Substitute power definition

Substitute power or “substitute electricity” means electricity that is provided to meet the terms of a power purchase contract with a specified facility or unit when that facility or unit is not generating electricity.
Substitute power. (i) prior to the Commercial Operations Date means electric energy and capacity (ii) after the Commercial Operations Date, electric energy, in each case obtained by Buyer at the direction of Seller in accordance with Section 4.7.3.

Examples of Substitute power in a sentence

  • IN WITNESS WHEREOF, the undersigned have caused this Substitute Power of Attorney to be executed as of this 12th day of October, 2022.

  • By the signature as attorney-in-fact to this Substitute Power of Attorney, Ashran Jen accepts such appointment.

  • This Substitute Power of Attorney shall remain in force for so long as Filer may be subject to reporting obligations under Section 16(a) of the Exchange Act or the requirements of Rule 144 under the Securities Act, unless earlier expressly revoked by Filer in writing and delivered to Phillips 66.

  • This Substitute Power of Attorney shall remain in force for so long as Filer may be subject to reporting obligations under Section16(a) of the Exchange Act or the requirements of Rule 144 under the Securities Act, unless earlier expressly revoked by Filer in writing and delivered to Phillips 66.

  • This Substitute Power of Attorney shall not revoke the powers granted to the undersigned in any Power of Attorney.This Substitute Power of Attorney shall remain in full force and effect until the underlying Power of Attorney is revoked or terminated, unless earlier revoked by the undersigned in a signed writing.Dated: May 3, 2021 /s/ Christopher M.

  • However, Seller's provision of Replacement Power, causing Substitute Power to be delivered, or payment of a Delay or Outage Book Out Charge shall not constitute, in any manner, a waiver of a Force Majeure Event.

  • Seller shall incur an Availability Adjustment only in the event that the incident meets the definition of Forced Outage or Forced Derating and Seller fails to deliver or cause to be delivered Replacement Power or Substitute Power.

  • All Replacement Power and Substitute Power delivered to Buyer from facilities inside the Interconnected Utility System, shall be metered by the Interconnected Utility.

  • Substitute Power procured by Buyer may be of a lower level of firmness.

  • If and when a Seller Guarantor has paid out an amount equal to the maximum amount of the Seller Guarantee, such Seller Guarantor shall be released from any further liability to Buyer pursuant to this Agreement, and from and after such date Buyer shall be released from any obligation hereunder to obtain Substitute Power.

Related to Substitute power

  • Active Power has the meaning given to it in the Grid Code;

  • Reactive Power means the wattless component of the product of voltage and current, which the Facility shall provide to or absorb from the Grid System within the Technical Limits and which is measured in MVAR;

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Fixed wing turbine powered aircraft means an aircraft that:

  • Corporate Authorities means the City Council of the City.

  • Infirm Power means electricity injected into the grid prior to the commercial operation of a unit or block of the generating station;

  • In good standing means a person who has not resigned or been suspended from membership or registration or had membership or registration revoked;

  • Market power means the ability to impose on customers a sustained price for a product or service above the price that would prevail in a competitive market.

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • Station Power means energy used for operating the electric equipment on the site of a generation facility located in the PJM Region or for the heating, lighting, air-conditioning and office equipment needs of buildings on the site of such a generation facility that are used in the operation, maintenance, or repair of the facility. Station Power does not include any energy (i) used to power synchronous condensers; (ii) used for pumping at a pumped storage facility; (iii) used in association with restoration or black start service; or (iv) that is Direct Charging Energy. Surplus Interconnection Customer:

  • net power means the power obtained on a test bench at the end of the crankshaft or its equivalent at the corresponding engine or motor speed with the auxiliaries, tested in accordance with Annex XX (Measurements of net power and the maximum 30 minutes power of electric drive train), and determined under reference atmospheric conditions;

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • Chartering Authority means (i) with respect to a national bank, the Office of the Comptroller of the Currency, (ii) with respect to a Federal savings association or savings bank, the Office of Thrift Supervision, (iii) with respect to a bank or savings institution chartered by a State, the agency of such State charged with primary responsibility for regulating and/or closing banks or savings institutions, as the case may be, (iv) the Corporation in accordance with 12 U.S.C. Section 1821(c), with regard to self appointment, or (v) the appropriate Federal banking agency in accordance with 12 U.S.C. 1821(c)(9).

  • Appropriate Authority(ies) means the U.S. State Department, the government authority(ies) in the Covered Person’s Home Country or Country of Residence or the government authority(ies) of the Host Country.

  • Newly acquired auto means any of the following types of vehicles you become the owner of during the policy period:

  • resolution power means a power referred to in Articles 63 to 72;

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • maximum net power means the highest value of the net power on the nominal full-load power curve for the engine type;

  • Foreign entity means an entity other than a domestic entity.

  • Appropriate Authority means any government or taxing authority.

  • PURCHASE AUTHORITY means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the purchaser.

  • Fire authority means the department, agency, or public entity with responsibility

  • Capacity Interconnection Rights means the rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.

  • designated authority means such authority as may be notified by the Commissioner;