Vintage definition

Vintage means the calendar year, Reporting Year, or other calendar period specified by the Parties or the Certification Authority, as applicable, in which the Product is created or first valid for use under an Applicable Program.

Vintage means, with respect to each REC, the month in a particular year in which the applicable electricity generation occurred.

Examples of Vintage in a sentence

The Delivery Year Requirement for Delivery Year 0 is not applicable if the Earliest Vintage Month is June.
The IPA shall endeavor on a commercially reasonable basis to issue to Buyer and Seller a revised Price Calculation Notice for such Vintage Month within thirty (30) days of receipt of Seller’s corrected data.
Notwithstanding the foregoing, if the Price Calculation Notice is issued by the IPA later than the twentieth (20th) day of the month following the Vintage month, then the Invoice Due Date pursuant to Section 5.1 and the payment due date pursuant to Section 5.2 shall also be extended on a day-by-day basis for each day that the Price Calculation Notice is late.
If Seller uncovers errors related to the hourly MWh generation data for a Vintage Month provided by Seller that exceeds 5% of the aggregate generation data for the Vintage Month, Seller shall notify and submit corrected data to Buyer and the IPA within three (3) months of the original deadline for data submission for such Vintage Month for recalculation of the REC Monthly Price by the IPA.
The Parties acknowledge that the Agreement allows for the Delivery of RECs from an Acceptable Vintage Period of a maximum total period of 241 months (excluding any Suspension Periods or suspension periods during which the Parties’ obligations are suspended as provided herein).

Vintage means the acceptable period for which the renewable energy supporting the REC is generated as set forth in the Confirmation pursuant to this Agreement.

Vintage means the calendar year, quarter, or other specified period of time in which the energy associated with the REC was generated.

Vintage means the calendar year in which the Product is created, generated, or produced for use under the California Renewables Portfolio Standard.

Vintage means each full calendar month during which Receivables have been originated by a Seller.

Vintage means the calendar year and month during the Delivery Period in which the WREGIS Certificate is created through the generation of the Product.

Vintage means the year in which the mitigation took place.

Vintage means Vintage Capital Management, LLC.