Production Guarantee definition
Examples of Production Guarantee in a sentence
If the Production Monitor breaks or malfunctions other than as a result of your actions or the actions of any other person unrelated to Sunrun, Sunrun will, in good faith, estimate the amount of electric energy actually produced during the malfunction in order to determine whether you are owed a payment under the Production Guarantee set forth in Section D.
To the extent the Production Monitor has any inaccuracies during any given period as a result of your actions or the actions of any other person unrelated to Sunrun (including, without limitation, any failure to maintain internet connection or cellular service as provided in clause (iv) above), Sunrun will deem that the Solar System has produced 100% of Estimated Output during such period for purposes of the Production Guarantee set forth in Section D.
For avoidance of doubt, the values set forth for “Estimated Guarantee Period Production” in this Table 1 are estimates only, and, except as the terms are used in calculating the Production Guarantee, Seller does not provide any other guarantee of production of electric energy by the System.
This output warranty is in addition to the Energy Production Guarantee in Section 2(b)(i) of this Exhibit 2 and you will be provided a refund check for underproduction as set forth in Section 2(b)(i).
PV Production Guarantee: Contractor anticpates that the System will produce the Expected Electricity Production (EEP) set forth below and guarantees that Electricity Production (EP) will not be less than the Guaranteed Electricity Production (GEP), ___% of the EEP as shown in Table 1.
The Producer shall give the District Council notice no later than 30 days prior to the start of principal photography of its intention to provide a Production Guarantee.
If cellular service is not available then (A) we will not be able to monitor the System and provide you with the Power Production Guarantee; and (B) you will be required to provide Sunnova with annual production information from your inverter.
At the District Council entire discretion and notwithstanding article 12.8 (a), the Producer shall not be required to post as security a cash bond, or letter of credit, but shall instead be entitled to provide the District Council with a Production Guarantee from the company holding the copyrights to the film, as per Annex 5, Production Guarantee.
Energy Savings Report ENGIE Services U.S. will provide a detailed reconciliation of the Production Guarantee to Customer annually, within ninety (90) days after the end of each Measurement Period.
This output warranty is in addition to the Energy Production Guarantee in Section 2(c)(i) of this Exhibit 2 and you will be provided a refund check for underproduction as set forth in Section 2(c)(i).