Hedged SREC Counterparty definition

Hedged SREC Counterparty means the counterparty to the Issuer under a Hedged SREC Agreement which on the Closing Date is one of the following (together with any of their affiliates so long as such initial counterparty remains liable for the full amount of its obligations under such Hedged SREC Agreement): DTE Energy Trading, Inc., Exelon Generation Company, LLC, CP Energy Marketing (US), Inc., Direct Energy Business Marketing, LLC, NextEra Energy Marketing, LLC, Connecticut Municipal Electric Energy Cooperative, EDF Trading North America, LLC, Noble Americas Gas & Power Corp., TransCanada Power Marketing Ltd., BP Energy Company and Vitol Inc.
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Hedged SREC Counterparty means the counterparty to the Issuer or the related Financing Fund under a Hedged SREC Agreement which on the initial Closing Date (with respect to a Hedged SREC Agreement that is an Initial Solar Asset) or on the applicable Transfer Date (with respect to a Hedged SREC Agreement that is a Qualified Additional Solar Asset) shall have (or shall have an affiliate that has provided a guarantee of such Hedged SREC Agreement who has) a rating of at least “Baa2” or “BBB” by at least one of S&P or Xxxxx’x (other than CP Energy Marketing (US), Inc., which shall have a rating of at least “Baa3” or “BBB-” by at least one of S&P or Xxxxx’x) and is one of the following (together with any of their affiliates so long as such initial counterparty remains liable for the full amount of its obligations under such Hedged SREC Agreement): DTE Energy Trading, Inc., Exelon Generation Company, LLC, CP Energy Marketing (US), Inc., Direct Energy Business Marketing, LLC, NextEra Energy Marketing, LLC, Connecticut Municipal Electric Energy Cooperative, EDF Trading North America, LLC, Noble Americas Gas & Power Corp., TransCanada Power Marketing Ltd., BP Energy Company and Vitol Inc. [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
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Hedged SREC Counterparty means any person counterparty to the Borrower under a Hedged SREC Agreement.
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Examples of Hedged SREC Counterparty in a sentence

  • 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.

  • All applications, forms and other filings required to be submitted in connection with the procurement of Hedged SREC Payments have been properly made in all material respects under applicable law, rules and regulations and the related Eligible Hedged SREC Counterparty has provided a written reservation approval (which may be in the form of electronic mail from the related Eligible Hedged SREC Counterparty) for the payment of Hedged SREC Payments.

  • 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.

  • All applications, forms and other filings required to be submitted in connection with the procurement of Hedged SREC Payments have been properly made in all Schedule I-10 material respects under applicable law, rules and regulations and the related Eligible Hedged SREC Counterparty has provided a written reservation approval (which may be in the form of electronic mail from the related Eligible Hedged SREC Counterparty) for the payment of Hedged SREC Payments.


More Definitions of Hedged SREC Counterparty

Hedged SREC Counterparty means the counterparty to the Issuer under a Hedged SREC Agreement which on the Closing Date is DTE Energy Trading, Inc. (together with any of its affiliates so long as such initial counterparty remains liable for the full amount of its obligations under such Hedged SREC Agreement), or, with respect to any Qualified Substitute Hedged SREC Solar Asset, any Person rated, or guaranteed by an entity rated, investment grade by any of Xxxxx'x, S&P, Xxxxx, Inc., DBRS, Inc. or KBRA.
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Hedged SREC Counterparty means the counterparty to the Issuer under a Hedged SREC Agreement, which on the Closing Date is one of the following (together with any of their affiliates so long as such initial counterparty remains liable for the full amount of its obligations under such Hedged SREC Agreement): DTE Energy Trading, Inc., Exelon Generation Company, LLC, Direct Energy Business Marketing, LLC and BP Energy Company.
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Hedged SREC Counterparty means the counterparty to the Issuer under a Hedged SREC Agreement, which on the Closing Date is the following (together with any of its affiliates so long as such initial counterparty remains liable for the full amount of its obligations under such Hedged SREC Agreement): DTE Energy Trading, Inc.
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Related to Hedged SREC Counterparty

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Eligible Counterparty means an “Eligible Counterparty” for the purposes of the Law.

  • Hedging Party means at any relevant time, the Issuer, or any of its affiliates or any other party providing the Issuer directly or indirectly with hedging arrangements in relation to the Notes as the Issuer may select at such time.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Hedging Obligation means, with respect to any Person, any liability of such Person under any Hedging Agreement.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Secured Hedge Agreement means any Swap Contract permitted under Article VI or VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Hedging Agreement means any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement.