Federal Production Tax Credit Legislation means validly enacted federal legislation that extends to owners of generating facilities that produce electric energy from wind or other renewable energy resources the applicability of a renewable energy tax credit determined by reference to wind or other renewable energy resources for which Seller, as the owner of the Generating Facility, is eligible.
Federal Production Tax Credit Legislation means validly enacted Federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use wind, closed-loop biomass, geothermal energy, and solar energy to produce electric energy which are placed in service on or before December 31, 2008, or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable than those available with respect to such facilities placed in service on or after January 1, 2007 and before January 1, 2009 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least $19.00 per MWh in 2006 dollars adjusted for inflation as set forth therein.
Federal Production Tax Credit Legislation means validly enacted Federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use wind, closed-loop biomass, geothermal energy, and solar energy to produce electric energy which are placed in service on or before January 1, 2010, or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of wind generating facilities than those available with respect to such facilities placed in service on or after January 1, 2006 and before January 1, 2008 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least $19.00 per MWh in 2006 dollars adjusted for inflation as set forth therein.
Examples of Federal Production Tax Credit Legislation in a sentence
The Startup Deadline shall be extended on a day-for-day basis for any delay in enactment of the Federal Production Tax Credit Legislation beyond December 31, 2009, but may in no event be later than December 31, 2010.
The Startup Deadline shall be extended on a day-for-day basis for any delay in enactment of the Federal Production Tax Credit Legislation beyond March 1, 2006, but may in no event be later than December 31, 2007.
More Definitions of Federal Production Tax Credit Legislation
Federal Production Tax Credit Legislation means validly enacted Federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use wind to produce electric energy which are placed in service on or before December 31, 2006, or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of wind generating facilities than those available with respect to such facilities placed in service on or after January 1, 2004 and before January 1, 2006 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least $18.00 per MWh in 2004 dollars adjusted for inflation as set forth therein.
Federal Production Tax Credit Legislation means validly enacted federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use wind energy to produce electric energy which are placed in service on or before [Startup Deadline], or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of wind energy generating facilities than those available with respect to such facilities placed in service on or after January 1, 2008 and before January 1, 2010 pursuant to the law governing Production Tax Credits as in effect on October 3, 2008, including, but not limited to, a tax credit allowable for at least ten years of at least Twenty One dollars ($21) per MWh in 2008 dollars adjusted for inflation as set forth therein. {SCE Comment: This language under consideration by SCE for recent changes in law.}
Federal Production Tax Credit Legislation means validly enacted federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use closed-loop biomass, geothermal energy, and solar energy to produce electric energy which are placed in service on or before [Startup Deadline], or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of closed-loop biomass, geothermal energy, and solar energy generating facilities than those The contents of this document are subject to restrictions on disclosure as set forth herein. available with respect to such facilities placed in service on or after January 1, 2008 and before January 1, 2011 pursuant to the law governing Production Tax Credits as in effect on October 3, 2008, including, but not limited to, a tax credit allowable for at least ten years of at least Twenty One dollars ($21) per MWh in 2008 dollars adjusted for inflation as set forth therein. {SCE Comment: This language under consideration by SCE for recent changes in law.}
Federal Production Tax Credit Legislation means validly enacted federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash facilities, and qualified hydropower facilities to produce electric energy which are placed in service on or before [Startup Deadline], or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash facilities, and qualified hydropower facilities generating facilities than those available with respect to such facilities placed in service on or after January 1, 2008 and before January 1, 2011 pursuant to the law governing Production Tax Credits as in effect on October 3, 2008, including, but not limited to, a tax credit allowable for at least ten years of at least Ten dollars ($10) per MWh in 2008 dollars adjusted for inflation as set forth therein. {SCE Comment: This language under consideration by SCE for recent changes in law.}
Federal Production Tax Credit Legislation means validly enacted federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of qualified generating facilities which use marine and hydrokinetic renewable energy to produce electric energy, which are placed in service on or before [Startup Deadline], or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of marine and hydrokinetic generating facilities than those available with respect to such facilities placed in service on or after October 3, 2008 and before January 1, 2012 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least Ten dollars ($10) per MWh in 2008 dollars adjusted for inflation as set forth therein. {SCE Comment: This language under consideration by SCE for recent changes in law.}
Federal Production Tax Credit Legislation means validly enacted Federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities to produce electric energy which are placed in service on or before January 1, 2010, or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities generating facilities The contents of this document are subject to restrictions on disclosure as set forth herein. Exhibit A Definitions Southern California Edison QFID# 1212 Chateau Energy than those available with respect to such facilities placed in service on or after January 1, 2006 and before January 1, 2008 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least $10.00 per MWh in 2006 dollars adjusted for inflation as set forth therein.
Federal Production Tax Credit Legislation means validly enacted Federal legislation extending the applicability and rate of the renewable energy production tax credit (26 U.S.C. § 45) to owners of generating facilities which use open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities to produce electric energy which are placed in service on or before January 1, 2010, or such other date as may be agreed to in a writing signed by both Parties, on terms no less favorable to owners of open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities generating facilities than those available with respect to such facilities placed in service on or after January 1, 2006 and before January 1, 2008 pursuant to the law governing Production Tax Credits as in effect on the Effective Date including, but not limited to, a tax credit allowable for at least ten years of at least $10.00 per MWh in 2006 dollars adjusted for inflation as set forth therein.