Supply Guarantee definition

Supply Guarantee has the meaning as set forth in Exhibit B.
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Supply Guarantee means for each Delivery Period throughout the Term of the DSS Contract, the agreement of the Seller to guarantee delivery to the Delivery Point of Energy Output in an amount at least equal to the applicable Minimum Energy Quantityfor such Delivery Period.
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Examples of Supply Guarantee in a sentence

  • Notwithstanding any of the foregoing regarding the calculation of LDs for Deficient Energy, if Seller fails to deliver all or part of the Supply Guarantee as referenced above within any particular Delivery Period and if a RES has been enacted and is in effect with regard to that Delivery Period, Seller shall transfer to TVA, at no cost to TVA, the corresponding amount of RECs, regardless of whether Seller owes a LD payment to TVA under the provisions above in this Exhibit C.

  • If the kWh of energy actually delivered to the Delivery Point by Seller to TVA under this Agreement (“Actual Supply”) is not sufficient to meet the Annual Supply Guarantee for the Delivery Period in question (such shortfall being referred to herein as “Deficient Energy”), Seller shall pay liquidated damages to TVA with respect to such Annual Supply Guarantee: (i) with respect to Deficient Energy, and (ii) with respect to RECs associated with the amount of the Deficient Energy, if applicable.

  • The manner of calculating the Supply Guarantee is attached as Exhibit B.

  • Commencing on the Initial Delivery Date, Seller shall guarantee the supply of sufficient Energy Output (in kWh) to TVA during each Delivery Period so as to meet or exceed Annual Supply Guarantee for such Delivery Period.

Related to Supply Guarantee

  • Subsidiary Guarantee means the guarantee of the Notes by each Subsidiary Guarantor under this Indenture.

  • Guarantee used as a verb has a corresponding meaning.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.