Expected Annual Contract Quantity definition

Expected Annual Contract Quantity means the amount of Delivered Energy and Environmental Attributes that Seller expects to deliver to Buyer hereunder in a given Contract Year other than the first and last Contract Years (which may be partial years and therefore subject to a pro-rata adjustment), as set forth in Exhibit 5 [Expected Contract Quantity Form].

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Expected Annual Contract Quantity means the amount of Delivered Energy and Environmental Attributes that Seller expects to deliver to Buyer hereunder in a given Contract Year other than the first and last Contract Years (with may be partial years), as set forth in the Expected Contract Quantity Exhibit.

Expected Annual Contract Quantity means an approximation of the average historic electrical output of the Generating Facility, and an approximation of the Output that Seller expects to deliver to Buyer hereunder in a given Contract Year, as set forth in Exhibit 3.

Examples of Expected Annual Contract Quantity in a sentence

Seller shall only be obligated to Schedule and deliver Energy, Environmental Attributes and Capacity Attributes from the Generating Facility, and shall not be obligated to provide replacement Energy, Environmental Attributes and Capacity Attributes due to (i) an Outage, or (ii) an actual quantity of Output that is less than the Expected Annual Contract Quantity.
Seller and Buyer acknowledge the Expected Annual Contract Quantity is based on historic electrical output produced at the Generating Facility and thus provides a reasonable expectation of electrical output during a typical year.
No later than sixty 60 days after Seller provides such consent, which consent shall state the mutually agreed upon schedule for the Price, Escalation Rate, Early Termination Fees, and Expected Annual Contract Quantity for such Renewal Term, Buyer shall confirm to Seller in writing of its intent to proceed with its option to renew.
The Parties shall confer and agree on the revised Contract Price, Termination Payment, and Expected Annual Contract Quantity set forth under Exhibit 1 of the applicable Addendum for the Renewal Term.
The Parties shall confer and agree on a schedule for the Price, Escalation Rate, (if any) Early Termination Fees, Expected Annual Contract Quantity and termination and amendment procedure for any Renewal Term.
Documentation of any such Renewal Term and changes to Contract Price, Termination Payment, and Expected Annual Contract Quantity set forth under Exhibit 1 of the applicable Addendum shall be in the form of a subsequent Addendum.
The Parties shall confer and agree on a schedule for the Price, Escalation Rate, the Expected Annual Contract Quantity and termination and amendment procedure for any Renewal Term.
No later than 60 days after Seller provides consent to the Renewal Term, which consent shall state the mutually agreed upon Contract Price, Termination Payment, and Expected Annual Contract Quantity set forth under Exhibit 1 of the applicable Addendum for such Renewal Term, Purchaser shall confirm to Seller in writing of its intent to proceed with its option for a Renewal Term.
The Expected Annual Contract Quantity for the Generating Facility is approximately 14,000 MWh per Contract Year.
At the end of every month, if the Adjusted Delivered Energy is less than 90 percent of the prorated monthly amount of Expected Annual Contract Quantity, Seller shall provide an immediate report to Buyer on the reasons for such shortfall and shall take immediate steps to restore energy delivery.

More Definitions of Expected Annual Contract Quantity

Expected Annual Contract Quantity means the amount of Delivered Energy and Environmental Attributes that Seller expects to deliver to Buyer hereunder in a given Contract Year other than the first and last Contract Years (which may be partial years), as set forth in Exhibit 8 [Expected Contract Quantity Form]. May also be referred to as the “Estimated Annual Production” in this Agreement.

Expected Annual Contract Quantity means, with respect to a Project, the quantity of Energy that Seller expects to be able to deliver to Purchaser or to deliver as Charging Energy to the Storage Project from the Generating Project for the applicable Measurement Period in the amount set forth in the table under Exhibit 1 of the applicable Addendum.