Reliability Requirement definition

Reliability Requirement has the meaning set forth in Section 6.7.8.2.
View Source

Examples of Reliability Requirement in a sentence

  • Percentage Internal Resources Required shall mean, for purposes of an FRR Capacity Plan, the percentage of the LDA Reliability Requirement for an LDA that must be satisfied with Capacity Resources located in such LDA.

  • As a condition of achieving Final Completion, each and every Unit shall achieve all Performance Guarantees and the Starting Reliability Requirement as described in greater detail in this Section 12.

  • The Performance Test to determine whether the Starting Reliability Requirement is achieved for each Unit is generally described in Section 3.5 of this Attachment S.

  • The Project shall also be designed so as to be capable of satisfying the Performance Tests and the Reliability Requirement.

  • These amounts are agreed upon and fixed as liquidated damages because of the difficulty of ascertaining as of the date hereof the exact amount of damages that would be sustained in such event and are Owner’s sole monetary damage remedy for Contractor’s failure to achieve the full Performance Requirements and the full Reliability Requirement.

  • As liquidated damages for the failure to achieve the full Performance Requirements and the full Reliability Requirement as demonstrated by the results of the most recent Completed Performance Test and Completed Reliability Test, certified by the Financing Engineer, Contractor shall pay the following liquidated damages (the “Buy Down Amount”) based on the results of such recent Completed Performance Test and Completed Reliability Test.

  • The Percentage Internal Resources Required will be calculated as the LDA Reliability Requirement less the CETL for the Delivery Year, as determined by the RTEP process as set forth in the PJM Manuals.

  • In the event that any Unit fails to achieve the Starting Reliability Requirement, as evidenced by the Performance Test results for the Starting Reliability Requirement, then such failure shall be considered a Defect in accordance with Article 13 and Contractor and Owner shall have the rights and obligations set forth therein with respect to correcting such Defect.

  • In the event any Unit fails to meet the Starting Reliability Requirement, Contractor shall have the obligations set forth in Section 12.7C of the Agreement.

  • The Performance Tests will be conducted to determine whether the Minimum Acceptance Criteria, the Performance Guarantees and the Starting Reliability Requirement are achieved for each Unit of the Facility.

Related to Reliability Requirement

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Reliability Standards means the criteria, standards, rules and requirements relating to reliability established by a Standards Authority.

  • Reliability Standard means a requirement to provide for reliable operation of the bulk power system, including without limiting the foregoing requirements for the operation of existing bulk power system facilities, including cybersecurity protection, and the design of planned additions or modifications to such facilities to the extent necessary for reliable operation of the bulk power system, but shall not include any requirement to enlarge bulk power system facilities or to construct new transmission capacity or generation capacity.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.