Mechanical Availability Percentage definition

Mechanical Availability Percentage or “MAP” shall mean that percentage for any Contract Year for the Facility calculated in accordance with the following formula:
Mechanical Availability Percentage has the meaning set forth in Section 4.01(a). "Xxxxx’x" means Xxxxx’x Investor’s Services, Inc., or its successor.
Mechanical Availability Percentage or “MAP” shall mean that percentage for any Contract Year for the Facility calculated in accordance with the following formula: MAP = 100 X (Operational Hours) /(Base Hours X Number of Units)

Examples of Mechanical Availability Percentage in a sentence

  • For each month the Mechanical Availability Percentage shall be calculated and rounded to the nearest full percentage.

  • Seller guarantees that, as calculated by the thirtieth (30th) Day of each Invoice Month following the Commercial Operation Date, the Facility shall have achieved (a) a Mechanical Availability Percentage of 96% for operations during the months of June, July, August, September, October, December, January and February; and (ii) a Mechanical Availability Percentage of 94% for operations during the months of November, March, April and May.

  • Department shall not be entitled to any liquidated damages hereunder to the extent that Seller's failure to achieve a specific Mechanical Availability Percentage was caused by (i) Department or any of its agents, contractors, vendors or employees, (ii) an Uncontrollable Force, or (iii) a Delivery Event.

  • In the event the Facility has failed to meet a seventy percent (70%) Mechanical Availability Percentage, calculated on an annual average basis, in any two (2) out of three (3) years, Department shall have the right, within thirty (30) Days of such time, in its sole discretion, to terminate this Agreement without further obligation or liability to Seller.

  • The provisions of this Section 4.01 shall be the exclusive remedies of Department for Seller's failure to meet a specific Mechanical Availability Percentage so long as such failure is not due to intentional conduct of Seller.

  • If his appeal relates to a minor offence, that is any non-indictable offence.

  • During the Services Term, Seller shall maintain a Mechanical Availability Percentage of no less than the MAP indicated on Attachment 2, Facility Information Form for On Peak hours on a rolling twelve month basis; provided however, that the first determination of the Mechanical Availability Percentage of the Facility shall be calculated twenty four (24) months after the Initial Delivery Date for the preceding twelve (12) month period.

  • On or before the tenth (10th) Business Day following the end of each calendar month during the Services Term, Seller shall provide Buyer with the Mechanical Availability Percentage calculated for the preceding Period, consistent with Schedule 6.13, along with any supporting documentation reasonably required for Buyer to independently confirm Seller's Mechanical Availability Percentage calculation.

  • But pray, don't givebilling than such dignitaries as the Defence Minister or conduct of General Dwyer and Lt. Governor O 'Dwyyer the chief ministers of the states he visits.

  • The evaluation board will review the data submitted by the firms and from that file will preselect the firms which have the basic qualifications for perform­ ing the services needed.


More Definitions of Mechanical Availability Percentage

Mechanical Availability Percentage means, for a given period and for all Units and Electrical Interconnection Facilities that are a part of the Project during such period or any part thereof (the “Relevant Units”), a percentage calculated in accordance with the following formula: Mechanical Availability Percentage = 100 X (the sum of the aggregate Operational Hours during the applicable period for all Relevant Units) (the sum of the aggregate Base Hours during the applicable period for all Relevant Units) Where:
Mechanical Availability Percentage means the On Peak mechanical availability of the Facility, expressed as a percentage, calculated pursuant to Article 6.13. See Exhibit 1 for further explanation.
Mechanical Availability Percentage a percentage calculated for each Measurement Period in accordance with the following formula: Mechanical Availability Percentage = 100 x (sum of all Available Hours for all Turbines during the applicable Measurement Period) (sum of all Period Hours for all Turbines during the applicable Measurement Period))
Mechanical Availability Percentage means the amount of time the applicable component (Wind Turbines or Solar PV System) of the Wind-Solar Hybrid Facility is able to produce energy divided by the amount of time in each Commercial Operation Year. For purposes of this definition, any hours under which Seller is operating during a period of Force Majeure shall be excluded from the calculation of such availability.
Mechanical Availability Percentage or “MAP” shall mean that percentage
Mechanical Availability Percentage means the mechanical availability of the Facility, expressed as a percentage, calculated on a twenty four (24) month, rolling average basis in accordance with Schedule 6.13.

Related to Mechanical Availability Percentage

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.