Power purchase commitment definition

Power purchase commitment means a commitment or obligation of a utility to purchase electric power from a facility pursuant to:
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Power purchase commitment means a commitment or obligation of a utility to purchase electric power from a facility pursuant to any of the following:
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Power purchase commitment means a commit- ment or obligation of a utility to purchase electric power from a facility pursuant to:
Sample 1Sample 2Sample 3

Examples of Power purchase commitment in a sentence

  • CSF can review the credit facilities offered to its customers at any time, so it is classified as short term;− CSF has other credit facilities such as “personal loans”, but subject to previous approval, to be granted and formed with customers.The ones related to operations include:− Power purchase commitment of up to 5 years;− Several commitments arising from commercial contracts (such as, for example, contracting media services); and− Other commitments undertaken.


More Definitions of Power purchase commitment

Power purchase commitment under 40 CFR 72.2 means, among other things, (1) an obligation of a utility to purchase electric power (actual electrical output or generator output capacity) from a facility pursuant to a letter of intent committing to purchase power from the source at a previously offered or lower price and (2) a power sales agreement applicable to the source is executed no later than November 15, 1993.
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Related to Power purchase commitment

  • Purchase Commitment means a written commitment, in form and substance satisfactory to Lender, issued in favor of Borrower by an Investor under which that Investor commits to purchase Mortgage Loans or Mortgage-backed Securities.

  • Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.

  • Power Purchase Agreement or "PPA"" shall mean this Power Purchase Agreement including its recitals and Schedules, amended or modified from time to time in accordance with the terms hereof.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.