Insufficient FFR Clause Samples

The 'Insufficient FFR' clause defines the procedures and consequences when the Firm Frequency Response (FFR) provided under an agreement is inadequate or does not meet specified requirements. In practice, this clause typically outlines the criteria for determining insufficiency, the notification process, and any remedies or penalties that may apply, such as financial compensation or corrective actions. Its core function is to ensure reliability in service delivery and allocate responsibility if the agreed-upon FFR is not maintained, thereby protecting the interests of the party relying on consistent frequency response.
Insufficient FFR. If there is insufficient FFR in the synchronous area, the synchronous area monitor will coordinate the required measures. This includes taking an inventory of possible actions to increase FFR at all TSOs and initiating actions to increase FFR. If none of the TSOs have the ability to take actions to increase the FFR capacity, the TSOs – coordinated by the synchronous area monitor - may decide on reduction of the reference incident. If it takes more time to reduce the reference incident compared to the duration of the FFR deficit, there is no need to reduce the reference incident. Operational Instruction LFCR1302
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Insufficient FFR. If there is insufficient FFR in the synchronous area, the synchronous area monitor will coordinate the required measures. This includes taking an inventory of possible actions to increase FFR at all TSOs and initiating actions to increase FFR. Operational Instruction LFCR1302
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Related to Insufficient FFR

  • Insufficient Funds If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties.

  • Sufficient Funds Buyer has, and will have at the Effective Time, sufficient funds to consummate the transactions contemplated by this Agreement, subject to the terms and conditions of this Agreement.

  • Non-Sufficient Funds Tenant shall be charged $ for each check that is returned to Landlord for lack of sufficient funds.

  • NON-SUFFICIENT FUNDS (NSF CHECKS) If the Tenant pays the Rent with a check that is not honored due to insufficient funds (NSF): (check one)