Incentive Payment definition

Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

Incentive Payment means payment made by a utility to an energy efficiency service provider under an energy-efficiency program.

Incentive Payment means an adjustment to allowed revenues, whether allowed demand revenue or allowed network generation revenue, representing the penalty or reward in respect of the licensee’s performance against the incentive schemes.

Examples of Incentive Payment in a sentence

• The obligation of the BEDC to pay the Incentive Payment shall be conditioned upon Developer’s continued compliance with and satisfaction of each of the performance obligations set forth below in this Agreement.

• BEDC shall pay the Developer the Phase 1 Incentive Payment within thirty (30) days following the BEDC’s receipt, from the Developer, of a copy of a Certificate of Occupancy(s) issued for the Phase 1 Structures and Xxxxxxxxx’s written, notarized verification, and evidence of, the Capital Investment prior to January 1st, 2028.

• BEDC shall pay the Developer the Phase 2 Incentive Payment within thirty (30) days following the BEDC’s receipt, from the Developer, of a copy of a Certificate of Occupancy(s) issued for the Phase 2 Structures and Developer’s written, notarized verification, and evidence of, the Capital Investment prior to January 1st, 2030.

• Developer shall pay the Developer Infrastructure Costs as described in Article III as a reduction in the Incentive Payment to be made by the BEDC to Developer.

More Definitions of Incentive Payment

Incentive Payment means the payments made pursuant to Section VII.E.

Incentive Payment means the amount payable by National Grid NTS the User and such amounts will be determined in accordance with the GRE Invoice Query Incentive Table contained within the GRE Invoice Query Incentive Scheme Methodology.

Incentive Payment means the payments made pursuant to subsection VII.E.

Incentive Payment means the payment made by TNMP to Project Sponsor for Scheduled and Unscheduled Curtailment Demand Savings, as calculated pursuant to the Compensation Schedule.

Incentive Payment means payment made by a utility to a Project Sponsor under an SOP.

Incentive Payment means, with respect to each Participant, the amount he or she may receive for the applicable Performance Period as established by the Committee pursuant to the provisions of the Plan.

Incentive Payment means payment made by EPE to a Project Sponsor under the Program.