Term of PPA definition

Term of PPA means the period from the Execution Date until the Expiry Date;
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Term of PPA shall have the meaning ascribed thereto in ARTICLE 2: of this PPA;
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Term of PPA means the duration of 25 (twenty-five) years from the date of COD of the last commissioned rooftop solar system
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Examples of Term of PPA in a sentence

  • Not later than the twentieth (20th) anniversary of the Commercial Operations Date and unless this Agreement has been terminated prior to such date, at the request of either Party, the [Name of the Company] and the Waste Supplier agree to enter into good faith negotiations for a renewal of this Agreement on terms and conditions mutually agreed by the Parties subject to extension of the Term of PPA, IA and LLA.

  • The Seller shall effect and maintain or cause to be effected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co-insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.

  • Procurer agrees to purchase one hundred percent (100%) of the solar energy generated by the Project and made available by the Power Producer to Procurer at the Delivery Point(s) during each relevant month of the Term of PPA.

  • Xxxxxxxx agrees to purchase one hundred percent (100%) of the solar energy generated by the Project and made available by the Power Producer to Procurer at the Delivery Point(s) during each relevant month of the Term of PPA.

  • The SPG shall effect and maintain or cause to be affected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co- insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.

  • This Agreement shall come into effect when signed by the Rural System Operator and the Distribution Licensee and shall remain valid through Term of PPA unless terminated by either party with thirty (30) day’s advance written notice to the other due to Event of Default as outlined under Clause 8 of PPA.

  • The SPG shall effect and maintain or cause to be affected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co-insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.

  • The Power Producer shall maintain at its own costs, throughout the Term of PPA and any extensions thereof all mandatory insurance coverage for adequate amount including but not restricted to, theft, damages, comprehensive general liability insurance covering the Project and accidental losses, bodily harm, injury, death of all individuals employed/assigned by the Power Producer to perform the services required under this PPA.

  • Procurer, in coordination with Power Producer, shall ensure that all arrangements and infrastructure for transmission or/ and distribution solar power beyond the Delivery Point(s) are ready on or prior to the COD and is maintained in such state in accordance with applicable laws through the Term of PPA.

  • The Power Producer shall have access to Premises, as reasonably permitted by the Procurer, to perform the works related to Commissioning and O&M during the Term of PPA at the Premises in a manner that minimizes inconvenience to and interference with the use of the Premises to the extent commercially practical for the purpose of the Project.


More Definitions of Term of PPA

Term of PPA means the period from the Effective Date until the Expiry
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Related to Term of PPA

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Base Term means, with respect to any Leased Property, (a) the period commencing on the related Closing Date and ending on January 12, 2010 or (b) such shorter period as may result from earlier termination of the Lease as provided therein.

  • Term of the Agreement shall have the same meaning as provided for in Article 7 of this Agreement.

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Initial Term has the meaning set forth in Section 7.1.

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Form of Agreement means the form of agreement contained in Part D of the RFP;

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • (2) STATE.—The term State’ means each of the 50 States, the District of Columbia, and the Commonwealth of Puerto Rico.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Commencement Date means the date of this Agreement;

  • (1) IN GENERAL.—The term qualified trade or business’ means any trade or business other than—

  • Extension Term means the time period defined in §2.C.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • (i) IN GENERAL.—The term corporate bond yield curve’ means, with respect to any month, a yield curve which is prescribed by the Secretary of the Treasury for such month and which reflects the average, for the 24-month period ending with the month preceding such month, of monthly yields on investment grade corporate bonds with varying maturities and that are in the top 3 quality levels available.