Credits or Incentives definition

Credits or Incentives means (i) any and all environmental benefits, air quality credits, emissions reductions, offsets and allowances, any renewable energy credits or similar credits or certificates and any other tradable energy or environmental related commodity produced by or associated with the Project and (ii) any and all financial incentives, from whatever source, related to the construction, ownership or operation of the Project, including, without limitation, (A) federal, state or local tax credits, (B) any other financial incentives in the form of credits, reductions, or allowances that are applicable to a local, state or federal income taxation obligation and (C) other grants, rebates or subsidies, including utility incentive programs.
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Credits or Incentives means (i) any and all environmental benefits, air quality credits, emissions reductions, offsets and allowances, any renewable energy credits or similar credits or certificates and any other tradable energy or environmental related commodity produced by or associated with the Project and
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Examples of Credits or Incentives in a sentence

  • Any additional collateral, such as any new Mortgage on the Property or other assets of Borrower or a security interest in any Credits or Incentives, shall be addressed in a separate agreement among Borrower, Lender and any other required parties, as applicable.

Related to Credits or Incentives

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Awards means, collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Phantom Stock, Restricted Stock, Performance Awards, or Other Stock or Performance Based Awards.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

  • Incentives means those payments made by the Program Administrator to Customers pursuant to the Program and these Terms and Conditions.

  • Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.