Hourly Availability definition
Examples of Hourly Availability in a sentence
The Long-term Planned Outage Adjustment shall equal (a) the Hourly Availability Charge plus each Hourly Capital Item Charge, as shown in Schedule B, multiplied by (b) the difference, if positive, of (i) the hours scheduled for performance of Long-term Planned Outages minus (ii) the actual hours spent performing Long-term Planned Outages during the Contract Year.
The Long- term Planned Outage Adjustment shall equal (a) the Hourly Availability Charge plus each Hourly Capital Item Charge, as shown in Schedule B, multiplied by (b) the difference, if positive, of (i) the hours scheduled for performance of Long-term Planned Outages minus (ii) the actual hours spent performing Long-term Planned Outages during the Contract Year.
EA = (Summation of Hourly Availability Factors for Monthly Availability Hours) / (# of Monthly Availability Hours in month) Hourly Availability Factor is determined for each Monthly Availability Hour as the quotient of (a) the capacity reflected in Seller’s Availability Notice applicable for such hour, divided by (b) the Hourly Ambient Capacity for such hour.
In the event the Net Delivered Energy delivered by the Seller is in excess of the forecasted energy notified under the Hourly Availability Notice for reasons other than the change in availability of the Arrays and WTGs, then the Purchaser shall be required to accept such excess Net Delivered Energy or make payment as NPMV for the excess Net Delivered Energy not accepted by the Purchaser in accordance with Section 9 of this Agreement read with Schedule 1.