PPA Term definition

PPA Term means that period during which the Power Purchaser is obligated to purchase the Facility Capacity pursuant to the terms of the Power Purchase Agreement.
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PPA Term means the term of the REFIT Power Purchase Agreement between the Seller and the Buyer which is for the period of twenty (20) years. The REFIT PPA will not operate after its expiry; however any rights that have accrued to either Party under the PPA before its termination will be enforceable thereafter;
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PPA Term means a period of at least two consecutive years during which AEE or AEE 2, as applicable, has a PPA or series of PPAs for the sale at a scheduled price of 75% or more of the capacity and energy of the Facility, the Related Facility and the Additional Facilities to a third party purchaser or third party purchasers whose senior unsecured long-term debt rating is at least Investment Grade.
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Examples of PPA Term in a sentence

  • PPA Rate ($/kWh) PPA Term (Years) 0.1475 commencing on the Commercial Operation Date 3.00% on each anniversary of the Commercial Operation Date The following Termination Values are based on the Standard System Design Package described in Exhibit A.

  • Irrespective of dates of Part Commissioning, the PPA shall remain in force for the PPA Term only.

  • Please accept our PPA Tariff as INR [In Indian Rupees up to 2 decimal places in figure and words] per kWh valid during the PPA Term for a total capacity of MW.

  • In both cases where the lease agreements are for a period shorter than the PPA Term, solely on account of applicable State Governmental regulations, the HPD shall be required to submit an undertaking that the lease agreements shall be appropriately extended in line with the Term of the PPA, when required.

  • It is pertinent to mention that the PPA Tariff discovered during the E-Reverse Auction process shall be applicable during the PPA Term.

  • Please accept our PPA Tariff as INR [In Indian Rupees up to 2 decimal places in figure and words] per kWh valid during the PPA Term for a total capacity of the Project(s) as [ ] MWAC.

  • During the portion of the PPA Term after the Commercial Operation Date, PPA Sellers are exposed to the risk of reductions in their Capacity Payments under Section 5.1.2 to the extent of their monthly unexcused hours of unavailability exceed allowed margins.

  • In both cases where the lease agreements are for a period shorter than the PPA Term, solely on account of applicable State Governmental regulations, the WPD shall be required to submit an undertaking that the lease agreements shall be appropriately extended in line with the Term of the PPA, when required.

  • Irrespective of dates of Part Commissioning, the PPA shall remain in force for the PPA Term only.The Solar Power Developer shall be permitted toachievethe Part Commissioning for the Project only prior to the Scheduled COD.

  • Include first year PV generation at delivery point (kW, MWh, Capacitor factor %), PPA Term (years), and location of point of delivery (distribution system or other).


More Definitions of PPA Term

PPA Term is twenty five (25) years to the day beginning at Commercial Operation
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PPA Term. [None][Describe applicable PPA Term]
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PPA Term means a PPA or series of PPAs with a term of at least five consecutive years, during which AEE or AEE 2 has a legally valid and binding contract for the sale at a scheduled price of all or a portion of the capacity and energy to a third party purchaser or third party purchasers, each of whose senior unsecured long-term debt credit rating is at least Investment Grade; provided, however, that the ratio of all AEE Revenues received under such PPA(s) to the Fixed Charges and Operating and Maintenance Costs (other than variable costs associated with energy production not associated with a PPA) is at least 1.0 to 1.0; and provided, further, that no such PPA has any advance payment or tracking account obligations or other form of refundable revenues and the PPA and any other related documents provide reasonable linkage between revenues and costs (such reasonable linkage to be confirmed by a qualified independent consultant; provided, that costs, unless otherwise contracted, shall be assumed to escalate with inflation). Notwithstanding the foregoing, with the consent of the Owner Participant (to be determined in its sole discretion), a "PPA Term" shall mean a period of at least two consecutive years during which AEE or AEE 2, as applicable, has a PPA or series of PPAs for the sale at a scheduled price of 75% or more of the capacity and energy of the Facility, the Related Facility and the Additional Facilities to a third party purchaser or third party purchasers whose senior unsecured long-term debt rating is at least Investment Grade.
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Related to PPA Term

  • a term s notice" means written notice given not later than the first day of the term preceding the term to which the notice relates;

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

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

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Renewal Period the period described in clause 13.1.

