Carbon Offsets Sample Clauses

Carbon Offsets. Landlord shall be entitled to all Carbon Offset Credits that may be created, credited or recoverable as a result of activities conducted within the Premises or the Building, excluding Carbon Offset Credits to which Tenant is entitled in accordance with Applicable Law. Landlord shall be entitled to allocate, acting reasonably, Carbon Offset Credits created with the participation of Tenant and/or other tenants in the Building.
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Carbon Offsets. (i) Unless governed by a separate written agreement between the parties hereto, the COFs (as defined below) ordered by Customer and retired by World Fuel are governed by this Section 2.6.
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Carbon Offsets. A carbon offset is a mandatory or voluntary mechanism that allows individuals, companies and organizations to reduce their carbon dioxide equivalent on the atmosphere in one area by investing in projects that reduce carbon dioxide equivalent on the atmosphere in another area. One carbon offset represents the reduction or removal of one metric tonne of carbon dioxide equivalent from the atmosphere. The Environmental Protection Agency (EPA) defines a carbon offset as “a tradable, environmental commodity that represents the reduction of a specific amount of GHG emissions to the atmosphere and is measured in tons.” Carbon offset is a complicated topic and have been subject to many controversies in the past few decades since its inception. Carbon offsets exist in both mandatory and voluntary markets. While the mandatory market is aimed at heavy emitters and regulated by their respective authorities under international, national and regional requirements, there is no universally agreed upon international standards or frameworks for voluntary carbon offsets. The International Organization of Standardizations (ISO)’s standards for greenhouse gas accounting and verification (ISO 14064 and ISO 14065) underpins the development of most of the independent third party standards for voluntary carbon offsets. In addition, the Global Carbon Project (GCP) in its report on Carbon Reductions and Offsets11 established underlying principles (or criteria) for carbon offset projects to ensure trading credibility and real atmospheric carbon reductions using the features of Clean Development Mechanism (CDM) as the benchmark. According to the GCP report,
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Carbon Offsets. 14.1. Supplier may offer to Buyer and Buyer may purchase from Supplier a separate service whereby Supplier will arrange for the purchase of Carbon Offsets from a reputable third-party provider or affiliated company in either Supplier’s or Buyer’s name as mutually agreed in the Supplier Contract.
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Carbon Offsets. Any sums received from Carbon Offset optional purchases made by customers. Unless revenues are expressly and particularly excluded from Gross Revenues under this Agreement, such revenues shall be included in the definition of Gross Revenues. Company’s exclusion from Gross Revenues of any revenues required to be included under this Agreement will subject Company to any remedies set forth herein.
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Carbon Offsets. The Company acquires carbon offset credits in accordance with carbon offset protocols established and governed by independent, third-party registries, including but not limited to the Climate Action Reserve, American Carbon Registry, the Verified Carbon Standard and the Gold Standard (“Registry” or “Registries”). The carbon offset credits are issued and stored by the applicable Registry and each offset credit, once issued, has a unique and distinct serial number. When you make an order and payment to us, the corresponding number of credits are identified for retirement. The Company then retires the identified number of credits on a Registry. The serial number corresponding to the retired credits is entered into the Company’s internal tracking system and linked to your payment. We will provide proof of actions for all carbon offset purchases which demonstrate, as determined by us in our reasonable discretion, that the requested quantity of carbon emissions have been reduced/sequestered. The Company retires offsets annually and reserves the right to choose or substitute carbon offset projects in our reasonable discretion up until retirement. Sustainable Aviation Fuel