SREC Agreement definition

SREC Agreement means a fully prepaid SREC agreement, dated as of the Closing Date, by and between the TEP IV-C Project Company and the Issuer.
Sample 1
SREC Agreement means, any spot contract, term contract, purchase and sale agreement or other arrangement relating to the purchase and sale of SRECs. “SREC Hedge Agreement” means any purchase, sale, Swap Contract, hedge or similar arrangement, agreement or transaction designed to hedge the risks arising from fluctuations in the price or value of SRECs and not entered into for speculative purposes. “SRECs” means credits, credit certificates, green tags or similar environmental or green energy attributes (such as those for greenhouse gas reduction or the generation of green power or renewable energy) created by a Governmental Authority of any state or local jurisdiction and/or
Sample 1
SREC Agreement means any agreement pursuant to which any Person is required to make payments to or for the benefit of a SREC Subsidiary, the Borrower or a Subsidiary of the Borrower, in respect of SRECs generated by Projects owned directly by a Project Subsidiary or indirectly by the Borrower, in the state subject to such SREC Agreement.
Sample 1

Examples of SREC Agreement in a sentence

  • V.2.4. No later than two (2) business days after the close of the Auction, each EDC will execute two (2) originals of its Master SREC Agreement for each of its winning bidders that has not already executed a Master SREC agreement pursuant to a previous SREC Auction and will send one (1) original Master SREC Agreement by overnight delivery service to each such winning bidder.

  • The Auction Manager will send to each EDC the partially executed Master SREC Agreement for that EDC and for each of its winning bidders for execution, unless that EDC has already executed a Master SREC agreement with a particular bidder pursuant to a previous SREC Auction.

  • If a bidder’s signatory to the Master SREC Agreement remains valid, the bidder is not required to submit the signature pages of the Master SREC Agreement again.II.1.10.

  • The related Hedged SREC Agreement was originated by the Borrower.

  • All conditions to the payment of Hedged SREC Payments by the related Eligible Hedged SREC Counterparty have been satisfied or approved, as applicable, and the Eligible Hedged SREC Counterparty’s payment obligation is an absolute and unconditional obligation of the Eligible Hedged SREC Counterparty that is not, by the terms of the related Hedged SREC Agreement, subject to offset for any reason.

  • To the extent that the rights to receive Hedged SREC Payments and the related Hedged SREC Agreement, if any, are not freely assignable without the consent of the Eligible Hedged SREC Counterparty, or if consent of or notice to any Person is required for the grant of a security interest, such consent will have been obtained or notice will have been given as of the effective date of the applicable Hedged SREC Agreement.

  • If a bidder’s signatory to the Master SREC Agreement remains valid, the bidder is not required to submit the signature pages of the Master SREC Agreement again.

  • The Auction Manager will send to each EDC the partially executed Master SREC Agreement for that EDC and for each of its winning bidders for execution, unless that EDC has already executed a Master SREC agreement with a particular bidder pursuant to a previous SREC Auction held in April 2011 or later.

  • In such circumstances, the SGE should seek the guidance of their supervisor or advisory committee staff to determine whether disqualification from the matter is appropriate.

  • Based on the foregoing, the Court should deny the Motion to the extent it seeks to reject the SREC Agreement retroactive to the April 16, 2018 Filing Date, and should instead order such rejection effective as of the Final Rejection Date.


More Definitions of SREC Agreement

SREC Agreement means, any spot contract, term contract, purchase and sale agreement or other arrangement relating to the purchase and sale of SRECs.
Sample 1

Related to SREC Agreement

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Development Agreement has the meaning set forth in the Recitals.

  • Secondment Agreement is defined in Section 2.2.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • O&M Agreement means the agreement(s), if any, between the Company and the O&M Contractor for the operation and maintenance of the Facility to be entered into between the Company and the O&M Contractor, as amended or superseded from time to time;

  • Existing Agreement has the meaning set forth in the recitals.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Assistance Agreement means a for- mal, written agreement between the CDFI Fund and an Awardee which specifies the terms and conditions of assistance under this part;

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Support Agreement has the meaning set forth in the Recitals.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Tax Agreement means the Tax Exemption Certificate and Agreement with respect to the Bonds, dated the date of delivery of the Bonds, among the Company, the Issuer and the Trustee, as from time to time amended and supplemented.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.