Equivalent Availability Factor or "EAF" means the equivalent availability factor for the Portfolio Units, computed in accordance with North American Electric Reliability Council definitions at the end of each month on a rolling 12 month basis; provided, however, that for Contract Year 1, the EAF will be -------- ------- computed based on availability commencing January 1, 2001.
Equivalent Availability Factor has the meaning set forth in Appendix 9.2.
Equivalent Availability Factor or “EAF” has the meaning set forth in Section 4.1(b).]
Examples of Equivalent Availability Factor in a sentence
The reduction will be linear; with a 2% reduction in the Incentive Factor payment for every 1% of the Hourly Rolling Equivalent Availability Factor less than the Target Availability stated in the RMR Agreement.
For an FFSSR, a Force Majeure Event will be treated the same as any other cause for unavailability for the purposes of calculating the FFSSR’s FFSS Hourly Rolling Equivalent Availability Factor and for paragraphs (9) through (15) above.
Failed to maintain an Hourly Rolling Equivalent Availability Factor greater than or equal to 50%.
Failure to maintain an Hourly Rolling Equivalent Availability Factor greater than or equal to 50%.
More Definitions of Equivalent Availability Factor
Equivalent Availability Factor shall have the meaning set forth in Exhibit L.
Equivalent Availability Factor means the ratio of hours the Facility is available for power generation at Project Capacity to the number of hours in a particular calendar month. The removal or derating of any operational component which would limit the ability to generate at Plant Capacity to the Delivery Point shall be considered Unavailable. An example of how Equivalent Availability Factor is calculated is attached as Exhibit D.
Equivalent Availability Factor shall be determined consistent with the requirements of the Generating Availability Data System data reporting instructions.
Equivalent Availability Factor. The ratio (in percent) calculated in accordance with the formula, terms and concepts defined by NERC GADS, as set forth in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS), based on the Net Maximum Capacity of the Facility, unless otherwise defined in this Agreement.
Equivalent Availability Factor or "EAF" means the fraction of a given operating period in which a generating unit is available without any outages and equipment or seasonal deratings.
Equivalent Availability Factor shall have the meaning set forth in Section 8.4(C).
Equivalent Availability Factor has the meaning given in item 5.5 of Schedule 2 (“Annuity Product terms”).