PPA Term definition

PPA Term means that period during which the Power Purchaser is obligated to purchase the Facility Capacity pursuant to the terms of the Power Purchase Agreement.
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PPA Term means a PPA or series of PPAs with a term of at least five consecutive years, during which AEE or AEE 2 has a legally valid and binding contract for the sale at a scheduled price of all or a portion of the capacity and energy to a third party purchaser or third party purchasers, each of whose senior unsecured long-term debt credit rating is at least Investment Grade; provided, however, that the ratio of all AEE Revenues received under such PPA(s) to the Fixed Charges and Operating and Maintenance Costs (other than variable costs associated with energy production not associated with a PPA) is at least 1.0 to 1.0; and provided, further, that no such PPA has any advance payment or tracking account obligations or other form of refundable revenues and the PPA and any other related documents provide reasonable linkage between revenues and costs (such reasonable linkage to be confirmed by a qualified independent consultant; provided, that costs, unless otherwise contracted, shall be assumed to escalate with inflation). Notwithstanding the foregoing, with the consent of the Owner Participant (to be determined in its sole discretion), a "PPA Term" shall mean a period of at least two consecutive years during which AEE or AEE 2, as applicable, has a PPA or series of PPAs for the sale at a scheduled price of 75% or more of the capacity and energy of the Facility, the Related Facility and the Additional Facilities to a third party purchaser or third party purchasers whose senior unsecured long-term debt rating is at least Investment Grade.
Sample 1
PPA Term means a period of at least two consecutive years during which AEE or AEE 2, as applicable, has a PPA or series of PPAs for the sale at a scheduled price of 75% or more of the capacity and energy of the Facility, the Related Facility and the Additional Facilities to a third party purchaser or third party purchasers whose senior unsecured long-term debt rating is at least Investment Grade.
Sample 1

Examples of PPA Term in a sentence

  • The Solar Power Developer will be free to re-power their plants from time to time during the PPA Term.

  • It is pertinent to mention that the PPA Tariff discovered during the E-Reverse Auction process shall be applicable during the PPA Term.

  • The number of members in such Consortium shall not exceed three (3) at any point in time during the PPA Term.

  • If the Project is transferred or sold to a third party during the PPA Term, after initial lock-in period of expiry of First Contract Year), APDCL shall retain full rights to operationalize the PPA with the third party, and the third party shall be under full obligation to honor all the obligations and terms and conditions of the PPA.

  • In both cases where the lease agreements are for a period shorter than the PPA Term, solely on account of applicable State Governmental regulations, the HPD shall be required to submit an undertaking that the lease agreements shall be appropriately extended in line with the Term of the PPA, when required.

  • Period of validity of PPA Tariff received through Reverse Auction shall be same as that of the period of validity of Bids offered and henceforth during the PPA Term.

  • Irrespective of dates of Part Commissioning, the PPA shall remain in force for the PPA Term only.

  • Thus, this competitor/diluter could reduce disease via spore vacuuming (encounter reduc- tion) and/or competition (regulation of susceptible hosts).

  • It is pertinent to mention that the PPA tariff discovered during the E-Reverse Auction process shall be applicable during the PPA Term.

  • ThenumberofmembersinsuchConsortiumshall not exceed three (3) at any point in time during the PPA Term.


More Definitions of PPA Term

PPA Term. [None][Describe applicable PPA Term]
Sample 1
PPA Term is twenty five (25) years to the day beginning at Commercial Operation Date.
Sample 1
PPA Term means the term of the REFIT Power Purchase Agreement between the Seller and the Buyer which is for the period of twenty (20) years. The REFIT PPA will not operate after its expiry; however any rights that have accrued to either Party under the PPA before its termination will be enforceable thereafter;
Sample 1

Related to PPA Term

  • a term s notice" means written notice given not later than the first day of the term preceding the term to which the notice relates;

