Lost Savings definition

Lost Savings has the meaning set forth in Section 6.1(b).
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Lost Savings means the cost to the BOE of electricity not provided by the System as calculated in Exhibit 2.
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Lost Savings means the cost to the UNIVERSITY of electricity not provided by the System as defined in Section 5 of the SPPA..
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Examples of Lost Savings in a sentence

  • The formula for calculating Lost Savings for the applicable Contract Year is as follows: Lost Savings = (MGO*WPR – AE) x RV MGO = Minimum Guaranteed Output, as measured in total kWh, for System for the applicable Contract Year.

  • Such payment shall occur no later than sixty (60) days after the end of the Contract Year during which such Lost Savings occurred.

  • If LICENSEE fails to meet the Guaranteed Minimum Electricity Output requirement during an Operational Year, for reasons other than the UNIVERSITY’s shading of the System, as described in Section 13 below, LICENSEE will pay UNIVERSITY, or UNIVERSITY may, at its option, offset against future payments due LICENSEE, an amount equal to the UNIVERSITY’s Lost Savings.

  • The formula for calculating Lost Savings is as follows: LS = (GMEO – AE) x RV where: LS = Lost Savings GMEO = Guaranteed Minimum Electricity Output as measured in total annual kWh and indicated in Xxxxxxx 0, Xxxxxxxxxx 00 .

  • For the avoidance of doubt, the Lost Savings Cap is applicable to each Term Year.

  • The formula for calculating Lost Savings for the applicable Term Year is as follows: Lost Savings = (MGO*WPR - AE) x RV MGO = Minimum Guaranteed Output, as measured in total kWh, for the System for the applicable Term Year.

  • Any Lost Savings payment shall occur no later than sixty (60) days after the end of the Term Year during which such Lost Savings occurred.

  • Such payment for any Lost Savings shall be made by Provider no later than sixty (60) days after the end of the Term Year during which such Lost Savings occurred (or following the date of termination, in the event of an early termination of this Agreement).

  • The formula for calculating Lost Savings for the applicable Term Year is as follows: Lost Savings = (MGO *WPR – AE) x RV MGO = Minimum Guaranteed Output, as measured in total kWh, for System for the applicable Term Year.

  • If the RV is zero or less, then no Lost Savings payment shall be due to Purchaser.


More Definitions of Lost Savings

Lost Savings means the dollar amount ForeFront Power will credit to Purchaser in accordance with the terms of this Agreement for any Term Year for which MGDR exceeds AADR, calculated as follows:
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Related to Lost Savings

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Pro Forma Cost Savings means, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.

  • Company Matching Contributions means the Company contributions described in Section 3.4.

  • Savings means the difference between the principal

  • Excess Contribution means a contribution that exceeds the

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Curtailment Shortfall For any Distribution Date and for any Curtailment received in the Prior Period, an amount equal to one month’s interest on such Curtailment at the Pass-Through Rate for the applicable Mortgage Loan.

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Collateral savings, as used in this clause, means those measurable net reductions resulting from a VECP in the agency's overall projected collateral costs, exclusive of acquisition savings, whether or not the acquisition cost changes.

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • Modification Loss Amount With respect to each Payment Date, the excess, if any, of the aggregate Modification Shortfall over the aggregate Modification Excess for such Payment Date.

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.