Expected System Output definition
Expected System Output shall have the meaning ascribed to it in each Site Specific PPA.
Expected System Output shall have the meaning ascribed to it in each Site Specific PPA. (gg)(hh) “Financing Party” or “Financing Parties” shall mean any and all Persons or successors or assignees thereof lending money or extending credit to Seller or an Affiliate of Seller, or investing equity (including tax equity) in Seller or an Affiliate of Seller: (i) for the construction, term or permanent financing of the SEFs; (ii) for working capital or other ordinary business requirement of the SEFs (including but not limited to the maintenance, repair, replacement or improvement of the SEFs); (iii) for any development financing, bridge financing, credit enhancement, credit support or interest rate protection in connection with the SEFs; (iv) for the Seller’s operation of the SEFs; or (v) for the purchase of the SEFs and related rights and obligations of Seller. (hh)(ii) “FOIA” shall have the meaning ascribed to it in Section 16.18.
Examples of Expected System Output in a sentence
From and including the Commercial Operation Date until the first anniversary thereof, the SEF shall produce a minimum amount of Energy equivalent to ninety-percent (90%) of the Expected System Output of the SEF (the “Minimum Energy Output Requirements”).