Credit Start Date definition

Credit Start Date means the date on which the Facility has achieved Commercial Operation and generates Utility Credits that are allocated to the Accounts.
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Credit Start Date means the first date on which the Solar Energy Facility achieves Commercial Operations and generates Utility Credits, and such credits have begun to be allocated and credited to Buyer by the LEDC and are being reflected in invoices received by Xxxxx from the LEDC.
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Examples of Credit Start Date in a sentence

  • For those Service Levels which commence after the Service Level Credit Start Date, Service Provider will be liable for Service Level Credits as of the date specified in Attachment 3-A.

  • For this reason, there may be a delay of as long as three (3) months from the date you wish to begin receiving allocations of VDER Credits to your Utility Account (or if this Agreement is entered into prior to Community Solar Project achieving commercial operations, from the Credit Start Date) or the date VDER Credits cease to be allocated to your Utility Account after termination of utility service under the Utility Account identified in this Agreement.

  • As of the date of Commercial Operation and the Credit Start Date, Buyer further represents and warrants that it is the customer of record for and has all necessary rights to the Accounts set forth on Exhibit A hereto.

  • This date is the “Credit Start Date.” Customer understands that Company’s obligations under this Agreement are contingent upon achievement of the Credit Start Date by , and that if the Credit Start Date is not achieved on that date, this Agreement may be terminated as described in Section 23, below.

  • The Parties may mutually agree to extend the Credit Start Date in a writing executed by both Parties.

  • Commencing on the Credit Start Date continuing until the last day of the Term, Xxxxx agrees to purchase, receive, accept and pay Seller for the Buyer Percentage of the Utility Credits generated by the Solar Energy Facility, as measured on a billing cycle basis (as such billing cycle is established by the LEDC) (the “Billing Cycle”).

  • The changes between the original Project Plan and this updated Project Plan are as follows: • The Credit Start Date changed from 15th August 2014 to the 1st September 2014.

  • Any Service Level Defaults prior to the Service Level Credit Start Date will not be considered in the evaluation of a Service Delivery Failure.

  • The term of this Agreement (the “Term”) shall commence on the Effective Date, and shall end at 11:59 PMon the twenty-fifth (25th) anniversary of the Credit Start Date.

  • Commencing on the Credit Start Date continuing until the last day of the Term, Purchaser shall purchase, receive, accept and pay Seller for the Utility Credits allocated to Purchaser’s Accounts for each billing cycle (as such billing cycle is established for Purchaser by the Utility) (the “Billing Cycle”).

Related to Credit Start Date

  • Investment Start Date : means 19 November 2021 or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

  • Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • Index Start Date means 19 January 2015.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Lease Termination Date means the last day of the Lease Term.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Termination Date The scheduled Agreement “termination date” shall be the last day of the month of the month of the Original Solicitation’s Anticipated Award Date plus three years. Example: If the original term is approximately three years, and the solicitation provides an anticipated award date of May 22, 2020, the expiration date of the original three-year term shall be May 31, 2023. Extensions: Any extensions of the original term shall begin on the next day after the day the original term expires.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Origination Date means, with respect to each Mortgage Loan, the date of the Mortgage Note relating to such Mortgage Loan, unless such information is not provided by the Borrower with respect to such Mortgage Loan, in which case the Origination Date shall be deemed to be the date that is 40 days prior to the date of the first payment under the Mortgage Note relating to such Mortgage Loan.

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Exit Management Date means each of the following:

  • Credit allowance date means with respect to any qualified equity investment:

  • Loan Closing Date means the date upon which the Loan is made to the Company.