Maximum Firm Capacity Payment definition

Maximum Firm Capacity Payment or “MFCP”, means the maximum payment that Seller can earn during a year for the delivery of Firm Contract Capacity that is calculated in accordance with the procedure set forth in Section 3(h) of Exhibit D.
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Maximum Firm Capacity Payment. , or “MFCP”, means the maximum payment that Seller can earn during a year for the delivery of Firm Contract Capacity that is calculated in accordance with the procedure set forth in Section 3(h) of Exhibit D.
Sample 1Sample 2Sample 3

Examples of Maximum Firm Capacity Payment in a sentence

  • As further described in Exhibit D, if the Generating Facility elects to provide Firm Contract Capacity, then the Generating Facility must have a minimum Firm Contract Capacity performance requirement of 95% to earn the Maximum Firm Capacity Payment and a minimum Capacity Performance Requirement of 60% to earn any portion of the Maximum Firm Capacity Payment.

  • The Maximum Firm Capacity Payment for each TOD Period of each month is calculated as follows: MAXIMUM FIRM CAPACITY PAYMENT, in dollars = FCC x CP Where:FCC = The Firm Contract Capacity for all TOD Periods during a month is the amount in Section 1.02(d), in kWh per hour.CP = Firm Capacity Price set forth in Section 1.06(a), in $/kW-year.

  • If the Generating Facility elects to provide Firm Contract Capacity, then the Generating Facility must have a minimum Firm Contract Capacity performance requirement of 95% to earn the Maximum Firm Capacity Payment and a minimum Capacity Performance Requirement of 60% to earn any portion of the Maximum Firm Capacity Payment.

  • Each monthly Firm Capacity Payment is calculated as follows: FIRM CAPACITY PAYMENT in dollars = MFCP x AF Where:MFCP = Maximum Firm Capacity Payment for the TOD Period, as determined in accordance with Section 3(h) of this Exhibit D, in dollars.

  • As further described in Exhibit D, if the Generating Facility elects to provide Firm Contract Capacity, then the Generating Facility must have a minimum Firm Contract Capacity performance requirement of 95% to earn the Maximum Firm Capacity Payment and a minimum Capacity Performance Requirement of 60% to earn any portion of the Maximum Firm Capacity Payment.Exhibit D Section 3.(n)Factor “APF” in Section 3(g) of this Exhibit D.

Related to Maximum Firm Capacity Payment

  • firm capacity means Natural Gas transmission Capacity contractually guaranteed as uninterruptible by the TSO according to this Agreement.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Write-Down Amount means, for any Collection Period for any 180-day Receivable or Repossessed Receivable, the excess of (a) the Principal Balance plus accrued and unpaid interest of such Receivable as of the last day of the Collection Period during which such Receivable became a 180-day Receivable or Repossessed Receivable, as the case may be, over (b) the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures for the related Collection Period, which amount may be adjusted to zero by the Servicer in accordance with its normal servicing procedures if such Receivable has ceased to be a 180-day Receivable as provided in the definition of “180-day Receivable.”

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Final RTO Unforced Capacity Obligation means the capacity obligation for the PJM Region, determined in accordance with RAA, Schedule 8. Financial Close:

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Maximum mass means the maximum mass stated by the vehicle manufacturer to be technically permissible (this mass may be higher than the "permissible maximum mass" laid down by the national administration).

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Maximum Allowable Payment means the maximum amount, as established by AvMed, which AvMed will pay for any Covered Service rendered by a Non-Participating Provider or supplier of services, medications or supplies, except for Emergency Medical Services and Care as defined herein. The Maximum Allowable Payment may be changed at any time by AvMed without notice to you or your consent.