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Solar Credits Sample Clauses

Solar CreditsDuring the Term, Subscriber will receive a xxxx credit in accordance with Cooperative Policy No. 2.50 – Distributed Generation, Section III, Part E (3)(c)(1-3) (as may be amended from time to time), for the share of energy production attributable to Subscriber’s Allocated Capacity (“Solar Credits”). The monthly energy production attributed to Subscriber’s Allocated Capacity shall be determined by dividing the monthly kWh energy production attributable to Available Capacity in the prior month less the Reserved Percentage (if any) by the number of total Subscription Units. The resulting amount will be the credits in kWhs allocated per Subscription Unit.
Solar Credits. Solar Credits are the value determined by the Utility of the electricity produced by the Solar System which is allocated to you. The Utility may choose to indicate your Solar Credits on your electric bill as either a dollar amount or in terms of the kilowatt hours allocated to you from the Solar System. Your Solar Credits will appear as a separate line on your electric bill. In Maryland the value of the Solar Credits, unless otherwise determined by regulators or the Utility, is equal to the retail electricity rate charged to residential consumers, inclusive of supply and delivery charges. Your Solar Credits reduce your costs of electricity from other sources such as fossil fuel plants but may not be applied to offset certain non-by-passable charges such as demand charges, monthly billing fees, and taxes. Therefore, your Solar Credits will reduce only a portion of your electricity bill and your discount only applies to your Solar Credits, not to your entire electric bill.
Solar CreditsDuring the Term, Subscriber will receive a xxxx credit in accordance with Cooperative Policy No.
Solar CreditsDuring the Term, Subscriber will receive a xxxx credit in accordance with Cooperative Policy Rate Bulletin-Rider 760 (as may be amended from time to time),] for the share of energy production attributable to Subscriber’s Allocated Capacity (“Solar Credits”). The monthly energy production attributable to Subscriber’s Allocated Capacity shall be determined by dividing the monthly kWh energy production attributable to the Solar Facility in the prior month by the total number of Subscription Units, both subscribed and unsubscribed. The resulting amount will be the credits in kWhs per Subscription Unit. In the event Subscriber ceases to take electric service at eligible rate classification described in Section 1.2, Solar Credits shall be applied based on current kWh charge under the Subscriber’s original rate classification up to 50% the Subscriber’s monthly kWh usage.
Solar CreditsThe Solar Credit(s), based on the amount of electrical energy output will be calculated as follows: 5.1. AEC will calculate the Solar Credit(s) by dividing the Total Power Output of the Solar Facility by the number of solar panels in the facility, and be rounded down to the nearest kWh. 5.2. The actual electric production for the entire Solar Facility will be recorded on a calendar-month basis. The appropriate credit(s) will be applied to the Member’s xxxx the following month after that production. Solar Credit(s) will be based upon the attached Attachment B. 5.3. In the event the applicable service account associated with this Agreement is removed and/or not in active service, and the Member has not directed AEC to transfer the Solar Credits to a different account within 30 days, the solar credits of these panels will be retained and utilized by the entire membership of AEC during the remaining term of this agreement. The credits associated with this production will be applied in a way deemed acceptable by AEC. 5.4. In the event the Member with an active account does not have electric usage for a month, the Solar Credit(s) will accumulate and be applied in future months when there is electric usage. If there are twelve (12) consecutive months of no electric usage, the Solar Credit(s) will be forfeited, in accordance with provision 5.3. 5.5. Solar Credit(s) will be applied monthly to reduce member’s electric xxxx. Member’s xxxx for electric usage needs to exceed the amount of Solar Credit(s) annually to participate in the Community Solar Facility Program. Accumulated, unused Solar Credit(s) will not be refunded, transferred or donated.
Solar Credits 

Related to Solar Credits

  • The Credits 10 2.1 Commitment...............................................................................................10 2.2

  • Service Credits Employees on parental leave shall be entitled to normal accumulation of service credits for the duration of the parental leave.

  • Credits An employee shall earn sick leave credits at the rate of nine decimal three seven five (9.375) hours for each calendar month for which such employee receives pay for at least seventy-five (75) hours.

  • Service Level Credits If Verint does not meet the Uptime Percentage levels specified below, Customer will be entitled, upon written request, to a service level credit (“Service Level Credit”) to be calculated, with respect to the applicable Hosted Environment, as follows: • If Uptime Percentage is at least 99.95% of the month’s minutes, no Service Level Credits are provided; or • If Uptime Percentage is 99.75% to 99.94% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is 99.50% to 99.74% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 7.5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is less than 99.50% of the month’s minutes, Customer will be eligible for a credit of 10.0% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint. Customer shall only be eligible to request Service Level Credits if Customer notifies Verint in writing within thirty (30) days from the end of the month for which Service Level Credits are due. All claims will be verified against Verint’s system records. In the event after such notification Verint determines that Service Level Credits are not due, or that different Service Level Credits are due, Verint shall notify Customer in writing on that finding. With respect to any Services Level credits due under Orders placed directly by Customer on Verint, Service Level Credits will be applied to the next invoice following Customer’s request and Verint’s confirmation of available credits; with respect to any Service Level Credits due for SaaS Services under Orders placed on Verint by a Verint authorized reseller on Customer’s behalf, Service Level Credits will be issued by such reseller following Customer’s request and Verint’s confirmation of available credits and such Services Level Credits may only be used by Customer with respect to subsequent purchases of Verint offerings through that reseller. Service Level Credits shall be Customer’s sole and exclusive remedy in the event of any failure to meet the Service Levels. Verint will only provide records of system availability in response to Customer’s good faith claims.