Sustainable aviation fuel, or “SAF,” is jet fuel refined from sustainable feedstocks as defined by the International Civil Aviation Organization Secretariat as “CORSIA Eligible Fuels". A sustainable aviation fuel credit, or “SAFc,” is a tradeable credit that represents one unblended gallon of SAF and its associated emissions reduction of greenhouse gases. The Company may in its sole discretion acquire SAF and SAFc generated from any specified SAF resource so long as the specified SAF resource and its associated emission reductions meet all certification requirements as described in the applicable order confirmation. Transactions conducted by the Company in SAF and SAFc on your behalf pursuant to these Terms will be for the benefit of you, and the Company will not make any claims or reserve any rights with respect to environmental attributes of such SAF or SAFc.
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Carbon Offsets. In the greater study area the total predicted carbon emissions over the life of the project was 21,508,675 tons. Of this total, the model predicted 1,665,083 tons in the Climate Action Project Area (See Appendix Table 2). Of the total 21,508,675 tons of carbon emitted in the greater study area, 88.9% was attributed to loss of broadleaf forest. The remaining 11.1% was attributed to the other vegetation classes. In the CAP area, 90.1% was attributed to broadleaf forest loss. The remaining 9.9% was attributed to the other vegetation classes (thicket and other degenerated forest = 6.3%) (Figure 12). 3 - THICKET & OTHER DEGENERATED FOREST 6 - BROADLEAF FOREST 7 - SAVANNAH 8 - BROADLEAF FOREST - OPEN (WOODLAND) 14 - BAMBOO & RIPARIAN VEGETATION 16 - PINE FOREST 18 - PINE FOREST - OPEN Total C emission / year (a) 3,500,000 3,000,000 CARBON 2,500,000 2,000,000 1,500,000 1,000,000 500,000 2040 2035 2030 2025 2020 2015 2010 2005 2000 1999 0 YEAR
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Carbon Offsets. A carbon offset is a mandatory or voluntary mechanism that allows individuals, companies and organizations to reduce their carbon dioxide equivalent on the atmosphere in one area by investing in projects that reduce carbon dioxide equivalent on the atmosphere in another area. One carbon offset represents the reduction or removal of one metric tonne of carbon dioxide equivalent from the atmosphere. The Environmental Protection Agency (EPA) defines a carbon offset as “a tradable, environmental commodity that represents the reduction of a specific amount of GHG emissions to the atmosphere and is measured in tons.” Carbon offset is a complicated topic and have been subject to many controversies in the past few decades since its inception. Carbon offsets exist in both mandatory and voluntary markets. While the mandatory market is aimed at heavy emitters and regulated by their respective authorities under international, national and regional requirements, there is no universally agreed upon international standards or frameworks for voluntary carbon offsets. The International Organization of Standardizations (ISO)’s standards for greenhouse gas accounting and verification (ISO 14064 and ISO 14065) underpins the development of most of the independent third party standards for voluntary carbon offsets. In addition, the Global Carbon Project (GCP) in its report on Carbon Reductions and Offsets11 established underlying principles (or criteria) for carbon offset projects to ensure trading credibility and real atmospheric carbon reductions using the features of Clean Development Mechanism (CDM) as the benchmark. According to the GCP report, “A high quality carbon offset project should have at least the following three qualities. It must (i) be counted only once; ii) be additional, transparent and verifiable; and (iii) avoid leakage.” Further, the report recommends carbon offset project establish permanence, efficiency and consider projects with societal and economic benefits in addition to offsets – offset plus. Carbon offset project types mostly consist of: Energy Efficiency (EE), Renewable Energy (RE), Reduced Emissions from Degradation and Deforestation (REDD+), Bio-Sequestration, Energy-from-Waste Capture, Mine Methane Capture (MMC), Livestock Methane Capture, Ozone Depleting Substances (ODS) Destruction, and Transport Emissions Reduction - to name a few. Various standards have emerged in the voluntary carbon markets and can be characterized as either independent t...
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Related to Carbon Offsets

