ZRC definition
Examples of ZRC in a sentence
If the Seller has only entered into this Confirmation Agreement and other capacity only or ZRC only Fixed Price Customer Supply Contracts, then the Total Exposure Amount shall be rounded up to the nearest $10,000 and the “Minimum Transfer Amount” shall equal $10,000.
ZRC, hereinafter PEZ); and, in general, other sustainable forms of organisation of the rural population and economy.
Seller shall accomplish delivery of the Contract Quantity for a particular Planning Year by submitting the appropriate transaction(s) in the MECT and ensuring that sufficient ZRCs are available in Seller’s MECT account to allow Buyer to confirm the ZRC transaction as soon as practicable, but no later than 12:00 p.m. (noon) Central Prevailing Time on the February 14th that immediately precedes the applicable Planning Year (the “Delivery Deadline”) and giving prompt written notice to Buyer of such submittal.
In the event Seller’s facility is aggregated with other like technologies for the purpose of awarding ZRCs or MW/day, Seller will receive the ZRC or MW/day value pro-rata, on a percentage basis, for its contribution to the aggregated facilities.
At Buyer’s sole discretion, Seller’s Plant may be aggregated with like technologies to determine the ZRC or MW/day value.
Buyer expects to receive a quantity of Facility MISO Capacity Credits that equals or exceeds the Applicable ZRC Fraction (as defined below) of the Guaranteed Capacity for each Relevant MISO Planning Period.
Coordinator is not expected to contribute to supply costs of ZRC workshops or meetings.
If Coordinator wishes to incur an expense related to the services, Coordinator must obtain prior approval of the expenditure from the ZRC.
The Coordinator is not an agent of the Clients or any of the organizations who participate in the ZRC.
That regional group was active until 2015 when the Zion Regional Collaborative (ZRC) was formed as a successor to the ZC3.