Demonstrated Capacity definition

Demonstrated Capacity has the meaning set forth in Section 1.6(a).

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Demonstrated Capacity means the Facility’s actual net generating nameplate capacity rating, measured in MWac, as determined by the Commissioning Tests.

Demonstrated Capacity means the sum of the highest level of production of Nitric Acid at the Nitric Acid Facility during each month of any Operating Period, adjusted for normal outages and turnarounds and adjusted by Seasonal Effects.

Examples of Demonstrated Capacity in a sentence

• For all non-Residential Customers, (1) Sellers will provide the Default Adjustment Values (DAVs) monthly (with Demonstrated Capacity information); and, (2) Sellers will ensure that CAISO wholesale market bids reflect portfolio amounts prior to de-rating.

• Seller’s failure to render any invoice on or before the deadline set forth herein shall be deemed to be a submission by the Seller of a DC Dispatch-based invoice with Demonstrated Capacity at an amount below fifty percent (50%) of the Qualifying Capacity for the applicable Showing Month (i.e., within the “forfeiture” payment band in the chart in Section 4.1).

• The Demonstrated Capacity for System and Local Capacity will equal the maximum hourly load reduction during any hour of such DC Test as calculated using the Capacity Baseline; provided that, for the Showing Month of August the Demonstrated Capacity for System and Local Capacity will equal the average hourly load reduction during any two (2) consecutive hours as calculated using the Capacity Baseline.

• The Demonstrated Capacity for Flexible Capacity will equal the average hourly load reduction during any hour of such DC Test as calculated using the Capacity Baseline; provided that, for the Showing Month of August the Demonstrated Capacity for Flexible Capacity will equal the average hourly load reduction during any two (2) consecutive hours as calculated using the Capacity Baseline.

• If the CAISO issues a dispatch instruction for less than one hundred percent (100%) of the Qualifying Capacity of the applicable PDR in the DRAM Resource (a “Partial DC Dispatch”), then Seller may elect to submit the results of such Partial DC Dispatch during such Showing Month for its Demonstrated Capacity showing.

• The Demonstrated Capacity for Flexible Capacity will equal the average hourly load reduction of such DC Dispatch as calculated using the Capacity Baseline.

• The Demonstrated Capacity for System and Local Capacity will equal the maximum hourly load reduction during any hour of such Dispatch as calculated using the Capacity Baseline and the Demonstrated Capacity for Flexible Capacity will equal the average hourly load reduction calculated using the Capacity Baseline.

• The Demonstrated Capacity for System and Local Capacity will equal the maximum hourly load reduction of such DC Dispatch as calculated using the Capacity Baseline; provided that, for the Showing Month of August, the Demonstrated Capacity for System and Local Capacity will equal the average hourly load reduction of such DC Dispatch as calculated using the Capacity Baseline.

• With respect to an Audit Notice, Seller shall cause its SC to allow Buyer or its designated independent third-party auditor to have access to the records and data necessary to conduct such audit within five (5) Business Days of Seller’s receipt of an Audit Notice; provided, such audit will be limited solely to verification of the data upon which Seller based its claim of the amount of the Demonstrated Capacity.

• Pursuant to Section 1.6(k)(ii), Seller shall be required to provide additional documentation from Seller or Seller’s SC in the form or format requested by Buyer that establishes to Buyer’s reasonable satisfaction that the Demonstrated Capacity of each Product type from a PDR is as stated by Seller in its invoice for the applicable Showing Month.

More Definitions of Demonstrated Capacity

Demonstrated Capacity means the contractual maximum rated Capacity of the Facility as tested as per Exhibit 4 which shall be greater than 2 MW and less than 2.8 MW.

Demonstrated Capacity means, in respect of a Generating Unit, the actual average generating capacity specified in paragraph 6 or 7 of the Physical Completion Certificate.

Demonstrated Capacity means the total MMBtu output level that the Facility is capable of producing as demonstrated during the tests conducted in accordance with Section 4.1 and Exhibit B.

Demonstrated Capacity means the highest level of production of nitric acid at the EDNC Baytown Plant during any Operating Period, adjusted for normal outages for catalyst changes and turnarounds.