Primary Reserve Requirement definition

Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manuals.
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Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manuals. Prior CIL Exception External Resource:
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Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve, absent any increase to account for
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Examples of Primary Reserve Requirement in a sentence

  • RGH Contributions shall be equal to fifty percent (50%) of the Primary Reserve Requirement or any portion thereof in excess of the reported Primary Reserve balance.

  • On the Effective Date, RGH shall contribute funds in the amount of $2,537,000 to the Primary Reserve in satisfaction of RGH’s obligations with respect to the initial Primary Reserve Requirement.

  • Thereafter, if, on any Distribution Date, the reported Primary Reserve Requirement exceeds the reported Primary Reserve balance, Reorganized RFSC shall deposit into the Primary Reserve the RGH Contributions in the amounts necessary to satisfy RGH’s obligations with respect to the Primary Reserve Requirement.

  • Reorganized RFSC shall indemnify each Indemnified Advisor to the fullest extent permitted by Delaware law; provided, that Reorganized RFSC shall satisfy such indemnification obligations only after satisfying (i) its Reimbursement Obligations; (ii) its obligation to fund fifty percent (50%) of the Primary Reserve Requirement; and (iii) its obligation to fund the Development Reserve.

  • On the Effective Date, Reorganized RFSC shall borrow funds from RGH in the aggregate principal amount of $2,537,000 in connection with the RGH Term Loan, to be deposited into the Primary Reserve in satisfaction of Reorganized RFSC’s obligations with respect to the initial Primary Reserve Requirement.


More Definitions of Primary Reserve Requirement

Primary Reserve Requirement means the demand for Primary Reserves in a Reserve Zone or Reserve Sub-zone, as defined by the Operating Reserve Demand Curve for Primary Reserve. The requirement can be satisfied by any combination of Synchronized Reserve or Non- Synchronized Reserve resources.
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Primary Reserve Requirement means the megawatts required to be maintained in a Reserve Zone or Reserve Sub-zone as Primary Reserve absent any increase to account for additional reserves scheduled to address operational uncertainty. The Primary Reserve Requirement is calculated in accordance with the PJM Manualsdemand for Primary Reserves in a Reserve Zone or Reserve Sub-zone, as defined by the Operating Reserve Demand Curve for Primary Reserve. The requirement can be satisfied by any combination of Synchronized Reserve or Non-Synchronized Reserve resources.
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Primary Reserve Requirement means the megawatts required to be maintained in a
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Related to Primary Reserve Requirement

  • Reserve Requirement means, with respect to an Interest Period, the maximum aggregate reserve requirement (including all basic, supplemental, marginal and other reserves) which is imposed under Regulation D on Eurocurrency liabilities.

  • Primary Reserve means the total reserve capability of generation resources that can be converted fully into energy or Demand Resources whose demand can be reduced within ten minutes of a request from the Office of the Interconnection dispatcher, and is comprised of both Synchronized Reserve and Non-Synchronized Reserve.

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.