Demonstration of Contract Capacity Sample Clauses

Demonstration of Contract Capacity a) Unless Buyer provides timely Notice to Seller that additional days are required to substantiate data, Buyer shall, within thirty (30) days after Seller’s Notice of the Demonstration Hour, retrieve interval data downloaded from the meter specified in Section 5.2.1 or Check Meter, as applicable, for the twelve (12) hour periods before and after the Demonstration Hour; and
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Demonstration of Contract Capacity. Subject to Section 4 of this Appendix M, Buyer shall complete a Site visit on the Demonstration Date to verify that the Facility was developed in accordance with the Facility and Site description set forth in Appendix E and to determine the Demonstrated Contract Capacity [and Installed DC Rating [solar photovoltaic technology]]. [for solar photovoltaic and wind technologies]
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Demonstration of Contract Capacity. (a) Unless SCE provides timely Notice to Seller that additional days are required to substantiate data, SCE shall, within thirty (30) days after Seller’s Notice of the Demonstration Hour, retrieve interval data downloaded from the CAISO Approved Meter or Check Meter for the twelve (12) hour periods before and after the Demonstration Hour; and
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Demonstration of Contract Capacity. (i) On or before the Firm Operation Date and after Seller has achieved Initial Operation, Seller shall provide notice to SCE stating the date and hour selected by Seller during which Seller wishes to demonstrate the capacity of the Generating Facility (the “Demonstration Hour”).
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Demonstration of Contract Capacity. Unless Buyer provides timely Notice to Seller that additional days are required to substantiate data, Buyer shall, within thirty (30) days after Seller’s Notice of the Demonstration Hour, retrieve interval data downloaded from the meter specified in Section 6.2.1 or Check Meter, as applicable, for the twelve (12) hour periods before and after the Demonstration Hour; and Buyer may, at its sole discretion, complete a Site visit within thirty (30) days after Buyer’s receipt of Seller’s Notice of the Demonstration Hour to verify that the Facility was developed in accordance with the Facility and Site description set forth in Appendix E. [for technologies other than solar photovoltaic and wind]
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Demonstration of Contract Capacity. (a) Unless SCE provides timely Notice to Distributed Generator that additional days are required to substantiate data, SCE shall, within thirty (30) days after Distributed Generator’s Notice of the Demonstration Hour, retrieve interval data downloaded from Distributed Generator’s generation meter or other telemetry to verify Contract Capacity during the Demonstration Hour; and
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Demonstration of Contract Capacity. Seller shall demonstrate the ability of the Generating Facility to provide JCP&L Base Capacity within 30 days after the Effective Date. Thereafter, twice annually at JCP&L's request, Seller shall, once during On-Peak Period summer months and once during On-Peak Period winter months demonstrate the ability of the Generating Facility to provide Base Capacity for such period of time as is required by PJM from time to time for all PJM suppliers. Seller's demonstration of Base Capacity shall be at Seller's expense (except for the cost of fuel) and conducted at a time and pursuant to procedures as may be required by applicable GPU System rules, regulations and guidelines. JCP&L and Seller agree to use their reasonable best efforts to cause the capacity demonstration to be scheduled as early as practicable in each peak period. If Seller fails to demonstrate the ability of the Generating Facility to provide at least 90% of the Base Capacity, the Capacity Component of the price to be paid for Electricity pursuant to Article 8.1 thereof shall be reduced to the following amount until Seller is able to demonstrate the ability to provide at least 90% of the Base Capacity: Demonstrated Capacity x 5.97 cents/kWh Base Capacity If Seller does not demonstrate the ability of the Generating Facility to provide at least 90% of the Base Capacity during the applicable On-Peak Period, then a retroactive reduction of the Capacity Component of the price to be paid for Electricity pursuant to Article 8.1 based upon the above formula will be applied to the entire applicable On-Peak Period. However, should Seller's failure to demonstrate the ability of the Generating Facility to provide 90% of Base Capacity be caused by a "force majeure" event as defined in Article 12 hereof, the provisions of this Article 8.4 for Base Capacity shall not apply until the "force majeure" has ceased to exist. As part of the foregoing Capacity Test, Seller shall demonstrate the ability of the Generating Facility to provide JCP&L the Dispatchable Capacity. This test shall be conducted pursuant to procedures as may be required by applicable GPU System rules, regulations and guidelines. If Seller fails to demonstrate the ability of the Generating Facility to provide the sum of the Base Capacity and 90% of the Dispatchable Capacity, the Facility will be considered in either a full or partial Forced Outage for Contract Availability calculation purposes. This Forced Outage will remain in effect until the sum of...
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Related to Demonstration of Contract Capacity

