Guaranteed Annual Electric Output definition

Guaranteed Annual Electric Output means the amount of electricity that is guaranteed by the Developer to be generated by the Facilities in a Contract Year, as set forth in Exhibit C.
Sample 1
Guaranteed Annual Electric Output means the minimum amount of Net Energy that is guaranteed by Seller to be generated by the Solar Energy Facility for sale and delivery to Buyer in any Contract Year, as set forth in Exhibit C.
Sample 1
Guaranteed Annual Electric Output means the minimum amount of Net Energy that is guaranteed by Seller to be generated by the Solar Energy Facility for sale and delivery to Buyer in the applicable Guaranteed Period, as set forth in Exhibit C.
Sample 1

Examples of Guaranteed Annual Electric Output in a sentence

  • That the System will produce _______ (the Guaranteed Annual Electric Output in each Guaranteed Performance Year, as adjusted by the Annual System Degradation Factor).

  • On the first anniversary of the Commercial Operation Date and each anniversary of the Commercial Operation Date thereafter during the Term, the Guaranteed Annual Electric Output shall be decreased by the Annual System Degradation Factor.

  • Business days and hours for other deposit methods are outlined as applicable in the ATM DEPOSITS, MOBILE DEPOSITS, AND ONLINE, TELEPHONE, AND IN-BRANCH ELECTRONIC TRANSFERS BETWEEN BB&T ACCOUNTS sections.

  • The Electricity output of the affected Facility shall be estimated by Developer for the period of such shutdown and such estimated output shall be added to actual Facility output for purposes of determining whether the Guaranteed Annual Electric Output has been satisfied.

  • The Guaranteed Annual Electric Output, including the application of the Annual System Degradation Factor, is shown on Attachment C.

  • Therefore, the equation which is used to calculate the distance will become: D=(Δt/2) / of sound wave pace.

  • Within sixty (60) days after each Contract Year, Provider shall provide Customer with a reconciliation of all production by the Facilities, and include in such reconciliation the basis for any adjustments to the Guaranteed Annual Electric Output for such Contract Year.

  • Calculation to be the anticipated difference between the value of a Net Metering Credit and the Net Energy Price (each measured on a per kWh basis), multiplied by the Guaranteed Annual Electric Output, and then divided by 365.

  • Such estimated output shall be added to actual Facility output for purposes of determining whether the Guaranteed Annual Electric Output has been satisfied.

  • For greater clarity, the Guaranteed Annual Electric Output shall be adjusted or prorated for any period of time the Facility is not generating Electricity due to Force Majeure.

Related to Guaranteed Annual Electric Output

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Energy year or "EY" means the 12-month period from June 1st

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Guaranteed Pension Plan means any employee pension benefit plan within the meaning of §3(2) of ERISA maintained or contributed to by any Borrower or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.

  • Electric bicycle means a “class 1 electric bicycle”, a “class 2 electric bicycle”, or a “class 3 electric bicycle” as defined in this section. (ORC 4511.01(RRR))

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Guaranteed analysis means the percentage of plant nutrients or measures of neutralizing capability claimed to be present in a fertilizer.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.

  • Renewable energy project means (A) a project

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Maximum Annual Debt Service means, as of the date of any calculation, the largest Annual Debt Service during the current or any future Bond Year.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).

  • Electric provider means any of the following: