SREC Proceeds definition

SREC Proceeds means all cash proceeds actually received by the Borrower from the sale of SRECs.
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SREC Proceeds means all cash proceeds actually received by the Issuer or a Project Company from the sale of SRECs.
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SREC Proceeds means all cash proceeds actually received by the Borrower from the sale of SRECs. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
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Examples of SREC Proceeds in a sentence

  • The Issuer may distribute to the Depositor any Grid Services Net Revenue, SREC Proceeds or proceeds related to Rebates generated with respect to the Solar Assets.

  • For the avoidance of doubt, SRECs, SREC Proceeds (unless deposited into and not otherwise withdrawn from the Collection Account), any Host Customer Security Deposits on deposit in the Host Customer Deposit Account, Grid Services Net Revenue and Grid Services Customer Payment Amounts will not constitute part of the Trust Estate.

  • The Issuer may (i) distribute to the Depositor any Excess SRECs or the Transaction Manager, on behalf of the Issuer, may sell the Excess SRECs, and the Excess SREC Proceeds from such sales will constitute part of the Trust Estate and (ii) deliver Hedged SRECs to Hedged SREC Counterparties in accordance with the related Hedged SREC Agreements.

Related to SREC Proceeds

  • Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.