IPA System Confirmation Notice definition

IPA System Confirmation Notice means a written notice from IPA to Buyer and Seller that identifies the Subsequent Systems to be included in this Agreement and the amount of RECs to be Delivered from each Subsequent System, such amount not to exceed the Forecast REC Quantity specified in the Confirmation as of the Effective Date. In the event that an IPA System Confirmation Notice is received by Buyer and Seller after July 13, 2018, but on or before August 13, 2018, the Parties agree that the Maximum Annual Quantity (for the Small Size Class) and the Maximum Contract Quantity (for the Small Size Class) in the Confirmation shall be deemed automatically amended to reflect the amount of RECs specified in the IPA System Confirmation Notice and the Confirmation shall be deemed automatically amended to eliminate the Forecast REC Quantity. If Seller fails to provide written notification in accordance with Section 2.10(b)(i), the Parties agree that the Maximum Annual Quantity (for the Small Size Class) and the Maximum Contract Quantity (for the Small Size Class) in the Confirmation shall be deemed automatically amended to eliminate the Forecast REC Quantity. For avoidance of doubt, RECs from a DG Renewable Energy Facility that is not an Initial System are eligible for Delivery and for payment only after such DG Renewable Energy Facility is confirmed by the IPA for inclusion in this Agreement in the IPA System Confirmation Notice and not when Seller provides its written notification(s) to the IPA pursuant to Section 2.10(b)(i) above.
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IPA System Confirmation Notice means a written notice from IPA to Buyer and Seller pursuant to the process in Section 2.10(b)(ii) that identifies the Subsequent Systems to be included in this Agreement and the amount of RECs to be Delivered from each Subsequent System.
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IPA System Confirmation Notice means a written notice from IPA to Buyer and Seller pursuant to the process in Section 2.10(b)(ii) that identifies the Subsequent Systems to be included in this Agreement and the amount of RECs to be Delivered from each Subsequent System. The following definition of “Maximum Annual Quantity” is added to the Agreement as Section 1.38.1: “Maximum Annual Quantity” means a quantity of RECs as indicated in the Confirmation which represents the maximum amount of RECs of that Product that the Buyer will provide payment for in any given Delivery Year. This value may be amended downwards under certain conditions, but can never be increased. The following definition of “Maximum Contract Quantity” is added to the Agreement as Section 1.38.2: “Maximum Contract Quantity” means a quantity of RECs as indicated in the Confirmation which represents the maximum amount of RECs of that Product that the Buyer will provide payment over the term of the Agreement. This value may be amended downwards under certain conditions, but can never be increased. The following is added as Section 1.40.1: “Nameplate Capacity” means: the aggregate inverter nameplate capacity in kilowatts AC, or if the DG Renewable Energy Facility has no inverter, then the aggregate rated generator output in kilowatts AC. The definition of “Potentially Non-Defaulting Party” in Section 1.48 is amended by replacing the phrase “failure of performance by the Potentially Non-Defaulting Party” in the second line of the section with “failure of performance by the Potentially Defaulting Party”. The definition of “Renewable Energy Source” in Section 1.56 is amended to read, in its entirety, as follows: “Renewable Energy Source” means any one or more of the following energy sources: wind, solar thermal energy, photovoltaic cells and panels, biodiesel, crops and untreated and unadulterated organic waste biomass, tree waste, and hydropower that does not involve new construction or significant expansion of hydropower dams. The following definition of “Size Class” is added to the Agreement as Section 1.61.1: “Size Class” means the Nameplate Capacity (AC rating) of a DG Renewable Energy Facility, which shall be classified as “Small” if such capacity is less than 25 kW, and as “Large” if such capacity is between 25 kW and 2,000 kW. An individual DG Renewable Energy Facility may not exceed a nameplate capacity of 2,000 kW. The following definition of “Subsequent System” is added to the Agreement as Section 1.62.1: “Subsequent ...
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More Definitions of IPA System Confirmation Notice

IPA System Confirmation Notice is added to the Agreement as Section 1.36.3:
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Related to IPA System Confirmation Notice

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Mediation Notice is defined in Section 6.2(b).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Publication Notice means the summary notice of proposed Settlement and hearing for publication substantially in the form attached as Exhibit 3 to Exhibit A.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Acquisition Notice has the meaning set forth in Section 2.5(a).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Continuation Notice as defined in Section 2.17(a).

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Redirection Notice shall have the meaning assigned to such term in Section 14(c).

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Access Service Request (ASR) means the industry standard form used by the Parties to add, establish, change or disconnect trunks for the purposes of Interconnection.

  • Warning Notice means a notice in writing by the Secretary of State to the Academy Trust requiring the Academy Trust to procure the admission of a sufficient number of pupils by such date as he deems appropriate in the circumstances and setting out the consequences of not procuring the admission of a sufficient number of pupils by the date specified in such Warning Notice. 91D) If at any time after signing this Agreement, the Parties agree that by virtue of low pupil numbers the Academy is not financially viable, then the Parties jointly may terminate this Agreement having agreed first the precise terms of termination.

  • Access Service Request (ASR) is an industry standard form used by the Parties to add, establish, change or disconnect trunks for the purposes of Interconnection.