NYSERDA NYGATS Account definition

NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 RECs as performance under this Agreement.
NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement.
NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement. Operational Certification: Operational Certification verifies that the Bid Facility has been constructed and/or will operate in accordance with the proposal submitted, for which a Provisional Statement of Qualification (PSoQ) was granted and for which an award was made. An Operational Certification request should be submitted after the Bid Facility has received a Statement of Qualification (SoQ) in NYGATS. NYSERDA will also determine whether Seller has complied with Section 18.10. For Bid Facilities including Energy Storage, NYSERDA will verify the Installed Storage Capacity and confirm that it has been installed consistent with the Bid Proposal (see Article IV). For Fuel-Based Bid Facilities, the Seller will be required to provide additional information as outlined in Exhibit D to this Agreement. Once Operational Certification has been granted, NYSERDA will make payments consistent with Section IV.

Examples of NYSERDA NYGATS Account in a sentence

  • Transfer/Transferred: The delivery of Tier-1 RECs to the NYSERDA NYGATS Account designated by NYSERDA.

  • Seller shall, at its own expense, make all arrangements necessary to: (a) register the Bid Facility and Transfer Tier-1 RECs to the NYSERDA NYGATS Account, and (b) interconnect the Bid Facility with a transmission or distribution system and to comply with the Bid Facility Electricity Delivery Requirements.


More Definitions of NYSERDA NYGATS Account

NYSERDA NYGATS Account. The NYGATS account established by NYSERDA into which Seller shall transfer Tier-1 Renewable Energy Certificates as performance under this Agreement. Operational Certification: Operational Certification verifies that the Bid Facility has been constructed and/or will operate in accordance with the proposal submitted, for which a Provisional Statement of Qualification (PSoQ) was granted and for which an award was made. An Operational Certification request should be submitted after the Bid Facility has received a Statement of Qualification (SoQ) in NYGATS. NYSERDA will also determine whether Seller has complied with Section 18.10. [For Bid Facilities including Energy Storage, NYSERDA will verify the Installed Storage Capacity and confirm that it has been installed i) consistent with the Bid Proposal (see Article IV) and ii) Sections VI. Quality Assurance (including the Battery Energy Storage Guidebook referenced therein) and IX. Technical Requirements of the NYSERDA Bulk Storage Incentive Program Manual. For Fuel-Based Bid Facilities, the Seller will be required to provide additional information as outlined in Exhibit D to this Agreement. Once Operational Certification has been granted, NYSERDA will make payments consistent with Section IV.] Operating Rules: The NYGATS Operating Rules (the “Operating Rules”), the General Terms of Use and other guidelines posted to the NYGATS website at: xxxxx://xxx.xxxxxxx.xx.xxx/All-Programs/Programs/NYGATS/Registration-Documents Permanent Physical Footprint: The area occupied during the Contract Delivery Term by the generation facility, the associated interconnection equipment and, if applicable, Energy Storage equipment as verified by NYSERDA through the Operational Certification process.

Related to NYSERDA NYGATS Account

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.