QCiL Compensation definition

QCiL Compensation means: (i) a QCiL Opex Payment; (ii) a QCiL Capex Payment;
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QCiL Compensation means: (i) a QCiL Opex Payment; (ii) a QCiL Capex Payment; (iii) a QCiL Adjusted Revenues Payment; (iv) a QCiL Construction Event Payment; (v) a QCiL Operations Cessation Event Payment; and (vi) any combination of any of the foregoing, as such amounts are calculated in accordance with Condition 27 (Qualifying Change in Law: Compensation);
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QCiL Compensation means any of:
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Examples of QCiL Compensation in a sentence

  • A QCiL Net Costs/Savings Adjustment, QCiL Lost Revenues Adjustment, QCiL Construction Payment or QCiL Operations Cessation Payment shall be calculated at and be effective from the QCiL Compensation Date.

  • The Strike Price adjustment referred to in Clause 24.5 shall be by an amount expressed in pounds per MWh equal to the net present value as at the QCiL Compensation Date (applying the Discount Rate) of the QCiL Net Operating Costs or QCiL Net Operating Savings, as applicable, in the period from and including the QCiL Compensation Date to the end of the Term, divided by the Effective Projected Generation as at that date.

  • QCiL Compensation: The form of the QCiL Compensation provisions in the DPA may be based on the AR3 CfD and may broadly follow the 'no better, no worse' principles of the AR3 CfD (i.e. to place the parties in the position they would have been in had the QCiL not occurred).

  • Qualifying Change in Law (QCiL) See 5.1. For QCiL Compensation, see 5.2. Qualifying Shutdown Events See 5.3. CO2 Transport and Storage For CO2 T&S Commissioning Delay Relief, see 2.7. For the treatment of CO2 T&S Outage Relief Events, see 4.19.


More Definitions of QCiL Compensation

QCiL Compensation means: (i) a QCiL Opex Payment; (ii) a QCiL Capex Payment;(iii) a QCiL Adjusted Revenues Payment; (iv) a QCiL Construction Event Payment; (v) a QCiL Operations Cessation Event Payment; and (vi) any combination of any of the foregoing;
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Related to QCiL Compensation

  • Final compensation of a member means:

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.