Showing Commitment definition
Examples of Showing Commitment in a sentence
Neither the Showing Quantity nor the Showing Commitment shall confer to CPE any rights to dispatch or receive Energy or Ancillary Services from the Project.
Notwithstanding Section 10.1 of this Agreement, CPE shall have the right, but not the obligation, to notify the CPUC, the CAISO, and any Governmental Authority having jurisdiction, if Provider fails to perform the Showing Commitment Actions in any Showing Year or any Showing Month.
Provider shall take all actions and obtain all approvals necessary to meet the obligations of this Agreement, to commit the Showing Quantity and to perform Showing Commitment Actions pursuant to the terms of this Agreement, which include the covenants set forth below in Sections Two.1(a) through (i), which must be satisfied at least seventy-five (75) days before the Initial Shown Date or such deadline as set forth below.
At Provider’s or Project Owner’s expense, the Project shall be fully operational and as of the Initial Shown Date (i) Provider shall be able to satisfy its obligations herein and (ii) the Project shall be able to generate Capacity Attributes that enable Provider to commit the Showing Quantity and perform the Showing Commitment Actions.
At Provider’s or Project Owner’s expense, Provider or Project Owner, as applicable, shall have secured all CAISO and Governmental Approvals as are necessary for the safe and lawful operation and maintenance of the Project and to enable Provider to commit Showing Quantity and perform the Showing Commitment Actions.
Neither the Showing Quantity nor the Showing Commitment shall confer to CPE any rights to dispatch or receive Energy or Ancillary Services from the Project, or any value of such Energy or Ancillary Services.
Notwithstanding Section Ten.1 of this Agreement, CPE shall have the right, but not the obligation, to notify the CPUC, the CAISO, and any Governmental Authority having jurisdiction, if Provider fails to perform the Showing Commitment Actions in any Showing Year or any Showing Month.
Provider shall release, defend, indemnify and hold harmless CPE, against and from any Indemnifiable Losses, which arise out of or relate to or are in any way connected with Provider’s provision of the Showing Quantity or performance, or failure to perform, any of the Showing Commitment Actions.
Notwithstanding Section 10.1 of this Agreement, CPE shall have the right, but not the obligation, to notify the CPUC, the CAISO, and any Governmental Authority having jurisdiction, if Provider fails to perform the Showing Commitment Actions in any Showing Year or any Showing Month.
The “Showing Commitment Actions” means, collectively, the actions specified in subsections (a) through (f) of this Section 3.2. Provider’s obligation to perform the Showing Commitment Actions shall be referred to as the “Showing Commitment”.