Expected Annual Net Energy Production Sample Clauses

Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C Where:
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Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C Where: A = The Installed DC Rating, in kWPDC, which shall not exceed 26,193.400 kWPDC. As of the Effective Date and until SCE’s verification of Seller’s installation of the Generating Facility pursuant to Exhibit K, this rating is deemed to be 26,193.400 kWPDC. B = Annual Energy Yield Factor 1,989 kWh AC per kWPDC per year. C = Annual degradation factor (“Annual Degradation Factor”) in each Term Year as follows: The contents of this document are subject to restrictions on disclosure as set forth herein.
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Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year shall be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in GWh’s = [(8,760 hours/year) X (Contract Capacity (MWs), as may be updated pursuant The contents of this document are subject to restrictions on disclosure as set forth herein.
Sample 1
Expected Annual Net Energy Production. For each twelve-month period, commencing one day after the Commercial Operation Date, it is the expected annual net energy production in AC Megawatt-hours, including the effects of first year .5% panel performance degradation and subsequent .5% panel annual performance degradation, as represented in Exhibit G.
Sample 1
Expected Annual Net Energy Production. For each twelve-month period, commencing one day after the Commercial Operation Date, it is the value of the expected annual net energy production in AC Megawatt-hours, including the effects of first year ____% performance degradation and subsequent ____% annual performance degradation as represented in Exhibit H. FERC: The Federal Energy Regulatory Commission and its successor organization, if any. Force Majeure Event: Any act or event that delays or prevents a Party from timely performing obligations under this Agreement or from complying with conditions required under this Agreement to the extent that such act or event is reasonably unforeseeable and beyond the reasonable control of and without the fault or negligence of the Party relying thereon as justification for such delay, nonperformance, or noncompliance. Force Majeure Events typically include: (i) acts of God or the elements, extreme or severe weather conditions, explosion, fire, epidemic, landslide, mudslide, sabotage, lightning, earthquake, flood or similar cataclysmic event, acts of public enemy, war, blockade, civil insurrection, riot, civil disturbance or strike or other labor difficulty caused or suffered by a Party; (ii) any restraint or restriction imposed by law or by rule, regulation or other acts or omissions of governmental authorities, whether federal, state or local which by exercise of due diligence and in compliance with applicable law a Party could not reasonably have been expected to avoid and to the extent which, by exercise of due diligence and in compliance with applicable law, has been unable to overcome (so long as the affected Party has not applied for or assisted such act by a governmental authority); and (iii) electric transmission interruptions or curtailments (not including any such event that results from discretionary non-emergency curtailment of Buyer or a failure by Buyer to obtain firm transmission or similar rights or otherwise to make congestion-related payments) provided that the term “Force Majeure Event” does not include (a) economic conditions that render a Party’s performance of this Agreement at the Price unprofitable or otherwise uneconomic (including Buyer’s ability to buy Energy or Green Attributes at a lower price, or Seller’s ability to sell Energy or Green Attributes at a higher price, than the Price), (b) a governmental act by Buyer that delays or prevents Buyer from timely performing its obligations under this Agreement, (c) a Plant Outage, except...
Sample 1
Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year shall be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B Where: A = The Installed DC Rating, in kWPDC. B = Annual Energy Yield Factor in kWh of AC energy per kWPDC of DC power. Term Year Annual Energy Yield Factor 1 1,869.444 2 1,854.489 3 1,839.653 4 1,824.936 5 1,810.336 6 1,795.854 7 1,781.487 8 1,767.235 9 1,753.097 10 1,739.072 11 1,725.160 12 1,711.358 13 1,697.667 14 1,684.086 15 1,670.613 16 1,657.249 17 1,643.991 18 1,630.839 19 1,617.792 20 1,604.850
Sample 1

Related to Expected Annual Net Energy Production

  • CONTRACT YEAR A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Annual Forecasts As soon as practicable and in any event no later than thirty (30) days after the beginning of each Fiscal Year, an annual forecast prepared by management of the Parent, in reasonable detail and in the form customarily prepared by management of the Parent for its internal use and setting forth an explanation for the principal assumptions on which such forecasts were based, of balance sheets, income statements and cash flow statements with respect to the Parent and its Subsidiaries on a quarterly basis for each Fiscal Year thereafter until the Maturity Date.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Cost of Metering The Issuer shall not be obligated to pay any costs associated with the routine metering duties set forth in this Section 2, including the costs of installing, replacing and maintaining meters, nor shall the Issuer be entitled to any credit against the Servicing Fee for any cost savings realized by the Servicer as a result of new metering and/or billing technologies.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Product Quality 4.1 The following provisions shall apply to Product after Production:

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Annual Operating Budget and Financial Projections Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an annual operating budgets, on a consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, as approved by Borrower Representative’s Board, together with any related business forecasts used in the preparation of such annual financial projections.

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