Nominated Capacity definition

Nominated Capacity means the whole or portion of the Booked Capacity that the Shipper declares to Transporter or NGGMS as the case maybe, to utilize for flow of gas on a Gas Day

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Nominated Capacity means the Facility's ability to provide power, expressed in MW, as determined under Article V hereof.

Nominated Capacity means, with respect to each year from the Unit Completion Date for an Unit up to the Transfer Date and subject to the operation of Article 7.19 and Section 2 of the Eighth Schedule, the net kilowatt capability nominated by CEPA for such Unit for such year; such nomination shall be made by CEPA on the Unit Completion Date of such Unit and, for each year thereafter, not later than thirty (30) days prior to the anniversary of such Unit Completion Date;

Examples of Nominated Capacity in a sentence

For condition (3), this Default Adjustment Value will be subtracted from the Potential Load Reduction or Nominated Capacity.
Furthermore, Corix may increase the Fixed Charge chargeable to that NDES Customer by an amount equal to Corix’s costs associated with increasing the NDES Customer’s Nominated Capacity.
If Corix, using commercially reasonable efforts, is able to reallocate to other NDES Customers the surplus capacity of which the NDES Customer has notified Corix, Corix shall decrease the NDES Customer’s Nominated Capacity and the NDES Customer shall pay Corix an amount equal to the costs and expenses incurred by 13 In the event the ADES provides energy to the NDES, rates for energy purchases from the ADES will be reflected in an Energy Supply Contract with the ADES.
If an NDES Customer desires a decrease in its Nominated Capacity, it shall notify Corix.
Over-Flow Charge The Interconnected Party shall pay a charge for any Hour in which the metered quantity at a Receipt Point exceeds the Physical MHQ of that Receipt Point (Over-Flow Charge), equal to: Fee × OFQ × 20 where: Fee is First Gas’ highest published fee for Daily Nominated Capacity on the Transmission System (expressed in $/GJ) in the current Year; OFQ, the Over-Flow Quantity, is the greater of: the Hourly metered quantity – Physical MHQ; and zero.
If the net kilowatt capability proven at any such test is lower than that nominated by CEPA, Nominated Capacity shall mean the proven net kilowatt capability for the period commencing on the date of such test until such later date as CEPA is able to prove a higher net kilowatt capability.
At such time when all events described in subparagraphs (i), (ii), (iii), (iv) and (v), above have been cured and no longer exist regarding the affected Plant, the Operator shall perform the performance tests required under Section 5.4(d) and advise PNOC-EDC of the adjusted Nominated Capacity of the Power Plant and thereafter shall receive Capacity Payments based on the adjusted Nominated Capacity.
This test shall be performed at the Operator's election within six (6) months after completion of the annual maintenance on each individual Plant and shall form the basis for determining the Nominated Capacity for the following year under Section 6.13.
Each Unit will be tested on or before its Unit Completion Date and, if required by NPC, on each anniversary thereof, to prove Nominated Capacity at guarantee tests conducted in accordance with Section 4 of the Thirteenth Schedule (Test and Inspection).
PNOC-EDC agrees to pay the Operator for the Nominated Capacity and energy delivered by the Operator at the Points of Interconnection for NAPOCOR Power and Steamfield Power.

More Definitions of Nominated Capacity

Nominated Capacity. The capacity or amount of power that the Operator guarantees in accordance with Section 6.13 to deliver to NAPOCOR on behalf of PNOC-EDC for a period of one year, including the Steamfield Power.

Nominated Capacity means, for each Initial Shipper, that amount of its Allocated Capacity that an Initial Shipper notifies Carrier in the relevant Nomination Month, pursuant to the procedures of Section 3.4(b) of the General Terms and Conditions, will be used by Initial Shipper in the relevant Schedule Months, stated separately by Short-term Haul and Long-term Haul.

Nominated Capacity means the thermal energy capacity stated in Schedule 4, expressed in kW, that the Seller will be capable of delivering to the Point of Interconnection in order to heat the Received System Water to the temperatures stated in Schedule 4 at all times during the Service Term.

Nominated Capacity means the volume of Crude Oil that the Shipper or Third Party requests be transported through the Pipeline according to the communication sent to CENIT during the respective Nomination month in accordance with the procedures set out in the Transporter Manual. Nomination: a Service Request for the Operational Month that specifies the required transportation volume, the Entry Hub, the Exit Hub and the Quality of the Hydrocarbon being transported. For the other Services it means the corresponding Service request formalized by the Shipper for an Operation Month, which specifies the volume required for each Tank, Unloading Platform, Port, and Loading Platform, the Entry Point, the Exit Point, Hydrocarbon Quality and the ownership of the Crude Oil for which storage, unloading, loading at Ports and loading into tank trucks, respectively, has been requested.