OTD = the definition

OTD = the. Originator Turnover Days" for such Originator, which shall be equal to the product of (x) the quotient of (i) the aggregate Outstanding Balance of Receivables originated by such Originator during the Accrual Period which occurs two months prior to the month in which such Settlement Date (or the Termination Date) occurs, divided by (ii) the aggregate amount of the Collections received during the Accrual Period immediately preceding such Settlement Date (or the Termination Date) on Receivables originated by such Originator, multiplied by (y) the number of days in the calendar month coinciding with such Accrual Period; and FR = the Funding Rate as measured on such Settlement Date (or the Termination Date), as determined pursuant to paragraph (d) below.
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Related to OTD = the

  • Solar renewable energy certificate or "SREC" means a

  • Renewable Energy Certificate or "REC" means a certificate

  • Renewable Energy Certificates or “RECs” shall mean all of the Certificates and any and all other Environmental Attributes associated with the Products or otherwise produced by the Facility which conform with the eligibility criteria set forth in the applicable Rhode Island regulations and are eligible to satisfy the Renewable Energy Standard, and shall represent title to and claim over all Environmental Attributes associated with the specified MWh of generation from such Newly Developed Renewable Energy Resource.

  • Wp means Watt Peak.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.