Required Capacity definition

Required Capacity. Capacity which the Grantor is required to provision upon request by the Purchaser in accordance with the Network Deployment Plan (and, if applicable, as reflected in specific Service Orders) at the Rates or, in the case of that portion of Required Capacity which is also Designated Off-Net Capacity, at the Off-Net Rate.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Required Capacity means in respect of the Zone, the required MW of generation output, for any specific RCOD, as outlined in Schedule 3.

Required Capacity. Shortfall Carrier," "Sub-DS-3 Backbone Agreement," "Sub-DS-3 Capacity" and "Sub-DS-3 Carrier." Sections 2.2, 2.3, 2.4, 2.5, 2.6, 3.3, 8 and 9.

Examples of Required Capacity in a sentence

Subject to Section 7.3, the Committed Capacity is set at kW, with an expected Capacity Delivery Date on or before the Required Capacity Delivery Date.
Notwithstanding the foregoing, if the Capacity Delivery Date of the Facility is not accomplished by the RF/QF before the Required Capacity Delivery Date (or such later date as may be permitted by DEF pursuant to Section 7), this Contract shall be rendered null and void and DEF shall have no obligations under this Contract.
The Capacity Delivery Date shall be no later than the Required Capacity Delivery Date.
Each Party will bear its own expenses, including attorneys’ fees, and the Parties will share equally the costs and fees of the arbitrator.
In the event that the Capacity Delivery Date does not occur before the Required Capacity Delivery Date, consistent with Section 7.6 herein, DEF shall immediately be entitled to retain the Completion/Performance Security in full.
The Demonstration Period for the first Committed Capacity Test shall commence no earlier than ninety (90) days before the Required Capacity Delivery Date and testing must be completed before the Avoided Unit In-Service Date or an earlier date in Appendix E.
If the Capacity Delivery Date does not occur before the Required Capacity Delivery Date, DEF shall immediately be entitled to draw down the Completion/Performance Security in full in its sole discretion.
For purposes of this Section 10.02(b), terms shall be considered “substantially equal”, “better” or “most favorable” as determined in good faith by Infocomm based upon its needs for the Required Capacity and the price, quality, delivery and other reasonable criteria.
If the Company submits a proposal for such Required Capacity within 10 days after such request, and such proposal would satisfy any or all of the Required Capacity and is on terms that are substantially equal to or better than the most favorable bona fide proposal submitted to Infocomm by any bona fide Third Party alternative providers, Infocomm will purchase the Required Capacity from the Company on the Company’s proposed terms.
Infocomm will purchase the Required Capacity from the Company if, following a reasonable period for such negotiations as is customary in the industry, the Company is able to provide terms that are substantially equal to or better than the most favorable terms offered by other Third Party alternative providers.

More Definitions of Required Capacity

Required Capacity has the meaning given to it in Section 5.1.10 of this Agreement.

Required Capacity means (a) if during the Initial Year, one-hundred thirty percent (130%), and (b) if for each Subsequent Year during the Term, one-hundred twenty five percent (125%),

Required Capacity means the number and type of Biodiversity Units of the

Required Capacity means [ ] MW [Note to bidders: this should be

Required Capacity the amount of the Reserve Capacity required to provide Nitrate Mitigation and/or Phosphate Mitigation for the Development as shall be notified in writing by the Developer to the Owner in accordance with clause 4.1.3

Required Capacity has the meaning set forth in Section 2.4.