Prepaid RECs definition

Prepaid RECs means RECs expected to be created in the future that are associated with Delivered Energy and paid for at the time of payment for Delivered Energy as part of the Purchase Price or Market Price, as applicable;
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Prepaid RECs means RECs expected to be created in the future that are associated with Delivered Energy and paid for at the time of payment for Delivered Energy as part of the Purchase Price, as applicable;
Sample 1Sample 2Sample 3

Examples of Prepaid RECs in a sentence

  • Payment by the EDC for Prepaid RECs at the Purchase Price creates a firm obligation on the part of the Subscriber Organization to Deliver RECs associated with the Delivered energy at the time that they are produced in the NEPOOL GIS.

  • Beginning on the first day of the month following the In-Service Date, provided that the Subscriber Organization has satisfied all Section 6 prerequisites, EDC shall purchase the Delivered Energy, inclusive of RECs, either Prepaid RECs or otherwise, from a Selected Bidder’s SCEF at the price(s) bid by the Bidder and approved by PURA (the “Purchase Price”).

  • This amount is intended to secure the Prepaid RECs included in the Purchase Price or to cure any conditions ofdefault.

  • This amount is intended to secure the Prepaid RECs included in the Purchase Price or to cure any conditions of default.

  • Under the proposed DEEP Program Requirements, the EDC would purchase the Delivered Subscribed Energy, inclusive of Prepaid RECs, from a Selected Bidder’s facility at the price(s) bid by the Bidder and approved by the Authority.

  • Beginning on the first day of the month following the In-Service Date, provided that the Subscriber Organization has satisfied all Section 6 prerequisites, EDC shall purchase the Delivered Energy, inclusive of RECs, either Prepaid RECs or otherwise, from a Selected Bidder’s SCEF at the price bid by the Bidder and approved by PURA (the “Purchase Price”).

  • The EDCs agree to purchase the Delivered electricity and Prepaid RECs from the Shared Clean Energy Facility throughout the term of the Tariff.

  • Failure to meet the LMI requirements established in Section 3.8 will result in any such Delivered Energy and Prepaid RECs to be treated as Unsubscribed Energy.

  • The payment by the EDC for Prepaid RECs at the Purchase Price creates a firm obligation on the part of the Subscriber Organization to Deliver RECs associated with the Delivered Energy at the time that they are produced in the NEPOOL GIS.

  • Issue: The continued loss of trained civil servants to the private sector constitutes a major risk to the success of all e-Government projects.

Related to Prepaid RECs

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Prepaid calling service means the right to access exclusively telecommunications services, which must be paid for in advance and which enables the origination of calls using an access number or authorization code, whether manually or electronically dialed, and that is sold in predetermined units or dollars of which the number declines with use in a known amount.

  • Prepaid wireless calling service means a telecommunications service that provides the right to utilize mobile wireless service as well as other non-telecommunications services, including the download of digital products delivered electronically, content and ancillary services, which must be paid for in advance that is sold in predetermined units or dollars of which the number declines with use in a known amount.

  • Prepaid Card means the MasterCard Prepaid Card that you have purchased from us;

  • Unallocated annuity contract means any annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under such contract or certificate.

  • Unpaid Realized Loss Amount With respect to any Class A Certificates and as to any Distribution Date, is the excess of Applied Realized Loss Amounts with respect to such Class over the sum of all distributions in reduction of the Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to the Class A Certificates in respect of any Unpaid Realized Loss Amount shall not be applied to reduce the Certificate Principal Balance of such Class.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Retained Declined Proceeds has the meaning specified in Section 2.05(b)(v).

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Reallocated Principal Collections means, with respect to any Monthly Period, the product of (a) the Principal Allocation Percentage with respect to such Monthly Period, (b) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for such Monthly Period and (c) the sum of the Class B Floating Percentage and the Collateral Floating Percentage with respect to such Monthly Period.

  • Accounts Receivable means in respect of any Person, (a) all trade accounts and notes receivable and other rights to payment from customers and all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of goods shipped or products sold or otherwise disposed of or services rendered to customers, (b) all other accounts and notes receivable and all security for such accounts or notes, and (c) any claim, remedy or other right relating to any of the foregoing.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Unapplied Provider Advance means any Provider Advance other than an Applied Provider Advance.