Utility financing definition

Utility financing means grants, loans, and resource acquisition payments provided by utilities for energy conser- vation.
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Examples of Utility financing in a sentence

  • Utility financing of conservation program costs through general obligation or utility system debt obligations: amortizing conservation program costs can reduce program costs’ impact on rates.

  • Utility financing is similar, but administered through utility companies instead of municipal government and uses the monthly utility bill as a way to collect loan repayments.

  • Utility financing and the reform process The nexus between access to finance and institutional reform provides an opportunity for innovation around both.

  • Utility financing comes in two primary forms: on-bill financing, where customers repay the principal and interest on their electricity bill (or on a separate bill); and metre-attached financing, where the loan is tied to the metre/property.

  • Utility financing involves only a single entity going to the capital markets for specific financing needs.

  • Utility financing is typically more expensive because a utility’s debt costs are typically higher than that available to a government entity.

  • Utility financing debt also includes $285 million of accrued contractual interest to the Petition Date.

  • Utility financing programs and perhaps other forms of financing may be integrated in the incentive offer.

  • Additional Documents The ESP shall execute and deliver all documents and instruments (including, without limitation, security agreements and Utility financing statements) reasonably required from time to time to implement the provisions set forth above and to perfect any security interest granted to Utility.

  • Although I do not have hard figures, this pattern has clearly been changing in the twenty- first century.

Related to Utility financing

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Project financing gap means the part of the total project cost,

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Refinancing shall have correlative meanings.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Debt Financing has the meaning set forth in Section 5.7.

  • New Financing has the meaning specified in Section 2.04(a).

  • Qualified Financing is a transaction or series of transactions pursuant to which the Company issues and sells shares of its capital stock for aggregate gross proceeds of at least $5,000,000 (excluding all proceeds from the incurrence of indebtedness that is converted into such capital stock, or otherwise cancelled in consideration for the issuance of such capital stock) with the principal purpose of raising capital.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Exit Financing means the financing under the Exit Facility.

  • Net Financing Proceeds means the cash proceeds received by the Partnership in connection with any borrowing or refinancing of borrowing by or on behalf of the Partnership or by or on behalf of any Property Partnership (whether or not secured), after deduction of all costs and expenses incurred by the Partnership or the Property Partnership in connection with such borrowing, and after deduction of that portion of such proceeds used to repay any other indebtedness of the Partnership or Property Partnerships, or any interest or premium thereon.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Refinancing Date The date on which a Current Mortgage Loan or Mortgage Loan is refinanced by Seller or an affiliate thereof.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.