GHG Credit definition

GHG Credit means greenhouse gas credit.
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GHG Credit means any right, interest, credit, entitlement, benefit or allowance to emit that has been granted or issued in respect of a Reduction under the Originating GHG Program;
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GHG Credit means a DER credit based on reductions ofa greenhouse gas. One GHG credit has an assigned value of one metric ton (2,205 pounds) of carbon equivalent.
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Examples of GHG Credit in a sentence

  • Except as provided below with regard to a GHG Credit Shortfall Breach, breaches of this Settlement Agreement shall be enforced in accordance with applicable contract law, including the availability of injunctive relief.

  • In the event that Buyer reimburses Seller pursuant to this Section 9.3, and Seller receives any credits, allowances or similar item of value (“GHG Credit”) with respect to its Greenhouse Gas emissions, Seller shall transfer such GHG Credit to Buyer promptly upon receipt (to the extent possible under Law).

  • Specifically, Term Sheet Section 7.3.1.2 states that the MW Expansion due to a physical change to an existing CHP Facility will count as a GHG Credit.

  • As appended to D.10-12-035, Section 7.3 of the QF/CHP Settlement Agreement extensively outlines the various methods of a CHP facility making a GHG Credit, Debit or being counted as Neutral.

  • The Department may approve, approve with conditions, or deny GHG Credit applications.

  • The Department may require applicants to implement compliance assurance methods such as testing, monitoring, recordkeeping and reporting as part of the GHG Credit certification and verification approval.

  • These amounts correspond to the full complementation owed by the CPP to the assignee (Petrobras), including the amount of gross up taxes, regardless of who the members of the CPP consortium are.

  • The combined projects will result in an expected GHG Credit of 0.069869 MMT (0.043076 MMT from Naval Station and 0.026793 MMT from North Island).

  • GHG Credits shall be voided in cases where the GHG Credit is found to have been used for a purpose other than those specified in 310 CMR 7.00: Appendix B(7).

  • GHG Credit certification and verification applications shall contain a description of potential project leakage, and describe how such leakage was or will be monitored and avoided.


More Definitions of GHG Credit

GHG Credit. A positive GHG Emissions Reduction from a Generating Facility as defined in Section 7 of the Settlement.
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GHG Credit has the meaning set forth in Section 9.3.
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Related to GHG Credit

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Company Credit Agreement means the Credit Agreement dated as of August 2, 2013 by and among the Company, PMC-Sierra US, Inc., Bank of America, N.A., as administrative agent, and the lenders from time to time party thereto (as amended, restated, supplemented or otherwise modified from time to time).

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.