Installation Payment definition

Installation Payment means the first of two Incentive Payments available to be earned by a Project Sponsor under the terms of an SOP Agreement. The Installation Payment equals 40% of the total estimated Incentive Payment amount as specified in the SOP Agreement. A Project Sponsor may submit an invoice for this payment following EPE’s approval of the Project Sponsor’s Project Installation Report (PIR).
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Installation Payment means payment for installation of Provider`s equipment in accordance with the Service Order. «Установочный платеж» означает плату за установку оборудования Оператора в соответствии с Заказом.
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Installation Payment the payment detailed in Schedule 5 for the delivery of the Capacity payable in accordance with clause 4;
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Examples of Installation Payment in a sentence

  • During the Term, if Distributor achieves the Tier A Successful Installation Minimum in a calendar month then, [ *** ], Google shall pay to Distributor either (1) the Tier A Installation Payment for each additional Successful Installation in Tier A Countries during such calendar month, or (2) [ *** ].

  • During the Term, if Distributor achieves the Tier B Successful Installation Minimum in a calendar month then, [ *** ], Google shall pay to Distributor either (1) the Tier B Installation Payment for each additional Successful Installation in Tier B Countries during such calendar month, or (2) [ *** ].

  • During the Term, Google shall pay to Distributor either (1) [ *** ] (US$[ *** ]) (the "Tier C Installation Payment") for each Successful Installation in Tier C Countries during each calendar month, or (2) [ *** ].

  • If the Project is not deemed operational by the Operational Date, then Con Edison will reduce the Installation Payment by 10% on the first day the Project is late (i.e., June 2, 2020), and by an additional 1% each day thereafter that the Project fails to be operational until such time that the Installation Payment has been reduced to zero..

  • All amounts payable to SURF under this Agreement are exclusive of VAT which shall be paid by the Customer in addition to their Installation Payment and Annual Charge.

  • Grantee will pay Owner a one-time installation payment ("Installation Payment") equal to $ 2500 per megawatt ("MW") of installed capacity of wind turbines installed on the Property, based on such turbines’ "nameplate rating" (as determined by the manufacturer).

  • ESP shall deliver to Owner all such written warranties as a condition precedent to final ECM Installation Payment.

  • For damage caused between Start of Construction and the Commercial Operation Date, the Crop Damage Payment shall be made as part of the Installation Payment within sixty (60) days of the Commercial Operation Date or such later date on which such damages are determined.

  • Equal to 100% of the monetary value of the verified annual energy savings, less the amount of the Installation Payment.

  • The Installation Payment shall be paid within thirty (30) days after the Start of Construction.

Related to Installation Payment

  • Installation Fee means charges payable by the Customer for the installation of the service as provided in the Order Form;

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • 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;

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Installation Date means the date specified in the Statement of Work by which the Contractor must have the ordered Equipment ready (certified) for use by the State.