Carbon Fund definition

Carbon Fund means one of the two trust funds established under the Facility to receive funding from the Carbon Fund Participants to achieve the objectives as described in Section 2.1;
Carbon Fund means the trust fund established under the Facility to receive funding from Carbon Fund Participants, referred to in the ERPA, for which the World Bank is acting as Trustee;
Carbon Fund means carbon fund in form of mutual fund.

Examples of Carbon Fund in a sentence

  • For the Program Entity: [ ] For the Trustee: Carbon Fund of the Forest Carbon Partnership Facility ▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇.▇.

  • Section 3.05 The Seller Participant understands and agrees that the Trustee will not enter into legal commitments that exceed the capital available in the relevant Tranche of the Carbon Fund or that would provide for delivery of ERs after the termination date of the relevant Tranche.

  • Applications will not be accepted if your proposal is subject to a current or recently withdrawn application for woodland creation funding through Countryside Stewardship or the Woodland Carbon Fund.

  • Provided further that the Sovereign Participant acknowledges that it will not terminate its Contribution Agreement dated 5th December 2006 or take steps to terminate the Irish Green Carbon Fund for as long as there are payment obligations, incurred or contingent, under the AAUPA.

  • The Seller Contribution Credit shall be deducted by the Trustee of the Carbon Fund from any payment due (i.e. the gross amount before any other deductions are applied, if any) to the Seller Participant for ERs delivered under the terms of the ERPA.

  • The Sovereign Participant hereby:- (i) acknowledges receipt of a copy of the General Conditions and the Rules, each as in force as of the date of this Agreement; and (ii) agrees that the General Conditions and the Rules shall apply to this Contribution Agreement and any Green Carbon Fund Commitment made pursuant to this Agreement and to each Contribution, as if incorporated herein in full.

  • Seller has not received notice that any --------------- party to any of the Contracts intends to cancel or terminate any of the Contracts or exercise or not exercise any options that they might have under any of the Contracts.

  • The Buyer Participant herewith authorizes the IBRD to make the Fund assets available to the Carbon Fund and/or the CADF in accordance with Section 4.2 below.

  • Section 5.01 In case of the execution of an ERPA between the Trustee of the Carbon Fund and the Seller Participant with respect to a Program and in accordance with Section 6.4 of the Instrument, payment to the Seller Participant for ERs delivered under the terms of the ERPA shall be subject to the Seller Contribution Credit.

  • The achievement of the relevant CSH/BREEAM standard will primarily be achieved via a planning Carbon Fund based on the residual carbon emissions of the development set out in the energy performance certificate for each building and quantified over 10 years, (as set out in policy CS10 or its replacement).

Related to Carbon Fund

  • the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.