Guaranteed Availability. Seller guarantees that the annual Availability of the Facility shall be at least ninety five percent (95%) of the calculated Availability (the “Guaranteed Availability”). In no event shall the required Guaranteed Availability for any period be subject to any adjustment in the event that Seller achieves Final Completion at less than one hundred percent (100%) of the Expected Nameplate Capacity Rating.
Appears in 3 contracts
Sources: Pro Forma Draft, Pro Forma Draft, Power Purchase Agreement
Guaranteed Availability. Seller guarantees that the annual Availability of the Facility shall be at least ninety five percent (9590%) of the calculated Availability (the “Guaranteed Availability”). In no event shall the required Guaranteed Availability for any period be subject to any adjustment in the event that Seller achieves Final Completion at less than one hundred 100 percent (100%) of the Expected Nameplate Capacity Rating.
Appears in 1 contract
Sources: Pro Forma Wind Agreement