Expected Annual Output definition

Expected Annual Output means the quantity of Energy identified in Exhibit 5 for each calendar year during the Delivery Period of the Facility.
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Expected Annual Output means the Energy that the Facility can be expected to produce during a typical year of operation, factoring in typical weather patterns, expected fuel availability, etc. The Expected Annual Output is shown in Appendix D.
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Expected Annual Output means the quantity of Energy identified in Exhibit 4 for each calendar year during the Delivery Period of the Facility.
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Examples of Expected Annual Output in a sentence

  • Starting the first full calendar year after the Commercial Operation Date of the Facility, for each year during the Delivery Period, Seller shall deliver to Buyer no less than seventy percent (70%) of the Expected Annual Output averaged over two consecutive calendar years on a rolling basis during the Delivery Period (the “Net Output Requirement”).

  • If Seller fails to satisfy the Net Output Requirement for any two-year period, to determine compliance with the Net Output Requirement in the next rolling two-year period, then the amount of Energy generated in the first year of such two-year rolling period will be deemed to be the higher of (i) seventy percent (70%) of the Expected Annual Output for such year, or (ii) the actual amount of Energy generated by the Facility in such year.

  • Exhibit 5 Expected Annual Output Exhibit 6 Form of Guaranty THIS GUARANTY AGREEMENT (this ”Guaranty”), dated as of [date], is issued and delivered by [ enter corporate legal name], a [state] [form of entity] (the ”Guarantor”), for the account of [enter corporate name], a [state] [form of entity] (the “Obligor”), and for the benefit of [enter corporate name], a [state] [form of entity] (the ”Beneficiary”).

  • Foregone User Benefit is defined as (i) in the year of occurrence, the difference between the G1 rate in the year of occurrence of the PV System Loss and the Net Energy Price multiplied by the Expected Annual Output adjusted for the Annual System Degradation Factor and (ii) for subsequent years the G1 rate is assumed to increase by 3% per year.

  • If Seller fails to satisfy the Net Output Requirement for any two- year period, to determine compliance with the Net Output Requirement in the next rolling two-year period, then the amount of Energy generated in the first year of such two-year rolling period will be deemed to be the higher of (i) seventy percent (70%) of the Expected Annual Output for such year, or (ii) the actual amount of Energy generated by the Facility in such year.

  • The quantity of Guaranteed Annual Output for each year shall be the total of each System’s Expected Annual Output, reduced for each System by the Annual System Degradation Factor, multiplied by 0.825.

  • Each System’s Expected Annual Output shall be as stated on Attachment 5: Cost and Generation.

  • In the event the Project generates less than 50% of the Expected Annual Output set forth in Section 1(A) for any 12-month period during the Project Life, Recipient shall be in breach of this Agreement.

  • The Expected Annual Output for each System is shown on each System’s Attachment 5.

  • Recipient shall maintain the Project so that it is capable of producing the Expected Annual Output and achieve the Community Benefits sets forth in Section I(A), for a minimum of ten (10) years after the Completion Date (“Project Life”).


More Definitions of Expected Annual Output

Expected Annual Output means the Energy that the Facility can be expected to produce during a typical year of operation, factoring in typical weather patterns, expected fuel availability, etc. The Expected Annual Output is shown in Exhibit A.
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Expected Annual Output means the quantity of Energy identified in Exhibit 1.
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Related to Expected Annual Output

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Expected week of childbirth (EWC) means the week, starting on a Sunday, during which the employee's doctor or midwife expects her to give birth; and

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.