Maximum Electricity Quantity definition

Maximum Electricity Quantity means the maximum hourly quantity of Electricity (expressed in MW) that Buyer may receive for the Bayway Refinery at the Delivery Point, which, pursuant to PJM Rules, is available from the Facility to supply Buyer's Requirements, which quantity shall not exceed the lesser of (i) the Nominated Load or the Interim Nominated Load, whichever is applicable, or (ii) the Net Capability.
View Source

Examples of Maximum Electricity Quantity in a sentence

  • Buyer shall in good faith provide Seller notice of its estimated peak Electricity load (up to the Maximum Electricity Quantity) for each Month of the summer period (April 1 through September 30) and for each Month of the winter period (October 1 through March 31) to be delivered from the Facility not less than six (6) Months prior to the start of each such period.

  • Buyer shall nominate pursuant to Section 5.3 (and may make changes to such nomination pursuant to Section 5.4) and take all of Buyer's Requirements for Electricity up to the Maximum Electricity Quantity as set forth in this Agreement.

  • Except as provided in Sections 5.4B, 6.4, 6.5 or 15.7A, Seller shall provide Electricity up to the Maximum Electricity Quantity but in no event less than the Minimum Electricity Quantity.