Hedged SREC Agreement definition

Hedged SREC Agreement means, with respect to a PV System, the agreement evidencing all conditions to the payment of Hedged SREC Payments by the Eligible Hedged SREC Counterparty to the Borrower and the rate and timing of such Hedged SREC Payments.
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Hedged SREC Agreement means the agreement pursuant to which a Hedged SREC Counterparty is required to make payments to the Issuer in respect of SRECs generated by Issuer’s PV Systems in the state subject to such Hedged SREC Agreement, including any parent guaranties provided by a Hedged SREC Counterparty or its affiliates associated with such agreement.
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Hedged SREC Agreement means the agreement pursuant to which a Hedged SREC Counterparty is required to make payments to the Issuer or the related Financing Fund in respect of SRECs generated by Issuer’s or the related Financing Fund’s PV Systems in the state subject to such Hedged SREC Agreement, including any parent guaranties provided by a Hedged SREC Counterparty or its affiliates associated with such agreement.
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Examples of Hedged SREC Agreement in a sentence

  • The Issuer may (i) distribute to the Depositor any Excess SRECs or the Transaction Manager, on behalf of the Issuer, may sell the Excess SRECs, in each case, once the Issuer owns SRECs (other than Excess SRECs) of the applicable vintage and jurisdiction in an amount sufficient to satisfy the SREC delivery requirements under each related Hedged SREC Agreement and (ii) deliver Hedged SRECs to the Hedged SREC Counterparty in accordance with the related Hedged SREC Agreement.

  • Hedged SREC prices ($/SREC)(the “Hedged SREC Characteristics”) for each reporting year, all as shown on the Hedged SREC Data File, to the corresponding information located in the corresponding Hedged SREC Agreement, subject to the instruction(s) provided by the Originator, on behalf of the Depositor, described in the succeeding paragraph(s) of this Item.

  • On or prior to the Closing Date, the Manager, on behalf of the Issuer, shall have instructed each Hedged SREC Counterparty to cause to be deposited into the Collection Account all payments owed by such Hedged SREC Counterparty under the related Hedged SREC Agreement.

  • Hedged SREC prices ($/SREC) (collectively, the “Hedged SREC Characteristics”) for each reporting year, all as shown on the Hedged SREC Data File, to the corresponding information located on the corresponding Hedged SREC Agreement, subject to the instructions provided by the Originator, on behalf of the Depositor, described in the succeeding paragraph of this Item 2.

  • Hedged SREC prices ($/SREC)(collectively, the “Hedged SREC Characteristics”) for each reporting year, all as shown on the Hedged SREC Data File, to the corresponding information located in the corresponding Hedged SREC Agreement, subject to the instruction(s) provided by the Originator, on behalf of the Depositor, described in the succeeding paragraph(s) of this Item.

Related to Hedged SREC Agreement

  • Permitted Lock-Up Agreement means an agreement between a Person and one or more holders of Voting Shares pursuant to which such holders (each a “Locked-Up Person”) agree to deposit or tender Voting Shares to a Take-Over Bid (the “Lock-Up Bid”) made or to be made by such Person or any of such Person’s Affiliates or Associates or any other Person with which such Person is acting jointly or in concert, provided that:

  • Pledged Operating Agreements means all of each Grantor’s rights, powers, and remedies under the limited liability company operating agreements of each of the Pledged Companies that are limited liability companies.

  • Bank Products Agreement any agreement pursuant to which a bank or other financial institution agrees to provide treasury or cash management services (including, without limitation, controlled disbursements, automated clearinghouse transactions, return items, netting, overdrafts and interstate depository network services).

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sublicense agreement, distribution agreement, services agreement, intellectual property rights transfer agreement, any related agreements or similar agreements, in each case where all parties to such agreement are one or more of the Issuer or a Restricted Subsidiary.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Bank Services Agreement is defined in the definition of Bank Services.

  • Lock-Up Agreements means the lock-up agreements that are delivered on the date hereof by each of the Company’s officers and directors, in the form of Exhibit A attached hereto.

  • Existing Indebtedness Agreements shall have the meaning provided in Section 5.05.

  • Permitted Hedging Agreement means a Hedging Agreement made by a Loan Party or its Subsidiary in the ordinary course of its business in accordance with the reasonable requirements of its business, and not for speculative purposes, and in any such case, if the counterparty to such Permitted Hedging Agreement is not a Lender or an Affiliate of a Lender, such Permitted Hedging Agreement shall be unsecured (except for Permitted Liens of the type described in clause (xii) of the definition thereof).

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Factoring Agreement means an agreement by and between a Borrower or a Subsidiary of a Borrower and a Factoring Company pursuant to which a Borrower or such Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;

  • Material Indebtedness Agreement means any agreement under which any Material Indebtedness was created or is governed or which provides for the incurrence of Indebtedness in an amount which would constitute Material Indebtedness (whether or not an amount of Indebtedness constituting Material Indebtedness is outstanding thereunder).

  • Collateral Access Agreement means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in any Loan Party’s or its Subsidiaries’ books and records, Equipment, or Inventory, in each case, in form and substance reasonably satisfactory to Agent.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Specified Hedge Agreement any Hedge Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.