Drawdown REC Quantity definition

Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.

Drawdown REC Quantity means, with respect to a Designated System that has a 3 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively. 4 NTD: IPA Act Section 1-75(c)(1)(K)(ii): “At least 20% from distributed renewable energy generation devices with a nameplate capacity of more than 25 kilowatts and no more than 5,000 kilowatts.” Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.

Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount. 1 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively.

More Definitions of Drawdown REC Quantity

Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall 1 For avoidance of doubt, the IPA, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (b)(iv) shall be 13/12 and 167/12, respectively. Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.

Drawdown REC Quantity means, with respect to a Designated System that has a Delivery Year Shortfall Amount, the positive difference (if any) between the Delivery Year Shortfall 3 For avoidance of doubt, the IPA endeavors to designate for the Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization; however, in the event that the IPA designates a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization, then the value for (a)(iv) and (e)(iv) shall be 4/12 and 167/12, respectively. 4 NTD: IPA Act Section 1-75(c)(1)(K)(ii): “At least 20% from distributed renewable energy generation devices with a nameplate capacity of more than 25 kilowatts and no more than 5,000 kilowatts.” Amount and the sum of Surplus RECs applied to meet such Delivery Year Shortfall Amount.