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 related Hedged SREC Agreement was originated by the Borrower.

  • All conditions to the payment of Hedged SREC Payments by the related Eligible Hedged SREC Counterparty have been satisfied or approved, as applicable, and the Eligible Hedged SREC Counterparty’s payment obligation is an absolute and unconditional obligation of the Eligible Hedged SREC Counterparty that is not, by the terms of the related Hedged SREC Agreement, subject to offset for any reason.

  • To the extent that the rights to receive Hedged SREC Payments and the related Hedged SREC Agreement, if any, are not freely assignable without the consent of the Eligible Hedged SREC Counterparty, or if consent of or notice to any Person is required for the grant of a security interest, such consent will have been obtained or notice will have been given as of the effective date of the applicable Hedged SREC Agreement.

  • The Company uses historical data, as well as subsequent events occurring prior to the issuance of the financial statements, to estimate option exercises within the valuation model.

  • After listening to one of the ref- erence sounds (without knowing its class), subjects were asked to imitate it using only voice (VO) or using voice and gesture (VG).

  • 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.


More Definitions of Hedged SREC Agreement

Hedged SREC Agreement means (i) that certain Agreement for the Purchase and Sale of Renewable Energy Certificates, dated as of the Closing Date, between the Borrower and Statkraft US LLC, (ii) certain Master Agreement, dated as of the Closing Date, between the Borrower and NJR Energy Services Company, LLC and (iii) any other agreement for the sale of KL2 3412219.14 Hedged SRECs entered into with the written consent of the Facility Agent and, in the cases of clauses (i)-(iii), all confirmations executed thereunder.
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Related to Hedged SREC Agreement

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

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

  • 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.

  • 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 C attached hereto.

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.

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

  • 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.