reduced capacity definition
reduced capacity means the difference between the initial installed capacity of a sub-installation and the installed capacity of that same sub-installation after having had a significant capacity reduction determined on the basis of the average of the 2 highest monthly production volumes within the first 6 months following the start of changed operation;
reduced capacity this is defined as the period of time (excluding any periods of Plant Unplanned Outage) where the Plant is available to deliver synthesis gas or does deliver synthesis gas, but less than (nor deemed to be producing up to) the Guaranteed Capacity. An outage or reduction in capacity caused by the following circumstances shall NOT be considered a Plant Unplanned Outage, nor a circumstance of any of a Reduced Capacity: EXECUTION VERSION
reduced capacity means local or regional lowering of water table or reduction in aquifer capacity not attributable to climatic variations or increased activity unrelated to the oil and gas exploration or production.
Examples of reduced capacity in a sentence
If Seller has not achieved Commercial Operation of the Facility at the Expected Nameplate Capacity on or before one hundred twenty (120) Days after the Commercial Operation Date, then no later than one hundred fifty (150) Days after the Commercial Operation Date, Seller shall pay to EPE as liquidated damages and not as a penalty the amount of [_______ Dollars ($_____)] per MW of Reduced Capacity (“Capacity Shortfall Damages”).
More Definitions of reduced capacity
reduced capacity means, as of the determination date, the difference between the Expected Nameplate Capacity and the Nameplate Capacity.
reduced capacity means the difference between the initial installed capacity of a sub-installation and the installed capacity of that same sub-installation after having had a significant capacity reduction determined on the basis of the
reduced capacity means in respect of any Reduced Capacity Hour, 50,000kW minus the amount of Electricity nominated by Goro Nickel in respect of that Reduced Capacity Hour in the Goro Nickel Schedule;