CCS Transaction definition

CCS Transaction refers to an agreement with a JV Partner who will capture CO2 from the CO2 scrubbers at the Ethanol Plant, and clean, dehydrate and compress the CO2 to be utilized in a United States Environmental Protection Agency and California Air Resources Board-approved enhanced oil recovery and sequestration project.
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CCS Transaction means any insurance transaction entered into by the Agent on behalf of a Syndicate, payment in respect of which is to be processed through the Lloyd’s Central Accounting System and which payment is denominated in a CCS Currency;
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CCS Transaction means any cross-currency swap transaction entered into between the Issuer and the Swap Counterparty (and forming part of the Swap Agreement) in relation to any asset denominated in a currency other than USD.
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Examples of CCS Transaction in a sentence

  • If, upon the occurrence of a Change of Control, (i) if the Maker has not entered into a CCS Transaction, Maker shall pay, or cause to be paid, an amount equal to 27.5% of the Net Gain (as defined below) on the Change of Control (“Change of Control Payment”), up to $12 million, and (ii) if the Maker has entered into a CCS Transaction, Maker shall pay, or cause to be paid, the Change of Control Payment, less the aggregate payments received by Payee pursuant to Section 2, up to $20 million.

  • CCS Payments shall commence following (i) the execution and delivery of an agreement between Maker and the JV Partner with respect to the CCS Transaction, and (ii) the start-up of commercial CCS operations at the Ethanol Plant following construction of carbon capture equipment thereat (the “Commencement Date”); upon the occurrence of (i) and (ii), the CCS Payments shall continue for 40 quarters thereafter, subject to extension pursuant to Section 2(d).

  • If Trinity or its designee receives a CCS Transaction Fee, and thereafter the Trinity Parties and the CCS Parties consummate a CCS/Trinity Transaction on or before December 31, 2008, the Trinity Parties will pay or cause to be paid to Newpark or its designee an amount that is equal to the CCS Transaction Fee actually received by Trinity or its designee hereunder.

  • Trinity agrees to use commercially reasonable efforts to include in any definitive agreement for the CCS/Trinity Transaction an undertaking by CCS to pay directly to Newpark from the consideration payable in the CCS/Trinity Transaction an amount equal to the CCS Transaction Fee if the CCS/Trinity Transaction is consummated on or before December 31, 2008.

  • The historical Consolidated Statements of Operations for the twenty-six weeks ended August 2, 2008 and the three fiscal years ended February 2, 2008 have been adjusted to reverse the Company’s allocation of shared services to the CCS business and to charge certain administrative and distribution expenses that were attributable to the CCS business, as well as professional and legal fees incurred related to the CCS Transaction.

  • The historical Consolidated Balance Sheet as of August 2, 2008 has been adjusted to give pro forma effect to the CCS Transaction.

  • No term of this Agreement is intended to, nor shall alter in any respect the obligations of the Agent to make payments under any CCS Transaction.

Related to CCS Transaction

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • NIMS Transaction As defined in the tenth Recital to this Agreement.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include: