Crediting Period definition
Examples of Crediting Period in a sentence
If the Project generates any Certified Emission Reductions after the Crediting Period, Purchaser shall enter into negotiations with Project Proponent with a view to concluding an agreement on the purchase of such Certified Emission Reductions based on the principles of this Agreement but amended in order to reflect the international and/or national rules then applicable.
Each subsequent Crediting Period shall be the semi-annual period occurring between the 15th of each June and December thereafter.
Each subsequent Crediting Period shall be the semi-annual period occurring between the 15th of each January and July thereafter.
GUARANTEED RATE: -% for the first Crediting Period, and for all subsequent Crediting Periods, the Index Rate [plus - basis points] [times 1.-%], determined as of the - Business Day prior to the start of each Crediting Period.
If your current contract allocation instructions include a 100% allocation to a strategy with a Rate Guarantee Period longer than its Crediting Period, additional Purchase Payments must be accompanied by an allocation instruction.