Tier I AEC definition

Tier I AEC means an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar photovoltaic Tier I requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Tier I (Solar) AEC – Shall mean an AEC generated by a solar photovoltaic energy source that will satisfy the Tier I solar photovoltaic requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Tier II AEC - Shall mean an AEC generated by a non-solar photovoltaic energy source that will satisfy the Tier II requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Total Exposure Amount – An amount calculated daily for the DS Supplier reflecting the total credit exposure to the Company and consisting of the sum of (i) the Buyer’s Exposure for all Transactions under this Agreement; (ii) any amount(s) designated as “buyer’s exposure” under any other DS Supply agreements providing for “DS Supply” or similar default service; provided that in the event the amount calculated for any day is a negative number, it shall be deemed to be zero for such day. Tranche – A fixed percentage share of the Company’s DS Load, as specified in a Transaction Confirmation. Transaction – Means a particular agreement by which the Company purchases and the DS Supplier sells DS Supply pursuant to this Agreement, the details of which are more fully set forth in a Transaction Confirmation in the form attached as Exhibit 1 in Appendix C. Transaction Confirmation – Shall have the meaning ascribed to it in Appendix C and Exhibit 1 of this Agreement. Transaction Date – Shall mean the date that a Transaction is effective as set forth in the Transaction Confirmation.
Tier I AEC means an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar photovoltaic Tier I requirements of the AEPS Act applicable to the Company (as specified in Appendix D and Exhibit 2). Tier I (Solar) AEC – Shall mean an AEC generated by a solar photovoltaic energy source that will satisfy the Tier I solar photovoltaic requirements of the AEPS Act applicable to the Company (as specified in Appendix D and Exhibit 2).
Tier I AEC means an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar Tier I requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Tier I (Solar) AEC – Shall mean an AEC generated by a solar photovoltaic energy source that will satisfy the Tier I solar photovoltaic requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Tier II AEC - Shall mean an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar Tier II requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Tranche – A fixed percentage share of the Company's DS Load, as specified in Appendix C. Transaction – Means a particular agreement by which the Company purchases and the DS Supplier sells DS Supply pursuant to this Agreement, the details of which are more fully set forth in Exhibit 1Transaction Confirmation. Transaction Confirmation – Shall have the meaning ascribed to it in Appendix C and Exhibit 1 of this Agreement.

Examples of Tier I AEC in a sentence

  • The Monthly Settlement Price is $ _____ per MWh Tier I AEC for the duration of the Delivery Period.

  • Termination Payment – A payment resulting from an Early Termination that is calculated in accordance with Section 5.4. Tier I AEC – Shall mean an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar photovoltaic Tier I requirements of the AEPS Act applicable to the Company (as specified in Appendix D and Exhibit 2).

  • Product: AECs for Tier 1 Delivery Period: __________________________________________ The Seller’s Specified Amount is _____ MWh Tier I AEC.


More Definitions of Tier I AEC

Tier I AEC means an AEC generated by a non-solar photovoltaic energy source that will satisfy the non-solar photovoltaic Tier I requirements of the AEPS Act applicable to the Company. (As specified in Appendix E)‌ Tier I (Solar) AEC – Shall mean an AEC generated by a solar photovoltaic energy source that will satisfy the Tier I solar photovoltaic requirements of the AEPS Act applicable to the Company. (As specified in Appendix E) Deleted: non-solar Tier II AEC - Shall mean an AEC generated by a non-solar photovoltaic energy source that will satisfy the Tier II requirements of the AEPS Act applicable to the Company. (As specified in Appendix E)‌

Related to Tier I AEC

  • Tier means a group of Channels for which a single periodic subscription fee is charged.

  • eligible Categories means Categories (1), (2) and (3) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;