Generation Payment definition

Generation Payment means a payment under the FiT Scheme which is based on the amount of electricity generated by Your Eligible Installation and measured by the applicable Generation Meter;
Generation Payment has meaning given to it in Section 4.4 of the Contract.
Generation Payment means, in respect of any period, the volume of Metered Generation in that period multiplied by the Generation Tariff.

Examples of Generation Payment in a sentence

  • Supplier shall, at the request of OPA, provide OPA with copies of all settlement statements, invoices and all other correspondence between Supplier and LDC relating to the Facility and/or any Generation Payment and authorizes the OPA to request the same from LDC.


More Definitions of Generation Payment

Generation Payment means the sum paid to the FIT Generator or Nominated Recipient, as applicable, by a FIT Licensee, for FIT Generation in any period, calculated by reference to the Generation Tariff and Generation Meter Reading.
Generation Payment means the sum paid to the Generator or Nominated Recipient (as applicable) by EDF Energy for the electricity generated by Accredited FIT Installations, calculated by reference to the Generation Tariff and Generation Meter Readings. The Generation Payment shall be exclusive of VAT;
Generation Payment means the sum paid to you or your Nominated Recipient (as applicable) by us for the electricity generated by your Eligible Installation in any quarterly period, calculated by reference to the Generation Tariff, Generation Meter Readings and Tariff Code;
Generation Payment means the sum paid to you by us for the electricity generated by your Generation Unit in any Period, calculated by reference to the Generation Tariff, Generation Meter Readings and Tariff Code;

Related to Generation Payment

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Termination Payment has the meaning set forth in Section 6.03.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.