Unit NQC definition
Examples of Unit NQC in a sentence
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.
In connection with such a request, SCE may request that Seller shall cause each Storage Unit’s SC to propose to the CAISO that the Unit NQC or Unit EFC for any Storage Unit be changed.
Seller shall notify SCE within three (3) Business Days after it, or the Storage Unit’s SC, receives notice from the CAISO, or Seller or the Storage Unit’s SC becomes aware, that the Unit NQC or Unit EFC of any Storage Unit has changed, regardless of whether there is an increase or decrease in any such Unit NQC or Unit EFC.
If the Units provide less than the full amount of the Contract Quantity in the event of a Planned Outage or a reduction to Unit NQC, then Seller shall not provide Buyer with Replacement Capacity and Seller is not liable for damages and/or required to indemnify Buyer for penalties, fines or costs pursuant to the terms of Section 5 for the Contract Quantity reductions in Sections 3.3(a) or 3.3(b).
Seller’s obligation to deliver the Contract Quantity for any Showing Month shall be reduced in the event the Unit NQC of a Unit is reduced from the Unit NQC as specified in Appendix A.