Carbon Credits definition

Carbon Credits means Environmental Attributes consisting of greenhouse gas emission credits, certificates, or similar instruments.

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Carbon Credits means carbon allowances, carbon offsets, forest offsets and other environmental attributes including, without limitation, renewable energy certificates and clean/low carbon fuel standard credits.

Carbon Credits means the entitlement to any tradable credits or rights associated with the Trees (including any lost Trees) resulting from the ability of the Trees (including any lost Trees) to absorb greenhouse gases.

Examples of Carbon Credits in a sentence

• The aggregate purchase price for this purchase of the Carbon Credits shall be USD $1,108,585 (the “Purchase Price”) The Buyer shall pay the Purchase Price to Seller in consideration for 170,552 shares of common stock of Buyer (the “Shares”) valued at $6.50 per share (the “Initial Valuation Price”).

• There is no claim, action, suit, proceeding or governmental investigation (“Action”) of any nature pending or, to Seller’s knowledge, threatened against or by Seller (a) relating to or affecting the Carbon Credits; or (b) that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement.

• Seller has complied, and is now complying, with all applicable laws and regulations applicable to ownership and use of the Carbon Credits.

• Subsequent to Closing, Seller and Buyer shall use their best efforts to obtain any required approval to transfer the Carbon Credits in a timely manner.

• Buyer shall not assume any liabilities or obligations of Seller of any kind related to the Carbon Credits, whether known or unknown, contingent, matured or otherwise, whether currently existing or hereinafter created.

More Definitions of Carbon Credits

Carbon Credits. The amount of carbon dioxide (CO2) and other greenhouse gases not produced as a result of generation of energy by the Complex, and other environmental air quality credits and related emissions reduction credits or benefits (economic or otherwise) related to the generation of energy by the Complex, which are available or can be obtained in relation to the Complex after the Commercial Operations Date.

Carbon Credits means voluntary carbon offsets from internationally recognised organisation(s) or institution(s);

Carbon Credits means a tradeable certificate or permit representing the right to emit one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas.

Carbon Credits means Carbon Emission Reduction certificates or other similar procedures under various bilateral and multi-lateral carbon limiting protocols

Carbon Credits means units of credit granted for a specific quantity of carbon dioxide successfully sequestered in the ground via Enhanced Oil Recovery or into an approved location, based on an approved measurement and monitoring protocol that enables the units to be used in a carbon trading market.

Carbon Credits. Any tradable or sellable certificates or permits (and other environmental air quality credits and related emissions reduction credits or benefits (economic or otherwise)) that are derived by the producer of energy from generation sources that do not produce or emit carbon dioxide or other greenhouse gases.

Carbon Credits means credits arising from the reduction of methane or carbon dioxide emissions at the Project, the North City Cogeneration Facility, the Phase III Cogeneration Facility or the NCEP which have value and can be traded or sold to third parties as carbon emissions offset credits under various standards and protocols on state, regional, United States or international carbon emissions reduction voluntary markets or under a future mandatory state, regional, national or international carbon emissions reduction program.