  • Offsets The SBA reserves the right to offset amounts payable to the SBA from the Company, including amounts payable under the Reimbursement Contract for any Contract Year and also including the Company’s full Reimbursement Premium for the current Contract Year (regardless of installment due dates), against any

  • No Offsets The obligations of Maker under this Note shall not be subject to reduction, limitation, impairment, termination, defense, set-off, counterclaim or recoupment for any reason.

  • No Offset, etc All payments by the Borrower hereunder and under any of the other Loan Documents shall be made without setoff or counterclaim and free and clear of and without deduction for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, compulsory loans, restrictions or conditions of any nature now or hereafter imposed or levied by any jurisdiction or any political subdivision thereof or taxing or other authority therein unless the Borrower is compelled by law to make such deduction or withholding. If any such obligation is imposed upon the Borrower with respect to any amount payable by it hereunder or under any of the other Loan Documents, the Borrower will pay to the Agent, for the account of the Banks or (as the case may be) the Agent, on the date on which such amount is due and payable hereunder or under such other Loan Document, such additional amount in Dollars as shall be necessary to enable the Banks or the Agent to receive the same net amount which the Banks or the Agent would have received on such due date had no such obligation been imposed upon the Borrower. The Borrower will deliver promptly to the Agent certificates or other valid vouchers for all taxes or other charges deducted from or paid with respect to payments made by the Borrower hereunder or under such other Loan Document.

  • Oil and Gas Properties Borrower will and will cause each of its Subsidiaries to, do or cause to be done all things reasonably necessary to preserve and keep in good repair, working order and efficiency all of its Oil and Gas Properties and other material Properties including, without limitation, all equipment, machinery and facilities, and from time to time will make all the reasonably necessary repairs, renewals and replacements so that at all times the state and condition of its Oil and Gas Properties and other material Properties will be fully preserved and maintained, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts. Borrower will and will cause each of its Subsidiaries to promptly: (i) pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties, (ii) perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties, (iii) will and will cause each Subsidiary to do all other things necessary to keep unimpaired, except for Liens described in Section 9.03, its rights with respect to its Oil and Gas Properties and other material Properties and prevent any forfeiture thereof or a default thereunder, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts and except for Transfers permitted by Section 9.

  • Revenues 1. Earnings generated during the project implementation through the sales of products and merchandise, participation fees or any other provisions of services against payment must be deducted from the amount of costs incurred by the project in line with Art 61 of Regulation 1303/2013 and stipulations in the programme implementation manual.

  • Net Tangible Assets Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Redemption.

  • Other Sales Without the prior written consent of Canaccord (which consent shall not be unreasonably withheld, conditioned or delayed), the Company will not (A) directly or indirectly, offer to sell, sell, announce the intention to sell, contract to sell, pledge, lend, grant or sell any option, right or warrant to sell or any contract to purchase, purchase any contract or option to sell or otherwise transfer or dispose of any Common Shares (other than the Shares offered pursuant to the provisions of this Agreement) or securities convertible into or exchangeable for Common Shares, warrants or any rights to purchase or acquire, Common Shares or file any registration statement under the Securities Act with respect to any of the foregoing (other than a registration statement on Form S-8), or (B) enter into any swap or other agreement or any transaction that transfers in whole or in part, directly or indirectly, any of the economic consequence of ownership of the Common Shares, or any securities convertible into or exchangeable or exercisable for or repayable with Common Shares, whether any such swap or transaction described in clause (A) or (B) above is to be settled by delivery of Common Shares or such other securities, in cash or otherwise, during the period beginning on the fifth (5th) Business Day immediately prior to the date on which any Placement Notice is delivered by the Company hereunder and ending on the fifth (5th) Business Day immediately following the final Settlement Date with respect to Placement Shares sold pursuant to such Placement Notice. The foregoing sentence shall not apply to (i) Common Shares, options to purchase Common Shares or Common Shares issuable upon the exercise of options, restricted share awards, restricted share unit awards, Common Shares issuable upon vesting of restricted share unit awards, or other equity awards or Common Shares issuable upon exercise or vesting of equity awards, pursuant to any employee or director (x) equity award or benefits plan or otherwise approved by the Company’s Board of Directors, (y) share ownership or share purchase plan or (z) dividend reinvestment plan (but not shares subject to a waiver to exceed plan limits in its dividend reinvestment plan) of the Company whether now in effect or hereafter implemented, and (ii) Common Shares issuable upon conversion of securities or the exercise of warrants, options or other rights in effect or outstanding on the date hereof.

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • Set-Offs After the occurrence and during the continuance of an Event of Default, Borrower hereby irrevocably authorizes and directs Lender from time to time to charge Borrower’s accounts and deposits with Lender (or its Affiliates), and to pay over to Lender an amount equal to any amounts from time to time due and payable to Lender hereunder, under the Note or under any other Loan Document. Borrower hereby grants to Lender a security interest in and to all such accounts and deposits maintained by the Borrower with Lender (or its Affiliates).

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