Examples of Forced Outage Event in a sentence
Following 90 days after the initiation of the Forced Outage Event, QFCP Generator shall be entitled to 70% of the disbursements per MWH of reduction in output to which the QFCP Generator would have been entitled but for the Forced Outage Event in the event that QFCP Generator has provided the Company with certification, pursuant to the PJM GATTS system or successor system, that it has acquired and retired Forced Outage Replacement RECs as set forth in Section K.
For each megawatt-hour of output which would have been generated but for a Forced Outage Event, QFCP Generator shall, at its sole expense, use commercially reasonable efforts to acquire and retire one Forced Outage Replacement REC.
The duration of payments by the Company under Section K (2) above resulting from any Force Majeure Event other than a Forced Outage Event shall in no event exceed 178 days for each Force Majeure Event.
During a Forced Outage Event, the Company will continue to receive the full reduction in renewable portfolio standards requirements that would have been provided but for the Forced Outage Event.
With respect to a Force Majeure Event resulting from a Forced Outage Event that prevents the QFCP Generator from supplying output from the Facility, there shall be no disbursement to QFCP Generator for the first 90 days of such event and any such event shall no longer be considered to be a Force Majeure Event after the earlier of (i) the date of its remedy or (ii) 5:00 p.m. eastern standard time on July 1, 2025.
For all output for which QFCP Generator, despite using commercially reasonable efforts, is unable to acquire and retire Forced Outage Replacement RECs as set forth in Sections K (5) a and b above during a Forced Outage Event (hereinafter a “Replacement REC Shortfall”), the Company shall collect from its customers and disburse to the QFCP Generator 55% of the disbursements per MWH of reduction in output to which the QFCP Generator would have been entitled but for the Forced Outage Event.
The Company shall (a) take all actions necessary to comply with and maintain its eligibility as a QFCP Generator under the Tariff, (b) maintain as true the conditions set forth in Sections 4.1.33, 4.1.35 and 4.2.7, (c) take all actions necessary to invoice and collect the maximum amounts available under the Tariff, including, if applicable, by declaring a Forced Outage Event or a Force Majeure Event (as defined in the Tariff), (d) procure natural gas feedstock solely pursuant to the Gas Tariff.
At any time the funds on deposit in the Debt Service Reserve Account are greater than (i) the Debt Service Reserve Requirement at such time or (ii) the aggregate remaining principal and interest payments on the Notes, and no Event of Default or Forced Outage Event has occurred and is continuing, Collateral Agent shall direct Depositary to transfer to the Revenue Account any such excess cash as requested by the Company pursuant to an Account Withdrawal Request, to the extent of such excess.
CIGRE TB590 Dashboard: Q1Q2Q3Q4%EU6.979.6315.2515.79%FEU6.726.912.5113.65%SEU0.252.742.744.14%EA93.0390.3684.7582.21BFO0022 Legend:EU Equipment UnavailabilityFEU Forced Equipment Unavailability SEU Scheduled Equipment Unavailability EA Equipment AvailabilityBFO Bipole Forced Outage Event ReportingRoot Cause Analysis (RCA) is generally required to determine unique forced outages causes and types.
There are no impacts arising from the proposed development which could affect the conservation status of Annex I habitats or Annex II species listed as qualifying interests of the SAC or SPA .