Replacement Reserve definition

Replacement Reserve. As defined in Section 9.5.1.
Replacement Reserve or “RR” 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;
Replacement Reserve shall have the meaning set forth in Section 6.5(e).

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.


More Definitions of Replacement Reserve

Replacement Reserve means the reserve established pursuant to Section 6.4.
Replacement Reserve means (i) with respect to any Real Estate owned or leased by the Borrower or an Eligible Subsidiary, an amount equal to twenty cents ($.20) per annum multiplied by the Net Rentable Area of such Real Estate, and (ii) with respect to any Real Estate that is subject to an EPR Senior First Mortgage, an amount equal to twenty cents ($.20) per annum multiplied by Borrower’s reasonable good faith estimate of what the Net Rentable Area of such Real Estate would have been had such Real Estate been subject to a Lease rather than an EPR Senior First Mortgage.
Replacement Reserve. With respect to any Mortgage Loan, the amounts required to be paid by the Mortgagor pursuant to the Mortgage Loan Documents for payment of costs and expenses in connection with the performance of work on the roofs, chimneys, gutters, downspouts, paving, curbs, ramps, driveways, balconies, porches, patios, exterior walls, exterior doors and doorways, windows, elevators and mechanical and HVAC equipment or other repairs on the related Mortgaged Property.
Replacement Reserve has the meaning set forth in Section 7 hereof.
Replacement Reserve has the meaning assigned in Schedule 2.6(a).
Replacement Reserve has the meaning assigned to such term in Section 3.6.
Replacement Reserve means an account for the segregation of resources to meet capital consumption of personal or real property.