RPS Compliance definition

RPS Compliance or “RPS Compliant” means, when used with respect to the PV System or any other facility at any time, that all Energy generated by such facility at all times shall, together with all of the associated Environmental Attributes, qualify as a “portfolio content category 1” eligible renewable resource, or equivalent if the RPS Law is changed, under the RPS Law and meet the requirements of Public Utilities Code Section 399.16(b)(1).
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RPS Compliance or “RPS Compliant” means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such facility at all times shall, together with all of the associated Environmental Attributes, qualify as a “portfolio content category 1” eligible renewable resource under the RPS Law and meet the requirements of Public Utilities Code Section 399.16(b)(1).
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RPS Compliance or “RPS Compliant” means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such facility at all times shall, together with all of the associated Environmental Attributes, qualify a... “RPS Compliance Period” means each “Compliance Period” as defined in the RPS Law. “RPS Law” means the California Renewable Energy Resources Act, including the California Renewables Portfolio Standard Program, Article 16 of Chapter 2.3, Division 1 of the Public Utilities Code, California Public Resources Code § 25740 through 25751, ... “SCADA” means the supervisory control and data acquisition system for the Facility. “Schedule” or “Scheduling” means the actions of Seller and Buyer, their Authorized Representatives, the Scheduling Coordinator, and the Transmission Providers, if applicable, of notifying, requesting and confirming to the CAISO the amounts of Facility... “Scheduled Outage” means any outage with respect to the Facility other than a Forced Outage. “Scheduled Outage Projection” has the meaning set forth in Section 4.4(a). “Scheduling Coordinator” has the meaning set forth in the CAISO Tariff. “Seller” has the meaning set forth in the preamble of this Agreement. “Seller Curtailment” has the meaning set forth in Section 7.4(d). “Seller’s Compliance Expenditure Cap” means Five Million Dollars ($5,000,000) in the aggregate during the Delivery Term. “Seller’s Knowledge” means (a) the actual knowledge of any officer of Seller or any officer of any manager or managing member of Seller of any fact, circumstance or condition or (b) the knowledge that any officer of Seller or any officer of any manage... “Settlement Statement” has the meaning set forth in the CAISO Tariff. “Shared Facilities Agreement” means those certain shared facilities agreements related to the Facility between Seller and any Person listed on Appendix N, in form and substance reasonably acceptable to Buyer. “Site” means the real property (including all fixtures and appurtenances thereto) and related physical and intangible property generally identified in Appendix B-1B or Appendix B-2B, as applicable, as owned or leased by Seller where the Facility is lo... “Site Control” means (a) Seller shall, to the extent necessary to provide Seller with full control of the Site, (i) own the Site, (ii) be the holder of a right-of-way grant from the BLM, (iii) be the lessee of the Site under a lease, or (iv) be the ma... “Site Control Documents” means the real prope...
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Examples of RPS Compliance in a sentence

  • The LSEs Native Load shall be served only by (a) Seller in accordance with this Agreement, (b) the SEPA Entitlement, (c) PURPA Resources, (d) Existing Generation, (e) subject to the requirements of this Section 5.2, Permitted Additional Resources, (f) RPS Compliance Resources (g) Program Resources, and (h) Non-Shared Resources (including Resources to serve Buyer Designated Delivery Points).

  • Subject to Section 5.2(h) and provided the Renewable Energy Resource is not also a PURPA Resource, Buyer or a LSE may utilize capacity and energy from Renewable Energy Resources to serve LSEs Native Load and, subject to Section 5.2(g) to satisfy a RPS Compliance Obligation; provided, if such Renewable Energy Resources are competitively bid by Buyer, then Seller shall be afforded the right to participate in the bid process.

  • RPS Compliance Seller must ensure the Facility obtains CEC pre-certification prior to the COD, obtains CEC certification within 180 days of COD and maintains such CEC certification during the Delivery Term.

  • RPS Compliance: Seller must ensure the Facility obtains CEC pre-certification prior to the COD, obtains CEC certification within 180 days of COD, and maintains such CEC certification during the Delivery Term.

  • If Seller fails to pay Buyer the GEP Shortfall Damages within sixty (60) days after the end of the GEP Shortfall Makeup Period or RPS Compliance Period, as applicable, Buyer shall have the right to immediately draw the applicable amount of GEP Shortfall Damages owed to Buyer from the Delivery Term Security.

  • If Seller fails to make up the full amount of any GEP Shortfall Energy by the end of the GEP Shortfall Makeup Period or a GEP Shortfall occurs during the last Contract Year of an RPS Compliance Period, Seller shall ...

  • Procurement from the Amended PSA Counts in Full toward RPS Compliance Procurement from the Amended PSA will count in full toward procurement requirements in effect under Senate Bill (SB) 2 1X.

  • Per Section 12.6, Seller may incorporate storage technologies (at its own cost and for its own benefit) as long as the incorporation of storage technologies does not affect the Facility’s EPS Compliance or RPS Compliance and Seller is otherwise able to continue to comply with all other obligations of Seller under this Agreement.

