Availability Guarantee. Commencing on the first day of the second Commercial Operation Year and for the reminder of the Term, Seller guarantees that the Facility shall have achieved an average annual Actual Availability Percentage during each Availability Period equal to or greater than ninety percent (90%) for the Term (a “Guaranteed Mechanical Availability Percentage”).
Appears in 2 contracts
Sources: Wind Energy Purchase Agreement, Solar Energy Purchase Agreement
Availability Guarantee. Commencing on the first day of the second Commercial Operation Year and for the reminder of the Term, Seller guarantees that the Facility shall have achieved an average annual Actual Availability Percentage during each Availability Period equal to or greater than ninety ninety-five percent (9095%) for the Term (a “Guaranteed Mechanical Availability Percentage”).
Appears in 1 contract
Sources: Energy Purchase Agreement