  • Renewal Term has the meaning set forth in Section 2.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

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

  • Minimum Term means, in respect of this Agreement, the period of 12 months beginning on the Effective Date;

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

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

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

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Orig Term Prop Type: Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 7578360 181 14 $89,797.00 $17,500.00 $211.44 736 0300989621 6 177 1 $145,500.00 01/31/2002 32 Xxx Xxxxxxx XX 00000 02 12.130 74 $17,395.09 02/05/2017 2 7578444 181 14 $110,000.00 $27,500.00 $336.71 669 0300981644 6 177 1 $110,000.00 01/31/2002 46 XXXXX XX 00000 02 12.380 125 $27,339.00 02/06/2017 2 7578728 181 14 $106,356.00 $65,000.00 $809.62 669 0300905551 6 177 1 $145,000.00 01/10/2002 43 XXXXXX XX 00000 02 12.700 119 $64,367.19 02/01/2017 2 7578867 301 14 $145,097.00 $35,000.00 $424.67 671 0301088050 8 300 1 $152,000.00 04/15/2002 36 XXXXXXXXXX XX 00000 02 14.130 119 $35,000.00 05/01/2027 2 7578883 181 14 $55,978.00 $57,000.00 $702.54 684 0301111738 6 180 1 $101,000.00 04/15/2002 45 XXXXXXXXXXX XX 00000 02 12.500 112 $56,891.21 05/01/2017 2 7578885 301 14 $178,282.00 $34,200.00 $398.65 674 0301104469 8 300 1 $174,000.00 04/15/2002 41 XXXXXXXXX XX 00000 02 13.500 123 $34,200.00 05/01/2027 2 7578889 181 14 $65,000.00 $25,000.00 $324.58 648 0301104923 6 180 1 $85,000.00 04/15/2002 24 XXXXX OK 74421 02 13.500 106 $25,000.00 05/01/2017 2 7578891 300 09 $107,539.00 $59,500.00 $671.06 707 0301091559 8 299 1 $134,000.00 04/12/2002 41 XXXXXXX XX 00000 02 13.000 125 $59,473.52 04/22/2027 2 7578893 181 14 $62,638.00 $35,000.00 $460.25 645 0301097283 6 180 1 $79,000.00 04/11/2002 42 XXXXXX XX 00000 02 13.750 124 $35,000.00 05/01/2017 2 7578897 181 14 $166,100.00 $35,000.00 $460.25 641 0301104758 6 180 1 $170,000.00 04/11/2002 45 XXXXXXX XX 00000 02 13.750 119 $35,000.00 05/01/2017 2 7579909 180 14 $86,368.00 $60,000.00 $743.42 680 0301083119 6 179 1 $118,500.00 04/15/2002 48 XXXX XX 00000 02 12.600 124 $59,886.58 04/19/2017 2 7580372 180 14 $210,000.00 $60,000.00 $749.30 683 0300973682 6 177 1 $256,000.00 02/05/2002 47 XXXXXXXX XX 00000 02 12.750 106 $59,507.30 02/11/2017 2 7581437 180 14 $77,000.00 $35,000.00 $442.83 699 0301082798 6 179 1 $97,000.00 04/09/2002 41 Xxxxxxxxxxx XX 00000 02 13.000 116 $34,934.17 04/15/2017 2 7581439 180 14 $32,369.00 $28,000.00 $345.11 664 0301085445 6 179 1 $55,000.00 04/12/2002 27 Xxxx Xxxxx AR 72901 02 12.500 110 $27,441.56 04/19/2017 2 7581441 180 14 $52,035.00 $50,000.00 $633.44 661 0301098927 6 179 1 $88,000.00 04/13/2002 33 XXXXXX XX 00000 02 13.030 116 $49,907.71 04/19/2017 2 7581443 300 14 $99,289.00 $59,500.00 $624.47 705 0301082962 8 299 1 $129,000.00 04/09/2002 50 XXXX XX 00000 02 11.950 124 $59,467.52 04/15/2027 2 7581445 180 14 $82,989.00 $25,000.00 $308.13 739 0301085460 6 179 1 $91,724.00 04/10/2002 26 Xxxxxx XX 00000 02 12.500 118 $24,952.29 04/17/2017 2 7581447 180 14 $95,604.00 $36,000.00 $461.43 681 0301082806 6 179 1 $105,934.00 04/13/2002 45 XXXXXXXXX XX 00000 02 13.250 125 $35,936.07 04/19/2017 2 7581449 180 14 $174,770.00 $60,000.00 $810.17 688 0301114138 6 179 1 $202,000.00 04/10/2002 00 XXXXX XXXXXXXX XX 00000 02 14.280 117 $59,903.58 04/16/2017 2 7581451 300 09 $112,061.00 $45,330.00 $510.91 701 0301082970 8 299 1 $135,500.00 04/12/2002 42 XXXX XXXXX XX 00000 02 12.990 117 $45,309.79 04/18/2027 2 7581453 180 14 $117,945.00 $54,000.00 $674.38 719 0301082814 6 179 1 $138,000.00 04/12/2002 48 XXXXXX XX 00000 02 12.750 125 $53,899.37 04/18/2017 2

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

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

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

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

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on June 30, 2019.”

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • License expiration date means June 30 of even-numbered years.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).