Designated System definition

Designated System means an electric generation unit that produces electric energy using a Renewable Energy Source that is selected by the IPA through the ABP and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this Agreement shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.
Designated System means the computer hardware and operating system designated on the relevant Order Form.
Designated System shall have the meaning set forth in Section 3.5(e).

Examples of Designated System in a sentence

  • Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems.

  • Any Surplus RECs remaining in the Surplus REC Account with respect to such Designated System shall be returned from Buyer to Seller.

  • Upon such return, Seller may request for the reduction of a portion of the Performance Assurance Amount attributable to such Designated System.

  • Seller pays to Buyer the Collateral Requirement associated with the Designated System plus any extension fees associated with such Designated System that have been paid by Seller to Buyer.

  • For the Quarterly Periods from June through August and from September through November, the quantity of RECs that are eligible for payment shall be equal to the multiplicative product of: (a) the percent of Actual Nameplate Capacity that has been Subscribed as observed on the first Business Day of June and (b) the RECs that have been Delivered from such Designated System during the applicable Quarterly Period.


More Definitions of Designated System

Designated System means a Renewable Energy Facility that is selected by the IPA through the SFA and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this REC Contract shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.” The following is added as Section 1.22.8:
Designated System means the computer hardware and operating system designated on the relevant Order.
Designated System means a single physical system or single virtual instance as may be specified in any Quotation and/or Statement of Work or as may be agreed between the parties;
Designated System means the network or application identified in the applicable Order Form for which the Software may be used to facilitate access.
Designated System means a Customer System on which is installed the listed processor version of the referenced Product or a Combination (as defined in Additional Provision 684), to which one or more Update Subscriptions are designated.
Designated System means a computer system under the physical and managerial control of the Licensee consisting of two or more processors locally interconnected by inter-processor bus cabling.
Designated System or “DSI” means the name of the MicroStrategy metadata that will be accessed by the Products specified in the Order.