Invalidation Term definition

Invalidation Term is defined in the Confirmation for each Offset Credit Transaction.
Sample 1Sample 2Sample 3
Invalidation Term means (a) the period from the Transaction Date through the later of (i) the last day of the Invalidation Period or (ii) the last day of the Delivery Term; or (b) for Replacement Product, the period from the date of Delivery of Offset Credits provided in accordance with Special Provision 5(b) (Replacement Product) through and including the last day of the period during which the Offset Credit may be invalidated pursuant to the Cap-and-Trade Regulations.
Sample 1Sample 2Sample 3
Invalidation Term means the period from the Transaction Date through the later of (a) the last day of the Invalidation Period or (b) the last day of the Delivery Term.
Sample 1

Examples of Invalidation Term in a sentence

  • Following Delivery of the Offset Credit and for the entire Invalidation Term, the Invalidation Security Amount will be added to the Agreement Exposure calculation in accordance with Section 4.1(a)(ii).

  • During the Invalidation Term, Seller shall not attempt, or enable another, to sell the Offset Credits or GHG Emission Reductions relating to the Offset Credits or any part thereof (by natural gas agreement or otherwise) to any other person or entity, including any Governmental Authority.

  • The obligations under this Section shall survive termination or expiration of each Transaction for a period of the later of two (2) years or the end of the Invalidation Term, if applicable to Offset Credits Delivered to Party A pursuant to a Terminated Transaction.

  • During the Invalidation Term, Seller shall, in relation to the Buyer, bear all costs and expenses of the Offset Project maintenance and operation, including all CARB and Verifier fees and expenses, royalties, license fees or other charges for licenses and intellectual property for designs, processes, equipment, technology, published or unpublished data, information or materials in connection with the Offset Project or the Delivery or sale of the Offset Credits.

  • This Confirmation shall be effective upon execution by the authorized representatives of each of Buyer and Seller and shall remain in effect until the end of the Invalidation Term and each Party’s obligations for payment and return of collateral have been satisfied; provided that any termination shall not affect or excuse the performance of either Party under any provision hereof that by its terms survives termination (the “Confirmation Term”).

  • Seller shall ensure that the Offset Project Operator complies with all listing requirements of the Compliance Offset Protocol for each Offset Project throughout the Invalidation Term.

  • In addition, Seller makes the representations and warranties in Special Provisions 3(a)(iii) through (v) (“Invalidation Representations”) continuously throughout the Invalidation Term.

  • The rights, obligations and liabilities under the Credit Support Addendum shall survive termination of this Master Agreement until the end of the Invalidation Term applicable to Offset Credits Delivered to Party A pursuant to a Terminated Transaction(s).

  • Following Delivery of the Offset Credit and for the entire Invalidation Term, the Invalidation Security Amount will be added to the Agreement Exposure calculation in accordance with Paragraph 4.1(a)(iii).

  • Party B must maintain Invalidation Security as Performance Assurance for the duration of the Invalidation Term for each Offset Credit Transaction.

Related to Invalidation Term

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Renewal Term has the meaning set out in Section 9.1.

  • Renewal Application means a document used to collect pertinent data for renewal of permits

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal Option has the meaning set forth in §12.1.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • License year means the period of time for which a

  • Extension Term means the time period defined in §2.C.

  • License Term means the duration of a License as specified in the Order.

  • Improvement warranty means an applicant's unconditional warranty that the

  • Improvement warranty period means a period:

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Termination Assistance means the activities to be performed by the Supplier pursuant to the Exit Plan, and any other assistance required by the Customer pursuant to the Termination Assistance Notice;

  • Research Term has the meaning set forth in Section 3.2.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.