Examples of Program Asset in a sentence
Unless the Parties agree otherwise in writing, a “Provider” is (i) any entity of the Government that receives or uses MCC Funding or any other Program Asset in carrying out activities in furtherance of this Compact or (ii) any third party that receives at least US$50,000 in the aggregate of MCC Funding (other than as salary or compensation as an employee of an entity of the Government) during the Compact Term.
If any MCC Funding, any interest or earnings thereon, or any Program Asset is used for any purpose in violation of the terms of this Compact, then MCC may require the Government to repay to MCC in United States Dollars the value of the misused MCC Funding, interest, earnings, or asset, plus interest within thirty (30) days after the Government’s receipt of MCC’s request for repayment.
In addition, notwithstanding the foregoing, any Program Asset pledged under the General Resolution may, at the written direction of the Agency, be released from such pledge upon the filing with the Trustee of a Cash Flow Statement (unless otherwise provided for in a Supplemental Resolution authorizing a Series of Bonds).
Sale of Program Assets The Agency may sell any Program Asset; provided that the Agency shall not sell any Program Asset that is not in default at a price that is less than the unpaid principal amount thereof plus accrued interest thereon unless there is delivered to the Trustee a Cash Flow Statement regarding such sale.
Unless the Parties agree otherwise in writing, a “Provider” is (i) any entity of the Government that receives or uses MCC Funding or any other Program Asset in carrying out activities in furtherance of this Compact, or (ii) any third party that receives at least Fifty Thousand United Stated Dollars (US$50,000) in the aggregate of MCC Funding (other than as salary or compensation as an employee of an entity of the Government) during the Compact Term.
The Government shall ensure that no Program Asset consisting of real property is (A) subject to any lease or sub-lease arrangement, in whole or in part or (B) sold, donated or otherwise disposed of, in whole or in part; except, in each of the foregoing cases, with MCC’s prior written approval.
Section 5.3 Refunds; Violation.(a) If any MCC Funding, any interest or earnings thereon, or any Program Asset is used for any purpose in violation of the terms of this Compact, then MCC may require the Government to repay to MCC in United States Dollars the value of the misused MCC Funding, interest, earnings, or asset, plus interest within thirty (30) days after the Government’s receipt of MCC’s request for repayment.
Non-RPS Applicable Program assets associated with REC Delivery (leave boxes unchecked if none applicable and this is currently a voluntary market transaction, use Annex 2 for additional non-RPS Applicable Program Asset details) B.3.c/d ** Planning models, dispatch models, E-grid, etc.
Customer Baseline is the average aggregate hourly load, rounded to the nearest kWh, for each of the 24 hours in a day for each Load Response Program Asset participating in the Real-Time Price Response Program, and the average aggregated five-minute load, rounded to the nearest kWh, for each of the 24 hours in a day for Real-Time Demand Response Assets and Real-Time Emergency Generation Resource assets.
Capacity Program Asset Management Initiatives$26,000 to extend the asset management training program funded through previous grants to promote the practice of infrastructure asset management at Vermont’s public water systems.