Examples of Replacement Reserve in a sentence
In no event shall expenditures, including attorneys’ fees or litigation costs, normally required to be paid out of the Replacement Reserve, be treated as Reasonable Operating Expenses unless specifically approved in writing by the Housing Authority.
The Service Provider must provide reserve, with the exception of Replacement Reserve, in accordance with the technical requirements of the Grid Code and the relevant Operating Parameters of the Providing Unit.
The basis for payments for Replacement Reserve (RR) is the calculation of the RR Available Volume of the Providing Unit over a Trading Period.
The Town shall maintain control over the Capital Replacement Reserve account and will provide annual reporting on expenditures, per Section 6(3) of this Agreement.
Replacement Reserve is the additional MW output (and/or reduction in Demand) required compared to the pre-incident output (or Demand) which is fully available and sustainable over the period from 20 minutes to 1 hour following an Event.