Common use of Guaranteed Availability Clause in Contracts

Guaranteed Availability. Seller guarantees that the annual Availability of the Facility (the “Guaranteed Availability”) shall be that set forth in Exhibit B. 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 1 contract

Sources: Power Purchase Agreement

Guaranteed Availability. Seller guarantees that the annual Availability of the Facility (the "Guaranteed Availability") shall be that set forth in Exhibit B. 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: Power Purchase Agreement