Contract Capacity definition

Contract Capacity has the meaning set forth in Section 3.1(f).

Contract Capacity means the lesser of (i) the amount of electric energy generating capacity, set forth in Section 1.01(h), that Seller commits to install at the Site and (ii) the Demonstrated Contract Capacity.

Contract Capacity. Shall have the meaning set forth in Section 5(b) of Attachment A (Description of Generation, Conversion and Storage Facility) to this Agreement.

Examples of Contract Capacity in a sentence

• Buyer shall not be obligated to purchase Contract Capacity or receive or pay for Net Energy to the extent generation or transmission curtailment is required as a result of Seller’s non-compliance with the Interconnection Agreement.

• During any month, the “Minimum Monthly Capacity Payment” shall equal the amount determined by the following formula: Minimum Monthly Capacity Payment = CC × 1000 × CPR × [●%], where: CC = the Contract Capacity; CPR = Capacity Payment Rate; and % = [●].

• Seller warrants and agrees that it will transfer and deliver Contract Capacity, Capacity Rights, Ancillary Services and Net Energy to Buyer free and clear of all liens or other encumbrances and rights of third parties.

• Seller retains absolute discretion as to which items of the Major Equipment of the Facility are operated to generate and deliver (i) the quantities of Net Energy and Ancillary Services to be delivered to Buyer from the Contract Capacity and (ii) the quantities of Net Energy and Ancillary Services to be delivered to any third party purchaser from the Remaining Capacity.

• The foregoing estimates by Buyer shall not be construed to permit Seller to limit the availability of the Facility such that Buyer is restricted from Dispatching Contract Capacity unless the Facility Capacity is physically unavailable due to Force Majeure, Planned Outage or Unplanned Outage, as the case may be.

More Definitions of Contract Capacity

Contract Capacity means the lesser of: (a) [the of Nameplate Capacity [For all Facilities except those with a Nameplate Capacity greater than three megawatts] [that portion of the Nameplate Capacity which is specified as the Contract Capacity in the Cover Sheet] [Only for Facilities with a Nameplate Capacity greater than three megawatts] and (b) the Demonstrated Contract Capacity.

Contract Capacity means the generation capacity designated for the Project in the Cover Sheet.

Contract Capacity means the electric energy generating capacity, set forth in Section 1.01(h), that Seller commits to install at the Site.

Contract Capacity means the entire Available Capacity of the Generating Facility. “Contract Energy” means Energy associated with or provided or to be provided from the Contract Capacity, but excluding Storage Energy.

Contract Capacity applies to all Baseload Products and Excess Sale transactions of As-Available Products.]

Contract Capacity means the installed electrical Capacity available upon the Commercial Operation Date of the Facility in an amount, as specified in Exhibit “PPA-A.” “Contract Capacity” is measured at the Buyer’s revenue meter at the Delivery Point and is net of any Station Service Loads, any applicable Facility step-up transformer losses, and distribution losses on Buyer’s Distribution System up to the Delivery Point.

Contract Capacity has the meaning set forth in Section 1.04.