New Construction Solar Asset Event Ratio definition

New Construction Solar Asset Event Ratio means, as of any Calculation Date, the ratio of (x) the aggregate Discounted Solar Asset Balance of all New Construction Solar Assets that do not, as of such Calculation Date, qualify as Eligible Solar Assets as a result of the failure to meet the requirements set forth in paragraphs 39 or 40 of Schedule I to (y) the aggregate Discounted Solar Asset Balance of all New Construction Solar Assets that have been Placed in Service. For the purposes of calculating the New Construction Solar Asset Event Ratio, any determination of whether a New Construction Solar Asset qualifies as an Eligible Solar Asset shall not take into account whether such New Construction Solar Asset fails to meet the requirements set forth on Schedule I other than the requirements set forth in paragraphs 39 or 40 thereof. The New Construction Solar Asset Event Ratio shall be included in each Facility Administrator Report.
Sample 1Sample 2Sample 3
New Construction Solar Asset Event Ratio means, as of any Calculation Date, the ratio of (x) the aggregate Discounted Solar Asset Balance of all New Construction Solar Assets that do not, as of such Calculation Date, qualify as Eligible Solar Assets as a result of the failure to meet the requirements set forth in paragraphs 39 or 40 of Schedule I to (y) the aggregate Discounted Solar Asset Balance of all New Construction Solar Assets that have been Placed in Service. For the purposes of calculating the New Construction Solar Asset Event Ratio, any determination of whether a New Construction Solar Asset qualifies as an Eligible Solar Asset shall not take into account whether such New Construction Solar Asset fails to meet the requirements set forth on Schedule I other than the requirements set forth in paragraphs 39 or 40 thereof. The New Construction Solar Asset Event Ratio shall be included in each Facility Administrator Report. “New Construction Solar Asset (Non-Identified Customer)” shall mean a New Construction Solar Asset with respect to which a Solar Service Agreement has not yet been signed and delivered to the Verification Agent.
Sample 1Sample 2

Related to New Construction Solar Asset Event Ratio

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • construction site means a workplace where construction work is being performed;

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

  • Final Completion Date means the date on which Final Completion occurs.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.