Forest Project definition

Forest Project means a planned set of activities designed to increase removals of CO2 from the atmosphere, or reduce or prevent emissions of CO2 to the atmosphere, through increasing and/or conserving forest carbon stocks.
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Forest Project is the [Reforestation, Improved Forest Management or Avoided Conversion] project of Forest Owner that is described in the approved Forest Project Design Document.
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Forest Project is the [Reforestation, Improved Forest Management or Avoided Conversion] project] of the Forest Owner that is described in the Approved Form. "Eligible CRTs" are CRTs that are: (i) in the Forest Owner’'s account with the Reserve immediately before Forest Owner Retires Eligiblesuch CRTs, (ii) issued by the Reserve to a Reforestation, Improved Forest Management or Avoided Conversion project (each as further described in the Forest Protocols) registered with the Reserve (regardless of whether such project is located on the Property or properties other than the Property) and (iii) Retired for the sole purpose of compensating the Reversal and not for any other purpose including without limitation, for the purpose of offsetting the GHG emissions of third parties. Forest Owner shall be required to purchase CRTs if Forest Owner does not have a sufficient quantity of Eligible CRTs to fulfill the Forest Owner’'s obligations to Retire Eligible CRTs under this Agreement.
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Examples of Forest Project in a sentence

  • Any dispute regarding any aspect of this Agreement or the Forest Project Protocols, any act or omission which allegedly has or will breach any provision of this Agreement or the Forest Project Protocols, or any material breach of any law related to the Forest Project activity (each a "Dispute") shall be submitted to arbitration in Los Angeles, California, before an experienced arbitrator selected in accordance with the rules of the American Arbitration Association or its successor.

  • In the event that any definitions, terms and provisions in this Agreement conflict with the definitions, terms and provisions in the Forest Project Protocols, the definitions, terms and provisions in this Agreement shall govern.

  • If any portion of this Agreement or the Forest Project Protocols, or the application thereof to any person or circumstance, is found invalid, the remainder of the provisions of this Agreement and the Forest Project Protocols, or the application of such provisions to persons or circumstances other than those as to which it is found to be invalid shall not be affected.

  • The Project Implementation Agreement sets forth certain liabilities, obligations and restrictions relating to that certain property described in Exhibit A attached hereto and incorporated herein (the "Property"), so that the Forest Project (as defined in the Project Implementation Agreement) generates a net reduction and sequestration of greenhouse gas emissions.

  • The Reserve also issues carbon offset credits known as Climate Reserve Tonnes ("CRTs"), as defined in the Forest Project Protocols (defined below), to GHG Reduction Projects registered with the Reserve.

  • Deadlines for notification of a potential Reversal are included in the Forest Project Protocol, and vary, depending on whether the Reversal is an Avoidable or an Unavoidable Reversal.

  • Forest Owner shall provide the Assignee with copies of the Forest Project Protocols, this Agreement and all exhibits attached hereto and any amendments thereto.

  • Any capitalized terms used herein, which are not defined herein, shall have the meanings for such terms as set forth in the Forest Project Protocols.

  • Pursuant to the Forest Project Protocol, Forest Owner bears an affirmative responsibility to notify the Reserve of a potential Reversal.

  • Assignee shall be deemed to have received the Forest Project Protocols, this Agreement and all exhibits attached hereto, and any amendments thereof, in accordance with the notice provisions in Section 14 of this Agreement.


More Definitions of Forest Project

Forest Project means a planned set of activities designed to increase removals of CO2 from the atmosphere through increasing forest carbon stocks.
Sample 1
Forest Project is the [Reforestation, Improved Forest Management or Avoided Conversion] project] of Forest Owner that is described in the Approved Form. "Eligible CRTs" are CRTs that are: (i) in Forest Owner's account with the Reserve immediately before Forest Owner Retires such CRTs, (ii) issued by the Reserve to a Reforestation, Improved Forest Management or Avoided Conversion project (each as further described in the Forest Protocols) registered with the Reserve (regardless of whether such project is located on the Property or properties other than the Property) and (iii) Retired for the sole purpose of 2 [Note: This provision may need to be modified by the Reserve, depending on the nature of the ownership rights of the Forest Owner. See footnote 1. Furthermore, only the property that is subject to this Agreement will be described in Exhibit 1.] compensating the Reversal and not for any other purpose including without limitation, for the purpose of offsetting the GHG emissions of third parties. Forest Owner shall be required to purchase CRTs if Forest Owner does not have a sufficient quantity of Eligible CRTs to fulfill Forest Owner's obligations to Retire Eligible CRTs under this Agreement.
Sample 1
Forest Project means development, improvement, property, construction, reclamation or conservation of land for the purpose of conserving and developing urban forests and grasslands, and shall include, without limitation, the forestation and reforestation of land, the cultivation, planting, maintenance, irrigation, the planting and maintenance of trees, grasses and plants of any kind or such projects, including without limitation, roads, parking facilities, bridges, culverts, signs, lights, facilities for the maintenance of vehicles and equipment, picnic facilities, pedestrian and bicycle paths, sidewalks, restrooms, water supply and wastewater treatment and disposal facilities for such projects; the development and maintenance of forests and grasses at the margin of and within lakes, rivers, ponds, bayous, bays, wetlands and estuaries or the development and maintenance of forest and planted areas on public property or private property, including road, highway and street rights‑of‑way, easements, reservoirs, detention basins, reclaimed lands, landfills or abandoned railroad rights‑of‑way and the acquisition, by purchase or otherwise, of real property in connection with any forest project.
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Related to Forest Project

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

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

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan; and

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Redevelopment project means any work or undertaking

  • Capital Project means a project consisting of the construction, rehabilitation, demolition, relocation, preservation, acquisition, or other physical improvement that is an integral part of, or is necessary for completion of a Project.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Commercial project means any project, including, but not

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Project Improvements means site improvements and facilities that are: