Operating Limit definition

Operating Limit means the maximum amounts that the Borrower may drawdown every year pursuant to this Overdraft Facility Agreement. The Operating Limit shall not under any circumstances exceed the Maximum Overdraft Limit.
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Operating Limit means, with respect to any generating resource, the operating parameters proscribed by the manufacturer of the generating resource for its stable, dependable operation without which the generating resource could be subject to impairment, e.g., damage from excessive or inadequate ramp rates.
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Operating Limit. The County will define the maximum operating limit for each TDMS. A variance of ten (10) percent from the operating limit will be permitted. Any exceedance of the ten (10) percent variance will trigger a delay in operations for three (3) working days in which no inbound materials will be accepted. Temporary scales are used to determine the weight of inbound and outbound trucks. Materials can be removed outbound if it complies with the Dispatch of Trucks requirements. The Operating limit will be calculated based on the quantity delivered to the end use facility. When they arrive at the approved end-use facility, pre-loaded truck quantities are subtracted from the pile quantity. Site Operations Exclusion Zone: Includes all areas within the perimeter berm, not including the truck dumping and transfer truck loading zones. Staked red tape will designate the hot zone and shall be maintained. Level C Personal Protective Equipment (PPE) requirements shall be enforced within the exclusion zone. Loading Zone: Includes the length of the longest anticipated transfer truck and trailer anticipated to be used by the SDRS Contractor. A yellow caution taped off area of fifteen (15) feet wide by sixty-five (65) feet long section will be staked and maintained to designate the loading zone. This area will be identified as the warm zone. No materials will be dumped on the ground in the warm zone. Transfer trucks will be backed into and loaded within the loading zone. Materials spilled in this zone will be cleaned up prior to the transfer truck leaving the area and the next loaded truck being allowed to enter. This area will be inspected and cleaned once each transfer truck is loaded and at the end of the daily operations. If the underlying material is contaminated, it will be removed and replaced. The loading zone is located furthest away from all residents, the general public, or workers not affiliated with the TDMS. Decontamination Zone: Includes an area for workers to put on and take off PPE as required in the Hot Zone. Decontaminate equipment and PPE items as needed in the work process. Dispatch of Trucks: All trucks inbound and outbound shall be issued and carry truckload tickets. Loads inbound are received and dumped at the external edge of the hot zone. Loaders will transport the ash and debris to the excavator's debris pile and load the outbound transfer trucks. Outbound transfer trucks will only be loaded in the designated loading zone. As described above, the loading...
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Examples of Operating Limit in a sentence

  • The Parties share a joint Interconnection Reliability Operating Limit (“IROL”) related to transfers on the interconnecting transmission lines between their respective Reliability Coordinator Areas and Balancing Authority Areas.

  • If the Participating Generator: (1) receives a Schedule which requires operation below the Minimum Operating Limit, and (2) deviates from that Schedule to continue to operate at the Minimum Operating Limit, it will not be subject to any penalties or sanctions as a result of operating at the Minimum Operating Limit.

  • In a situation where a System Operating Limit (“SOL”) violation exists within the regions of the Parties, or for the next contingency would exist, the Parties will work together as necessary, following good utility practices, and take action in kind as required to address the situation.

  • In the summer peak case, there were five stability violations that did not meet Ameren voltage recovery criteria and would result in over 1,000 MW of load loss, which, if allowed, would be considered a potential Interconnection Reliability Operating Limit (IROL) within the MISO footprint in accordance with BPM-020 Section L.3.6. All voltage violations seen can be mitigated with load shed per MISO SSR criteria and additionally per WVPA there already exists operating guides to mitigate the known issues.

  • The Operating Limit shall thereafter either automatically stand reduced to the extent and in the manner provided in clause (b) below or remain constant during the tenure of the Overdraft Facility at the desertion of the Bank.

  • For the first year of the Overdraft Facility, the Operating Limit shall be equal to the Maximum Overdraft Limit.

  • The Bank may, at the request of the Borrower, in its absolute discretion, increase the Maximum Overdraft Limit and/ or, as the case may be, the Operating Limit subject to such additional terms and conditions as the Bank may deem fit including, without limitation, reappraisal of the Borrower’s credit.

  • For purposes of calculating the Biennial Average Real Time High Operating Limit, if Seller reports to ISO-NE a Real-Time High Operating Limit representing an aggregate Real-Time High Operating Limit for the combination of the Facility, the Other Facility and any Additional Facilities, the Biennial Real-Time Operating Limit will represent the equivalent limit determined for the Facility based on the turbine-specific limitations used by Seller to calculate that aggregate Real-Time High Operating Limit.

  • A failure of the Biennial Average Real-Time High Operating Limit for any two consecutive Contract Years to be at least fifty percent (50%) of the Actual Facility Size, except to the extent excused by (i) a Force Majeure (without affecting Buyer’s right to terminate this Agreement under Section 10.1(c)), (ii) a Catastrophic Failure not caused by a Force Majeure, unless and until such Catastrophic Failure exceeds the duration of the Catastrophic Failure Period or (iii) a Reliability Curtailment.

  • Real-Time High Operating Limit is the maximum output, in MW, of a Generator Asset that could be achieved, consistent with Good Utility Practice, in response to an ISO request for Energy (including pursuant to Section III.13.6.4 of Market Rule 1), for each hour of the Operating Day, as reflected in the Generator Asset’s Offer Data.


More Definitions of Operating Limit

Operating Limit means the area of water approved by the Chief Executive
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Operating Limit means, with respect to any generating unitresource, the operating parameters proscribed by the manufacturer of the unitgenerating resource for its stable, dependable operation without which the unitgenerating resource could be subject to impairment, e.g., damage from excessive or inadequate ramp rates.
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Related to Operating Limit

  • System Operating Limit or “SOL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) that satisfies the most limiting of the prescribed operating criteria for a specified system configuration to ensure operation within acceptable reliability criteria.

  • Interconnected Reliability Operating Limit or “IROL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) derived from, or a subset of, the System Operating Limits, which if exceeded, could expose a widespread area of the bulk electrical system to instability, uncontrolled separation(s) or cascading outages.

  • Operating Lease Expense means the sum of all payments and expenses incurred by Lessee and the other Lessee Entities, collectively, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Availability Reserve means the sum (without duplication of any other reserves or items that are otherwise addressed or excluded through eligibility criteria (including collection rates or collection percentages)) of (a) the Rent and Charges Reserve; (b) the Bank Product Reserve; provided that reserves of the type described in this clause (b) shall be instituted only after consultation with the Lead Borrower; (c) customs duties, and other costs to release Inventory which is being imported into the United States; (d) outstanding Taxes and other governmental charges, including, ad valorem, real estate, personal property, sales, and other Taxes which have priority over the interests of the Administrative Agent in the Current Asset Collateral; (e) salaries, wages and benefits due to employees of the Borrowers which have priority over the interests of the Administrative Agent in the Current Asset Collateral; (f) Customer Credit Liabilities, (g) the Inventory Reserve, and (h) such additional reserves not otherwise addressed in clauses (a) through (g) above, in such amounts and with respect to such matters, as the Administrative Agent in its Credit Judgment may elect to establish or modify from time to time. Notwithstanding anything to the contrary in this Agreement, (i) such Availability Reserves shall not be established or changed except upon not less than three (3) Business Days’ prior written notice to the Lead Borrower, which notice shall include a reasonably detailed description of such Availability Reserve being established (during which period (a) the Administrative Agent shall, if requested, discuss any such Availability Reserve or change with the Lead Borrower and (b) the Lead Borrower shall have the opportunity to take such action as may be required so that the event, condition or matter that is the basis for such Availability Reserve or change thereto no longer exists or exists in a manner that would result in the establishment of a lower Availability Reserve or result in a lesser change thereto, in a manner and to the extent reasonably satisfactory to the Administrative Agent), (ii) the amount of any Availability Reserve established by the Administrative Agent, and any change in the amount of any Availability Reserve, shall have a reasonable relationship to the event, condition or other matter that is the basis for such Availability Reserve or such change and (iii) no event, condition or matter existing or arising prior to or on the Closing Date shall be the basis for any reserve unless such event, condition or matter shall have changed since such time in a manner that is materially adverse to the Lenders. Notwithstanding clause (i) of the preceding sentence, changes to the Availability Reserves solely for purposes of correcting mathematical or clerical errors shall not be subject to such notice period, it being understood that no Default or Event of Default shall be deemed to result therefrom, if applicable, for a period of three (3) Business Days.