Non-Performance Charge definition

Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e).
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Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, §section 10A(e).
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Non-Performance Charge. (or “NPC”) in respect of the Facility which will be calculated and, if applicable, charged on an annual basis during the Term and included in the Monthly Payment corresponding to the first Settlement Month of a Contract Year starting after the end of the third Contract Year. Except as expressly set forth below, all references to Sections are to Sections of the Agreement.
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Examples of Non-Performance Charge in a sentence

  • Except for the Supplier Event of Default set out in Section 10.1(j), and subject to Supplier’s compliance with the other requirements set out in this Agreement (including the obligation to operate and maintain the Facility in accordance with Good Engineering and Operating Practices), the Non-Performance Charge shall be the sole and exclusive remedy for the Supplier’s failure to satisfy the Minimum Performance Factor.


More Definitions of Non-Performance Charge

Non-Performance Charge or “NPC” means the monthly non-performance factor set out in Exhibit F.
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Non-Performance Charge has the meaning contained in the PJM Open Access Transmission Tariff.
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Related to Non-Performance Charge

  • Non-Performing Loans means, with respect to any Bank Subsidiary at any time, the aggregate principal amount (including any capitalized interest) of all nonaccruing loans of such Bank Subsidiary plus the aggregate principal amount of all loans of such Bank Subsidiary that are ninety (90) days or more past due and still accruing minus the Guaranteed Loan Amount of such Bank Subsidiary, in each case at such time.

  • Worst Performance (m) means the Performance of the Basket Componentj (m) specified as follows:

  • Non-Performing Party The Party who is in breach of, or is otherwise failing to perform, its obligations under this Agreement.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.