PTC Period definition

PTC Period means the period commencing on the Effective Date and continuing until the date that is ten and one-half (10.5) years after the date on which the last WTG is placed in service for U.S. federal income Tax purposes.
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PTC Period as defined in the Holdings Operating Agreement.
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PTC Period means the period from the date that the first Wind Turbine that is a component of any Wind Farm has achieved Turbine Substantial Completion until the expiration of the period during which PTCs are available in connection with the sale of electricity from any Wind Turbine.
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Examples of PTC Period in a sentence

  • Specifically, in step two, where the operations lead and director are to perform due diligence, there is no provision for when the director or operations lead originally identified the vendor.

  • If such Disposition would occur prior to the end of the PTC Period, such Disposition will not result in the disallowance or reduction of PTCs with respect to income of the Company or Subs from sales of power thereafter accruing to the Company.

  • For purposes of this section, loss of production tax credits under Section 45 of the Internal Revenue Code of 1986, as amended, during the PTC Period associated with production to the extent lost as a result of breach of the Administrator’s duties hereunder shall not constitute consequential damages notwithstanding the fact that the underlying loss of production constitutes consequential damage for which no recovery is permitted.


More Definitions of PTC Period

PTC Period means the period starting on the Commercial Operation Date and ending on the tenth (10th) anniversary of the Commercial Operation Date.
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PTC Period means the period in which PTCs are available in connection with the sale of electricity from any Wind Turbines included in the Wind Farms.
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PTC Period as defined in the Holdings Operating Agreement. PUCT – the Public Utility Commission of Texas and any successor thereto. PURA – the Public Utility Regulatory Act, Tex. Util. Code Xxx. §§ 11.001-66.017, as amended.
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PTC Period means, with respect to any Wind Turbine, the ten year period beginning on the date that such Wind Turbine has achieved Turbine Substantial Completion.
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PTC Period means, with respect to any Eligible Wind Turbine, the ten year period (or, in the case of an Eligible Wind Turbine that qualifies for PTCs pursuant to a Modified PTC Extension that shortens the tax credit period specified in Code Section 45(a)(2)(A)(ii) (as in effect on the Execution Date), such shorter period) beginning on the date that such Wind Turbine has achieved Turbine Substantial Completion.
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PTC Period means the period commencing on the effective date of the LLC Agreement and continuing through the end of the period in which PTCs are available in connection with the sale of electricity from any Wind Turbine.
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Related to PTC Period

  • CIC Period means the period beginning on the date an event that constitutes a Change in Control occurs and ending on the first anniversary of such date.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Acquisition Period means the period ending five (5) business days prior to

  • PAGA Period means the period from May 10, 2021, through April 4, 2023.

  • Overlap Period means any taxable year or other taxable period beginning on or before and ending after the Closing Date.

  • ROFO Period is defined in Section 6.1(a).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Consultation Period means the period of sixty (60) days or such longer period as the Parties may agree, commencing from the date of issue of a TSP’s Preliminary Notice or a Nodal Agency’s Preliminary Termination Notice, as provided in Article 13 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances;

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Holdback Period has the meaning set forth in Section 3(a).

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Put Period shall have the meaning set forth in Section 5(a) hereof.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).