Residual Capacity definition
Examples of Residual Capacity in a sentence
The Battery shall in any case be considered as faulty when its Residual Capacity is less than 60% of its rated energy (at the Battery unit level).
If the Purchaser acquires an IRU in any Residual Capacity, the terms contained herein binding on the Purchaser with respect to Purchased Capacity shall be binding on the Purchaser with respect to such Residual Capacity.
The City represents that such covenant could save the City a substantial amount of money and is therefore willing, and hereby agrees, to repay the Agency all amounts budgeted and appropriated by the Agency from Residual Capacity and deposited into the CRA Reserve Fund; provided, however that such repayment obligation is limited to payments from Contract TDT Revenues in the manner and to the extent permitted in the Community Venues Interlocal Agreement and as provided in the Indenture.
The City understands and acknowledges that this covenant by the Agency and any proceeds paid from Residual Capacity for deposit into the CRA Reserve Fund and available for debt service on the Bonds will provide a material benefit to the marketability of the Bonds and to the Bondholders in the event of any deficit in the flow of Contract TDT Revenues.
The City understands and acknowledges that any such amendment can and will have an immediate effect on the Agency’s Residual Capacity.