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Initial Term has the meaning set forth in Section 7.1.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Renewal Term has the meaning set forth in Section 2.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Extension Term means the time period defined in §2.C.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Orig Term Prop Type: Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8329066 180 14 $43,224.00 $20,000.00 $195.78 751 0301388807 6 175 1 $80,000.00 09/07/2002 24 XXXXXX XX 00000 02 8.400 80 $19,717.17 09/19/2017 2 8327362 300 14 $98,416.00 $47,204.79 $568.23 672 0301511515 8 295 1 $126,000.00 09/09/2002 50 Xxxxxx XX 00000 02 14.000 116 $47,148.60 09/13/2027 2 8327516 180 14 $178,666.00 $59,924.02 $774.02 686 0301510517 6 175 1 $210,000.00 09/09/2002 44 Xxxxxx XX 00000 02 13.400 114 $59,292.09 09/13/2017 2 8034353 181 14 $48,000.00 $27,000.00 $323.88 673 0301357182 6 176 1 $60,000.00 09/09/2002 42 XXXXXX XXXX XX 00000 02 11.990 125 $26,780.32 10/01/2017 2 8327394 180 14 $86,844.60 $35,148.09 $474.00 668 0301511481 6 175 1 $97,662.00 09/09/2002 48 Xxx Xxxxxx XX 00000 02 14.250 125 $35,034.18 09/13/2017 2 8328088 180 16 $100,272.29 $26,212.79 $345.22 706 0301511390 6 175 1 $118,000.00 09/09/2002 45 Xxxxxxx XX 00000 02 13.780 108 $26,005.81 09/13/2017 2 8167909 180 14 $115,680.00 $48,850.00 $617.43 676 0301488417 6 175 1 $135,601.00 09/09/2002 33 Xxxxxxxx XX 00000 02 12.980 122 $48,234.92 09/24/2017 2 8327952 144 14 $179,968.00 $49,999.59 $683.60 663 0301511382 6 139 1 $185,000.00 09/09/2002 48 Xxxxxxxx XX 00000 02 12.880 125 $49,209.10 09/13/2014 2 8327684 180 14 $73,713.36 $18,448.66 $235.00 692 0301511051 6 175 1 $100,064.00 09/10/2002 45 Xxxxxx Xxxxx XX 00000 02 13.130 93 $18,195.88 09/14/2017 2 8326960 179 14 $149,847.89 $49,945.09 $659.00 664 0301511499 6 174 1 $186,864.00 09/10/2002 46 Xxxxxxxxx XX 00000 02 13.780 107 $49,712.77 08/14/2017 2 8327896 180 14 $93,005.00 $62,370.50 $750.96 726 0301576443 6 175 1 $125,000.00 09/10/2002 32 Xxxxxxxxx XX 00000 02 12.060 125 $61,715.72 09/14/2017 2 8328432 180 14 $61,862.60 $19,269.01 $242.28 667 0301511432 6 175 1 $65,000.00 09/10/2002 37 Xxxxxxxxxx, XX 00000 02 12.880 125 $18,959.76 09/14/2017 2 8327908 180 14 $67,161.30 $38,978.89 $506.07 676 0301511440 6 175 1 $85,000.00 09/10/2002 47 Xxxxx XX 00000 02 13.500 125 $38,609.40 09/14/2017 2 8328500 180 14 $132,275.00 $59,977.76 $764.00 696 0301511408 6 175 1 $171,935.00 09/10/2002 50 Xxxxxxxxxxxx XX 00000 02 13.130 112 $59,630.71 09/14/2017 2 8328228 180 14 $113,757.00 $47,929.48 $570.00 707 0301576427 6 175 1 $163,956.00 09/10/2002 34 Xxxxxxxxxxxx XX 00000 02 11.830 99 $45,936.33 09/14/2017 2 8328024 180 14 $145,359.87 $66,666.43 $816.53 709 0301576450 6 175 1 $170,189.00 09/10/2002 46 Xxxxxxxx XX 00000 02 12.380 125 $65,898.00 09/14/2017 2 8329024 180 14 $86,085.86 $54,842.10 $681.30 704 0301576435 6 175 1 $113,000.00 09/10/2002 29 Xxxxxx Xxxxx XX 00000 02 12.650 125 $54,429.69 09/14/2017 2 8327526 180 14 $217,391.00 $49,874.63 $627.10 665 0301510376 6 175 1 $232,000.00 09/11/2002 36 Xxxxxxxxxxx XX 00000 02 12.880 116 $49,408.60 09/16/2017 2 8327276 180 14 $140,481.00 $48,210.06 $570.87 706 0301575890 6 175 1 $161,572.00 09/11/2002 00 Xxxx Xxx Xxxxxx XX 00000 02 11.750 117 $47,690.06 09/16/2017 2 8327584 180 14 $54,989.53 $16,608.61 $218.40 687 0301511093 6 175 1 $65,000.00 09/11/2002 33 Xxxxxx XX 00000 02 13.750 111 $16,475.46 09/16/2017 2 8327948 180 14 $93,666.00 $48,686.46 $616.00 673 0301510848 6 175 1 $133,909.00 09/11/2002 39 Xxx Xxxxx XX 00000 02 13.000 107 $48,143.91 09/16/2017 2

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Research Term has the meaning set forth in Section 3.2.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • License Term means the duration of a License as specified in the Order.

  • Principal Period of Maintenance means any nine consecutive hours per day (usually between the hours of 7:00 a.m. and 6:00 p.m.) as selected by the State, including an official meal period not to exceed one hour, Monday through Friday, excluding holidays observed at the installation.

  • Grace Period Extension Date means, if:

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • License expiration date means June 30 of even-numbered years.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.