Common use of Guaranteed Output Clause in Contracts

Guaranteed Output. Guaranteed Output with respect to the following Initial Project, at the relevant rated summer conditions for such Project, are set forth below: -------------------------------------------------------------------------------------------------------------------- Summer Power Power HP IP Condenser Condenser Peak Dry Bulb Relative Fuel Factor Factor Blowdown Blowdown Makeup Makeup Summer Capacity* Temperature Humidity Elevation Temperature** (GT) (ST) Flow Flow Flow Temp. -------------------------------------------------------------------------------------------------------------------- MW F % Ft. F - - % % Lb/Hr F -------------------------------------------------------------------------------------------------------------------- Franklin 1 571 95.0 40.0 560 25.0 0.82 0.98 0.5 1.0 224,005 83 Franklin 2 615 95.0 39.8 560 25.0 0.82 0.95 0.5 1.0 226,689 83 Harris 1 618 95.0 44.3 200 25.0 ▇.▇▇ 0.95 0.5 1.0 229,045 83 Harris 2 618 95.0 44.3 200 25.0 ▇.▇▇ 0.95 0.5 1.0 229,045 83 Wansley 1134 95.0 42.5 740 25.0 ▇.▇▇ 0.98 0.5 1.0 221,913 80 -------------------------------------------------------------------------------------------------------------------- * All to the high side of the generator step-up transformer ** 25F is as of the gas is delivered to each combustion turbine. The gas is then heated by the Project's process before entry to the combustion turbine burner SCHEDULE V AMENDED AND RESTATED CREDIT AGREEMENT TESTING PROCEDURES A. COMBINED-CYCLE PROJECTS Introduction: The procedures and required tests which must be completed prior to Southern's certification of Substantial Completion and Final Completion with respect to an Uncompleted Project which is a combined-cycle electric generation plant are set forth below. The capacity and heat rate tests for such Project may be conducted independently; provided that if the Guaranteed Heat Rate and Guaranteed Output for such Project are based upon the same ambient conditions and operating mode (e.g., base mode, full pressure and power augmentation), the capacity and heat rate tests for such Project shall be conducted simultaneously. The tests will be conducted by the owner according to a test procedure (incorporating the relevant matters set forth herein) provided by the owner and approved by Southern Company Services, Inc. ("SCS") and the purchaser of energy from such Project under each Power Purchase Agreement, if any, applicable thereto. The test procedure will be based on ASME PTC 46-1996 ("PTC 46"). This code determines the net electrical output and heat rate of the Project, corrected to design operating conditions. The Uncompleted Project shall demonstrate compliance with the air permit limits during the tests (using certified plant continuous emissions monitoring system ("CEMS"), calibrated portable CEMS, or by certified emissions testing contractor) and all applicable laws and other permits, with no waivers or variances for construction, start-up, testing or otherwise. The tests will encompass a control volume including the cooling tower as shown in Figure 5.1 of PTC 46. The only essential data required are those parameters which cross the test boundary. Correction curves will be utilized to correct net unit performance from test conditions to design conditions.

Guaranteed Output. Guaranteed Output with respect to the following Initial Project, at the relevant rated summer conditions for such Project, are set forth below: -------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------ Summer Summer Dry Power Power HP IP Condenser Condenser Peak Dry Bulb Relative Fuel Factor Factor Blowdown Blowdown Makeup Makeup Summer CapacityCapacity * Temperature Humidity Elevation Temperature** (GT) (ST) Flow Flow Flow Temp. -------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------ MW F % Ft. F - - % % Lb/Hr F -------------------------------------------------------------------------------------------------------------------- Franklin ------------------------------------------------------------------------------------------------------------------ Goat Rock 1 571 95.0 40.0 560 25.0 0.82 0.98 0.5 1.0 224,005 83 Franklin Goat Rock 2 615 95.0 39.8 560 25.0 0.82 0.95 0.5 1.0 226,689 83 Harris Autaugaville 1 618 95.0 44.3 200 25.0 ▇.▇▇ 0.82 0.95 0.5 1.0 229,045 83 Harris Autaugaville 2 618 95.0 44.3 200 25.0 ▇.▇▇ 0.82 0.95 0.5 1.0 229,045 83 Wansley 1134 95.0 42.5 740 25.0 ▇▇.▇▇ 0.83 0.98 0.5 1.0 221,913 80 -------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------ * All to the high side of the generator step-up transformer ** 25F is as of the gas is delivered to each combustion turbine. The gas is then heated by the Project's process before entry to the combustion turbine burner SCHEDULE V AMENDED AND RESTATED SOUTHERN POWER COMPANY CREDIT AGREEMENT TESTING PROCEDURES A. COMBINED-CYCLE PROJECTS Introduction: ------------ The procedures and required tests which must be completed prior to Southern's certification of Substantial Completion and Final Completion with respect to an Uncompleted Project which is a combined-cycle electric generation plant are set forth below. The capacity and heat rate tests for such Project may be conducted independently; provided that if the Guaranteed Heat Rate and Guaranteed Output for such Project are based upon the same ambient conditions and operating mode (e.g., base mode, full pressure and power augmentation), the capacity and heat rate tests for such Project shall be conducted simultaneously. The tests will be conducted by the owner according to a test procedure (incorporating the relevant matters set forth herein) provided by the owner and approved by Southern Company Services, Inc. ("SCS") and the purchaser of energy from such Project under each Power Purchase Agreement, if any, applicable thereto. The test procedure will be based on ASME PTC 46-1996 ("PTC 46"). This code determines the net electrical output and heat rate of the Project, corrected to design operating conditions. The Uncompleted Project shall demonstrate compliance with the air permit limits during the tests (using certified plant continuous emissions monitoring system ("CEMS"), calibrated portable CEMS, or by certified emissions testing contractor) and all applicable laws and other permits, with no waivers or variances for construction, start-up, testing or otherwise. The tests will encompass a control volume including the cooling tower as shown in Figure 5.1 of PTC 46. The only essential data required are those parameters which cross the test boundary. Correction curves will be utilized to correct net unit performance from test conditions to design conditions.