Qualified Biomass Conversion Facility definition

Qualified Biomass Conversion Facility means a Biomass Conversion Facility that has entered into and met the terms of this Agreement.
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Qualified Biomass Conversion Facility means a Biomass Conversion Facility that has executed the proper Application and Agreement and which has been approved by USDA for participation in BCAP.
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Qualified Biomass Conversion Facility means a Biomass Conversion Facility that has executed the proper application and agreement and has been approved by CCC.
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Examples of Qualified Biomass Conversion Facility in a sentence

  • A Qualified Biomass Conversion Facility is a “Biomass Conversion Facility” that has met and continues to meet the terms of this Agreement.

  • This Agreement shall become effective immediately upon the final signature of each authorized party and shall act as a letter of commitment by the Qualified Biomass Conversion Facility to: (1) convert or propose to convert eligible material into heat, power, bio-based products, or advanced biofuels and (2) provide certain information to FSA to facilitate its making matching payments.

  • This Agreement provides for a partnership between USDA, CCC, and FSA and the Qualified Biomass Conversion Facility.

  • The intent of this Agreement is to allow, where deemed desirable by the USDA, CCC, and FSA and certain biomass conversion facilities, for such a facility to be designated as a Qualified Biomass Conversion Facility under the BCAP.

  • Such designation will enable certain payments to certain persons or entities made by the Qualified Biomass Conversion Facility to be “matched” by CCC as described below in Section VI, D.

  • Under BCAP, matching payments are generally authorized for the delivery of eligible material for the collection, harvest, storage, and transportation to a Qualified Biomass Conversion Facility.

  • Approval of conversion facilities to serve as QBCF’s is to allow, where deemed desirable by the USDA, CCC, and FSA and certain biomass conversion facilities, for such a facility to be designated as a Qualified Biomass Conversion Facility under the BCAP.

  • EACH PARTY AGREES THAT IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES RESULTING FROM A DEFAULT OR BREACH OF THIS AGREEMENT.

  • Complete and adhere to the Qualified Biomass Conversion Facility overview as provided in Attachment 1, which provides CCC and FSA with information to facilitate the program.

  • The signed application shall act as a letter of commitment by the Qualified Biomass Conversion Facility to: Convert or propose to convert eligible material into heat, power, bio-based products, or advanced biofuels; and Provide certain information to FSA to facilitate its making matching payments.


More Definitions of Qualified Biomass Conversion Facility

Qualified Biomass Conversion Facility for the Biomass Crop Assistance Program (BCAP).
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Qualified Biomass Conversion Facility means a biomass
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Related to Qualified Biomass Conversion Facility

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.

  • Conversion Factor means 1.0, provided that in the event that the General Partner (i) declares or pays a dividend on its outstanding REIT Shares in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares in REIT Shares, (ii) subdivides its outstanding REIT Shares, or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Conversion Factor shall be adjusted by multiplying the Conversion Factor by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date for such dividend, distribution, subdivision or combination (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on such date and, provided further, that in the event that an entity other than an Affiliate of the General Partner shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the Conversion Factor shall be adjusted by multiplying the Conversion Factor by the number of shares of the Successor Entity into which one REIT Share is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the Conversion Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, the Conversion Factor shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination.

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Date of Conversion Conversion Price:_______________________________________________________________

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.