Performance Tolerance Band definition

Performance Tolerance Band shall be calculated as set forth in Section 4.5(c)(ii).
Performance Tolerance Band shall be calculated as set forth in Section 14.2.2. “Permitting Delay” has the meaning set forth in Section 1.1.2.1.
Performance Tolerance Band has the meaning set forth in Section 3.03(b)(i) of Attachment 1. If, at any time, the CAISO implements changes to the Performance Tolerance Band, then the Parties agree to negotiate in good faith to amend this definition to maintain the economic benefits and burdens contemplated under this Agreement.

Examples of Performance Tolerance Band in a sentence

  • Seller shall make a payment to Buyer (the “SDD Administrative Charge”) for each Settlement Interval in a month if Metered Energy (i) exceeds the Performance Tolerance Band Upper Limit or (ii) is less than the Performance Tolerance Band Lower Limit, in any Settlement Interval.

  • An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval.

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.6(c)(i).

  • The Forecasting Penalty shall be equal to the greater of (A) one hundred fifty percent (150%) of the Contract Price or (B) the absolute value of the Real-Time Price, in each case for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in Section 4.5(c)(i).

  • The Forecasting Penalty shall be equal to one hundred fifty percent (150%) of the Contract Price for each MWh of Energy Deviation outside the Performance Tolerance Band, or any portion thereof, in every hour for which Seller fails to meet the requirements in this Section 4.6(c)(i).


More Definitions of Performance Tolerance Band

Performance Tolerance Band means the lesser of (a) three percent (3%) of a Storage Unit’s PMax divided by the number of Settlement Intervals in an hour, (b) five (5) MW divided by the number of Settlement Intervals in an hour, or (c) the applicable Regulation Award divided by the number of Settlement Intervals in an hour. If, at any time, the CAISO implements changes to the Performance Tolerance Band, then the Parties agree to negotiate in good faith to amend this definition to maintain the economic benefits and burdens contemplated under this Agreement.
Performance Tolerance Band has the meaning set forth in Section 2.9.3.2.
Performance Tolerance Band shall be calculated as set forth in Section 15.2.2.
Performance Tolerance Band has the meaning set forth in Exhibit M.
Performance Tolerance Band for each CAISO settlement interval means 5% of the Contract Capacity divided by the number of CAISO settlement intervals per hour.
Performance Tolerance Band means the lesser of (a) three percent (3%) of a Storage Unit’s PMAX divided by the number of Settlement Intervals in an hour, (b) five (5) MW divided by the number of Settlement Intervals in an hour, or (c) for each Settlement Interval, with respect to the Performance Tolerance Band Upper Limit, the greater of the fifteen-minute HASP Regulation Up awards for the period within such Settlement Interval falls, or with respect to the Performance Tolerance Band Lower Limit, the greater of the fifteen-minute HASP Regulation Down awards for the period within such Settlement Interval falls divided by the number of Settlement Intervals in an hour. If, at any time, the CAISO implements changes to the Performance Tolerance Band, then the Parties agree to negotiate in good faith to amend this definition to maintain the economic benefits and burdens contemplated under this Agreement.
Performance Tolerance Band in kWh, is equal to: (a) three percent (3%) times; (b) forecasted Available Capacity times; (c) one (1) hour.