Guaranteed Generation definition
Guaranteed Generation shall have the meaning provided in the Power Purchase Agreement.
Guaranteed Generation means, with respect to each Contract Year, eighty percent (80%) of the Annual Contract Quantity for such Contract Year, which amount shall be reduced by the aggregate amount of Deemed Generated Energy during all Seller Excused Hours during such Contract Year.
Guaranteed Generation has the meaning set forth in Appendix J.
Examples of Guaranteed Generation in a sentence
Any net proceeds received by SCPPA from the sale of Guaranteed Generation by the Power Purchase Provider to any third-party purchaser as a result of a Force Majeure event or failure by SCPPA to accept delivery of Energy pursuant to the Power Purchase Agreement shall be remitted by SCPPA to Purchaser in proportion to Purchaser's Participant Facility Output Cost Share.
More Definitions of Guaranteed Generation
Guaranteed Generation means the amount of Facility Energy guaranteed to be generated by Seller during each Output Period during the Delivery Term and delivered to Buyer at the Point of Delivery pursuant to the terms of this Agreement, all as set forth in Appendix G (which includes an adjustment for annual degradation). For clarity, the Guaranteed Generation for each Output Period equals 70% of the sum of the Expected Annual Generation amounts of each Contract Year in such Output Period.
Guaranteed Generation means, an amount equal to eighty percent (80%) of the Annual Contract Quantity for a given Contract Year, as detailed in Appendix C.
Guaranteed Generation means the MWh of Facility Energy prepaid by Buyer and guaranteed to be delivered from the Facility to the Point of Delivery as measured at the Point of Delivery, which shall be equal to P99 Energy, multiplied by twenty (20) years.
Guaranteed Generation means, (a) with respect to each Contract Year, excluding the first and final Contract Years, an amount equal to seventy percent (70%) of the Annual Contract Quantity for such Contract Year, and (b) with respect to the first Contract Year and the last Contract Year, seventy percent (70%) of the aggregate of the Annual Contract Quantities for such partial Contract Years.
Guaranteed Generation means the MWh of Energy specified in Section 3.1 to be guaranteed to be delivered from the Facility to the Point of Delivery as measured at the Point of Delivery; provided, that such Guaranteed Generation and the applicable Guaranteed Annual Quantity shall be reduced for each MWh that the Facility is unable to generate as a result of a Buyer Default, a curtailment pursuant to Section 6.5(i), or Force Majeure declared by the Buyer.
Guaranteed Generation means, for each Contract Year, the result of the following equation: Guaranteed Generation (in MWh) = Where:
Guaranteed Generation means (i) for each Pre-Contract Year Period, eighty-five percent (85%) of the Pre-Contract Year Contract Quantity for such Pre-Contract Year Period, and (ii) for each Contract Year, eighty-five percent (85%) of the Annual Contract Quantity for such Contract Year.