NYSERDA NYGATS Account definition

NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 RECs as performance under this Agreement.
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NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement.
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NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement. Operational Certification: Operational Certification verifies that the Bid Facility has been constructed and/or will operate in accordance with the proposal submitted, for which a Provisional Statement of Qualification (PSoQ) was granted and for which an award was made. An Operational Certification request should be submitted after the Bid Facility has received a Statement of Qualification (SoQ) in NYGATS. NYSERDA will also determine whether Seller has complied with Section 18.10. For Bid Facilities including Energy Storage, NYSERDA will verify the Installed Storage Capacity and confirm that it has been installed consistent with the Bid Proposal (see Article IV). For Fuel-Based Bid Facilities, the Seller will be required to provide additional information as outlined in Exhibit D to this Agreement. Once Operational Certification has been granted, NYSERDA will make payments consistent with Section IV.
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Examples of NYSERDA NYGATS Account in a sentence

  • The amount payable to Seller with respect to each monthly invoice shall be the product of: (i) the number of ORECs associated with the Actual Production during the month and Transferred to the NYSERDA NYGATS Account in accordance with Section 2.01, and (ii) the Monthly OREC Price for the vintage month of the ORECs Transferred.

  • Seller shall, at its own expense, make all arrangements necessary to: (a) register the Selected Project and Transfer ORECs to the NYSERDA NYGATS Account, and (b) interconnect the Selected Project and comply with the electricity delivery requirements set out in Article III.

  • Invoices must reflect the quantity of Tier-1 Renewable Energy Certificates Transferred to the NYSERDA NYGATS Account for the prior month.

  • Seller shall Transfer ORECs up to the Annual OREC Cap to the NYSERDA NYGATS Account on a monthly basis via a Forward Certificate Transfer.

  • Seller shall submit monthly invoices for the ORECs Transferred by Seller into the NYSERDA NYGATS Account and associated with the Actual Production delivered to the Delivery Point in each month during the Contract Delivery Term.

  • Seller shall transfer ORECs up to the Annual OREC Cap to the NYSERDA NYGATS Account on a monthly basis via a Forward Certificate Transfer.

  • Invoices must reflect the quantity of ORECs Transferred to the NYSERDA NYGATS Account for that month.

  • Seller shall Transfer ORECs, up to the Annual OREC Cap, to the NYSERDA NYGATS Account on a monthly basis via a Forward Certificate Transfer.

  • Seller shall submit monthly invoices throughout the Contract Delivery Term of this Agreement for the Tier-1 Renewable Energy Certificates transferred by Seller into the NYSERDA NYGATS Account and associated with the Actual Eligible Production in the prior month during the Contract Delivery Term.

  • The amount payable to Seller with respect to each monthly invoice shall be the product of: (a) the number of ORECs associated with the Actual Production during the prior month and transferred to the NYSERDA NYGATS Account, and (b) the Monthly OREC Price for the prior month, subject to the Annual OREC Cap during each Contract Year.


More Definitions of NYSERDA NYGATS Account

NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement. Operational Certification: Operational Certification verifies that the Bid Facility has been constructed and/or will operate in accordance with the proposal submitted, for which a Provisional Statement of Qualification (PSoQ) was granted and for which an award was made. An Operational Certification request should be submitted after the Bid Facility has received a Operating Rules: The NYGATS Operating Rules (the “Operating Rules”), the General Terms of Use and other guidelines posted to the NYGATS website at: Permanent Physical Footprint: The area occupied during the Contract Delivery Term by the generation facility, the associated interconnection equipment and, if applicable, Energy Storage equipment as verified by NYSERDA through the Operational Certification process.
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Related to NYSERDA NYGATS Account

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Joint Account means an Account opened in more than one name;

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • JetBrains Account or “JBA” means an account at xxxxx://xxxxxxx.xxxxxxxxx.xxx created by Customer, having a unique name and password, and through which Customer has access to Products in accordance with a Toolbox Subscription.

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Investment Account As defined in Section 3.12(a).

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.