Maintenance Credit Value definition

Maintenance Credit Value or “MCV”, is the adder applied to the Earned Capacity Hours to account for the time during which Seller is not able to meet the Firm Contract Capacity obligation due to a Maintenance Outage or a Major Overhaul which has been properly scheduled in accordance with Exhibit E.
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Maintenance Credit Value. “MCV” means the Hourly Credit Value for maintenance carried forward from Section 9 of Exhibit J to Section 3(m) of Exhibit F.
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Examples of Maintenance Credit Value in a sentence

  • This Exhibit E also describes the methodology for computing Maintenance Credit Value and Maintenance Debit Value.

  • Seller shall follow the protocols established in this Exhibit E for the scheduling of Maintenance Outages and Major Overhauls, and for any subsequent notification that may be required to update a previously scheduled Maintenance Outage or Major Overhaul for which Seller wishes to obtain Maintenance Credit Value.

  • If Seller utilizes all of its Major Overhaul Allowance during a Major Overhaul, the remaining portion of the Major Overhaul may be converted to a Maintenance Outage as far as Maintenance Credit Value and Maintenance Debit Value are concerned; provided, however, that Seller submits a Notice to Buyer of such conversion within 60 days of the end of such Major Overhaul.