Examples of Nominated Capacity in a sentence
The NOMINATED CAPACITY may be revised at any time by agreement of the PARTIES.
If the conditions of Section 3.2 hereof are satisfied or PECO otherwise desires to purchase some or all of the NOMINATED CAPACITY, then PECO shall tender to SELLER an ACTIVATION NOTICE specifying the commencement date, duration, amount of NOMINATED CAPACITY which PECO elects to purchase from SELLER as DESIGNATED CAPACITY and the initial value of the CREDIT described in Section 4.2 hereof.
Any purchase of NOMINATED CAPACITY by PECO from FACILITY after the term of this ADDENDUM shall be at prices, terms and conditions agreed upon by PECO and SELLER.
PECO may specify levels of DESIGNATED CAPACITY that vary over different time periods, but in no event shall DESIGNATED CAPACITY exceed NOMINATED CAPACITY.
Additionally, PECO may at its sole discretion purchase NOMINATED CAPACITY for any reason at any time.
Such inclusion shall not obligate PECO to purchase any of said NOMINATED CAPACITY.
Pursuant to Section 3.3(b) hereof, SELLER and PECO may commit to a purchase of DESIGNATED CAPACITY in excess of NOMINATED CAPACITY at the time the commitment is made, but not exceeding the maximum NOMINATED CAPACITY according to Section 5.1 hereof.
PECO may, at its sole discretion, include the NOMINATED CAPACITY of the FACILITY in PECO's future planning.
In the event of an EXTERNAL SALE, the proposed DESIGNATED CAPACITY shall be the lesser of the NOMINATED CAPACITY of the FACILITY or the amount by which the EXTERNAL SALE exceeds OTHER SOURCES, and the duration shall, subject to the condition specified in the preceding sentence, be no less than that of the EXTERNAL SALE.
When (a) the conditions specified in Section 3.2 hereof are satisfied,.(b) an ACTIVATION NOTICE is tendered and accepted per Section 3.3 hereof, and (c) SELLER otherwise complies with its obligations under this ADDENDUM, then the amount of NOMINATED CAPACITY accepted by SELLER according to Section 3.3 hereof shall be DESIGNATED CAPACITY, which SELLER shall provide to PECO under the terms of this ADDENDUM.