Peaker definition

Peaker means (a) a quickstart gas-fired simple cycle electric generation plant; or (b) on any date, any electric generation plant which is projected, in the then most recent Independent Market Consultant report delivered pursuant to Article III or Section 5.01(r), to have an average Capacity Factor of less than 20% during the Remaining Base Case Period.
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Examples of Peaker in a sentence

  • Anacapa Land Company, LLC ▇▇▇▇▇▇▇▇ Springs Energy Company Auburndale Peaker Energy Center, LLC Aviation Funding Corp.

  • MAEM will maintain an asset management book for Project Company and Mirant Peaker, LLC (the “Non-MIRMA Asset Book”) to track and measure the financial performance of all ▇▇▇▇▇▇ and other transactions entered into with respect to the Generating Station, the generating station owned by Mirant Peaker, LLC, and, unless otherwise agreed by the Parties, transactions entered into related to the Makewhole Reimbursement Agreement dated September 1, 2001 between Mirant Americas, Inc.

  • For the purpose of these terms and conditions, Virtual Peaker is defined as an affiliate.

  • Unless otherwise designated in writing by Project Company and Mirant Peaker, LLC, transactions in the Non-MIRMA Asset Book will be allocated solely to Mirant Americas, Inc.

  • To be agreed between the Borrower and t▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Engineer and Environmental Consultant (acting on the instructions of the Majority Lenders) with respect to each Subsequent Project which is a Peaker on or prior to the first Utilization relating thereto.

  • Account Funds in the Peaker Collateralization Account shall be applied solely in connection with an exercise of remedies by the Collateral Agent following the occurrence and during the continuation of an Issuer Event of Default.

  • If the Issuer elects to effect a Peaker Collateralization, the Issuer shall deposit the amount described in the definition thereof into the Peaker Collateralization Account.

  • NRG California Peaker Operations LLC NRG Cedar Bayou Development Company, LLC NRG Connecticut Affiliate Services Inc.

  • THE GUARANTORS SET FORTH ON ANNEX I & II TO THIS SIGNATURE PAGE By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Chief Financial Officer THE GUARANTORS SET FORTH ON ANNEX III & IV TO THIS SIGNATURE PAGE By: /s/ HETHER ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: Hether ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President Anacapa Land Company, LLC ▇▇▇▇▇▇▇▇ Springs Energy Company Auburndale Peaker Energy Center, LLC Aviation Funding Corp.

  • The Issuer may satisfy its obligation to make or maintain a deposit of Account Funds in the Debt Service Reserve Account, the Acquisition Indemnity/Performance LD Reserve Account, the Peaker Collateralization Account and the NRG Claim Settlement Account or to make or maintain a Cash Collateral Deposit pursuant to the Parent Agreement by posting an Acceptable Letter of Credit in lieu thereof.

Related to Peaker

  • Ash means all species of the genus Fraxinus.

  • Pruning means the removal, as appropriate, of not more than one-third of the live branches or limbs of a tree in accordance with Good Arboricultural Practice.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • Hot water means an aquatic venue with a water temperature over 90oF (32oC).

  • Peak where applicable, has the meaning ascribed to it in Schedule 5;