Capacity Availability definition

Capacity Availability means, for each Settlement Interval during a Put Delivery Period, the lesser of the following for each Storage Unit: the Available Storage Capacity; the Available Charging Capacity; or
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Capacity Availability means, for each Settlement Interval during a Put Delivery Period (i) a Generating Unit’s Available Capacity, if the Generating Unit operates within the Performance Tolerance Band, or (ii) a Generating Unit’s Available Capacity, less the product of (x) the difference between (a) Scheduled Energy and (b) Qualifying Delivered Energy, and (y) the number of Settlement Intervals in one hour, if such Generating Unit operates below the Performance Tolerance Band Lower Limit; provided, if Scheduled Energy exceeds Contract Capacity Energy in a Settlement Interval, then, for the purpose of calculating Capacity Availability under this definition (including the determination of the Performance Tolerance Band), Scheduled Energy shall be deemed to equal Contract Capacity Energy for that Settlement Interval. In no event shall the Capacity Availability be less than zero (0) MW or greater than GU Contract Capacity.
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Capacity Availability means, for each Settlement Interval (i) the Generating Unit’s Available Capacity (as set forth in the applicable Availability Notice), if the Generating Unit is not dispatched or operates above the Performance Tolerance Band Lower Limit, or (ii) the Generating Unit’s Available Capacity, less the product of (x) the difference between (a) Scheduled Energy minus (b) Qualifying Delivered Energy, and (y) the number of Settlement Intervals in one hour, if the Generating Unit operates below the Performance Tolerance Band Lower Limit. In no event shall the Capacity Availability be less than zero (0) MW or greater than Contract Capacity for the Generating Unit.
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Examples of Capacity Availability in a sentence

  • In the event OWNER is unable to provide such written evidence from the applicable school district(s), the City shall have the right to decline to honor any DIF Credit, Certificates of MDD Availability, Certificates of Storm Water Treatment Capacity Availability, or any combination thereof, presented by such OWNER, without liability to the City.

  • OWNER shall provide evidence of sufficient Storm Water Treatment Capacity Availability as reserved in a Certificate of Storm Water Treatment Capacity Availability the same manner and subject to the same limitations as provided for the assignment of Certificates of Net MDD Availability in Section 4.6 of this Agreement.

  • Each month during the Delivery Term, Buyer shall calculate the year-to-date (YTD) Annual Storage Capacity Availability for the applicable Contract Year in accordance with Exhibit P.

  • The amount of Storm Water Treatment Capacity Availability required for the issuance of a grading permit to OWNER shall be based upon the Net Residential Acreage of the area to be graded regardless of the corresponding use.

  • The Certificate of Storm Water Treatment Capacity Availability is evidence only of available storm water treatment capacity and does not satisfy any other conditions applicable to a particular development project, including those relating to on-site water treatment, water quality, connection to the storm water collection system, or other public infrastructure requirements.

  • Maximum Actual Capacity Availability in any hour will be the Capacity Quantity.

  • If Buyer withholds any Storage Capacity Availability Payment True-Up Amount pursuant to this subsection (d)(ii), and if the final year-end Storage Capacity Availability Payment True-Up Amount is a negative number, Buyer shall pay to Seller the positive value of such amount together with the next Monthly Capacity Payment due to Seller.

  • Subject to exceptions identified below, Equivalent Force Majeure Hours and Equivalent Planned Maintenance Hours are excluded from the calculation of actual Capacity Availability and minimum Availability Requirement level (and thus for which no Capacity Payment Discount will be incurred).

  • The Option Premium must include all Fixed Cost Charges, any cost associated with third party transmission service and any other costs as listed below in this Term Sheet that are to be included in the Option Premium, and will be subject to adjustment based on Actual Capacity Availability, as described under Availability Requirement below.

  • Capacity Availability Tests can be performed for more than one Service Type per Providing Group, whereas Energy Availability Tests are only performed on one Service Type each time.


More Definitions of Capacity Availability

Capacity Availability means, for each Settlement Interval during the Delivery Period, the lesser of the following for the Project: the Available Storage Capacity; or the Available Charging Capacity; or In no event shall the Capacity Availability be less than zero (0) MW or greater than SU Contract Capacity.
Sample 1

Related to Capacity Availability

  • Network Availability means the capability of the equipment to resume functions after a remotely initiated trigger has been detected by a network port;

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • Average Daily Availability means, as of any date of determination, the average daily Availability for the immediately preceding Fiscal Quarter.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time. Here, the CUF is expressed in AC terms.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Availability Block means $15,000,000.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Capacity Export Transmission Customer means a customer taking point to point transmission service under Tariff, Part II to export capacity from a generation resource located in the PJM Region that has qualified for an exception to the RPM must-offer requirement as described in Tariff, Attachment DD, section 6.6(g).

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Nominal Rated Capability means the nominal maximum rated capability in megawatts of a Transmission Interconnection Customer’s Customer Facility or the nominal increase in transmission capability in megawatts of the Transmission System resulting from the interconnection or addition of a Transmission Interconnection Customer’s Customer Facility, as determined in accordance with pertinent Applicable Standards and specified in the Interconnection Service Agreement.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Available RP Capacity Amount means the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 6.04(a)(ii)(D), (a)(vii) and (a)(x) minus the aggregate amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (a) make Investments pursuant to Section 6.06(q)(ii), (b) make Restricted Debt Payments pursuant to Section 6.04(b)(iv)(B) or (c) incur Indebtedness pursuant to Section 6.01(ll).

  • Ramping Capability means the sustained rate of change of generator output, in megawatts per minute.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.