NERC Standards Non-Compliance Penalties definition

NERC Standards Non-Compliance Penalties means any and all monetary fines, penalties, damages, interest or assessments by the NERC, the CAISO, the WECC, a Governmental Authority or any Person acting at the direction of a Governmental Authority arising from or relating to a failure to perform the obligations of Generator Operator or Generator Owner as set forth in the NERC Reliability Standards.
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NERC Standards Non-Compliance Penalties means any and all monetary fines, penalties, damages, interest or assessments by NERC, the CAISO, WECC, a Governmental Authority or any Person acting at the direction of a Governmental Authority arising from or relating to a failure to perform the obligations of Generator Operator or Generator Owner as set forth in the NERC Reliability Standards.
Sample 1Sample 2
NERC Standards Non-Compliance Penalties means any and all monetary fines, penalties, damages, interest or assessments by the NERC, the CAISO, the WECC, a Governmental Authority or any Person acting at the direction of a Governmental Authority arising from or relating to a failure to perform the obligations of Generator Operator or Generator Owner as set forth in the NERC Reliability Standards. “Net Contract Capacity”, or “NCC”, means the sum of Firm Contract Capacity and As-Available Contract Capacity, as set forth in Section 1.02(d), as may be adjusted in accordance with, and subject to the restrictions set forth in Section 3.07. Net Contract Capacity may not exceed PMax.
Sample 1

Examples of NERC Standards Non-Compliance Penalties in a sentence

  • During the Delivery Period, Seller shall be: responsible for complying with any NERC Reliability Standards applicable to the Project and liable for NERC Standards Non-Compliance Penalties.


More Definitions of NERC Standards Non-Compliance Penalties

NERC Standards Non-Compliance Penalties means any and all monetary fines, penalties, damages, interest or assessments by the NERC, the CAISO, the WECC, a Governmental Authority or any Person acting at the direction of a Governmental Authority arising from or relating to a failure to perform the obligations of Generator Operator or Generator Owner as set forth in the NERC Reliability Standards. “Net Contract Capacity”, or “NCC”, means the sum of Firm Contract Capacity and As-Available Contract Capacity, as set forth in Section 1.02(d) and as may be adjusted from time to time in accordance with Section 3.07 (c).), . Net Contract Capacity may not exceed PMax.
Sample 1

Related to NERC Standards Non-Compliance Penalties

  • NERC Reliability Standards means the most recent version of those reliability standards applicable to the Generating Facility, or to the Generator Owner or the Generator Operator with respect to the Generating Facility, that are adopted by the NERC and approved by the applicable regulatory authorities, which are available at xxxx://xxx.xxxx.xxx/files/Reliability_Standards_Complete_Set.pdf, or any successor thereto.

  • Environmental and Social Standards or “ESSs” means, collectively:

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Financial Regulations means regulations made under section 21 of the Act;

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.