Minimum Capacity Factor definition

Minimum Capacity Factor means (a) [ ] ([ ]%) for a fixed tilt Facility, or (b) [ ] ([ ]%) for a tracking Facility.
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Minimum Capacity Factor means the Capacity Factor set forth in Schedule 1 used to compute the minimum amount of the Product, for each Billing Period of a Contract Year, the Buyer is obligated to receive and purchase hereunder unless excused by Force Majeure. The Minimum Capacity Factor for a Billing Period during any Contract Year may be adjusted by the Seller for any planned outage of a Buyer’s facility; provided, however, that the Buyer shall remain obligated to purchase the Minimum Quantity during the Contract Year.
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Minimum Capacity Factor. (MCF) has the meaning set forth in Exhibit B.
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Examples of Minimum Capacity Factor in a sentence

  • If the Annual Capacity Factor is less than the Minimum Capacity Factor for any Annual Period, Seller must make necessary adjustments or repairs to the Facility to remedy such deficiency so that the Annual Capacity Factor for the next Annual Period equals or exceeds the Minimum Capacity Factor.

  • The Buyer may, upon proper notification to the Seller and in compliance with all Applicable Laws, instruct the Seller to sell into the Wholesale Electricity Spot Market in any Billing Period, on behalf of the Buyer, some or all of the Minimum Quantity in any Contract Year subject, at all times, to the Contracted Capacity and Minimum Capacity Factor as set forth in Schedule 1.

  • The Annual Capacity Factor is less than the Minimum Capacity Factor for two (2) consecutive Annual Periods.

  • IESO Medium-Term Capacity Contact Draft | November 24, 2021 | Public The Minimum Capacity Factor for an FCF Facility for Settlement Month “m” (or “MCFm”) shall be calculated as follows: MCFm = 0.95 × AMCCm/RSICAPm where: AMCCm is the Adjusted Monthly Contract Capacity for Settlement Month “m”, calculated as follows: AMCCm = MCC × FMCRFm × POCRFm. MCC is the Monthly Contract Capacity for Settlement Month “m”.