Steam Delivery Sample Clauses

Steam Delivery. The maximum bonus or liquidated damages capable of being earned by or assessed against Operator in the Steam Delivery category of the AFAA in any Project Year respectively shall be Fifteen Thousand and 00/100 Dollars ($15,000.00) and Ten Thousand Dollars ($10,000.00). If, over the course of a Project Year, fewer than two interruptions occur in the delivery of steam, Operator shall receive a bonus in an amount up to Fifteen Thousand and 00/100 Dollars ($15,000.00) under the Steam Delivery category of the AFAA for such Project Year. If two (2) or three (3) interruptions occur in the delivery of steam to Steam Purchasers during a Project Year, then the AFAA for the Steam Delivery category of the AFAA for such Project Year shall be zero. If more than three (3) interruptions occur in the delivery of steam to Steam Purchasers during a Project Year, Operator shall be assessed liquidated damages in an amount up to Ten Thousand and 00/100 Dollars ($10,000.00) under the Steam Delivery category of the AFAA for such Project Year. In no event shall the amount of bonus earned or liquidated damages assessed in the Steam Delivery category of the AFAA exceed Fifteen Thousand and 00/100 Dollars ($15,000.00) and Ten Thousand and 00/100 Dollars ($10,000.00) in any Project Year. For purposes of this category of the AFAA, a steam interruption shall be deemed to be any event that lasts for sixty (60) minutes or more where the steam production rate of steam delivered to the Existing Plant is reduced by eighty-five percent (85%) as compared to the previous hour of steam production. A steam interruption event shall be deemed to have ended whenever the Facility shall have achieved steady state operation for a period in excess of one (1) hour.
Sample 1
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Steam Delivery. From and after the Steam Commercial Operation Date, Operator shall perform the Services in such a fashion as to cause the delivery to the University of Steam in the amounts and at such times as scheduled by the University in accordance with Section 4.3. Anything herein to the contrary notwithstanding, in no event shall Operator be required to deliver Steam to the University in excess of the Steam Capacity Baseline at any time, except as provided below in Section 4.1.2.
Sample 1
Steam Delivery. Starting with the second full Heating Season, if the Steam Performance Ratio shall fall below ninety percent (90%) for three consecutive Heating Seasons; or
Sample 1
Steam Delivery. The maximum bonus or liquidated damages -------------- capable of being earned by or assessed against Operator in the Steam Delivery category of the AFAA in any Project Year shall be Twenty-Five Thousand and 00/100 Dollars ($25,000.00). If, over the course of a Project Year, fewer than two (2) interruptions occur in the delivery of steam to Steam Purchasers, then Operator shall receive a bonus in the amount of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) under the Steam Delivery category of the AFAA for such Project Year. If two (2) or three (3) interruptions occur in the delivery of steam to Steam Purchasers during a Project Year, then the AFAA for the Steam Delivery category of the AFAA for such Project Year shall be zero. If more than three (3) interruptions occur in the delivery of steam to Steam Purchasers during a Project Year, Operator shall be assessed liquidated damages in the amount of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) under the Steam Delivery category of the AFAA for such Project Year. In no event shall the amount of bonus earned or liquidated damages assessed in the Steam Delivery category of the AFAA exceed Twenty-Five Thousand and 00/100 Dollars ($25,000.00) in any Project Year.
Sample 1

Related to Steam Delivery

  • Share Delivery Delivery of any shares in connection with settlement of the Award will be by book-entry credit to an account in the Grantee’s name established by the Company with the Company’s transfer agent, or upon written request from the Grantee (or his personal representative, beneficiary or estate, as the case may be), in certificates in the name of the Grantee (or his personal representative, beneficiary or estate).

  • Late Delivery If prior to 5:00 p.m., New York City time, on the Expiration Date you receive (i) payment in full of the Subscription Price for the Units being subscribed for and (ii) a guarantee notice substantially in the form of the Notice of Guaranteed Delivery delivered with the Subscription Certificate, from a financial institution having an office or correspondent in the United States, or a member firm of any registered United States national securities exchange or of the National Association of Securities Dealers, Inc. stating the certificate number of the Subscription Certificate relating to the Rights, the name and address of the exercising subscriber, the number of Rights represented by the Subscription Certificate held by such exercising subscriber, the number of Units being subscribed for pursuant to the Rights and guaranteeing the delivery to you of the Subscription Certificate evidencing such Rights within three NASDAQ National Market (“NNM”) trading days following the date of the Notice of Guaranteed Delivery, then the Rights may be exercised even though the Subscription Certificate was not delivered to you prior to 5:00 p.m., New York City time, on the Expiration Date, provided that within three NNM trading days following the date of the Notice of Guaranteed Delivery you receive the properly completed Subscription Certificate evidencing the Rights being exercised, with signatures guaranteed if required.

  • Closing; Delivery (a) The purchase and sale of the Shares shall take place remotely via the exchange of documents and signatures, at such time and place as the Company and the Purchaser mutually agree upon, orally or in writing (which time and place are designated as the “Closing”).

  • Closing Date Delivery 2 2.1 Closing.........................................................................................2

  • Delivery Notice Notice of the Aircraft's Delivery Date, given by the Lessee as provided in Section 3.01 of the Participation Agreement and including any notice with respect to a postponed Delivery Date given by the Lessee pursuant to Section 3.05(c) of the Participation Agreement.

  • Delivery by Telecopier Delivery of an executed counterpart of a signature page to this Guaranty Supplement by telecopier shall be effective as delivery of an original executed counterpart of this Guaranty Supplement.

  • Delivery by Facsimile This Agreement, the agreements referred to herein, and each other agreement or instrument entered into in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine, shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall reexecute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine as a defense to the formation or enforceability of a contract and each such party forever waives any such defense.

  • Telecopy Execution and Delivery A facsimile, telecopy or other reproduction of this Agreement may be executed by one or more parties hereto and delivered by such party by facsimile or any similar electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. Such execution and delivery shall be considered valid, binding and effective for all purposes. At the request of any party hereto, all parties hereto agree to execute and deliver an original of this Agreement as well as any facsimile, telecopy or other reproduction hereof.

  • Delivery (a) Any communication or document made or delivered by one person to another under or in connection with the Finance Documents will only be effective:

  • Delivery of Documents; Delivery Dates (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreement, the Escrow Agreement and the NPA on or prior to the Issuance Date, each in the form delivered to the Trustee by the Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of the Company and the satisfaction or waiver of the closing conditions specified in the Underwriting Agreement, the Trustee shall execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule I to the Underwriting Agreement evidencing the entire ownership interest in the Applicable Trust, which amount equals the maximum aggregate principal amount of Equipment Notes which may be purchased by the Trustee pursuant to the NPA. Except as provided in Sections 3.03, 3.04, 3.05 and 3.06 of the Basic Agreement, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. The provisions of this Section 5.01(a) supersede and replace the first sentence of Section 3.02(a) of the Basic Agreement, with respect to the Applicable Trust.

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