Solar Share definition

Solar Share means a 100kWh block of power whose output is understood to be generated from the PV installation (solar panels and their associated equipment). There are a limited number of this output and the associated Solar Shares.
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Examples of Solar Share in a sentence

  • Solar Share subscriptions are associated with the Santee Cooper service account number listed on the Solar Share Subscription Application and are non-transferable.

  • Through the Solar Share Program, Customers can participate by subscribing to blocks of rated generation capacity.

  • Customers interested in the Solar Share Program can participate by following these basic steps: Step 1: Submit a Solar Share Subscription Application (“Subscription Application”) to Santee Cooper.

  • Member’s only right in the Solar Facility is to receive Solar Share Production Credits based upon the number of shares paid for as provided in this Agreement.

  • Customers who interconnect a Solar PV System to Santee Cooper’s Grid or subscribe to the Solar Share Program will be subject to the requirements, credits, and fees outlined in the most recent Distributed Generation Rider.

  • Upon payment by CWP, Member’s right to receive Solar Share Production Credits from the Units repurchased ends, and CWP will have no further obligation to Member with regard to those Units.

  • The maximum number of Blocks eligible for subscription through the Solar Share Program will be determined by Santee Cooper, at its discretion, and may be less than the number of Blocks for which the Customer applied.

  • SDG&E proposes a five year program period with a budget cap of $50 million and the option to request a program extension.Under the Multi-Family Solar Share program, residential customers in multifamily buildings would be credited for generation produced by the on-site system at SDG&E’s proposed Sun Credit rate.

  • Solar Share allows customers to own solar output without having to install a rooftop solar electric system at their home or business.

  • The Solar Share Program provides rebates and bill credits to eligible residential Customers for subscribing to Santee Cooper sponsored community Solar Farm.

Related to Solar Share

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • NAV per Share means the value of a Share determined under Section 4.1.

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • REIT Share means a share of common stock of the General Partner, $0.01 par value per share, but shall not include any class or series of the General Partner’s common stock classified after the date of this Agreement.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Time share means either a time-share estate or a time-share use plus its incidental benefits;

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Common Share means one share of the common stock of the Company.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Fund Share means the share, unit, or other evidence of ownership in a Permissible Investment.

  • Revenue Share means Government’s Share of Revenue.

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Participating Share or “Share” means the Participating Shares of no par value in the