Installed definition
Examples of Installed in a sentence
The execution of this Agreement does not constitute a request for, nor agreement to provide Energy, any Ancillary Services or Installed Capacity under the NYISO Market Administration and Control Area Services Tariff (“Services Tariff”).
If Developer wishes to supply Energy, Installed Capacity or Ancillary Services, then Developer will make application to do so in accordance with the NYISO Services Tariff.
If Buyer exercises such option, the Additional Qualifying Nameplate Capacity shall thereafter be included in the Final Installed Capacity and the definition of “Facility” for all purposes of this Agreement and Seller shall sell, and Buyer shall purchase, all the Net Energy generated or associated with such Additional Qualifying Nameplate Capacity in accordance with the terms of this Agreement.
In such event and within seven (7) Business Days of the Buy Down Date, Seller shall pay to Buyer liquidated damages (the “Buy Down Payment”) in an amount equal to (i) the Nameplate Capacity, minus the Final Installed Capacity in MW-AC, multiplied by (ii) Three Hundred Thousand dollars ($300,000).
Capacity Resource Interconnection Service (“▇▇▇▇”) shall mean the service provided by NYISO to Developers that satisfy the NYISO Deliverability Interconnection Standard or that are otherwise eligible to receive ▇▇▇▇ in accordance with Attachment S to the ISO OATT; such service being one of the eligibility requirements for participation as a NYISO Installed Capacity Supplier.