Guaranteed Qualified Clean Energy definition

Guaranteed Qualified Clean Energy means Seller’s firm obligations to provide Qualified Clean Energy and associated Environmental Attributes pursuant to this Agreement, as provided in the Delivery Schedule included in Exhibit B.
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Examples of Guaranteed Qualified Clean Energy in a sentence

  • The failure of the Seller to Deliver the Scheduled Qualified Clean Energy in accordance with Exhibit B, the Schedule of Guaranteed Qualified Clean Energy to be Delivered from the Facility for twelve (12) consecutive months during the Services Term; or Failure to Achieve the Guaranteed Delivery Term Start Date.

  • During the Services Term and in accordance with Section 4.1, Seller shall Schedule and Deliver Guaranteed Qualified Clean Energy in the quantities provided in Exhibit B in accordance with this Agreement, all ISO-NE Practices and ISO-NE Rules and other Independent System Operator’s rules and practices, as applicable.

  • Specifically, the PPA provides a schedule of Guaranteed Qualified Clean Energy to be delivered from the power resources listed in Exhibit A of the PPA, which includes guaranteed delivery in winter months (Exhs.

  • The Proposed PPAs operationalized the requirement for Incremental Hydro with the provision for delivery of two types of energy: (1) the 9.55 TWh of Guaranteed Qualified Clean Energy (“Contract Energy”), and (2) Baseline Hydroelectric Generation Imports (“Baseline Hydro”), which is all other hydro energy delivered to New England from the bidder or affiliate, excluding the Contract Energy.22 Following the RFP language, the Contract Energy under the Proposed PPA is the “Incremental Hydro.” Exh.

  • HQUS could satisfy Exhibit H Baseline Hydroelectric Generation requirements, while at the same time having a Delivery Shortfall of the Guaranteed Qualified Clean Energy volumes stated in Exhibit B and, if uncured, exposure to the payment of associated Cover Damages.

  • The interconnectedness of the world and evolution of the knowledge economy have not only made possible the rise in borderless education but promoted policies and programs to increase the international elements in higher education, incorporating global and intercultural dimensions into the course structures of universities and other institutions of higher learning.

  • Additionally, under section 9.2(f) of the PPAs, if "[t]he aggregate Uncured Delivery Shortfalls in any Shortfall Cure Period are more than twenty percent (20%) of the Guaranteed Qualified Clean Energy for such Shortfall Cure Period (a 'Defaulted Delivery Shortfall')," HQUS has defaulted on the PPAs. Only shortfalls due to transmission line failures are counted when calculating the ratio of defaulted delivery shortfalls.

  • No Qualified Shortfall Energy shall be delivered over the U.S. Transmission Line to the Delivery Point in any hour in which Seller is excused from performing its obligations under this Agreement due to a Force Majeure unless Seller is also Delivering the entire amount of the Guaranteed Qualified Clean Energy in that hour.

  • Under the Eversource Energy PPA the delivery of the quantities of Guaranteed Qualified Clean Energy in accordance with the volumes stated in Exhibit B to the Agreement and the delivery of the Baseline Hydroelectric Generation in accordance with Exhibit H of the Agreement are independent obligations under the Agreement.

Related to Guaranteed Qualified Clean Energy

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Solar renewable energy certificate or "SREC" means a

  • Renewable Energy Certificate or "REC" means a certificate

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Seller Guarantor has the meaning set forth in the introductory paragraph to this Agreement.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Renewable Energy Certificates or “RECs” shall mean all of the Certificates and any and all other Environmental Attributes associated with the Products or otherwise produced by the Facility which satisfy the RPS for a RPS Class I Renewable Generation Unit, and shall represent title to and claim over all Environmental Attributes associated with the specified MWh of generation from such RPS Class I Renewable Generation Unit.

  • Class I renewable energy means electric energy produced from

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Consumer Guarantee means a consumer guarantee applicable to this contract under the Australian Consumer Law, including any Express Warranty.

  • Class II renewable energy means electric energy produced at a

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.