Embedded Benefits definition

Embedded Benefits means any benefit that accrues to the Generator and/or to the Offtaker as a result (whether wholly or partly) of the Facility being connected to the Distribution System and not the Transmission System, excluding Negative GDUoS Charges;
Embedded Benefits means the benefits attributable to the Installation by virtue of the siting of the Delivery Point including, where relevant,
Embedded Benefits means benefits available by virtue of a generating unit being connected to a distribution network, including rebates, payments and avoided costs and any instruments associated with such benefits;

Examples of Embedded Benefits in a sentence

  • Nothing in this Agreement shall oblige either Party to transfer, accept or make any payments in respect of Embedded Benefits or GDUoS Charges to the extent that any accrue or are payable and such Embedded Benefits and GDUoS Charges shall remain with the Party to which they accrue or are charged under any Applicable Law.

  • This is provided that nothing in this Clause 13.2 shall limit the ability of the Authority to recover any: Customer Commission due to it; or any payments in respect of Relevant Electrical Output, Excess Electrical Output, ROCs, LECs, REGOs, New Benefits, Embedded Benefits or any other sums specified in a Monthly Supplier PPA Invoice.

Related to Embedded Benefits

  • Extended benefits means benefits (including benefits payable to Federal civilian employees and to ex‑servicemen pursuant to 5 U.S.C. Chapter 85) payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any cash bonus or cash incentive compensation plan applicable to the Executive, but subject to any irrevocable deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any cash bonus or cash incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(e) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs to the extent necessary for compliance with the requirements of Code Section 409A(a)(2)(B) relating to specified employees or, to the extent not so required, within ninety (90) days of the Executive’s Separation from Service.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Excepted benefits means benefits under one or more (or any combination thereof) of the following: