Applicable Program definition

Applicable Program means a domestic, international or foreign RPS, renewable energy, emissions reduction or Product Reporting Rights program, scheme or organization, adopted by a Governmental Authority or otherwise, or other similar program with respect to which exists a market, registry or reporting for particular Environmental Attributes. An Applicable Program includes any legislation or regulation concerned with renewable energy, oxides of nitrogen, sulfur, or carbon, with particulate matter, soot, or mercury, or implementing the UNFCCC or crediting “early action” with a view thereto, or laws or regulations involving or administered by an Administrator, or under any present or future domestic, international or foreign RECs, Products, Environmental Attributes or emissions trading program. Applicable Programs do not include legislation providing for production tax credits or other direct third-party subsidies for generation by a Renewable Energy Source.

Applicable Program means the Illinois Renewable Portfolio Standard, as established under 20 Ill. Comp. Stat. 3855/1-75, or successor.

Applicable Program means the Adjustable Block Program contained within the Illinois Renewable Portfolio Standard, as established under 20 Ill. Comp. Stat. 3855/1-75, or successor.

Examples of Applicable Program in a sentence

• With respect to the Transaction, Seller represents that the Product complies with the Applicable Program and such representation is made and effective as of each Delivery Date, and regardless of any Government Action occurring after the Trade Date, Seller must Deliver Product that complies with the Applicable Program as of each Delivery Date.

• All RECs Delivered by Seller under this Agreement must allow Buyer to meet its obligations under the Applicable Program for the Delivery Year for which such RECs were Delivered.

• The Parties acknowledge that the Applicable Program, which among other things establishes the conditions for a market for certain Products, may be the subject of Government Action (including court challenge) that could adversely affect the eligibility of a Product to meet the requirements of an Applicable Program or otherwise alter the requirements of the Applicable Program, or make a Product unavailable or dramatically diminished or increased in value.

• Government Action that changes in any respect the value of a Product (without rendering the Product out of compliance with the Applicable Program), will have no effect on the obligation of the Parties to purchase and sell such Product at the price and on the terms set forth in this Agreement.

More Definitions of Applicable Program

Applicable Program means all present and future domestic, international or foreign renewable portfolio standard, renewable energy, emissions reduction or product reporting rights program, scheme or organization, adopted by a Government Agency or otherwise, or other similar program with respect to which exists a market, registry or reporting for particular Environmental Attributes. An Applicable Program includes any legislation or regulation concerned with renewable energy, oxides of nitrogen, sulfur, or carbon, with particulate matter, soot, or mercury, or laws or regulations involving or administered by an Administrator, or under any present or future domestic, international or foreign RECs, Environmental Attributes or emissions trading program.

Applicable Program means the Solar for All Program contained within the Illinois Renewable Portfolio Standard, as established under 20 Ill. Comp. Stat. 3855/1-56, or successor.

Applicable Program means any program for which either the superintendent of public instruction, the United States secretary of education, or the United States department of education has administrative responsibility as provided by law or by delegation of authority pursuant to law. The term includes each program for which the United States secretary of education or the United States department of education has administrative responsibility for under the department of education organization act (20 U.S.C. 3401 et seq.) or under other federal law.

Applicable Program means any of the following Elementary and Secondary Education Act (20 U.S.C. 2701 et. seq.) programs:

Applicable Program means a domestic, international or foreign renewable or alternative energy, emissions reduction or emissions quantification, certification or reporting program, scheme, organization or Legal Requirement, adopted by a Governmental Authority or otherwise, or other similar program, public or private, with respect to which exists a market of any size, a registry or a reporting system for or with respect to ERCs or attributes of ERCs. Without limiting the generality of the foregoing, Applicable Program includes any legislation introduced into the U.S. Congress between 2000 and the date of this Agreement, whether or not enacted, as well as any current, or future legislation or regulation concerned with renewable energy, alternative energy, carbon or carbon-equivalents, greenhouse gases, or any actions that would result in or be recognized as “early action” under such programs, or any Legal Requirement involving or administered by any Governmental Authority, GIS or any other entity, public or private, that may or does certify the generation of an ERC under any present or future domestic, international, or foreign ERC or other emissions trading program.

Applicable Program means the RPS established under the Illinois Act.

Applicable Program means the programs authorized under: