NYSERDA Incentive definition

NYSERDA Incentive means the incentive payment for the Project from NYSERDA as part of its 2019 Bulk Storage Incentive Program.
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NYSERDA Incentive means, as to a particular System, a monetary incentive provided by NYSERDA, in the amount, and pursuant to the NYSERDA program, set forth in Schedule 2 (Site Plan(s) and System(s)).
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Examples of NYSERDA Incentive in a sentence

  • Owner acknowledges that NYSERDA is solely responsible for payment of the NYSERDA Incentive, CHGE shall have no obligation to pay to Owner amounts in respect of the NYSERDA Incentive, and any failure by NYSERDA to pay amounts due under the NYSERDA Agreement shall not relieve Owner of any obligation hereunder.

  • Payment structure and timing will be aligned between the NYSERDA Incentive Agreement and CECONY / O&R Energy Storage Services Agreement.

  • Payment terms, structure, milestones are described in detail in the NYSEG and/or RG&E Agreement (Appendix D1/D2) and NYSERDA Incentive Agreement (Appendix F).

  • If awarded, the Bidder will receive payments from CECONY and NYSERDA reflecting the Offer Price.22 Payment terms, structure, milestones are described in detail in the CECONY Agreement (Appendix D1/D2) and NYSERDA Incentive Agreement (Appendix F).

  • Payment structure and timing will be aligned between the NYSERDA Incentive Agreement and CHGE Energy Storage Services Agreement.

  • Payment structure and timing will be aligned between the NYSERDA Incentive Agreement and NYSEG/RG&E Energy Storage Services Agreement.

  • To receive the NYSERDA Incentive, each winning Bidder of the utility procurement must enter into an agreement (“NYSERDA Incentive Agreement”) directly with NYSERDA in addition to executing an Energy Storage Services Agreement (“Agreement”) with CECONY or O&R.5,6 The incentive payments will be NYSERDA administered and will be provided separately from any payments by CECONY or O&R.

  • The Customer agrees to sign all NYSERDA Incentive forms in a timely manner.

  • The Customer agrees that all NYSERDA Incentive payments will be paid directly to Monolith Solar in order to reimburse them for the deduction of said Incentives from the total cost of the PV System.

  • Owner acknowledges that NYSERDA is solely responsible for payment of the NYSERDA Incentive, RG&E shall have no obligation to pay to Owner amounts in respect of the NYSERDA Incentive, and any failure by NYSERDA to pay amounts due under the NYSERDA Agreement shall not relieve Owner of any obligation hereunder.

Related to NYSERDA Incentive

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Share Incentive Plan means any one of the foregoing plans.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Tax Incentive has the meaning set forth in Section 3.13(g).

  • Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Stock Incentives means, collectively, Dividend Equivalent Rights, Incentive Stock Options, Non-Qualified Stock Options, Performance Unit Awards, Phantom Shares, Stock Appreciation Rights and Stock Awards.

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Bid incentive means an amount deducted, for bid evaluation purposes only, from the contract base bid in order to calculate the bid price to be used to evaluate the bid on a competitively bid contract.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.