Storage Expected Capacity definition

Storage Expected Capacity means [ ] MW [(without giving effect to any resizing (if applicable) according to Section 3.8 and Section 3.9)].
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Examples of Storage Expected Capacity in a sentence

  • Upon such payment, the resizing of the Storage Expected Capacity according to Section 3.8 shall become effective concurrently with the payment required by this Section 3.9.

  • Notwithstanding anything to the contrary, Seller shall use Commercially Reasonable Efforts to achieve Commercial Operation of the Facility at a Nameplate Capacity for the Generating Facility equal to the Expected Capacity and Storage Capacity for the Storage Facility equal to the Storage Expected Capacity.

  • The Parties acknowledge and agree that it is difficult or impossible to determine with precision the amount of damages that would or might be incurred by ▇▇▇▇▇ as a result of Seller’s failure to achieve Commercial Operation on or before the Guaranteed Commercial Operation Date or to achieve (A) a Contract Capacity equal to at least ninety- five percent (95%) of the Expected Capacity and/or (B) a Storage Contract Capacity equal to at least ninety-five percent (95%) of the Storage Expected Capacity.

  • The Parties acknowledge and agree that it is difficult or impossible to determine with precision the amount of damages that would or might be incurred by Buyer as a result of Seller’s failure to achieve Commercial Operation on or before the Guaranteed Commercial Operation Date or to achieve (A) a Contract Capacity equal to at least ninety- five percent (95%) of the Expected Capacity and/or (B) a Storage Contract Capacity equal to at least ninety-five percent (95%) of the Storage Expected Capacity.

  • Notwithstanding anything to the contrary, Seller shall use Commercially Reasonable Efforts to achieve Commercial Operation at a Nameplate Capacity for the Generating Facility equal to the Expected Capacity and Storage Capacity for the Storage Facility equal to the Storage Expected Capacity.

  • It is understood and agreed by the Parties that (i) Buyer shall be damaged by the failure of Seller to meet such obligations, (ii) it would be Formatted: No underline Seller’s failure to achieve (1) a Contract Capacity equal to at least ninety-five percent (95%) of the Expected Capacity or (2) a Storage Contract Capacity equal to at least ninety-five percent (95%) of the Storage Expected Capacity shall constitute, in and of itself, such a breach, default or Event of Default.

  • Operation Date, require Seller to resize (A) the Expected Capacity to the highest COD Capacity Threshold and/or (B) the Storage Expected Capacity to the highest Storage COD Capacity Threshold, in each case, at which Seller satisfies all of the conditions to the Commercial Operation Date.

  • Storage Expected Capacity is below (B) the original Storage Expected Capacity (regardless of the reason for such shortfall, including Force Majeure).

  • The resizing of the Storage Expected Capacity according to Section 3.8 shall become effective concurrently with the payment required by this Section 3.9.