AMOUNT AND FORM OF PARTICIPANT INCENTIVE Sample Clauses

AMOUNT AND FORM OF PARTICIPANT INCENTIVE. The Participant acknowledges that the total amount of the estimated Participant Incentives set forth in the Application is based upon estimated Demand Savings, estimated Energy Savings and estimated Eligible Costs based on the Application and, subject to the following, will be the maximum amount payable hereunder. Upon the completion and verification of each Project, the LDC will recalculate the amount of the Participant Incentive based upon the best available information at such time subject, however to the limitation that the recalculated Participant Incentive may not be more than 10% greater than the estimated Participant Incentive in the Application. A Participant may however submit an Application to amend the scope of a Project prior to the completion of that Project, where such change in Project will result in a greater than 10% increase to the Participant Incentive. The total amount of the Participant Incentives determined by the LDC will be paid by the LDC as a lump sum payment within 90 days after the completion of the Project, and any post-project site visits and inspections required in respect thereof, is completed; and Notwithstanding Section 2 above, if the Participant is a Social Housing Provider that has requested an Advance Incentive, such Advance Incentive will be paid upon the acceptance by the LDC of the Application and Section 2 will apply to the balance of the total of the Participant Incentives. If the Participant is a Social Housing Provider and the Project for which that Advance Incentive was made has not been completed within one year of the date the Application was approved, the Participant will no longer be eligible to receive the Social Housing Adder, and any Advance Incentive previously advanced will be repaid to the LDC or the LDC will be entitled to set-off such amount from any Participant Incentive that may become payable.
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AMOUNT AND FORM OF PARTICIPANT INCENTIVE. The Participant acknowledges that the total amount of the estimated Participant Incentives set forth in the Application is based upon estimated Demand Savings, estimated Energy Savings and estimated Eligible Costs based on the Application and, subject to the following, will be the maximum amount payable hereunder. Upon the completion and verification of each Project, the LDC will recalculate the amount of the Participant Incentive based upon the best available information at such time subject, however to the limitation that the recalculated Participant Incentive may not be more than 10% greater than the estimated Participant Incentive in the Application. A Participant may however submit an Application to amend the scope of a Project prior to the completion of that Project, where such change in Project will result in a greater than 10% increase to the Participant Incentive. The total amount of the Participant Incentives determined by the LDC will be paid by the LDC as a lump sum payment, on the later of:
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AMOUNT AND FORM OF PARTICIPANT INCENTIVE. (S): The Participant acknowledges that the total amount of the Participant Incentives set forth in the Application is based upon estimated demand savings, energy savings or estimated Eligible Costs, based on the Application and Worksheets and will be the maximum amount payable hereunder. A Participant may however submit an Application to amend the scope of a Project, prior to the completion of that Project. Upon the completion and verification of each Project, the LDC will recalculate the amount of the Participant Incentive based upon the best available information at such time. The total amount of the Participant Incentives determined by the LDC will be paid by the LDC as a lump sum payment, on the later of:
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AMOUNT AND FORM OF PARTICIPANT INCENTIVE. The Participant acknowledges that the estimated Participant Incentive (as set out in the Application) is an estimate only. The amount payable by the LDC (the “Participant Incentive”) subject to the terms and conditions of this Participant Agreement (the “Agreement”), will be calculated pursuant to Schedule 2.
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