ELCC Class Rating definition

ELCC Class Rating means the rating factor, based on effective load carrying capability analysis, that applies to ELCC Resources that are members of an ELCC Class as part of the calculation of their Accredited UCAP.
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Examples of ELCC Class Rating in a sentence

  • For any Delivery Year for which a final ELCC Class Rating has not been posted and a preliminary ELCC Class Rating has been posted, the Accredited UCAP of an ELCC Resource for such Delivery Year shall be based on the most recent preliminary ELCC Class Rating value for that Delivery Year, together with the most recently calculated ELCC Resource Performance Adjustment value for that ELCC Resource.

  • The ELCC Class UCAP and corresponding ELCC Class Rating values may increase or decrease from year to year as the expected resource mix and load shape change.

  • The Office of the Interconnection shall also post preliminary ELCC Class Rating values for nine subsequent Delivery Years.

  • Except to the extent specified above or otherwise specified, the preliminary ELCC Class Rating values for future years are non-binding and are only for indicative purposes.

  • The Office of the Interconnection shall post final ELCC Class UCAP and ELCC Class Rating values at least once per year in a report that also includes appropriate details regarding methodology and inputs.

Related to ELCC Class Rating

  • Note Rating Agency means, with respect to any Outstanding Series, Class or Tranche of Notes, each statistical note rating agency selected by the Issuer to rate such Notes.

  • Specified Rating Agencies means each of Moody’s, S&P and DBRS as long as, in each case, it has not ceased to rate the Notes or failed to make a rating of the Notes publicly available for reasons outside of the Issuer’s control; provided that if one or more of Moody’s, S&P or DBRS ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Issuer’s control, the Issuer may select any other “designated rating organization” within the meaning of National Instrument 41-101 of the Canadian Securities Administrators as a replacement agency for such one or more of them, as the case may be.

  • ▇▇▇▇▇’▇ Rating means, at any time, the rating issued by ▇▇▇▇▇’▇ and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • M▇▇▇▇’▇ Rating means, with respect to a Reference Obligation, as of any date of determination:

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.