Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).
Performance Measurement Period means, with respect to any Performance Goal, the period of time over which attainment of the Performance Goal is measured.
Performance Measurement Period has the meaning set forth in Section 11.1. “Performance Tolerance Band” shall be calculated as set forth in Section 14.2.2. “Permitting Delay” has the meaning set forth in Section 1.1.2.1.
Examples of Performance Measurement Period in a sentence
If Seller has a GEP Failure, then within ninety (90) days after the last day of the last month of such Performance Measurement Period, Buyer shall notify Seller of such failure.
More Definitions of Performance Measurement Period
Performance Measurement Period shall be each two (2) consecutive Contract Year period during the Delivery Term, except for geothermal, which shall be each Contract Year, all calculated on a rolling basis. For purposes of determining whether Seller has achieved the Guaranteed Energy Production, Seller shall be deemed to have delivered to Buyers (i) any Deemed Delivered Energy and (ii) Energy in the amount it could reasonably have delivered to Buyers but was prevented from delivering to Buyers by reason of Force Majeure Events, System Emergency, and Curtailment Periods (the “Adjusted Energy Production”). If Seller fails to achieve the Guaranteed Energy Production amount in any Performance Measurement Period, Seller shall pay Buyers liquidated damages equal to (a) the difference of the Guaranteed Energy Production less the Adjusted Energy Production, multiplied by (b) the replacement price for the energy and RECs less the Contract Price. No payment shall be due if the calculation yields a negative number.
Performance Measurement Period means a performance cycle of one or more fiscal years of the Company. The initial Performance Measurement Period shall be 2000-2002 (inclusive).
Performance Measurement Period means each two (2) consecutive Contract Years commencing with the first Contract Year so that the first Performance Measurement Period shall include Contract Years 1 and 2. Performance Measurement Periods shall overlap, so that if the first Performance Measurement Period is comprised of Contract Years 1 and 2, the second Performance Measurement Period shall be comprised of Contract Years 2 and 3, the third Performance Measurement Period shall be comprised of Contract Years 3 and 4, and so on; provided, a new Performance Measurement Period shall begin following any Performance Measurement Period for which Seller pays any liquidated damages or provides any Replacement Product under Section 4.7. Thus, for example, if Seller pays any liquidated damages or provides any Replacement Product under Section 4.7 for the Performance Measurement Period that is comprised of Contract Years 4 and 5, the next Performance Measurement Period shall be comprised of Contract Years 6 and 7.
Performance Measurement Period means each two (2) consecutive Contract Year period during the Delivery Term.
Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii). [For Baseload and As-Available Product only] “Performance Tolerance Band” shall be calculated as set forth in Section 4.5(c)(ii).
Performance Measurement Period means a three-year period commencing on January 1 and ending on the third December 31 thereafter. There shall be overlapping Performance Measurement Periods. The first Performance Measurement Period under the Plan will commence on January 1, 2019 and subsequent Performance Measurement Periods will commence on each January 1 thereafter while the Plan is effective.
Performance Measurement Period means a three-year period commencing on August 1 and ending on the third July 31 thereafter. There may be overlapping Performance Measurement Periods. The first Performance Measurement Period under the Plan shall commence on August 1, 2016 and shall end July 31, 2019.