EE Capacity Payment definition

EE Capacity Payment means the amount to be paid to the Participant for each Obligation Period for EE Capacity that was delivered, as calculated in accordance with the terms of this Agreement.
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Examples of EE Capacity Payment in a sentence

  • For clarity, if the IESO terminates this Agreement for any reason other than in accordance with Section 3.2(f), including as a result of misrepresentation or fraud by the Participant, the IESO shall not be required to pay any further EE Capacity Payment and the Participant shall repay to the IESO any EE Capacity Payment received as of the date of termination.

  • The Participant shall not relinquish part of an EE Capacity Obligation and if the Participant relinquishes any or all of its EE Capacity Obligations it waives any right to receive and releases the IESO from any and all Claims it may have against the IESO in connection with or in any way arising from any EE Capacity Payment related to the relinquished EE Capacity Obligation(s).

  • Subject to the terms of this Agreement, the IESO shall pay to the Participant a EE Capacity Payment for each Obligation Period for which they have an EE Capacity Obligation and a M&V Report approved by the IESO, and received all other supporting documentation and evidence as required by this Agreement or as otherwise requested by the IESO.

  • In addition, if the IESO has reasonable grounds to commence a discussion, negotiation, or challenge, in any manner whatsoever, with a tax authority regarding the validity of any Applicable Taxes imposed on the EE Capacity Payment, the Participant shall provide such reasonable assistance as may be required by the IESO with such discussion, negotiation, or challenge.

  • In addition to the EE Capacity Payment, the IESO will pay any Applicable Taxes on the EE Capacity Payment, excluding, for certainty, any income taxes or Worker Safety Insurance Board amounts.

  • The termination of this Agreement by the IESO, and, if applicable, the return of EE Capacity Payment in accordance with Section 5.9, shall not limit, waive or extinguish in any way the recourse of the IESO to any remedies available to it in relation to such termination at law, in equity or otherwise, nor shall such termination affect any rights that the Indemnified Party may have pursuant to any indemnity given under this Agreement.

  • Without limiting the generality of the foregoing, if the Participant is entitled to receive a EE Capacity Payment pursuant to this Agreement after such expiration or termination, then the provisions of the Agreement applicable to such EE Capacity Payment will survive the termination or expiration of the Agreement.

  • Following the IESO’s approval of the Participant’s M&V Report in accordance with Section 5.3, the Participant shall submit to the system known as “Online IESO” an invoice for the EE Capacity Payment set out in the approved M&V Report and the IESO will transfer such funds via electronic funds transfer into the Participant’s bank account registered with the IESO in “Online IESO”.

  • The Participant will provide to the IESO sufficient supporting documentation, as requested by the IESO, to facilitate and support the IESO in claiming input tax credits in respect of the EE Capacity Payment.

Related to EE Capacity Payment

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]