Forecast REC Quantity definition

Forecast REC Quantity means a quantity of RECs indicated in Part 2 of Exhibit B to the Cover Sheet, and is applicable when a Seller receive an award on the basis of RECs from System(s) that cannot be identified and described using Part 1 of Exhibit B as of the Effective Date.
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Forecast REC Quantity means a quantity of RECs as indicated in the Confirmation that is applicable when Seller has received an award on the basis of RECs from DG Renewable Energy Facilities that have not been identified during the DG RFP, but aremay be subsequently provided to the IPA via written notification, on or prior to January 28, 2018. The following definition of “Illinois Act” is added to the Agreement as Section 1.35.1:
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Forecast REC Quantity is added to the Agreement as Section 1.23.4:
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Examples of Forecast REC Quantity in a sentence

  • This Paragraph is only applicable to Systems that are or will be below 25 kW and to a Seller that receives an award for a Forecast REC Quantity, and specifies in the System Identification Form (Exhibit B) a non-zero Remaining Forecast Quantity.

  • This Paragraph is only applicable to Systems that are or will be below 25 kW and to a Seller that receives an award for a Forecast REC Quantity, and specifies in the System Identification Form (Exhibit B) a non-zero Remaining Forecast REC Quantity.

  • If this Agreement is associated with a System that is identified and described in the System Identification Form and not based on a Forecast REC Quantity, the successors and assignees pursuant to any assignment of this Agreement must ensure that the System shall not change, as described in the System Identification Form, except as set forth in Article 3 and with the prior written consent of Buyer.

  • Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer in an amount that exceeds $8 per REC multiplied by the Maximum Contract Quantity, or in an amount that exceeds $16 per REC multiplied by the Maximum Contract Quantity if this Agreement is based on a Forecast REC Quantity.

  • If this Agreement is associated with a System that is identified and described in the System Identification Form and not based on a Forecast REC Quantity, the successors and assignees pursuant to any assignment of this Agreement must ensure that the System shall not change, as described in the System Identification Form, except as set forth in Article 3 or with the prior written consent of Buyer.

  • The Maximum Contract Quantity for a system that is identified hereunder cannot exceed the Remaining Forecast REC Quantity.

  • If this Agreement is associated with a System that is identified and described in the System Identification Form and not based on a Forecast REC Quantity, the successorsand assignees pursuant to any assignment of this Agreement must ensure that theSystem shall not change, as described in the System Identification Form, except as setforth in Article 3 and with the prior written consent of Buyer.

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Related to Forecast REC Quantity

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e).

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Forecast shall have the meaning set forth in Section 4.2(a).

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Rolling Forecast has the meaning set forth in Section 4.2.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • Definite quantity contract means a fixed price contract that provides for a

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date. Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Indefinite quantity contract means a fixed price contract that:

  • Small quantity generator means a generator who generates less than 1000 kg of hazardous waste in a calendar month.

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Reportable quantity means one of the following:

  • Bills of Quantities means the priced and completed Bill of Quantities forming part of the tender[where applicable].

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.