PBI Program definition

PBI Program means a renewable energy program maintained or administered by a utility, Governmental Authority or other Person designed to incentivize the installation of photovoltaic solar energy projects and the use of solar-generated electricity pursuant to which the utility, Governmental Authority or other Person is obligated to make payments at a stated amount or rate to the owner of the related photovoltaic solar energy project.
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PBI Program means a renewal energy program maintained or administered by a utility, Governmental Authority or other Person designed to incentivize the installation of photovoltaic solar energy projects and the use of solar-generated electricity pursuant to which the utility, Governmental Authority or other Person is obligated to make payments at a stated amount or rate to the owner of the related photovoltaic solar energy project.
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Examples of PBI Program in a sentence

  • If the inventing scientist(s) is/are ActiMed employee(s), such Program Inventions shall be deemed ActiMed Program Inventions; if the inventing scientist(s) is/are PBI employee(s), such Program Inventions shall be deemed PBI Program Inventions, and if there is at least one inventing scientist who is an employee of ActiMed and at least one inventing scientist who is an employee of PBI, such Program Inventions shall be deemed Joint Program Inventions.

  • PBI hereby grants to ActiMed a non-exclusive, royalty-free right and license to use the PBI Patents and PBI Program Patents, solely for the purpose of the Development Program ("PBI License").

  • The Manufacturing Agreement shall include an exclusive, royalty-free right and license to ActiMed to use the PBI Patents and PBI Program Patents to make Product for sale or use by PBI and its sublicensees.