{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "province-of-ontario", "type": "clause", "offset": [41, 60]}, {"key": "renewable-energy", "type": "definition", "offset": [63, 79]}, {"key": "fit-program", "type": "definition", "offset": [80, 91]}], "snippet": "means a contract with the IESO under the Province of Ontario\u2019s renewable energy FIT Program. \u201cFIT Program\u201d means the Province of Ontario\u2019s Feed-In Tariff Program.", "samples": [{"hash": "28wKYgXh294", "uri": "https://capstoneinfrastructure.com/Capstone/Assets/Documents/FinancialReports/Regulatory%20Filings/AnnualInformationForms/Annual%20Information%20Form%20-%20March%2024,%202020.pdf", "label": "capstoneinfrastructure.com", "score": 15.1626943062, "published": false}, {"hash": "8Dv8QLlAjJK", "uri": "https://capstoneinfrastructure.com/Capstone/Assets/Documents/FinancialReports/Regulatory%20Filings/AnnualInformationForms/CSE%20AIF%202017%20-%20FINAL%20with%20appendices%20v2%20(Mar%2028).pdf", "label": "capstoneinfrastructure.com", "score": 13.1871225563, "published": false}, {"hash": "7NdOPdHtsfn", "uri": "https://www.capstoneinfrastructure.com/Capstone/Assets/Documents/FinancialReports/Regulatory%20Filings/AnnualInformationForms/Capstone%20-%20Final%20AIF.PDF", "label": "www.capstoneinfrastructure.com", "score": 10.3442847365, "published": false}], "size": 5, "hash": "fcb71c036d78cfb05c866bf085aa605b", "id": 1}, {"snippet_links": [{"key": "offered-by", "type": "definition", "offset": [19, 29]}, {"key": "purchase-of-power", "type": "clause", "offset": [47, 64]}, {"key": "grid-connectivity", "type": "clause", "offset": [69, 86]}, {"key": "generation-project", "type": "definition", "offset": [119, 137]}], "snippet": "means the contract offered by the IESO for the purchase of power and grid connectivity of a particular renewable power generation Project, and \u201cFIT Contracts\u201d means more than one of them;", "samples": [{"hash": "lBzChqPSp90", "uri": "https://www.orec.ca/wp-content/uploads/2021/06/2021-OREC-8th-Offering-Statement.pdf", "label": "www.orec.ca", "score": 10.6892539357, "published": false}, {"hash": "f6d8ZOIDVpB", "uri": "https://www.orec.ca/wp-content/uploads/2021/05/2021-OREC-8th-Offering-Statement.pdf", "label": "www.orec.ca", "score": 10.6892539357, "published": false}, {"hash": "dDaRrwZMAUa", "uri": "https://www.orec.ca/wp-content/uploads/2023/01/OREC-9th-Offering-Statement-29-Aug-revised-final-receipted.pdf", "label": "www.orec.ca", "score": 8.5242984257, "published": false}], "size": 4, "hash": "98846048defe7bb441347bbc9158044b", "id": 2}, {"snippet_links": [{"key": "fit-program", "type": "definition", "offset": [44, 55]}], "snippet": "means any contract under any version of the FIT Program.", "samples": [{"hash": "IoBEku7mTV", "uri": "/contracts/IoBEku7mTV#fit-contract", "label": "Funding Agreement", "score": 22.7604380561, "published": true}, {"hash": "3vY5rToREUY", "uri": "/contracts/3vY5rToREUY#fit-contract", "label": "Funding Agreement", "score": 22.7604380561, "published": true}], "size": 4, "hash": "0e7a77e83da3d12d4c357c1f54feed73", "id": 3}, {"snippet_links": [{"key": "agreement-no", "type": "clause", "offset": [10, 22]}, {"key": "entered-into", "type": "clause", "offset": [61, 73]}, {"key": "fit-program", "type": "definition", "offset": [129, 140]}, {"key": "with-respect-to", "type": "clause", "offset": [141, 156]}, {"key": "roof-area", "type": "clause", "offset": [161, 170]}, {"key": "the-project", "type": "definition", "offset": [175, 186]}, {"key": "agreement-may-be-amended", "type": "clause", "offset": [196, 220]}, {"key": "from-time-to-time", "type": "clause", "offset": [281, 298]}], "snippet": "means the agreement no. F\u2013003012\u2013SPV\u2013508 dated July 23, 2013 entered into between 1809765 Ontario Limited, and the OPA under the FIT Program with respect to the Roof Area and the Project, as such agreement may be amended, restated, replaced, renewed, assigned or otherwise amended from time to time.", "samples": [{"hash": "fs4fb32hJsl", "uri": "https://products.thomsonreuters.ca/lawreportedigest/pdfs/5rpr6th183.pdf", "label": "products.thomsonreuters.ca", "score": 7.9295003422, "published": false}], "size": 1, "hash": "afccacaee7e4517a9281c227d023dac0", "id": 4}, {"snippet_links": [{"key": "power-purchase-agreement", "type": "definition", "offset": [8, 32]}, {"key": "entered-into", "type": "clause", "offset": [33, 45]}, {"key": "a-supplier", "type": "definition", "offset": [54, 64]}, {"key": "renewable-power", "type": "clause", "offset": [68, 83]}, {"key": "fit-program", "type": "definition", "offset": [107, 118]}], "snippet": "means a power purchase agreement entered into between a supplier of 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Terms and Conditions, Version 1.3.0, which is publicly accessible on the OPA\u2019s website.", "samples": [{"hash": "36fZULMIZfT", "uri": "http://www.rds.oeb.ca/HPECMWebDrawer/Record/427482/File/document", "label": "www.rds.oeb.ca", "score": 