  • BUSINESS CONTINUITY/DISASTER RECOVERY In the event of equipment failure, work stoppage, governmental action, communication disruption or other impossibility of performance beyond State Street’s control, State Street shall take reasonable steps to minimize service interruptions. Specifically, State Street shall implement reasonable procedures to prevent the loss of data and to recover from service interruptions caused by equipment failure or other circumstances with resumption of all substantial elements of services in a timeframe sufficient to meet business requirements. State Street shall enter into and shall maintain in effect at all times during the term of this Agreement with appropriate parties one or more agreements making reasonable provision for (i) periodic back-up of the computer files and data with respect to the Trusts; and (ii) emergency use of electronic data processing equipment to provide services under this Agreement. State Street shall test the ability to recover to alternate data processing equipment in accordance with State Street program standards, and provide a high level summary of business continuity test results to the Trusts upon request. State Street will remedy any material deficiencies in accordance with State Street program standards. Upon reasonable advance notice, and at no cost to State Street, the Trusts retain the right to review State Street’s business continuity, crisis management, disaster recovery, and third-party vendor management processes and programs (including discussions with the relevant subject matter experts and an on-site review of the production facilities used) related to delivery of the service no more frequently than an annual basis. Upon reasonable request, the State Street also shall discuss with senior management of the Trusts any business continuity/disaster recovery plan of the State Street and/or provide a high-level presentation summarizing such plan.”

  • Experience, Financial Capability and Suitability Subscriber is: (i) sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Shares and (ii) able to bear the economic risk of its investment in the Shares for an indefinite period of time because the Shares have not been registered under the Securities Act (as defined below) and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment until the Shares are sold pursuant to: (i) an effective registration statement under the Securities Act or (ii) an exemption from registration available with respect to such sale. Subscriber is able to bear the economic risks of an investment in the Shares and to afford a complete loss of Subscriber’s investment in the Shares.

  • Standard of Services All services to be rendered by SCM hereunder shall be performed in a professional, competent and timely manner subject to the supervision of the Board of Directors of the Corporation on behalf of the Funds. The details of the operating standards and procedures to be followed by SCM in the performance of the services described above shall be determined from time to time by agreement between SCM and the Corporation.

  • Owners Required To Provide Information From the Initial Date and prior to the Restriction Termination Date:

  • Interruption of Services Tenant agrees that Landlord shall not be liable in damages, by abatement of Rent or otherwise, for failure to furnish or delay in furnishing any service, or for any diminution in the quality or quantity thereof, when such failure or delay or diminution is occasioned, in whole or in part, by repairs, renewals, or improvements, by any strike, lockout or other labor trouble, by inability to secure electricity, gas, water, or other fuel at the Building after reasonable effort so to do, by any accident or casualty whatsoever, by act or default of Tenant or other parties, or by any other cause beyond Landlord’s reasonable control; and such failures or delays or diminution (any such event, a “Service Failure”) shall never be deemed to constitute an eviction or disturbance of Tenant’s use and possession of the Premises or relieve Tenant from paying Rent or performing any of its obligations under this Lease. Notwithstanding the foregoing, if the Premises, or a material portion of the Premises, is made untenantable (that is, Tenant cannot conduct its business in such portion) or inaccessible for a period in excess of five (5) consecutive business days as a result of the Service Failure that has been caused by Landlord’s act or omission with respect to matters within Landlord’s control (“Controlled Service Failure”), then Tenant, as its sole remedy, shall be entitled to receive an abatement of Rent payable hereunder during the period beginning on the sixth (61 ) consecutive business day of the Controlled Service Failure and ending on the day the service has been restored. If the entire Premises has not been rendered untenantable or inaccessible by such a Controlled Service Failure, the amount of abatement that Tenant is entitled to receive by reason of such a Controlled Service Failure shall be prorated based upon the percentage of the Premises rendered untenantable or inaccessible and not used by Tenant. Notwithstanding the foregoing, business days during which the Premises or a material portion thereof are untenantable or inaccessible, or during which all or nearly all the Premises are unusable, by reason of a Service Failure which arises from a fire or other casualty which is covered by the provisions of ARTICLE 13 shall in no event be considered in determining whether Tenant is entitled to an abatement of Rent under this Section 8.03 (in such event the provisions of Section 13.01 shall govern Tenant’s rights). In no event shall Landlord be liable to Tenant for any loss or damage, including the theft of Tenant’s property, arising out of or in connection with the failure of any security services, personnel or equipment.

  • Financial Capability At Closing, the Investor will have available funds necessary to consummate the Closing on the terms and conditions contemplated by this Agreement and has the ability to bear the economic risks of its prospective investment in the Purchased Shares and can afford the complete loss of such investment.

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