Avoided Conversion Project definition

Avoided Conversion Project means a type of forest project consisting of specific actions that prevent the conversion of privately owned forestland to a non-forest land use by dedicating the land to continuous forest cover through a conservation easement or transfer to public ownership.
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Examples of Avoided Conversion Project in a sentence

  • An Avoided Conversion Project may involve tree planting and harvesting as part of the project activity.

  • An Avoided Conversion Project is only eligible if it can fully satisfy the eligibility rules in the Regulation and:1.

  • For a Reforestation or Avoided Conversion Project, the Forest Owner must retire a quantity of CRTs from its Reserve account equal to the total number of CRTs issued to the project over the preceding 100 years.

  • For a Reforestation or Avoided Conversion Project, a quantity of CO2 Allowances equal to the total number of CO2 Offset Allowances Awarded to the project over the preceding 100 years must be retired.

  • An Avoided Conversion Project may involve tree planting and harvesting as part of the project activity.Avoided Conversion Projects are eligible only on lands that are privately owned prior to offset project commencement.

  • For a Reforestation or Avoided Conversion Project, a quantity of Compliance Instruments equal to the total number of ARB Offset Credits issued, and where applicable, all Early Action Offset Credits issued pursuant to section 95990(i) of the Regulation, to the project over the preceding 100 years must be retired.

  • An Avoided Conversion Project involves preventing the conversion of forestland to a non-forest land use by dedicating the land to continuous forest cover through a conservation easement or transfer to public ownership.

  • Avoided Conversion Project activities cannot be legally required (as defined in 3.1 above) at the time of offset project commencement.

  • In the specific case of an Avoided Conversion Project the protocol requires the use of a conservation easement or transfer to public ownership.

  • Avoided Conversion ProjectsAn Avoided Conversion Project satisfies the Performance Test if a real estate appraisal for the Project Area (as defined in Section ) is submitted indicating the following: The Project Area is suitable for conversion.

Related to Avoided Conversion Project

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Conversion condominium means a condominium containing structures which before the recording of the declaration, were wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of such purchasers.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Applicable Conversion Price means the Conversion Price in effect at any given time.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Major conversion means a conversion of an existing ship:

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Permitted Convertible Indebtedness Call Transaction means any Permitted Bond Hedge Transaction and any Permitted Warrant Transaction.

  • Conversion building means a building that at any time before creation of the common interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.