adjustments to the Monthly Payment with respect to the portion of the Contract Capacity affected by Force Majeure will be calculated in accordance with Exhibit J.