DERs definition
DERs means dividend equivalent rights, which are the right to receive amounts on related Stock awards that are linked to dividends on the Stock and that may be paid currently in cash or Stock, or accrued in shares of deferred stock with or without compounding through subsequent payments or accruals on the accrued shares. Payment of such deferred stock from DER accruals on Stock Options and Stock Appreciation Rights may or may not be contingent upon the exercise of the related award, as determined by the Committee at the time of grant.
DERs means Accrued DERs and Current-pay DERs.
DERs. Each Phantom Unit granted under this Agreement shall be issued in tandem with a corresponding DER each of which shall entitle the Participant to receive payments in an amount equal to Partnership distributions with respect to a Unit in accordance with Section 3 below.
More Definitions of DERs
DERs has the meaning set forth in the UBP DERS approved by the Commission and as it may be amended from time to time, which is “[a] supplier of one or more DERs that participates in a Commission authorized and/or utility or DSP-operated program or market. DERS may choose to provide DERs as standalone products or services, or may choose to bundle them with energy commodity. CDG Providers and On-Site Mass Market DG Providers are included within the definition of DERS. Entities which sell both DERs and energy commodity are both DERS and ESCOs.”
DERs means electrical power or capacity resources, such as distributed renewable generation, energy efficiency, energy storage and demand response technologies, interconnecting directly to a distribution-level grid or sited at or within a load center connecting to a distribution grid.
DERs means Dividend Equivalent Rights.
DERs. Each Phantom Unit granted under this Agreement shall be issued in tandem with a corresponding DER each of which shall entitle the Participant to receive payments in an amount equal to Partnership distributions with respect to a Unit in accordance with Section 3 below. Unless otherwise determined by the Committee in its discretion, no DER payments shall be made with respect to unvested Phantom Units after the date of a Participant’s termination of Service, regardless of whether such Phantom Units have yet been forfeited.
DERs means each of Seller’s newly constructed electric generating facilities, which have never generated electricity before the Initial Delivery Date, except for testing pursuant to this Agreement, each as more particularly described in Exhibit B, together with all materials, equipment systems, structures, features and improvements necessary to produce electric energy at each facility, [and, with respect to the Shared Facilities, Seller’s interests in such Shared Facilities] excluding each DER Site, land rights and interests in land, and as further defined in the CAISO Tariff. {SCE Note: Language applicable to projects that utilize Shared Facilities.}.] {SCE Note: DERs only}