Eligible Technology definition

Eligible Technology means the generation technology eligible to participate in the RFP (as further described in the Main Body).

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Eligible Technology means any of the technologies approved by the DOER in Green Communities Section 83A – Long Term Contract Carve-out Determination of Eligible Technologies, October 23, 2013 (amended October 15, 2014), as further amended by DOER from time to time.

Eligible Technology means, as of any date of determination, the technology that has been identified as “Eligible Technology” by the Company and the Administrative Agent and that constitutes Collateral and in which the Collateral Trustee has a valid, perfected and enforceable security interest that ranks prior to all Liens other than Customary Permitted Liens and Additional Intangible Temporary Permitted Liens. For the avoidance of doubt, the Company and the Administrative Agent have identified the technology listed or otherwise described in the Security Agreement, the Patent Security Agreement, and the Trademark Security Agreement, as “Eligible Technology” for purposes of the foregoing.

Examples of Eligible Technology in a sentence

The Facility (i) shall be an RPS Class I Renewable Generation Unit, qualified by the DOER as eligible to participate in the RPS program, under Section 11F of Chapter 25A (subject to Section 4.7(b) in the event of a change in Law affecting such qualification as a RPS Class I Renewable Generation Unit), (ii) shall utilize an Eligible Technology, and (iii) shall have a commercial operation date, as verified by the DOER, on or after January 1, 2013.
The failure of Seller to satisfy any Critical Milestone by the date set forth therefor in Section 3.1(a), as the same may be extended in accordance with Section 3.1(c); or Eligible Technology.
The Facility shall be a RPS Class I Renewable Generation Unit, qualified by the DOER as eligible to participate in the RPS program, under Section 11F of Chapter 25A of the Massachusetts General Laws and shall be an Eligible Technology (subject to Section 4.7(b) in the event of a change in Law affecting such qualification as a RPS Class I Renewable Generation Unit) and shall have a Commercial Operation Date, as verified by the DOER, on or after January 1, 2013.
Nothing herein shall be construed to affect any of the rights or remedies of the Buyer set forth elsewhere in this Agreement on account of the failure by Seller to use an Eligible Technology to produce all of the Energy and RECs or to maintain the status of the Facility as a RPS Class I Renewable Generation Unit.
This requirement applies to both the development and construction of Com- mercial-Scale Biorefineries and to the Retrofitting of existing facilities using Eligible Technology for the develop- ment of Advanced Biofuels and Biobased Products including Renew- able Chemicals.

More Definitions of Eligible Technology

Eligible Technology means the generation technology eligible to participate in this RFP (as further described in Section 1.8 of the Main Body).