Project Incentive definition

Project Incentive means the incentive to be paid by the IESO to the Participant pursuant to Section 1.6 of the Program Rules and a Project Incentive Contract.

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Project Incentive means the dollar amount set out in Schedule “B” under the heading “Project Incentive”, subject to adjustment in accordance with Section 4.4.

Project Incentive means the amount set out in Schedule "C" under the heading "Project Incentive", subject to adjustment in accordance with Section 3.2;

Examples of Project Incentive in a sentence

• For Projects not delivering 100 percent of its energy savings benefit, Customer and the Program Implementer shall be responsible to refund PG&E a prorated amount of the Project Incentive for the time PG&E did not receive the Project’s energy savings.

• The total amount of funding advanced pursuant to this Agreement will be deducted from any Project Incentive so that the total amount paid to the Participant in respect of the Project does not exceed the Project Incentive determined in accordance with Section 1.6 of the Program Rules.

• Failure to follow these steps shall jeopardise the Project Incentive Payment provided for in Clause 4.6 of this Agreement.

• The Participant will provide to the LDC sufficient supporting documentation, as requested by the LDC, to facilitate and support the LDC in claiming input tax credits in respect of the Net Project Incentive.

• Employees receiving Exemplary Performance Pay shall not be eligible to receive additional compensation under the Pilot Capital Project Incentive Program in the Capital Projects MOU Addendum (Appendix C of this Agreement) in the same fiscal year.

• In the event of any conflict between any provision of this Agreement and the Project Incentive Application, the provisions of this Agreement will prevail.

• In addition, if the LDC has reasonable grounds to commence a discussion, negotiation or challenge, in any manner whatsoever, with a tax authority regarding the validity of any Applicable Taxes imposed on the Net Project Incentive, the Participant will provide such reasonable assistance as may be required by the LDC with such discussion, negotiation or challenge.

• The Status Report is a report completed by the Participant as required and described in the Project Incentive Contract.

• PG&E shall not be liable for any costs due to a Project’s estimated versus actual energy savings related to the Project Incentive to be paid, Project savings that did not materialize, Project cancellation or implementation cost increase for any reason.

• In addition, if the IESO has reasonable grounds to challenge the validity of any HST imposed on the Net Project Incentive, the Participant will provide reasonable assistance to the IESO with such challenge.

More Definitions of Project Incentive

Project Incentive means the dollar amount set out in Schedule “B”.

Project Incentive means the amount of the Incentive paid for a Small Capital Project or Large Project calculated in accordance with a Small Capital Project Incentive Schedule or Large Project Incentive Schedule;

Project Incentive means the incentive to be paid by the IESO to the Participant pursuant to Section 1.6 and a Project Incentive Contract;

Project Incentive means the program designed to provide a financial incentive to a Participant for the purpose of implementing a Project.