Guaranteed Availability definition
Examples of Guaranteed Availability in a sentence
Such Availability Report shall include the total amount of the Guaranteed Availability Adjustment.
Notwithstanding the delivery of an Unavailability Notice, the Project shall be deemed to be unavailable for the duration of an Unplanned Outage as applicable to the calculation of Guaranteed Availability under Section 6.3.
Seller shall ensure that the Storage Facility has an Actual Availability for each Contract Year during the Delivery Term of no less than the Guaranteed Availability.
Seller will operate and maintain the Project so as to achieve the Minimum Guaranteed Availability, the Guaranteed Heat Rate, Guaranteed Start-Up Time, and Guaranteed Ramp Rate in accordance with the provisions of Appendix 7.6 (collectively, the “Performance Guarantees”).
The provisions of this Section 4.01 and Section 4.02(e) shall be the exclusive remedies of the Department for the Seller's failure to meet the Guaranteed Availability so long as such failure is not due to intentional conduct of the Seller.