RR Available Volume Sample Clauses

The "RR Available Volume" clause defines the specific quantity of product or resource that the responsible party (often referred to as the "RR") is obligated to make available under the agreement. This clause typically outlines how the available volume is determined, such as through periodic assessments, forecasts, or based on operational capacity, and may set minimum or maximum thresholds. By clearly specifying the amount to be provided, the clause ensures both parties have a mutual understanding of supply expectations, thereby reducing the risk of disputes over delivery obligations and supporting reliable planning for both supplier and recipient.
RR Available Volume. The Available Volume of the Providing Unit to provide RR in a Trading Period in which it is Synchronised or connected to the Power System will be determined from the lesser of: (a) the value of the reserve obtained from the RR Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the RR Reserve Characteristic has been adjusted to reflect the Time Weighted Average Availability of the Providing Unit (expressed in MW) in the manner described in the example set out in Part 2 of Schedule 9. The relevant value on the RR Reserve Characteristic will be determined from the average MW Output or the average MW Reduction (expressed in MW) over the Trading Period; and (b) the Declared RR of the Providing Unit.
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RR Available Volume. The Available Volume of the Providing Unit to provide RR in a Trading Period in which it is Synchronised or connected to the Power System will be determined from the lesser of:
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Related to RR Available Volume

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Excess Availability Borrowers shall maintain Excess Availability at ------------------- all times of at least $4,500,000.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.