  • RPS Compliance: Seller must ensure the Facility obtains CEC pre-certification prior to the COD, file an application for CEC certification for the Facility within thirty (30) days after the Commercial Operation Date, and maintains such CEC certification during the Delivery Term.

  • If a cost component is separately listed as an obligation in this Sales Confirmation (for example, Capacity, Congestion, RPS Compliance Fees, or Losses), such charge or cost is not included in the Contract Price.

Related to RPS Compliance

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • Environmental Compliance means actions performed during or after Operations to comply with the requirements of all Environmental Laws or contractual commitments related to reclamation of the Properties or other compliance with Environmental Laws.

  • HIPAA Compliant means that a Loan Party to the extent legally required (i) is or will use commercially reasonable efforts to be in compliance in all material respects with each of the applicable requirements of the so-called “Administrative Simplification” provisions of HIPAA on and as of each date that any part thereof, or any final rule or regulation thereunder, becomes effective in accordance with its or their terms, as the case may be (each such date, a “HIPAA Compliance Date”) and (ii) is not and could not reasonably be expected to become, as of any date following any such HIPAA Compliance Date, the subject of any civil or criminal penalty, process, claim, action or proceeding, or any administrative or other regulatory review, survey, process or proceeding (other than routine surveys or reviews conducted by any government health plan or other accreditation entity) that could result in any of the foregoing or that has or could reasonably be expected to have a Material Adverse Effect.

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • LEGAL COMPLIANCE This Agreement and any transaction with, or payment to, you pursuant to the terms hereof is conditioned on your representation to us that, as of the date of this Agreement you are, and at all times during its effectiveness you will be, a bank as defined in Section 3(a)(6) of the Securities Exchange Act of 1934 (or other financial institution) and not otherwise required to register as a broker or dealer under such Act. You agree to notify us promptly in writing if this representation ceases to be true. You also agree that, regardless of whether you are a member of the NASD, you will comply with the rules of the NASD, including, in particular, Sections 2310, IM 2310-2, and 2830 of the NASD Conduct Rules, and that you will maintain adequate records with respect to your customers and their transactions, and that such transactions will be without recourse against you by your customers. We recognize that, in addition to applicable provisions of state and federal securities laws, you may be subject to the provisions of the Xxxxx-Xxxxxxxx Act and other laws governing, among other things, the conduct of activities by federal and state chartered and supervised financial institutions and their affiliated organizations. As such, you may be restricted in the activities that you may undertake and for which you may be paid, and, therefore, we recognize that you will not perform activities that are inconsistent with your statutory and regulatory obligations. Because you will be the only one having a direct relationship with the customer, you will be responsible in that relationship for insuring compliance with all laws and regulations, including those of all applicable federal and state regulatory authorities and bodies having jurisdiction over you or your customers to the extent applicable to securities purchases hereunder.

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Safety compliance facility means a licensee that is a commercial entity that receives marihuana from a marihuana facility or registered primary caregiver, tests it for contaminants and for tetrahydrocannabinol and other cannabinoids, returns the test results, and may return the marihuana to the marihuana facility.

  • Assessment of Compliance As defined in Section 3.21.

  • Document of Compliance has the meaning given to it in the ISM Code.

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Trading Compliance Policy means the written policy of the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or its securities.

  • SOX Compliant Entity means an entity that either is required to be compliant with, or voluntarily is compliant with, all of the following provisions of the Sarbanes-Oxley Act of 2002: (i) the preapproval requirements of Section 201 (Section 10A(i) of the Securities Exchange Act of 1934); (ii) the Audit committee independence requirements of Section 301 (Section 10A(m)(3) of the Securities Exchange Act of 1934); and (iii) the Internal control over financial reporting requirements of Section 404 (Item 308 of SEC Regulation S-K).

  • Annual Statement of Compliance As defined in Section 3.13.

  • Labor compliance agreement means an agreement entered into between a contractor or subcontractor and an enforcement agency to address appropriate remedial measures, compliance assistance, steps to resolve issues to increase compliance with the labor laws, or other related matters.

  • Compliance as used in this clause, means compliance with:

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Environmental and Social Standard 8: Cultural Heritage”; (ix) “Environmental and Social Standard 9: Financial Intermediaries”; (x) “Environmental and Social Standard 10: Stakeholder Engagement and Information Disclosure”; effective on October 1, 2018, as published by the Bank.

  • Environmental and Social Standards or “ESSs” means, collectively:

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Reporting Requirements As defined in Section 11.12.

  • Certificate of Compliance means a certificate issued in terms of the Regulations in respect of an electrical installation or part of an electrical installation by an accredited person;

  • Distribution Compliance Period means the period that ends 40 days after the completion of the distribution of each Tranche of Notes, as certified by the relevant Dealer (in the case of a non-syndicated issue) or the relevant Lead Manager (in the case of a syndicated issue);