Energized Project Report definition

Energized Project Report means a schedule prepared by the IPA substantially in the form of Exhibit A-2 appended hereto, which contains the Actual Nameplate Capacity and other information related to the Project.” The last sentence of the definition of “Environmental Attribute” in Section 1.27 is replaced in its entirety with the following: ““Environmental Attributes do not include production or investment tax credits, other federal, state or local tax benefits, incentives or deductions, or other direct third- party subsidies for generation of electricity by the Project, all of which credits, benefits, incentives, deductions or subsidies are reserved exclusively to Seller.” The following is added as Section 1.27.1: ““Expected Delivery Year Pre-Paid RECs” are the RECs expected to be attributable to Subscribed shares of the Project and expected to be Delivered in a Delivery Year subsequent to the tenth (10th) Delivery Year after the first REC Delivery, and for which shall be used as the basis for pre-payment of RECs after the 10th Delivery Year as set forth in Section 2.2 of the Master REC Agreement.3 Expected Delivery Year Pre-Paid RECs for a Delivery Year shall be equal to the multiplicative product of: (i) Actual Nameplate Capacity in MW; (ii) Standard Capacity Factor; (iii) 8,760 hours;
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Energized Project Report means a schedule prepared by the IPA substantially in the form of Exhibit A-2 appended hereto, which contains the Actual Nameplate Capacity and other information related to the Project.” The last sentence of the definition of “Environmental Attribute” in Section 1.27 is replaced in its entirety with the following: “Environmental Attributes do not include production or investment tax credits, other federal, state or local tax benefits, incentives or deductions, or other direct third-party subsidies for generation of electricity by the Project, all of which credits, benefits, incentives, deductions or subsidies are reserved exclusively to Seller.” The following is added as Section 1.29.1:
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Examples of Energized Project Report in a sentence

  • Upon Energization, the IPA shall prepare and complete the Energized Project Report substantially in the form of Exhibit A-2 to this REC Contract and provide such Energized Project Report to Buyer and Seller.

Related to Energized Project Report

  • Project Report means a summary statement of the likely environmental effects of a proposed development referred to in section 58;

  • Progress Report means the report similar in form and content to that attached hereto as Appendix III.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Development Project means a project for the development of land within a project area.

  • Project Engineer means the surveyor or engineer employed by or private

  • Monthly Progress Report Shall have the meaning set forth in Section 13.7 (Monthly Progress Report).

  • Operational Acceptance Tests means the tests specified in the Technical Requirements and Agreed Project Plan to be carried out to ascertain whether the System, or a specified Sub system, is able to attain the functional and performance requirements specified in the Technical Requirements and Agreed Project Plan, in accordance with the provisions of GCC Clause 27.2 (Operational Acceptance Test).

  • WOSB Program Repository means a secure, Web-based application that collects, stores, and disseminates documents to the contracting community and SBA, which verify the eligibility of a business concern for a contract to be awarded under the WOSB Program.