Net Project Incentive definition

Net Project Incentive means the Project Incentive for a Project less the amount of any Preliminary Engineering Study Incentive and or Detailed Engineering Study Incentive paid or to be paid to the Participant in respect of such Project.
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Net Project Incentive means the amount set out in Schedule “B” under the heading “Net Project Incentive”, such amount being the Project Incentive for a Project or Portfolio, as the case may be, less the amounts of any Preliminary Engineering Incentive and Detailed Engineering Incentive paid or to be paid to the Participant in respect of such Project or Portfolio, subject to adjustment in accordance with Section 4.4.
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Net Project Incentive means the Project Incentive for a Project less the amount of any Preliminary Engineering Study Incentive and or Detailed Engineering Study Incentive paid or to be paid to the Participant in respect of such Project;
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Examples of Net Project Incentive in a sentence

  • In addition, if the LDC has reasonable grounds to commence a discussion, negotiation or challenge, in any manner whatsoever, with a tax authority regarding the validity of any Applicable Taxes imposed on the Net Project Incentive, the Participant will provide such reasonable assistance as may be required by the LDC with such discussion, negotiation or challenge.

  • The Participant will provide to the LDC sufficient supporting documentation, as requested by the LDC, to facilitate and support the LDC in claiming input tax credits in respect of the Net Project Incentive.

  • In addition to the Net Project Incentive, the IESO will pay any applicable HST on the Project Incentive (“Applicable Taxes”).

  • The Participant will provide the IESO sufficient supporting documentation, as requested by the IESO, to facilitate and support the IESO in claiming input tax credits in respect of the Net Project Incentive.

  • Attached as Schedule "C" is a description of the Project or Portfolio in respect of which this Agreement is being entered into including the Project or Portfolio identification number assigned by the IESO, the address of the Facility, Project Incentive, Net Project Incentive, scheduled In- Service Date, Eligible Costs, Project Payback, Electricity Savings, Anticipated Electricity Savings, Annualized Electricity Savings, Project Budget and Performance Security.

  • A Participant may elect in a Participant Security Election to provide Incentive Security, in which case Section 6.1 shall not be applicable and the Net Project Incentive shall, subject to Sections 7.3 and 7.4 hereof, be paid as set out herein.

  • In addition, if the IESO has reasonable grounds to challenge the validity of any HST imposed on the Net Project Incentive, the Participant will provide reasonable assistance to the IESO with such challenge.

  • In addition to the Net Project Incentive, the LDC will pay any Applicable Taxes on the Net Project Incentive.

  • Variable-rate bonds can provide the Port with a lower borrowing rate than fixed-rate bonds but bear additional risks.

  • For greater certainty, if the adjusted Net Project Incentive is less than the Initial NPI Payment, the Participant will repay to the IESO within 10 Business Days of such notice, an amount (for greater certainty, plus Applicable Taxes) equal to the difference between Initial NPI Payment and the adjusted Net Project Incentive.


More Definitions of Net Project Incentive

Net Project Incentive means the amount, expressed in dollars, of the Project Incentive for a Project less the amounts of any Preliminary Engineering Incentive and Detailed Engineering Incentive paid or to be paid to the Participant in respect of such Project up to a maximum of $1,000,000.00, sub ect to ad ustment in accordance with Schedule “C”.
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Related to Net Project Incentive

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Project means a project for the development of land within a

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Area means that area to which a development plan is applicable.

  • Redevelopment project means a specific construction project

  • Project Area means land or lands located within the incentive

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Mining Plan means a mining plan drawn in accordance with clause (b) of sub-section

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Qualifying project means (i) any education facility, including, but not limited to a school building,

  • Area plan or “multiyear area plan” means a document, developed in accordance with the uniform area plan format and IAPI issued by the department, that is submitted to the department every four years, with annual updates, by an AAA in order to receive subgrants from the department’s grants.

  • Development Contribution means the provision made by a developer under a planning agreement, being payment of a monetary contribution, the dedication of land, the carrying out of a work-in-kind, the provision of a material public benefit to be used for or applied towards a public purpose, or any combination of the above.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Continuous Improvement Plan means a plan for improving the provision of the Goods and/or Services and/or reducing the Charges produced by the Supplier pursuant to Framework Schedule 12 (Continuous Improvement and Benchmarking);

  • Annual Work Plan and Budget means the work plan and budget referred to in Section I.D of Schedule 2 to this Agreement

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include: