Power Purchasing Agreement definition

Power Purchasing Agreement means the associated agreement stipulating the arrangements for the supply of electricity generated by the Project to the NDMC and the purchase of that electricity by the NDMC required for the effective performance of this Agreement. ”Owner (and/or Lessor”) is the local government unit providing land for the project.
Sample 1
Power Purchasing Agreement means the Master Power Purchase and Sale Agreement dated May 5, 2014, between the Borrower and Verso Maine Energy LLC for the purchase and sale of energy, ancillary services, capacity and other related products or services and the operation and maintenance of the Units (as defined therein), as such agreement may be amended from time to time in accordance with the terms hereof.
Sample 1

Examples of Power Purchasing Agreement in a sentence

  • First, a renewable energy purchase can constitute a promise to purchase the electrons generated by the project for a specified period of time through a Power Purchasing Agreement (PPA).

  • An interview schedule was used to elicit narratives about participants’ ways to perceive daily stress, to review the term stress in general and how they cope with stress.

  • Under article 7 an independent power producer can only supply power into the electricity grid through a Power Purchasing Agreement (PPA) made with the Service provider.

  • For credibility and confidence of the public and the investors, the tasks of monitoring and the task of inspection need to be spelled out and detailed in the legal documents that constitute the proposed structure and in the Mandatory Requirements and Guidelines that are part of the Concession and of the Power Purchasing Agreement (PPA).

  • A Power Purchasing Agreement (PPA) was also developed and used as a legally binding document between the state-owned National Dispatch Center and any private renewable energy developers or electricity producers, to make sure the electricity generated from renewable sources is sold at favourable prices.” The renewables FiT acts as a subsidy to encourage the production of renewables.

  • The Power Purchasing Agreement (PPA) ModelIn many developing countries, national utilities have constructed isolated mini-grids to serve communities that were not likely to be reached by the national utility’s main grid.

  • The tribunal found that the project was significantly overpriced, but evidence of bribery – which, if proved, would have invalidated the contract – was not presented in time to influence the tribunal’s ruling that the Power Purchasing Agreement should proceed, with a reduced tariff.26 Both IPTL and the natural gas agreement were finally signed on the same day in 1999.

  • On 30 October 2018, ZEW entered into an 11-year Power Purchasing Agreement (PPA) with a solar farm energy generator.

  • They could also decide to deploy on a merchant basis or look for support through, for example, a corporate Power Purchasing Agreement.

  • The process outlined for the Local Government Power Purchasing Agreement will enable Council to ensure that this goal is realistic and achievable.

Related to Power Purchasing Agreement

  • Power Purchase Agreement or "PPA"" shall mean this Power Purchase Agreement including its recitals and Schedules, amended or modified from time to time in accordance with the terms hereof.

  • Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.

  • Master Purchase Agreement has the meaning set forth in the recitals.

  • Shareholder-Initiated Transfer Purchase means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract to a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; or (v) pre-arranged transfers at the conclusion of a required free look period.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • Other Purchasers is defined in Section 2.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Purchasing CLO shall have the meaning set forth in Section 16.3(d) hereof.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Generation Interconnection Agreement means the generation interconnection agreement to be entered into separately between Seller and PGE, providing for the construction, operation, and maintenance of interconnection facilities required to accommodate deliveries of Seller's Net Output.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Purchasing cooperative means a group purchasing organization that governmental entities join as members and the managing en- tity of which receives fees from members or vendors.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Price Agreement means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Common Billing Agreement means an agreement between the Appointee and any other person under which that person has undertaken to pay, on terms agreed between them, charges for water supply or sewerage services, or both, in respect of two or more Houses which have a common Supply Pipe and which, in any case where that agreement relates to one of those services only, are also subject to a similar agreement for common billing between that person and the undertaker providing the other service;

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Purchasing Entity means any entity or organization that has been authorized by the State to place Orders with the Contractor, and may include, without limitation, agencies of the State, government supported institution of higher education within the State, political subdivisions of the State, authorized non-profit organizations and other authorized entities.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Payment Agreement means a written agreement which provides

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.