Contract Quantity of Capacity Sample Clauses

Contract Quantity of Capacity. Beginning with the first calendar month of the first capacity commitment period for which the Facility is first qualified to supply capacity under ISO-NE [NMISA] Market Rules and Manuals and for each month of the remainder of the Term, . In the event that the Facility subsequently becomes disqualified to supply capacity under ISO-NE [NMISA] Market Rules and Manuals, then during such subsequent period of disqualification (the “Subsequent Disqualification Period”) Seller shall meet its obligation to supply T&D with the Contract Quantity of Capacity by paying T&D monthly an amount that is equal to the Base UCAP Quantity times the Capacity Clearing Price; Seller agrees that after the Facility is first qualified to supply capacity under ISO-NE Market Rules and Manuals, Seller will exercise reasonable diligence to operate and maintain the Facility in manner that will allow the Facility to continue to qualify to supply capacity under ISO-NE Market Rules and Manuals.
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Contract Quantity of Capacity. The Contract Quantity of Capacity is ____ MW of Capacity.]
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Related to Contract Quantity of Capacity

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Assessment of capacity For the purpose of establishing the percentage of the rate to be paid to an employee under this Agreement, the productive capacity of the employee will be assessed in accordance with the Supported Wage System and documented in an assessment instrument by either: (a) the employer and the union in consultation with the employee or, if desired by any of these; or (b) the employer and an accredited Assessor from a panel agreed by the parties to the Agreement and the employee.

  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • REPAIRED OR REPLACED PARTS / COMPONENTS Where the Contractor is required to repair, replace or substitute Product or parts or components of the Product under the Contract, the repaired, replaced or substituted Products shall be subject to all terms and conditions for new parts and components set forth in the Contract including Warranties, as set forth in the Additional Warranties Clause herein. Replaced or repaired Product or parts and components of such Product shall be new and shall, if available, be replaced by the original manufacturer’s component or part. Remanufactured parts or components meeting new Product standards may be permitted by the Commissioner or Authorized User. Before installation, all proposed substitutes for the original manufacturer’s installed parts or components must be approved by the Authorized User. The part or component shall be equal to or of better quality than the original part or component being replaced.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.