Carbon Offset Sample Clauses

A Carbon Offset clause establishes the parties' obligations regarding the reduction or compensation of carbon emissions associated with their activities under the agreement. Typically, it requires one or both parties to purchase verified carbon credits or invest in approved environmental projects to offset emissions generated by the contract's performance. This clause ensures that the environmental impact of the agreement is mitigated, supporting sustainability goals and helping parties comply with regulatory or corporate social responsibility commitments.
POPULAR SAMPLE Copied 1 times
Carbon Offset. On a quarterly basis, Constellation will acquire and retire Carbon Offsets (as defined below) for each month that the Customer pays its Monthly Membership Fee in an amount that will offset the greenhouse gas emissions associated with the energy use of an average sized house (2,500 sq ft) in ▇▇▇▇▇▇▇▇▇▇ County Maryland. The estimated amount of Carbon Offsets retired for your residence will be approximately 3 metric tons Carbon Dioxide equivalent (“CO2e”) each quarter. For purposes of this Agreement, the term “Carbon Offsets” means a verified reduction in greenhouse gas emissions equivalent to one metric ton understands and agrees that the Carbon Offsets are being purchased for voluntary purposes and not to meet any compliance standard or regulatory requirements. Customer authorizes Constellation to retire such Carbon Offsets on Customer’s behalf and to provide any data or other information related to such Carbon Offset to the applicable Carbon Offset registry. The retirement of Carbon Offsets is permanent and such retired Carbon Offsets can never be reused or resold.
View Source
Carbon Offset. On a quarterly basis, Constellation will acquire and retire Carbon Offsets (as defined below) for each month that the Customer pays its Monthly Membership Fee in an amount that will offset the greenhouse gas emissions associated with the energy use of an average sized house (2,500 sq ft) in ▇▇▇▇▇▇▇▇▇▇ County Maryland. The estimated amount of Carbon Offsets retired for your residence will be approximately 3 metric tons Carbon Dioxide equivalent (“CO2e”) each quarter. For purposes of this Agreement, the term “Carbon Offsets” means a verified reduction in greenhouse gas emissions equivalent to one metric ton of CO2e. Carbon Offsets do not include any tax credits, depreciation allowances or third-party subsidies of any kind. Customer understands and agrees that the Carbon Offsets are being purchased for voluntary purposes and not to meet any compliance standard or regulatory requirements. Customer authorizes Constellation to retire such Carbon Offsets on Customer’s behalf and to provide any data or other information related to such Carbon Offset to the applicable Carbon Offset registry. The retirement of Carbon Offsets is permanent and such retired Carbon Offsets can never be reused or resold.
View Source

Related to Carbon Offset

  • No Setoff or Deductions; Taxes; Payments The Guarantor represents and warrants that it is organized and resident in the United States of America. The Guarantor shall make all payments hereunder without setoff or counterclaim and free and clear of and without deduction for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, compulsory loans, restrictions or conditions of any nature now or hereafter imposed or levied by any jurisdiction or any political subdivision thereof or taxing or other authority therein unless the Guarantor is compelled by law to make such deduction or withholding (and provided that nothing contained herein, including without limitation, the foregoing, shall limit or affect the Guarantor’s ability to bring any separate action or claim available to it at law or in equity). If any such obligation (other than one arising with respect to taxes based on or measured by the income or profits of the respective Secured Parties) is imposed upon the Guarantor with respect to any amount payable by it hereunder, the Guarantor will pay to the Agent (for the benefit of the Secured Parties), on the date on which such amount is due and payable hereunder, such additional amount in U.S. dollars as shall be necessary to enable the Agent (on behalf of the Secured Parties) to receive the same net amount which the Agent would have received on such due date had no such obligation been imposed upon the Guarantor. The Guarantor will deliver promptly to the Agent (for the benefit of the Secured Parties) certificates or other valid vouchers for all taxes or other charges deducted from or paid with respect to payments made by the Guarantor hereunder. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Obligations and termination of this Guaranty.

  • Altona Area Allowance As of 1 March 2024 an Employee within a 8 km radius from the intersection of Kororoit Creek Road and Millers Road, Altona shall, when employed on chemical or petrochemical plants or on commercial or industrial construction jobs within 1 km of the nearest part of the perimeter of such plants or within the perimeter of storage tank farms, be paid an all- purpose allowance of $1.55 per hour extra. This allowance will be adjusted annually in accordance with CPI (All Groups, Melbourne) movements measured in the twelve month period ending the previous December quarter effective as of 1 March 2025 rounded to the nearest 5 cents.

  • When Can I Make Contributions You may make annual contributions to your ▇▇▇▇ ▇▇▇ any time up to and including the due date for filing your tax return for the year, not including extensions. You may continue to make regular contributions to your ▇▇▇▇ ▇▇▇ even after you attain RMD age. In addition, rollover contributions and transfers (to the extent permitted as discussed below) may be made at any time, regardless of your age.

  • No Additional Fees/Payment Other than the consideration specifically referenced herein, the parties hereto agree that no fee, payment or additional consideration in any form has been or will be paid to the Holder in connection with this Agreement.

  • Vacation Cash Out In each calendar year, an employee may make a one-time request to cash out and receive payment for up to forty (40) hours of vacation. In order to be eligible to cash out vacation hours, the employee must be a regular status employee and have a remaining vacation balance of sixty (60) hours or more. Vacation leave that has been pre-approved will be considered when the request is made in order to determine if they will maintain the minimum vacation balance requirement.