Community Solar Anchor Payment definition

Community Solar Anchor Payment means, solely for purposes of determining the calculations under Section 4.2(d), with respect to a Delivery Year, the indicative payment associated with RECs for the portion of the Designated System Subscribed by the Anchor Tenant and shall be equal to the multiplicative product of (a) the Anchor Tenant Contract Price, (b) the lesser of (i) the multiplicative product of the Proposed Nameplate Capacity and the Proposed Capacity Factor and (ii) the multiplicative product of the Actual Nameplate Capacity and the Actual Capacity Factor, (c) 8,760 hours, (d) the result obtained by dividing the number of days in the Delivery Year contained in the Delivery Term by the number of days in such Delivery Year and (e) the percent of the Actual Nameplate Capacity that is being Subscribed by the Anchor Tenant as provided in the Community Solar First Year Report submitted pursuant to Section 6.2.
Community Solar Anchor Payment means, solely for purposes of determining the calculations under Section 6(e) of the Cover Sheet, with respect to a Delivery Year, the indicative payment associated with RECs for the portion of the Designated System subscribed by the Anchor Tenant and shall equal the multiplicative product of (a) the Anchor Tenant Contract Price, (b) the lesser of the Proposed Nameplate Capacity or the Actual Nameplate Capacity, (c) Capacity Factor, (d) 8,760 hours, (e) the result obtained by dividing the number of days in the Delivery Year contained in the Delivery Term by the number of days in such Delivery Year and (f) percent of the Actual Nameplate Capacity that is being subscribed by the Anchor Tenant as provided in the Community Solar First Year Report submitted pursuant to Section 10(b) of the Cover Sheet.” The following is added as Section 1.15.5:
Community Solar Anchor Payment means the payment associated with RECs for the portion of the Designated System subscribed by the Anchor Tenant and shall equal the multiplicative product of (a) the Anchor Tenant Contract Price, (b) the lesser of the Proposed Nameplate Capacity or the Actual Nameplate Capacity, (c) Capacity Factor, (d) 8,760 hours, (e) 15 years and (f) percent of the Actual Nameplate Capacity that is being subscribed by the Anchor Tenant, as may be adjusted pursuant to Section 5(f)(iii) of the Cover Sheet.” The following is added as Section 1.15.5:

More Definitions of Community Solar Anchor Payment

Community Solar Anchor Payment means, solely for purposes of determining the calculations under Section 6(e) of the Cover Sheet,4.2(d), with respect to a Delivery Year, the indicative payment associated with RECs for the portion of the Designated System subscribedSubscribed by the Anchor Tenant and shall be equal to the multiplicative product of (a) the Anchor Tenant Contract Price, (b) the lesser of (i) the multiplicative product of the Proposed Nameplate Capacity xxxxx the Proposed Capacity Factor and (ii) the multiplicative product of the Actual Nameplate Capacity and the Actual Capacity Factor, (c) Capacity Factor, (d) 8,760 hours, (ed) the result obtained by dividing the number of days in the Delivery Year contained in the Delivery Term by the number of days in such Delivery Year and (f)e) the percent of the Actual Nameplate Capacity that is being subscribedSubscribed by the Anchor Tenant as provided in the Community Solar First Year Report submitted pursuant to Section 10(b) of the Cover Sheet.6.2.
Community Solar Anchor Payment means, solely for purposes of determining the calculations under Section 4.2(d), with respect to a Delivery Year, the indicative payment associated with RECs for the portion of the Designated System Subscribed by the Anchor Tenant and shall equal the multiplicative product of (a) the Anchor Tenant Contract Price, (b) the lesser of (i) the multiplicative product of the Proposed Nameplate Capacity and the Proposed Capacity Factor and (ii) the multiplicative product of the Actual Nameplate Capacity and the Actual Capacity Factor, (c) 8,760 hours, (d) the result obtained by dividing the number of days in the Delivery Year contained in the Delivery Term by the number of days in such Delivery Year and (e) percent of the Actual Nameplate Capacity that is being Subscribed by the Anchor Tenant as provided in the Community Solar First Year Report submitted pursuant to Section 6.2 (or an addendum thereto pursuant to Section 2.6(d)).

Related to Community Solar Anchor Payment

  • Community setting means a location outside a hospital inpatient, acute care setting or a hospital clinic setting. A community setting may include, but is not limited to, a home, group home, assisted living facility, correctional facility, hospice, or long-term care facility.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Non-transient non-community water system means a public water system that is not a community water system and that regularly serves at least 25 of the same persons over 6 months per year.

  • Community support services means services authorized,

  • Trinity House means the Corporation of Trinity House of Deptford Strond;

  • Community Charter means the Community Charter, S.B.C. 2003, c. 26, as may be amended or replaced from time to time;

  • Community services means any type of counseling and advice, emergency assistance, medical care,

  • National Medical Support Notice or “NMSN” shall mean a notice that contains the following information:

  • Community Member means any member of the public.

  • Community mental health center or "CMHC" means a facility offering a comprehensive array of community-based mental health services, including but not limited to, inpatient treatment, outpatient treatment, partial hospitalization, emergency care, consultation and education; and, certain services at the option of the center, including, but not limited to, prescreening, rehabilitation services, pre-care and aftercare, training programs, and research and evaluation.

  • Statewide popular election means a general election in which

  • Nontransient noncommunity water system means a public water system that is not a community water system and that regularly serves at least the same 25 persons over 6 months per year.

  • Community location means a public or private elementary or secondary school, a church, a public library, a public playground, or a public park.

  • CREST means the system for the paperless settlement of trades and the holding of uncertificated securities operated by EUI in accordance with the Uncertificated Regulations, as amended from time to time.

  • Public utility holding company means: (1) any company that,

  • School District/Public Entity means the School District/Public Entity that executes the contract.

  • Community air carrier means an air carrier with a valid operating licence granted by a Member State in accordance with Council Regulation (EEC) No 2407/92 of 23 July 1992 of licensing of air carriers(7) ;

  • Community restitution means compulsory service, without

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • Graduate medical education and disproportionate share fund or “GME/DSH fund” means a reimbursement fund developed as an adjunct reimbursement methodology to directly reimburse qualifying hospitals for the direct and indirect costs associated with the operation of graduate medical education programs and the costs associated with the treatment of a disproportionate share of poor, indigent, nonreimbursed or nominally reimbursed patients for inpatient services.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Community rehabilitation program means a program that provides directly or facilitates the provision of one or more of the following vocational rehabilitation services to individuals with disabilities to enable those individuals to maximize their opportunities for employment, including career advancement:

  • Community water system means a public water system which serves at least 15 service connections used by year-round residents or regularly serves at least 25 year-round residents.

  • Community facility means community room, clubhouse, recreation center or similar area for use by residents. Lobbies and laundry facilities must not be considered within the scope of this definition.