FCDS definition

FCDS has the meaning set forth in the CAISO Tariff.

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FCDS has the meaning set forth in the CAISO Tariff except that it applies to any Generating Facility (as defined in the CAISO Tariff).

FCDS has the meaning set forth in Section 4.1(c).

Examples of FCDS in a sentence

• The Full Capacity Deliverability Status ▇▇▇ Factors shall apply as of the first day of the month immediately following the date that is forty-five (45) calendar days from the Effective FCDS Date.

• An FCDS or PCDS Seller shall have either previously obtained, or is obligated to obtain per the terms of the Agreement, a FCDS or PCDS Finding.

• The Effective FCDS Date or Effective PCDS Date must occur on or before the Deliverability Finding Deadline; a failure to do so shall constitute an Event of Default under Section 5.1(a)(iii).

• This Section 4.4(c) only applies to Sellers that elected to be FCDS Sellers in the Cover Sheet.

• Throughout the Delivery Term, Seller shall sell and Schedule all Product associated with the Contract Capacity of the Project [For FCDS bids and for Projects located outside of the CAISO insert: ,including Capacity Attributes,] solely to Buyer, except in the case of an Event of Default of Buyer or an unexcused failure by Buyer to Schedule, receive, and pay for Product under Section 3.1(h)(ii).

• For each month during which Seller has not achieved FCDS as determined by the CAISO, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of (i) the Energy Price minus [insert the $/MWh equal to the Deliverability Value] (“Deliverability Value”) times (ii) the sum of Bundled Green Energy plus Deemed Bundled Green Energy (together, the “Monthly Energy Payment”).

• Obtain a final draft of the amendment to the Generator Interconnection Agreement which allows the Project to achieve FCDS.

• The Termination Payment for an Event of Default caused by Seller’s failure to achieve the Effective FCDS Date or Effective PCDS Date on or before the Deliverability Finding Deadline shall be capped at the amount of Seller’s Delivery Term Security obligation under Section 8.4(a)(ii).

• The Termination Payment for an Event of Default caused by Seller’s failure to achieve the Effective FCDS Date or Effective PCDS Date on or before the Deliverability Finding Deadline shall be capped at the amount of Seller’s Delivery Term Security or Term Security obligation under Section 8.4(a)(ii) or (iii), as applicable.

• An FCDS Seller shall have either previously obtained, or is obligated to obtain per the terms of the Agreement, a FCDS Finding.

More Definitions of FCDS

FCDS has the meaning set forth in the CAISO Tariff. “GAAP” means United States generally accepted accounting principles as in effect from time to time, consistently applied.

FCDS has the meaning set forth in the CAISO Tariff.] [Applies if Seller is providing RA]

FCDS has the meaning set forth in the CAISO Tariff. “Resource Adequacy Benefits” means the rights and privileges attached to the Storage Facility that satisfy any entity’s resource adequacy obligations, and includes any local, zonal or otherwise locational attributes associated with the Storage Facility, in addition to flex attributes. Storage Contract Capacity: The Storage Facility will have an initial Storage Capacity of [XX] MWAC for [four (4)] hours (the “Storage Contract Capacity”).

FCDS has the meaning assigned to such term in the preamble of this Agreement.