Unit Contract Quantity definition
Examples of Unit Contract Quantity in a sentence
Seller retains the right to sell any Product from a Unit in excess of its Unit Contract Quantity.
In such an event, the Unit Contract Quantity for such Unit shall be reduced by the product of (i) the difference in the Unit NQC as specified in Appendix A and the then current Unit NQC and (ii) the applicable Prorated Percentage of Unit Factor for such Unit.
Seller shall, or cause each Unit’s SC to, submit to Buyer, a schedule of proposed Planned Outages for the Unit Contract Quantity, if any, that will occur during the Delivery Period, (“Planned Outage Schedule”), on each of the following dates during the Contract Term (i) the Confirmation Effective Date, (ii) thirty (30) days before the applicable year-ahead Compliance Showings, and (iii) no later than January 1, April 1, July 1 and October 1 of each calendar year.
Subject to Buyer’s request under Section 3.9(a), and except to the extent any Unit is in an Outage, Seller shall, or cause each Unit’s SC to, bid and/or schedule with, or make available to, the CAISO the Unit Contract Quantity for each Unit in compliance with the Tariff, and shall, or cause each Unit’s SC, owner, or operator, as applicable, to perform all obligations under the Tariff that are associated with the sale and delivery of Product hereunder.
Any person residing with the Purchaser(s) may be given the facility to become additional member to the extent and on the terms prescribed by the managing committee of the Club.
If a Unit is scheduled for a Planned Outage for the applicable Showing Month, the Unit Contract Quantity for the Unit shall be reduced by the product of (i) the unavailable capacity and (ii) the applicable Prorated Percentage of Unit Factor for such Unit.
No later than five (5) Business Days before the relevant deadline for each Compliance Showing, Buyer may request that Seller not, or cause each Unit’s SC not to, list a portion or all of a Unit’s applicable Unit Contract Quantity on the Supply Plan.
The amount of Unit Contract Quantity that is the subject of such a request shall be known as “Substitute Capacity” and, for purposes of calculating a Monthly Payment pursuant to Section 4.1, such Substitute Capacity shall be deemed as Unit Quantity provided consistent with Section 3.6.
Within twenty (20) Business Days after its receipt of a Planned Outage Schedule, Buyer shall Notify Seller of any reasonable request for changes to the Planned Outage Schedule, and Seller shall, to the extent consistent with Good Utility Practices, accommodate Buyer's requests regarding the timing of any Planned Outage for the Unit Contract Quantity.
If any portion of the Unit Contract Quantity of any Unit providing a Contingent Firm RA Product is not available after the Confirmation Effective Date for reasons other than a Non-Excusable Event, the Unit Contract Quantity shall be adjusted to the product of the Unit's (a) RA Capacity following adjustment, and (b) Prorated Percentage of Unit Factor, provided that the resulting Unit Contract Quantity shall not exceed the original Unit Contract Quantity on the Confirmation Effective Date.