Avoided Conversion Project definition

Avoided Conversion Project means a type of forest project consisting of specific actions that prevent the conversion of privately owned forestland to a non-forest land use by dedicating the land to continuous forest cover through a conservation easement or transfer to public ownership.

Examples of Avoided Conversion Project in a sentence

  • An Avoided Conversion Project may involve tree planting and harvesting as part of the project activity.

  • An Avoided Conversion Project is only eligible if it can fully satisfy the eligibility rules in the Regulation and:1.

  • For a Reforestation or Avoided Conversion Project, a quantity of CO2 Allowances equal to the total number of CO2 Offset Allowances Awarded to the project over the preceding 100 years must be retired.

  • An Avoided Conversion Project may involve tree planting and harvesting as part of the project activity.Avoided Conversion Projects are eligible only on lands that are privately owned prior to offset project commencement.

  • Policy equilibria and stationary policies will be defined and a sketch of the Federgruen existence proof will be presented in Section 2.

  • For a Reforestation or Avoided Conversion Project, a quantity of Compliance Instruments equal to the total number of ARB Offset Credits issued, and where applicable, all Early Action Offset Credits issued pursuant to section 95990(i) of the Regulation, to the project over the preceding 100 years must be retired.

  • An Avoided Conversion Project involves preventing the conversion of forestland to a non-forest land use by dedicating the land to continuous forest cover through a conservation easement or transfer to public ownership.

  • An Avoided Conversion Project may involve tree planting, harvesting, and other silvicultural activities as part of the project activity.

  • Avoided Conversion Project activities cannot be legally required (as defined in 3.1 above) at the time of offset project commencement.

  • Avoided Conversion ProjectsAn Avoided Conversion Project satisfies the Performance Test if a real estate appraisal for the Project Area (as defined in Section ) is submitted indicating the following: The Project Area is suitable for conversion.

Related to Avoided Conversion Project

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Conversion condominium means a condominium containing structures which before the recording of the declaration, were wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of such purchasers.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Applicable Conversion Price means the Conversion Price in effect at any given time.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Major conversion means a conversion of an existing ship:

  • Conversion building means a building that at any time before creation of the common interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.