Monetizer definition

Monetizer means a Person other than the Parties or their Affiliates who purchases a Facility or an interest in the entity owning or operating a Facility with the agreement that Section 45 Tax Credits arising from the operation of a Facility will be allocated to such Person.
View Source
Monetizer means a Person other than TTI or its Affiliates who purchases a Facility or an interest in the entity owning or operating a Facility with the agreement that Section 45 Tax Credits arising from the TTI Production will be allocated to such Person.
View Source

Examples of Monetizer in a sentence

  • This Agreement may not be assigned without the prior written consent of the Parties; provided, however, that Project Company may assign this Agreement without such consent to an Affiliate of Project Company or another Person formed to own and operate the Facility or to facilitate investment by a Monetizer.

  • ATTACHMENTS: SCHEDULE A: Irrevocable Fee Protection Agreement Notice to Lender or Monetizer Consultant Fees and Wiring Instructions for HQDH.

  • For and in consideration of Buyer entering into any Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement to enable Seller to realize the Maryland Tax Credit, Seller shall indemnify and hold Buyer, and its affiliates, parents, subsidiaries, officers, directors, agents and others acting on its behalf, harmless from and against any additional costs, expenses or liability incurred as the result thereof, including but not limited to any insolvency or bankruptcy of any third party supplier.

  • In the event that Seller ceases to act in such capacity or to exercise the stated functions on behalf of the third party supplier, Seller shall promptly notify Buyer who shall have the right, upon 10 days prior written notice to Seller and the third party supplier, to terminate the affected Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement(s).

  • Seller will be fully liable and responsible under this Agreement for any failure by the third party supplier, whether arising by breach or otherwise, to sell any quantities of coal under the Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement to Buyer.

  • Vol.) for the purchase of Maryland mined coal (hereinafter referred to as “Monetizer(s)”) who is willing to (a) purchase Seller’s Maryland mined coal and (b) enter into a Monetizer Coal Supply Agreement directly with Buyer or (2) sell such coal to a third party supplier (or third party suppliers), which Seller shall cause such third party supplier (or third party suppliers) to in turn sell such Maryland mined coal to Buyer under a Third Party Coal Supply Agreement.

  • It is the intent of the parties that Buyer’s rights and obligations arising under a Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement shall not be less than or greater than Buyer’s rights and obligations arising under the Agreement.

  • Accordingly, Buyer and Seller acknowledge that any coal sold under such Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement(s) will automatically reduce on a corresponding basis the quantity of coal that Buyer is or remains obligated to purchase from Seller or that Seller is or remains obligated to sell to Buyer pursuant to the Agreement.

  • Monetizer will make PAYMENT BY MT103.23, (as per Appendix B) on condition that client remits back BG/SBLC cost (Fees and commissions) 12% as per Appendix B of this Agreement.

  • Seller represents and warrants to Buyer that Seller will act as the third party supplier’s exclusive administrator and agent in regard to the management and administration of the Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement with authority to schedule coal shipments, resolve disputes and provide remedies on the third party supplier’s behalf under the Monetizer Coal Supply Agreement and/or Third Party Coal Supply Agreement.