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 of a greenhouse gas. One GHG credit has an assigned value of one metric ton (2205 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).

  • Efficient CHP Facilities as compared to the Double Benchmark will be counted as a GHG Credit.

  • If the Executive Officer has made a determination and notified Volvo Car USA of a GHG Credit Shortfall Breach within 60 Days after Volvo Car USA’s submission of data and technical information with respect to Model Year 2026, the enforcement of breach of GHG fleet commitments/mitigation plan requirements and the dispute resolution provisions shall survive for the sole purpose of resolving a determination of a GHG Credit Shortfall Breach, in accordance with Paragraph 39.

  • If the Executive Officer has made a determination and notified BMW NA of a GHG Credit Shortfall Breach within 60 Days after BMW NA’s submission of data and technical information with respect to Model Year 2026, the enforcement of breach of GHG fleet commitments/mitigation plan requirements and the dispute resolution provisions shall survive for the sole purpose of resolving a determination of a GHG Credit Shortfall Breach, in accordance with Paragraph 39.

  • Efficient New CHP Facilities as compared to the Double Benchmark will count as a GHG Credit toward the contracting IOU's GHG Emissions Reduction Target regardless of where the CHP Facility is located.

  • If the Executive Officer has made a determination and notified Ford of a GHG Credit Shortfall Breach within 60 Days after Ford’s submission of data and technical information with respect to Model Year 2026, the enforcement of breach of GHG fleet commitments/mitigation plan requirements and the dispute resolution provisions shall survive for the sole purpose of resolving a determination of a GHG Credit Shortfall Breach, in accordance with Paragraph 39.

  • A “+”counts as a GHG Credit which will count toward the IOU's then-current GHG Emissions Reduction Target from CHP resources.

  • If the Executive Officer has made a determination and notified AHM of a GHG Credit Shortfall Breach within 60 Days after AHM’s submission of data and technical information with respect to Model Year 2026, the enforcement of breach of GHG fleet commitments/mitigation plan requirements and the dispute resolution provisions shall survive for the sole purpose of resolving a determination of a GHG Credit Shortfall Breach, in accordance with Paragraph 39.

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


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

  • Lender credit card means a credit card issued by a lender.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Company Credit Facility means the Amended and Restated Credit Agreement dated July 31, 2002, as amended on January 23, 2004, June 1, 2004 and June 23, 2004, among Masonite Holdings, Inc., the Company, the lenders party thereto and SunTrust Bank, as Administrative Agent;

  • New Credit Facility is defined in Section 9.8.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.