Examples of Showing Month in a sentence
Seller’s potential reduction in Contract Quantity for each remaining Showing Month shall equal the product of (i) the applicable Showing Month Contract Quantity and (ii) the total amount (in MW) Unit EFC was reduced since the Confirmation Effective Date, divided by (iii) the Unit EFC as of the Confirmation Effective Date.
Seller’s potential reduction in Contract Quantity for each remaining Showing Month shall equal the product of (i) the applicable Showing Month Contract Quantity and (ii) the total amount (in MW) Unit NQC was reduced since the Confirmation Effective Date, divided by (iii) the Unit NQC as of the Confirmation Effective Date.
If the Product is Contingent Firm RA Product consisting of RA Attributes (and, if applicable, LAR Attributes) but does not include Flexible RA Attributes Seller’s obligation to deliver the applicable Contract Quantity for any Showing Month may also be reduced by Seller if the Unit experiences a reduction in Unit NQC as determined by the CAISO.
If the Unit experiences such a reduction due to UCAP, then Seller shall have the option, but not the obligation, to provide the applicable Contract Quantity for such Showing Month from the same Unit (provided the Unit has sufficient remaining and available Product) and/or Alternate Capacity in accordance with Section 4.5 up to the original Contract Quantity.
If Seller notifies Buyer in writing as to the particular Replacement Units and such Units meet the requirements of this Section 4.5, then such Replacement Units shall be automatically deemed a Unit for purposes of this Confirmation for that Showing Month.