Machine Hour definition
Machine Hour means each hour of use of the machine as recorded in the Equipment’s electronic records;
Machine Hour means one Kings Beach Generation Facility diesel unit running at that unit’s full output (i.e., 2 MW) for one hour (without limiting NV Energy’s right, subject to the limitation which may be imposed by CalPeco as noted above, to utilize capacity of more than one unit (including all units) at any given time). CalPeco shall not knowingly take any action that would be reasonably likely to reduce the Kings Beach Generation Facility’s permitted available machine hours/contract year. CalPeco shall have no obligation to increase the Kings Beach Generation Facility’s permitted available machine hours/contract year. For purposes of this Term Sheet, “contract year” shall initially be the calendar year; provided, however, that each Party will use its reasonable efforts to cause each applicable Governmental Entity to permit operating limitations to be measured from October 1 of any given year to September 30 of the following year (or such other dates as may be agreed by the Parties), and upon any effectiveness thereof the “contract year” shall become such period.
Examples of Machine Hour in a sentence
One Machine Hour Earned = running time at standard speed for the product.
One Machine Hour Earned = 1 running time at standard speed for the product.