FIT. The Company has secured a procurement price of 36 Japanese yen per kwh (exclusive of consumption tax) and there is no reason that the Company will be rendered unable to receive such full benefit for the 20 year period after the Commercial Operation Date.
FIT. The suitability or readiness of a product for a particular application, including environmental extremes, marginal parameters, physical and signal compatibility with interfacing systems and surroundings, level of performance, safety margins, reliability, maintainability, and install ability.
FIT. (a) The procurement period and feed-in-tariff of each Project under the FIT Act is as set forth in the relevant Part of Schedule 1 (Projects). There are no grounds or, to the Knowledge of the Seller, reasonable expectation of any grounds, for modification or cancellation of such procurement period or feed-in-tariff. Without limiting the generality of the foregoing, with respect to the Yatsubo Project and Orido Project only, to the Knowledge of the Seller, there are no grounds or reasonable expectation of any grounds for the relevant utility to require the relevant Transferring Company to resubmit an application for the grid connection for the relevant Project.
FIT. Feed-in-Tariff. Feed in Tariff The Feed in Tariff is an environmental programme aimed at promoting the widespread uptake of a range of small- scale low carbon electricity generation technologies. The FIT scheme requires certain Licensed Electricity Suppliers to to pay fixed tariffs to micro and small renewable and micro CHP generators for electricity generated and exported to the local electricity network.
FIT. For separate accounts, both those associated with general account accumulation products and SIA stand alone contracts, profit margins earned by TNE net of investment advisory fees and expenses replaced the interest margin above. A pre-tax net gain factor for each historical calendar year was calculated for each general account product (or separate account fund). The appropriate pre-tax net gain factor for each historical calendar year was then applied to the appropriate average general account or separate account fund balance for each contract. The pre-tax net gains were then accumulated with interest as described in Section II, and taxed accordingly at historical marginal tax rates to determine the historical AC as of the Statement Date. The total general account historical AC for a given contract was the sum of the general account accumulation historical AC and the participating payout annuity historical AC (See Section VIII.E.). The total separate account historical AC for a given contract was calculated as the sum of historical AC generated from each separate account fund. The total historical AC for a given contract was calculated as the sum of the general account historical AC and the total separate account AC.
FIT. Each of the Shareholders and CFP agrees to indemnify and hold the Company harmless from any claims related to or resulting from a dispute between or among the Shareholders and CFP as to the allocation of the Settlement Amount between themselves.
FIT. The Landlord further reserves the right to vary, modify or relocate any part or parts of the Common Areas resulting from the construction of any buildings or works or otherwise.
FIT. Any sale under this Clause shall be valid and effective notwithstanding that the Holder holding the Units sold is dead, bankrupt or otherwise under any legal disability or incapacity.