Storage Round Trip Efficiency definition

Storage Round Trip Efficiency means, in respect of the Storage Facility and a specified period of time, the ratio (expressed as a percentage) of (a) the total amount of energy (in MWh) discharged from the Storage Facility during such period of time and (b) the total amount of energy (in MWh) charged to the Storage Facility during such period of time, all as determined pursuant to Exhibit V.
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Storage Round Trip Efficiency means, in respect of the Storage Facility and a specified period of time, the ratio (expressed as a percentage) of (a) the total amount of energy (in MWh) discharged from the Storage Facility during such period of time and (b) the total amount of energy (in MWh) charged to the Storage Facility during such period of time, all as determined pursuant to Exhibit V. “Storage Round Trip Efficiency Damages” is defined in Exhibit V.
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Storage Round Trip Efficiency is defined in Exhibit V.
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Examples of Storage Round Trip Efficiency in a sentence

  • The invoice for such Storage Round Trip Efficiency Damages will include a written statement explaining in reasonable detail the calculation of such Storage Round Trip Efficiency Damages in accordance with Exhibit V.

  • During the Term, the Storage Facility must maintain a Storage Round Trip Efficiency during each Contract Year of no less than the Storage Round Trip Efficiency Guarantee applicable to such Contract Year.

  • Except in the case of an Event of Default pursuant to Section 11.1.2(l), Storage Round Trip Efficiency Damages will be PacifiCorp’s sole remedy for Seller’s failure to satisfy the Storage Round Trip Efficiency Guarantee in accordance with the requirements set forth in Exhibit V.

  • If Seller fails to satisfy the Storage Round Trip Efficiency Guarantee in accordance with the requirements set forth in Exhibit V, then Seller will be liable to PacifiCorp for the Storage Round Trip Efficiency Damages calculated and paid in accordance with Exhibit V.

  • PacifiCorp will be entitled to draw upon the Default Security for: (A) Storage Availability Damages, Storage Round Trip Efficiency Damages, Storage Power Capacity Damages or Storage Ramp Rate Damages due but unpaid to PacifiCorp under this Agreement; (B) damages if this Agreement is terminated under Section 11 because of an Event of Default when Seller is the Defaulting Party; and (C) any other amounts owing and not timely paid by Seller to PacifiCorp under this Agreement.

  • Each Party acknowledges and agrees that: (a) the damages PacifiCorp would incur due to Seller’s failure to satisfy the Storage Round Trip Efficiency Guarantee are difficult or impossible to predict with certainty; (b) it is impractical and difficult to assess actual damages in these circumstances; and, therefore, (c) Storage Round Trip Efficiency Damages as agreed to by the Parties are a fair and reasonable calculation of damages and not a penalty.

  • PacifiCorp will be entitled to draw upon the Project Development Security for: (A) any Delay Damages, Storage Power Capacity Damages, Availability Damages and Storage Round Trip Efficiency Damages due but unpaid to PacifiCorp under this Agreement; (B) damages if this Agreement is terminated under Section 11 because of an Event of Default when Seller is the Defaulting Party; and (C) any other amounts owing and not timely paid by Seller to PacifiCorp under this Agreement.

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