  • Rebates, Credits and Refunds The HSP: (a) acknowledges that rebates, credits and refunds it anticipates receiving from the use of the Funding have been incorporated in its Budget; (b) agrees that it will advise the Funder if it receives any unanticipated rebates, credits and refunds from the use of the Funding, or from the use of funding received from either the Funder or the Ministry in years prior to this Agreement that was not recorded in the year of the related expenditure; and (c) agrees that all rebates, credits and refunds referred to in (b) will be considered Funding in the year that the rebates, credits and refunds are received, regardless of the year to which the rebates, credits and refunds relate.

  • Refunds and Credits (a) Except as provided in Section 4.02, Parent shall be entitled to all Refunds of Taxes for which Parent is responsible pursuant to Article III, and New BBX Capital shall be entitled to all Refunds of Taxes for which New BBX Capital is responsible pursuant to Article III. For the avoidance of doubt, to the extent that a particular Refund of Taxes may be allocable to a Straddle Period with respect to which the Parties may share responsibility pursuant to Article III, the portion of such Refund to which each Party will be entitled shall be determined by comparing the amount of payments made by a Party (or any of member of such Party’s Group) to a Taxing Authority or to the other Party (and reduced by the amount of payments received from the other Party) pursuant to Articles II and III hereof with the Tax liability of such Party as determined under Section 2.06, taking into account the facts as utilized for purposes of claiming such Refund. If a Party (or any member of its Tax Group) receives a Refund to which the other Party is entitled pursuant to this Agreement, such Party shall pay the amount to which such other Party is entitled (net of any Taxes imposed with respect to such Refund and any other reasonable out-of-pocket costs incurred by such Party with respect thereto) within ten (10) days after the receipt of the Refund. (b) Notwithstanding Section 4.01(a), to the extent that a Party (or any member of its Tax Group) applies or causes to be applied an overpayment of Taxes as a credit toward or a reduction in Taxes otherwise payable (or a Taxing Authority requires such application in lieu of a Refund) and such overpayment of Taxes, if received as a Refund, would have been payable by such Party to the other Party pursuant to this Section 4.01, such Party shall pay such amount to the other Party no later than ten (10) days following the date on which the overpayment is reflected on a filed Tax Return. (c) To the extent that the amount of any Refund under this Section 4.01 is later reduced by a Taxing Authority or in a Tax Proceeding, such reduction shall be allocated to the Party to which such Refund was allocated pursuant to this Section 4.01 and an appropriate adjusting payment shall be made.

  • Transmission Credits No later than thirty (30) days prior to the Commercial Operation Date, the Interconnection Customer may make a one-time election by written notice to the CAISO and the Participating TO to receive Congestion Revenue Rights as defined in and as available under the CAISO Tariff at the time of the election in accordance with the CAISO Tariff, in lieu of a refund of the cost of Network Upgrades in accordance with Article 11.4.1.

  • Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.

  • Tax Credits A Creditor Party which receives for its own account a repayment or credit in respect of tax on account of which the Borrowers have made an increased payment under Clause 23.2 shall pay to the Borrowers a sum equal to the proportion of the repayment or credit which that Creditor Party allocates to the amount due from the Borrowers in respect of which the Borrowers made the increased payment, provided that: (a) the Creditor Party shall not be obliged to allocate to this transaction any part of a tax repayment or credit which is referable to a class or number of transactions; (b) nothing in this Clause 23.4 shall oblige a Creditor Party to arrange its tax affairs in any particular manner, to claim any type of relief, credit, allowance or deduction instead of, or in priority to, another or to make any such claim within any particular time; (c) nothing in this Clause 23.4 shall oblige a Creditor Party to make a payment which would leave it in a worse position than it would have been in if the Borrowers had not been required to make a tax deduction from a payment; and (d) any allocation or determination made by a Creditor Party under or in connection with this Clause 23.4 shall be conclusive and binding on the Borrowers and the other Creditor Parties.

  • Allocation of Financing Amounts The Financing shall be withdrawn in a single tranche. The allocation of the amounts of the Financing to this end is set out in the table below: Allocations Amount of the Financing Allocated (expressed in SDR)