Power Factor Adjustment definition

Power Factor Adjustment means an adjustment in the billing under the Rate Schedule if the Facility’s Power Factor varies from the specified range of percentages set forth herein.

Examples of Power Factor Adjustment in a sentence

  • If a Power Factor is equal to or in excess of ninety-five (95%) Lagging, then no Power Factor Adjustment is made.

  • If a Power Factor is equal to or in excess of ninety-five percent (95%) Lagging, then no Power Factor Adjustment is made.

  • In a month for which a System Power Factor Adjustment is applied, the Customer is billed a System Power Factor Demand Charge.

  • The System Power Factor Adjustment is applied, as specified below, when customer’s Measured Demand is greater than 100 kW for 4 of 12 consecutive billing months.

  • The System Power Factor Adjustment is not applied if the Measured Demand remains below 100 kW for 12 consecutive months.Billing Demand Definitions: The Monthly Billing Demand shall be the Measured Demand for the current month after adjusting for losses, if applicable.

  • Any leading kilovolt-ampere hours supplied during the same period will not be considered in determining the Average Lagging Power Factor.System Power Factor Adjustment: Company reserves the right to determine the power factor of the customer installation served hereunder.

  • Should the Average Lagging Power Factor during the month be determined to be below 90%, the System Power Factor Adjustment shall be equal to the sum of minus one (-1) plus the ratio of 90% divided by the Average Lagging Power Factor.

  • The System Power Factor Demand, if applicable, is calculated for billing purposes as the product of the System Power Factor Adjustment multiplied times the Monthly Billing Demand.Demand Related Charges: In a month for which a System Power Factor Adjustment is applied, the Customer is billed a System Power Factor Charge.

  • Power Factor Adjustment The Member agrees to maintain a unity of power factor as nearly as practicable.

  • Power Factor Adjustment The Member agrees to maintain a unity power factor as nearly as practicable.

Related to Power Factor Adjustment

  • SOFR Adjustment means 0.10% (10 basis points) per annum.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Generator to Load Distribution Factor or “GLDF” shall mean a generator’s impact on a Flowgate while serving load in that generator’s Balancing Authority Area.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Multiplier means 1.0.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Reserve Penalty Factor means the cost, in $/MWh, associated with being unable to meet a specific reserve requirement in a Reserve Zone or Reserve Sub-zone. A Reserve Penalty Factor will be defined for each reserve requirement in a Reserve Zone or Reserve Sub-zone.

  • taxi rank means a building or land where three or more taxis load or unload passengers;

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time.

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.