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.
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.

  • If a bidder has submitted these documents in a previous Auction, and if the signatory 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.

  • The Auction Manager may issue additional instructions if there is an alternate method for completing the signature pages of the Master SREC Agreement that is also acceptable.

  • This is the only acceptable method for submission of the signature pages of the Master SREC Agreement at this time.

  • 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.

  • 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.

  • Under the Master SREC Agreement, winning bidders have five (5) days from the date of completion of the Auction to pre-pay for the SRECs. Any amounts provided as bid assurance collateral will be deducted from amounts due for purchased SRECs. Failure by a winning bidder to execute the Confirmation or to provide pre-payment of the full amount will result in forfeiture of the bid assurance collateral and may result in other sanctions or penalties.I.2.12.

  • Solar panel procurement delays due to inventory issues by the manufacturers.Staff recommended that the Board grant this request for second extension of the deadline for completion of the Projects under the SREC Agreement with ACE of three months to October 15, 2019 as recommended in the December 2013 ACE stipulation.

  • The Debtors and Merchants have mutually represented that each SREC Agreement qualifies as a forward contract.


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. “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

Related to SREC Agreement

  • 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 hereto.

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

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • 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 means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • 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.