Managed Capacity definition
Examples of Managed Capacity in a sentence
To the extent that Owner undertakes a transaction under this subsection (b) and the Capacity associated therewith is excluded from Managed Capacity, the Energy Manager shall continue to perform the applicable Services in connection with such excluded Capacity subject to the Parties developing in good faith mutually agreeable terms and conditions for the management of the excluded Capacity.
The Parties agree that (i) Energy Manager shall have no obligation to procure or provide Fuel with respect to the Post-Transition PPAs, (ii) the Services provided by Energy Manager related to the Post-Transition PPAs are part of Managed Capacity and (iii) notwithstanding anything in this Agreement to the contrary, for the purpose of calculating the Generation Margin, the Fuel Costs will be those charged by Duke Trading for providing Fuel in connection with the Post-Transition PPAs.
The Parties agree that the Services provided by Energy Manager related to the ▇▇▇▇▇ PPA are part of Managed Capacity.
Variance schedule applies to Managed Capacity Task Orders and precedes terms and conditions set Managed Services Schedule 1.
Parties agree that the following default provisions apply wherever the Services being provided by the Supplier are ordered pursuant to a Managed Capacity Service model (unless agreed otherwise in the relevant Task Order).