PAC test definition
Examples of PAC test in a sentence
If the effective performance ratio disclosed by the PAC test and/or the First Reassessment Test and/or the Second Reassessment Test is less than the MGPR, the Contractor shall pay to the Principal Performance Liquidated Damages equal to Euro 7.5 per kWp (seven point five), per each percentage point which is lower than the value indicated in the MGPR.
To the extent there are delays in receiving the joint program cost- effectiveness details from other utilities, the Companies may file the joint TRC and PAC test results after the initial Plan filing, but no later than April 15, 2021.
Whenever cost effectiveness is to be evaluated under this Agreement: (a) the LDC will cooperate with the IESO in running the PAC test, including by promptly providing all information reasonably requested by the IESO; and (b) the IESO will promptly notify the LDC of the resultant score of the PAC test, including supporting calculations.
To the extent there are delays in receiving the joint program cost-effectiveness details from other utilities, Nicor Gas may file the joint TRC and PAC test results after the initial Plan filing, but no later than April 15, 2021.
The Company agrees to present portfolio TRC and PAC test results both with and without income qualified programs as part of its 2022-2025 Plan filing.
To the extent there are delays in receiving the joint program cost-effectiveness details from other utilities, Nicor Gas may file the joint TRC and PAC test results after the initial Plan filing, but no later than April 15, 2025.
Whenever cost effectiveness is to be evaluated under this Agreement: (a) the LDC will cooperate with the OPA in running the PAC test, including by promptly providing all information reasonably requested by the OPA; and (b) the OPA will promptly notify the LDC of the resultant score of the PAC test, including supporting calculations.
The Company agrees to present portfolio TRC and PAC test results both with and without income qualified programs as part of its 2026-2029 Plan filing.