Entitlement Share definition

Entitlement Share means, with respect to each Participant and as the context may require, either the amount of Electric Power or the percentage of the initial Project Capability shown opposite the name of such Participant to be set forth in the SCHEDULE I that shall be approved by the Project Management Committee in connection with the Completion of Development, as the same may be revised from time to time in accordance with the provisions of this Power Sales Contract.
Entitlement Share means the percentage entitlement of each Project Participant as set forth in Exhibit B of this Agreement (entitled “Schedule of Project Participant Entitlement Shares and Step-Up Allocation Caps”) attributable to each such Project Participant, as may be amended pursuant to Section 4.2 or 12.8.
Entitlement Share means, with respect to each Purchaser, the gallons of Water set forth below:

Examples of Entitlement Share in a sentence

  • CCP shall draw upon each Project Participant’s Operating Account each month in an amount equal to the Monthly Costs multiplied by such Project Participant’s Entitlement Share.

  • Prior to offering the Project Participant’s Entitlement Share of the Product, or the Project Participant’s Entitlement Share of any part of the Product to any third party, CCP shall first offer the Product or portion of the Product to the other Project Participants.

  • Any Project Participant may direct CCP to remarket such Project Participant’s Entitlement Share of the Product, or such Project Participant’s Entitlement Share of any part of the Product.

  • Any representative may request that any Normal Vote be taken on an Entitlement Share basis (referred to as an “Alternate Normal Vote”).

  • If a Project Participant modifies its Entitlement Share pursuant to Section 4.2 of this Agreement, then that Project Participant’s Step-Up Allocation Cap shall be equal to the Project Participant’s Entitlement Share as modified pursuant to Section 4.2 multiplied by one hundred and twenty-five percent (125%).


More Definitions of Entitlement Share

Entitlement Share means the volume as set out in clause 7 against which water allocations are made;’
Entitlement Share means that amount of water available for purchase from Seller as shown on the attached Schedule B. This amount may be amended, based on future expansion projects that ▇▇▇▇▇ may agree to participate in, which are and mutually agreed upon by both ▇▇▇▇▇ and Seller.
Entitlement Share means the Participant’s entitlement (expressed as a percentage) to a portion of Project Capability and any Environmental Attributes as set forth on SCHEDULE I, as the same may be increased or reduced pursuant to Section 301 or increased pursuant to Section 1003.
Entitlement Share means, with respect to each Participant, that percentage of desired capacity shown opposite the name of such Participant in Exhibit A attached hereto.
Entitlement Share means the portion, measured in MWac, of the Contract Amount to which a Solar Participant is entitled pursuant to its PPC.
Entitlement Share means the percentage entitlement of each Operation Participant for the Project as set forth in the PPSA, as may be amended pursuant to Section 4.2
Entitlement Share means, with respect to a Participant and with respect to the facilities of the Project, the percentage of the final output and services to be delivered as set forth in the following Schedule of Entitlement Shares; provided, however, that in the event any one or more of the Participants listed in the following schedule elect to withdraw from participation in any future obligations or projects, the Entitlement Shares of the remaining Participants, as such Entitlement Shares are set forth in each column of the following schedule, shall be increased pro-rata in order that the sum of the remaining Entitlement Shares of the remaining Participants when so adjusted shall total 100%: ENTITLEMENT ▇▇▇▇▇▇ COUNTY W&S AUTHORITY 71.2%