Amended PPA definition

Amended PPA means the Concluded PPA, as amended or supplemented, mutually between the Provisional Successful Bidder and the relevant procurer to pass on the discount to the latter, and as approved by the appropriate regulatory commission as per the provisions of the Concluded PPA or Applicable Law, pursuant to and in accordance with this Scheme Document and the Policy.

Amended PPA means the Amended and Restated Renewable Energy Power Purchase Agreement between NCPA and Western GeoPower, Inc., dated as of , attached hereto as Exhibit A.

Amended PPA shall have the meaning set forth in Section 2.2.

Examples of Amended PPA in a sentence

• Site Owner hereby grants to PSNH, and its successors and assigns, for the fixed period co-extensive with the fixed period of the twenty (20) “Operating Years” from the “In-Service Date” (as defined under the Amended PPA), an exclusive, irrevocable option (the “Option”) to purchase the Facility and the Facility Site (together, the “Facility Assets”) within the Option Exercise Period hereafter stated and subject to the purchase conditions and terms hereafter stated.

• In order to exercise the Option, PSNH shall provide a written notice to the Site Owner (or any successor thereof of record) within the Option Exercise Period, which notice shall include a statement of the value of the Cumulative Reduction (as defined in the Amended PPA) existing as of the date of expiration or termination of the Amended PPA.

• The price under the Amended PPA is above the applicable 2011 MPR.

• The Project and associated Amended PPA is not a form of covered procurement subject to the EPS because the generating facility has a forecast annualized capacity factor of less than 60 percent and therefore does not constitute baseload generation as defined by statute and the Adopted Interim EPS Rules.

• The Amended PPA is not eligible for AMFs because it resulted from bilateral negotiations.

• The Amended PPA is for the purchase of bundled RPS-eligible energy and therefore does not include the purchase of unbundled renewable energy credits.

• Highlighting of the modifiable and non- modifiable terms in the Amended PPA is provided in Confidential Appendix E.

• The Amended PPA includes certain performance criteria and milestones based on PG&E’s filed form of RPS PPA.

• The Amended PPA is an amendment to long-term contract and thus counts toward PG&E’s contracting obligation under D.00-00-000.

• E-4275 by changing terms and wording to: • Specify that only Green Attributes associated with generation delivered to PG&E are conveyed under the Amended PPA; • Not convey Green Attributes associated with energy used for station or sawmill purposes to PG&E; and • Allow PG&E to monitor total RECs produced to ensure the plant meets its guarantees under the contract.