PBI Liquidated Damages definition

PBI Liquidated Damages means any liquidated damages due and payable to a PBI Obligor in respect of a Solar Asset.
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PBI Liquidated Damages means any liquidated damages due and payable to a PBI Obligor in respect of a Solar Asset. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
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PBI Liquidated Damages means any liquidated damages due and payable to a PBI Obligor in respect of a Solar Asset. “PBI Payments” means all payments due by the related PBI Obligor under or in respect of such PBI Documents. “PBI Obligor" means a utility or federal, state or local Governmental Authority that maintains or administers (or has appointed an administrator to administrate) a renewable energy program designed to incentivize the installation of PV Systems and use of solar generated electricity that has approved and is obligated to make PBI Payments to the owner of the related PV System. “Performance Guarantor” means, in such capacity, the Sponsor. “Performance Guaranty” means the Limited Performance Guaranty, dated as of the Closing Date, by the Performance Guarantor, in favor of the Borrower and the Administrative Agent. “Performing Tax Credit Sale Contract” means any Tax Credit Sale Contract other than a Tax Credit Sale Contract with respect to which the related Tax Credit Purchaser has breached its obligations to purchase ITCs and either (i) such failure has continued for sixty (60) days or (ii) one or more replacement Permitted Tax Credit Sale Contracts are entered into with respect to such ITCs. “Periodic Term SOFR Determination Day” has the meaning specified in the definition of “Term SOFR”.
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Related to PBI Liquidated Damages

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • Liquidated Damages shall have the meaning set forth in Section 2(e) hereof.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Redemption Payment Date As defined in Section 13.1.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.