Purchase Standard definition

Purchase Standard means (i) the terms of the related Financing Fund LLCA and the terms of the Transaction Documents to which the Borrower is a party, (ii) the availability of funds in the Supplemental Reserve Account to pay the Purchase Option Price as then projected by the Facility Administrator and (iii) the same degree of analysis that the Borrower and its Affiliates use in determining whether or not to exercise similar purchase options for comparable assets owned by the Borrower and its Affiliates, taking into consideration the best interests of all parties to the Transaction Documents.
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Purchase Standard means (i) the terms of the relevant Tax Equity Project Company LLCA and the terms of the Transaction Documents to which the Issuer is a party, (ii) the availability of funds in the Supplemental Reserve Account or otherwise to pay the related Purchase Option Price as then projected by the related Managing Member and (iii) the same degree of analysis that the Issuer and its Affiliates use in determining whether or not to exercise similar purchase options for comparable assets owned by the Issuer and its Affiliates, taking into consideration the best interests of all parties to the Transaction Documents.
Sample 1Sample 2
Purchase Standard means (i) the terms of the related Financing Fund LLCA and the terms of the Transaction Documents to which the Borrower is a party, (ii) the availability of funds in the Supplemental Reserve Account to pay the Purchase Option Price as then projected by the Facility Administrator and (iii) the same degree of analysis that the Borrower and its Affiliates use in determining whether or not to exercise similar purchase options for comparable [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed. assets owned by the Borrower and its Affiliates, taking into consideration the best interests of all parties to the Transaction Documents.
Sample 1

Examples of Purchase Standard in a sentence

  • Such determination will take into account whether sufficient funds are available in the Supplemental Reserve Account to pay the related Purchase Option Price, and if such funds are not then available in the Supplemental Reserve Account, the Borrower shall make a determination, in accordance with the Purchase Standard, whether to exercise such Purchase Option as soon thereafter as such funds are available in the Supplemental Reserve Account.

  • An agency can complete the purchase using the Small Purchase Standard Procurement Process when individual items are $5,000 or less or when the aggerate total does not exceed $10,000.

  • The Purchase Order and the Purchase Standard List must be readily available for reference to confirm that the product meets the quality standard and quantity as ordered.

  • The Periodic Rate for your Purchase Balance is the Purchase Standard Rate, unless the Delinquency Rate applies as described below.

  • Such determination will take into account whether sufficient funds are available in the Supplemental Reserve Account to pay the related Purchase Option Price, and if such funds are not then available in the Supplemental Reserve Account, the Issuer will make a determination, in accordance with the Purchase Standard, whether to exercise such Purchase Option as soon thereafter as such funds are available in the Supplemental Reserve Account.

  • If Penalty Pricing applies to your account, the balance pertaining to Installment Plan will remain subject to the Purchase Standard APR and the corresponding term of Installment Plan will not change.

  • As of November 30, 2002 had outstanding futures contracts as follows: Expiration Number of Valuation as of Unrealized Contract Description Date Contracts November 30, 2002 Appreciation ------------------------------------------------------------------------------------------------------------------------------ Contracts to Purchase Standard & Poor's 500 E-Mini 12/20/02 12 $561,600 $38,963 -------------------------------------------------------------------------------- 6.

  • Accordingly, I would affirm the court of appeals, and I respectfully dissent from the majority opinion.

  • As of November 1, 2006, the Purchase Standard Rate was.06295% (ANNUAL PERCENTAGE RATE 22.98%).B .

  • The Purchase Standard Rate for a billing period is the greater of (i) the Prime Rate plus 14.73%, times 1/365, or (ii) .06295% (ANNUAL PERCENTAGERATE 22.98%).

Related to Purchase Standard

  • Contract Standard means such standard as complies in each and every respect with all relevant provisions of the Contract;

  • Base station means the station as set out in Part-II (SOQ) hereof where the vehicle(s) / equipment shall be permanently based, (i.e. based for minimum period of 10 (Ten) days at a stretch) which may be changed at the discretion of the Company.

  • State Standard Agreement means the form used by the State to enter into agreements with other parties. Several originally signed, fully executed versions of the State Standard Agreement, together with the integrated Contract Documents, shall each represent the Agreement as an individual “Contract Counterpart.”

  • Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target;

  • smart metering system means an electronic system that is capable of measuring electricity fed into the grid or electricity consumed from the grid, providing more information than a conventional meter, and that is capable of transmitting and receiving data for information, monitoring and control purposes, using a form of electronic communication;

  • Service Standards means the set of Service Measures, Service Levels, conditions and Service Guarantee Payments as set out in Schedule 1;

  • Service Level Standards has the meaning ascribed thereto in Section 2.1 hereof.

  • Applicable Standards means the requirements and guidelines of NERC, the Applicable Regional Entity, and the Control Area in which the Customer Facility is electrically located; the PJM Manuals; and Applicable Technical Requirements and Standards.

  • Community-Wide Standard means the standard of conduct, maintenance or other activity generally prevailing in the Community. Such standard may be more specifically determined by the Board of Directors of the Association. Such determination, however, must be consistent with the Community-Wide Standard originally established by the Declarant.

  • Delivery Site means the places specified in the Delivery Schedule for the purpose of Delivery or Installation of the Supplies and Services, or any other places nominated by the Engineer and notified in writing to the Contractor;

  • Design Standards means the standards developed as a requirement of the Programmatic Agreement

  • Spacecraft (9) means active and passive satellites and space probes.

  • Air Conditioning System Is cooling supplied to all finished rooms? Yes No Unknown Does Not Apply Comments: Is the system in operating condition? Yes No Unknown Does Not Apply Comments:

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Standard operating procedure means a formal written procedure offi- cially adopted by the plant owner or operator and available on a routine basis to those persons responsible for carrying out the procedure.

  • Service Specification means and include detailed description, statements to technical data, performance characteristics, and standards (Indian as well as) as applicable and as specified in the Contract as well as those specifications relating to Industry standards and codes applicable to the performance of the work, work performance quality and the specifications affecting the works or any additional specification required to be produced by the DCO to meet the design criteria.

  • technical specification means a document that prescribes technical requirements to be fulfilled by a product, process or service;

  • Reliability Standard means a requirement to provide for reliable operation of the bulk power system, including without limiting the foregoing requirements for the operation of existing bulk power system facilities, including cybersecurity protection, and the design of planned additions or modifications to such facilities to the extent necessary for reliable operation of the bulk power system, but shall not include any requirement to enlarge bulk power system facilities or to construct new transmission capacity or generation capacity.

  • The Specification means the Specification annexed to or issued with G.T.C.C. and shall include the schedules & drawings attached thereto as well as all samples and pattern, if any.

  • Performance Standards or “PS” shall mean the cleanup levels and other measures of achievement of the remedial action objectives, as set forth in the ROD.

  • Technical standard means a document that specifies design, predicted performance and operation and maintenance specifications for a material, device or method.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Delivery System means the design and construction

  • Delivery Services means those services provided by the

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Disturbance Control Standard or “DCS” shall mean the reliability standard that sets the time limit following a disturbance within which a balancing authority must return its Area Control Error to within a specified range.