Permitted Runtime Hours. (a) A maximum permitted runtime per Unit of 2500 hours per Contract Year, except in the first Contract Year, 90% of the maximum permitted runtime and in the final Contract Year, 92% of the maximum permitted runtime. (b) To the extent that permitted runtime hours are less than 2500 hours per Contract Year, Seller shall be obligated to deliver Replacement Power or comparable consideration between the permitted runtime hours and 2500 hours per Contract Year.
Appears in 2 contracts
Sources: Power Sales Agreement (Aquila Inc), Power Sales Agreement (Aquila Inc)
Permitted Runtime Hours. (a) A maximum permitted runtime per Unit of 2500 hours per Contract Year, except in the first Contract Year, 90% of the maximum permitted runtime and in the final Contract Year, 92% of the maximum permitted runtime.
(b) To the extent that permitted runtime hours are less than 2500 hours per Contract Year, Seller shall be obligated to deliver Replacement Power or comparable consideration between the permitted runtime hours and 2500 hours per Contract Year.. ▇▇▇▇▇▇▇▇ ▇ HEAT RATE and CAPACITY TEST PROCEDURE ------------------------------------- ▇▇▇▇▇▇ Units 5-8 ----------------
Appears in 1 contract
Sources: Power Sales Agreement (Dominion Resources Inc /Va/)