Designated System definition

Designated System means an electric generation unit that produces electric energy using a Renewable Energy Source that is selected by the IPA through the ABP and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this Agreement shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.
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Designated System means the computer hardware and operating system designated on the relevant Order Form.
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Designated System means a Renewable Energy Facility that is selected by the IPA through the SFA and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this REC Contract shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.” The following is added as Section 1.22.8:
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Examples of Designated System in a sentence

  • Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems.

  • This section applies to each Designated System that is a Distributed Renewable Energy Generation Device for which Energy Sovereignty is applicable as indicated in Schedule A (and Schedule B, if applicable) to the Product Order.

  • In the event that Seller has posted Seller’s Performance Assurance in the form of a Letter of Credit, Seller may request for Buyer to withhold a portion of the REC payment of a Designated System as Seller’s Performance Assurance in exchange for a Letter of Credit amount reduction.

  • The Non-Defaulting Party will calculate a Settlement Amount with respect to each Designated System and a Termination Payment with respect to this Agreement pursuant to Section 10.4 as of the Early Termination Date, and provide such calculation to the Defaulting Party by the Early Termination Date.

  • For avoidance of doubt, this section does not apply to a Designated System that is a Community Renewable Energy Generation Project.


More Definitions of Designated System

Designated System shall have the meaning set forth in Section 3.5(e).
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Designated System means the computer hardware and operating system designated on the relevant Order.
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Designated System means an electric generation unit that produces electric energy using a Renewable Energy Source that is selected by the IPA through the SFA and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this Agreement shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.
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Designated System means a single physical system or single virtual instance as may be specified in any Quotation and/or Statement of Work or as may be agreed between the parties;
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Designated System means a computer system under the physical and managerial control of the Licensee consisting of two or more processors locally interconnected by inter-processor bus cabling.
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Designated System means the network or application identified in the applicable Order Form for which the Software may be used to facilitate access.
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Designated System means a Customer System on which is installed the listed processor version of the referenced Product or a Combination (as defined in Additional Provision 684), to which one or more Update Subscriptions are designated.
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