7.0793976728, "published": false}], "size": 1, "hash": "cf79e655ab42e4eb72a2441db886ccfd", "id": 6}, {"snippet_links": [], "snippet": "means any contract under any version of the IESO\u2019s Feed-In Tariff Program.", "samples": [{"hash": "2dveorQtISQ", "uri": "/contracts/2dveorQtISQ#fit-contract", "label": "Funding Agreement", "score": 27.447069527, "published": true}], "size": 1, "hash": "fb3214cfbf0cd7fa4024d67511a42fe5", "id": 7}, {"snippet_links": [{"key": "feed-in-tariff", "type": "clause", "offset": [10, 24]}, {"key": "the-vendor-and-the", "type": "clause", "offset": [94, 112]}, {"key": "with-respect-to", "type": "clause", "offset": [117, 132]}, {"key": "the-project", "type": "definition", "offset": [133, 144]}, {"key": "the-contract", 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11.197121632, "published": false}], "size": 1, "hash": "4c2fc1a0273abcb016c2e95225a1605f", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIVZml0LWNvbnRyYWN0IzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "FIT Contract", "snippet": "means a contract with the IESO under the Province of Ontario\u2019s renewable energy FIT Program. \u201cFIT Program\u201d means the Province of Ontario\u2019s Feed-In Tariff Program.", "size": 21, "id": "fit-contract", "examples": ["The IESO will be entitled to set-off any monies owed to it by the Recipient or to which the IESO may be entitled pursuant to any other agreement with the Recipient, including any <strong>FIT Contract</strong> or LRP Contract, against any obligations that the IESO may have to the Recipient under the Funding Agreement or any other agreement.", "The OPA may deduct or set-off an amount equal to such costs from or against amounts payable by the OPA to the Supplier, the Assignee, or to any Affiliate of the Supplier or Assignee at any time and from time to time under any <strong>FIT Contract</strong> or other contract to which the Supplier, the Assignee, or any such Affiliate thereof, is a party.", "The Municipalities shall hold the said ninety percent (90%) of the revenues and any other economic benefit from the <strong>FIT Contract</strong> in trust for and on behalf of the Company and may offset any portion thereof consisting of money against any monies owed by the Company to the Municipalities if they have provided notice of such to the Company in sufficient time to prevent any reasonable likelihood of payment of the monies so offset by the Company..", "The Municipalities may set off the revenue received pursuant to the <strong>FIT Contract</strong> being held in trust for and on behalf of the Company during a month against the amount to be paid by the Company to the Municipalities on the first (15t) Business Day of the following month if but only if such set off is carried out in accordance with the requirements of Section 8(4).", "After 5:00 pm on the fiftieth (50th) Business Day following the Effective Date, the Company shall, at its sole cost except where the <strong>FIT Contract</strong> provides otherwise, track and provide information required by the <strong>FIT Contract</strong> for dealing with the Environmental Attributes.", "It shall be the responsibility of the Company to secure any amendments, if such are required, to the <strong>FIT Contract</strong> to permit the Plant to be constructed.", "After 5:00 pm on the fiftieth (501 h) Business Day following the Effective Date, the Municipalities are entitled to ten percent (10%) of the revenues and any other economic benefit from the <strong>FIT Contract</strong> and the Company is entitled ninety percent (90%) of the revenues and any other economic benefit from the <strong>FIT Contract</strong>.", "Often percent of the annual revenue from septage and sewage plus the <strong>FIT Contract</strong> exceeds [+] then the Company shall immediately pay the amount by which the ten percent of the annual revenue from septage and sewage plus the <strong>FIT Contract</strong> exceeds [+] to the Municipalities plus any applicable Taxes.", "Here, Ontario\u2019s deferral to the IESO with respect to the Claimant\u2019s <strong>FIT Contract</strong> falls within its legitimate regulatory power.", "Under section 12.2(g) of the FIT Rules, \u201cThe OPA may at any time make changes to these FIT Rules, the form of <strong>FIT Contract</strong>, the Price Schedule or the FIT Program (including substantial changes or a suspension or termination of the FIT Program).\u201d 11 R-026, FIT Rules, v."], "related": [["smart-contract", "Smart contract", "Smart contract"], ["it-contracts", "IT Contracts", "IT Contracts"], ["procurement-contract", "Procurement Contract", "Procurement Contract"], ["management-contract", "Management Contract", "Management Contract"], ["sub-contract", "sub-contract", "sub-contract"]], "related_snippets": [], "updated": "2025-07-07T00:16:48+00:00"}, "json": true, "cursor": ""}}