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

  • Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer, with respect to a Designated System, in an amount that exceeds the sum of the Collateral Requirement and one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from such Designated System; and with respect to this Agreement, the sum of such calculation across all Designated Systems under this Agreement.

  • Notwithstanding any other provisions of this Agreement, in no event shall Buyer be liable to Seller, with respect of a Designated System, in an amount that exceeds one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from such Designated System; and with respect to this Agreement, the sum of such calculation across all Designated Systems under this Agreement.

  • Unless extended pursuant to Section 2.4(b)2.4(b), the Scheduled Energized Date shall be the date that is twelve (12) months from the Trade Date of such Product Order if the Designated System is a Distributed Renewable Energy Generation Device, or eighteen (18) months from the Trade Date of such Product Order if the Designated System is a Community Renewable Energy Generation Project.

  • This Agreement may include multiple Quarterly Payment Cycles, but each Designated System shall be associated with only one (1) Quarterly Payment Cycle.

  • The remaining portion shall be paid ratably over the subsequent 6-year period.” due in the upcoming October provided that the invoice amount associated with such Designated System shall not cause the payment to be made to cumulatively exceed the Maximum Allowable Payment associated with such Designated System or cause the payment to be made to cumulatively exceed the Annual Allowable Payment for such Delivery Year.


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 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.
Designated System means a system that has been designated by the Minister, and notified to the European Commission, under regulation 5, but does not include an arrangement entered into between interoperable systems;