Green Tag definition

Green Tag means a commercially recognized unit representing the value or amounts of Environmental Attributes.

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Green Tag means an approval issued by the City after final inspection reflecting that construction of the Improvements has been completed in conformance with all appropriate City codes and requirements.

Green Tag means any contractual right to the full set of non-energy attributes, including any and all credits, benefits, emissions reductions, offsets, and allowances, howsoever entitled, directly attributable to a specific amount of capacity and/or electric energy generated from an Eligible Energy Resource, including any and all environmental air quality credits, carbon reduction credits, benefits, emissions reductions, off-sets, allowances, or other benefits as may be created or under any existing or future statutory or regulatory scheme (federal, state, or local) by virtue of or due to the Facility’s actual energy production or the Facility’s energy production capability because of the Facility’s environmental or renewable characteristics or attributes, including any Renewable Energy Credits or similar rights arising out of or eligible for consideration in the M-RETS Program. For the avoidance of doubt, Green Tags excludes (i) any local, state or federal depreciation deductions or other tax credits providing a tax benefit to Seller based on ownership of, or energy production from, any portion of the Facility, including the investment tax credit, Production Tax Credit and United States Treasury Cash Grant that may be available to Seller with respect to the Facility under Applicable Laws, and (ii) depreciation and other tax benefits arising from ownership or operation of the Facility unrelated to its status as a generator of renewable or environmentally clean energy.

Examples of Green Tag in a sentence

Safety shoes must be C.S.A. Green Tag or approved by the Occupational Health and Safety Committee.
Green Tag Reporting Rights are the right of a party to report the ownership of accumulated Green Tags in compliance with federal or state law, if applicable, and to a federal or state agency or any other party, and include Green Tag Reporting Rights accruing under Section 1605(b) of The Energy Policy Act of 1992 and any present or future federal, state, or local law, regulation or bill, and international or foreign emissions trading program.
All employees must supply their own CSA Green Tag Safety Boots and NIOSH safety hat.
Without limiting the generality of PacifiCorp's ownership of the Green Tag Reporting Rights, PacifiCorp may report under such program that such Environmental Attributes purchased hereunder belong to it.
Red tag means DO NOT USE; Yellow Tag means section of scaffold does not meet OSHA standards and Green Tag means SAFE FOR USE.
By way of example and explanation, if the Green Tag is received on November 30, 2015, then the Program Grant Payment period would begin with the 2016 tax year, which 2016 Ad Valorem Tax would not be received by the City and paid to the Company until 2017.
Defined terms used in this Green Tag Attestation and Bill of Sale (as indicated by initial capitalization) shall have the meaning set forth in the PPA.
Payment of the remaining Fifty Thousand Dollars ($50,000.00) shall be made after Stewardship receives a Green Tag for all of the required Improvements.
Defined terms used in this Green Tag Attestation and ▇▇▇▇ of Sale (as indicated by initial capitalization) shall have the meaning set forth in the PPA.
PacifiCorp shall be entitled to a refund of the Green Tag Price Component of Green Tags associated with any Output for which WREGIS Certificates are not delivered, and shall not transfer the affected Green Tags back to Seller.

More Definitions of Green Tag

Green Tag means the Environmental Attributes associated with the power generated from the PV System together with the Green Tag Reporting Rights associated thereto. Green Tag also includes any tradable or other credits for renewable resource generation attributable to the PV System, specifically including Renewable Energy Credits, and including without limitation any credits for meeting portfolio or other standards requiring renewable resource content now or in the future. Green Tags are accumulated on a kWh basis or equivalent basis and one Green Tag represents the Environmental Attributes associated with actual or deemed generation of one MWh of electricity generated by the PV System, or the claimed displacement of power.