Capacity Payment definition

Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

Capacity Payment means the monthly payment for Contract Capacity that Department makes to Seller as such payment is calculated pursuant to Section 2.02(a).

Capacity Payment means the Monthly Capacity Payments and the Minimum Monthly Capacity Payments payable in accordance with Section 5.1.

Examples of Capacity Payment in a sentence

• The compensation to Seller for such sale of Other Associated Electric Products, if elected or required by Buyer, is included in the Capacity Payment and no further amount shall be payable.

• Contract Price: Monthly Energy Payment plus the Capacity Payment [plus Other Charges (if applicable)].

• Notwithstanding that the Contract Quantity of Capacity and associated energy supplied from the Facilities by Seller is subject to Unit Contingency, if the Monthly Availability shall have been, in any Month, less than the Availability Requirement for such Month, the Capacity Payment payable by Buyer in respect of such Month shall be adjusted downward by the Capacity Payment Discount, as calculated in respect of such Month as set forth in Schedule [3.3].

• CPm = Capacity Payment for the applicable Month, expressed in dollars.

• If the Capacity Payment Discount in respect of any Month exceeds the Capacity Payment for such Month, there shall be no Capacity Payment in respect of such Month, and Buyer shall be entitled to no other adjustments as a result of such Availability shortfall.

More Definitions of Capacity Payment

Capacity Payment bears the meaning ascribed thereto in Section 13.1(b);

Capacity Payment means the payment defined in Section 9.2 and Appendix A.

Capacity Payment means the price payable by the Buyer to the Seller for Capacity, expressed in $/kW, for a certain period during the term of the Definitive Agreement less any adjustments based on the Actual Capacity Availability of the generating unit.

Capacity Payment has the meaning set forth in Section 5 of this Agreement.

Capacity Payment has the meaning set forth in Section 7.2.

Capacity Payment bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;

Capacity Payment means the payment for the acquisition of a specified quantity of generating capacity over a specified period of time.