Minimum Annual Energy definition

Minimum Annual Energy means the quantity of Net Energy expressed in KWh that Seller intends to produce and deliver to the Delivery Point for the applicable Contract Year as set forth in Exhibit 6.4(c).
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Minimum Annual Energy means the quantity of Net Energy expressed in KWh that Seller intends to produce and deliver to the Delivery Point for the applicable Contract Year as set forth in Exhibit 6.6(c).
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Minimum Annual Energy. In any Agreement Year, the aggregate of the Available Capacity in such Agreement Year multiplied by (0.60).
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Examples of Minimum Annual Energy in a sentence

  • An example of the monthly determination of the amount of Energy to be credited against the Minimum Annual Energy Take is shown on Exhibit L.

  • An example of the calculation of a revised Minimum Annual Energy Take is shown on Exhibit K.

  • The Parties also acknowledge and agree that any Firm Energy amount that is offered by MH and curtailed pursuant to Section 3.7(1) shall, notwithstanding such curtailment, be credited to MH as part of the Minimum Annual Energy Amount, if applicable, for a Contract Year, that MH was to have offered and made available during the applicable Contract Year, in accordance with Section 2.1.

  • The Parties also acknowledge and agree that any Firm Energy amount that is offered by MH and is curtailed pursuant to Section 3.8(1) shall, notwithstanding such curtailment, be credited to MH as part of the Minimum Annual Energy Amount, if applicable, for a Contract Year, that MH was to have offered and made available during the applicable Contract Year, in accordance with Section 2.1.

  • The Minimum Annual Energy Amount, if applicable for a Contract Year, shall be decremented when a Force Majeure event or circumstance would preclude WPS from accepting energy from MH under this Agreement (“ WPS Minimum Annual Energy Decrement Event”), during the period of such WPS Minimum Annual Energy Decrement Event, by the amount determined in accordance with Section 3.10(c).

  • The Parties also acknowledge and agree that any Firm Energy amount that is offered by MH and curtailed pursuant to Section 3.4(1) shall, notwithstanding such curtailment, be credited to MH as part of the Minimum Annual Energy Amount, if applicable, for a Contract Year, that MH was to have offered and made available during the applicable Contract Year, in accordance with Section 2.1.

  • For greater certainty, a MH Minimum Annual Energy Decrement Event can occur and continue only during a period of time when MH has not offered energy to WPS pursuant to this Agreement but can not occur during a period of time for which MH has offered energy to WPS in accordance with this Agreement.

  • For greater certainty, a Transmission Minimum Annual Energy Decrement Event can occur and continue only during a period of time when MH has not offered energy to WPS pursuant to this Agreement but can not occur during a period of time for which MH has offered energy to WPS in accordance with this Agreement.

  • WPS’s 8 MW Condition Precedent in Section 8.2(2), is not fulfilled to the reasonable satisfaction of WPS, as certified in writing by WPS, by the date specified in Section 8.2(2).So long as MH has experienced Median Water during a Contract Year as determined by MH on or before 120 calendar days after the end of such Contract Year, MH agrees that during such Contract Year, it will have offered and made available a minimum of [TRADE SECRET INFORMATION EXCISED] of energy (the "Minimum Annual Energy Amount”).

  • AEE2 = The amount by which Seller exceeded the Minimum Annual Energy in the second year after the two years in which there was an Annual Energy Shortfall.

Related to Minimum Annual Energy

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Average annual rainfall means a typical calendar year of precipitation as determined by the Wisconsin Department of Natural Resources for users of models such as WinSLAMM, P8 or equivalent methodology. The average annual rainfall is chosen from a department publication for the location closest to the municipality.

  • Average annual payroll means the average of the annual

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Maximum Annual Debt Service means the largest Annual Debt Service for any Bond Year after the calculation is made through the final maturity date of any Outstanding Bonds.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Energy year or "EY" means the 12-month period from June 1st

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Current Annual Compensation means the greater of:

  • Pro Rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Class II renewable energy means electric energy produced at a

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions. Member:

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.