Resulting payment definition

Resulting payment. Seller pays the sum of (i) the Collateral Requirement with respect to such Designated System and (ii) one hundred percent (100%) of the total payments Seller has received from Buyer associated with RECs from such Designated System.
Resulting payment. Seller pays (i) the Collateral Requirement calculated at the time of the issuance of the fourth (4th) Community Solar Quarterly Report and (ii) if payments have been made to Seller with respect to the Designated System, Seller shall make a payment adjustment to Buyer based on the Contract Price recorded at Energization and on the difference between the number of RECs used to calculate payment and the number of RECs Delivered from such Designated System. Buyer may draw on Seller’s Performance Assurance for purposes of the aforementioned payment adjustment.
Resulting payment. Seller pays to Buyer the Collateral Requirement associated with the Designated System plus any extension fees associated with such Designated System that have been paid by Seller to Buyer.

Examples of Resulting payment in a sentence

  • Resulting payment shall be freely transferable in a freely convertible currency without delay.

  • Pull these cards from the shelf list drawers.‐ Go through the cards of withdrawn items to decide which ones should be reordered, or should have some kind of replacement ordered.

  • Resulting payment: Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System.

  • Resulting payment will be Medicaid allowable minus TPL Amount Paid.

  • Resulting payment amounts were combined to determine our current risk transfer relative to the market.


More Definitions of Resulting payment

Resulting payment. Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System. This forfeited amount may be re-credited to Seller as Performance Assurance (and refunded to Seller to the extent in excess of required Performance Assurance Requirement) if a new SFA application of the Designated System is approved by the ICC for inclusion in this Agreement or an agreement between Buyer and Seller under the SFA within three hundred sixty five (365) days of the date of the written notice from the IPA requesting the removal, and the IPA so notifies Buyer.
Resulting payment. Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System. I: The Designated System’s Actual Nameplate Capacity differs from the Proposed Nameplate Capacity by more than the greater of 5kW or 25% of the Proposed Nameplate Capacity, so the Designated System was automatically removed pursuant to Section 2.5(b).
Resulting payment. Seller pays the sum of (i) the Collateral Requirement with respect to such Designated System and (ii) one hundred percent (100%) of the total payments Seller has received from Buyer associated with RECs from such Designated System. EXHIBIT B Contact Information for Notices All notices to the Illinois Power Agency to be sent to: Party A: Party B: All Notices: All Notices: Street: Street: City: City: State and ZIP: Attn: State and ZIP: Attn: Phone: Phone: Email: Email: Federal Tax ID Number: Federal Tax ID Number: Invoices: Invoices: Attn: Attn: Phone: Phone: Email: Email: With a copy to: With a copy to: Attn: Attn: Phone: Phone: Email: Email: Payments: Payments: Attn: Attn: Phone: Phone: Email: Email: Wire Transfer: Wire Transfer: BNK: BNK: ABA: ABA: ACCT: ACCT:
Resulting payment. Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System. This forfeited amount may be re- credited to Seller as Performance Assurance (and refunded to Seller to the extent in excess of required Performance Assurance Requirement) if a new ABP application of the Designated System is approved by the ICC for inclusion in this Agreement or an agreement between Buyer and Seller under the ABP within three hundred sixty five (365) days of the date of the written notice from Seller requesting removal and the IPA so notifies Buyer. If the previously forfeited amount is not entirely required to meet the Collateral Requirement of such newly approved Designated System as required by the previous sentence, the excess amount will be refunded to Seller.
Resulting payment. Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System. J: The IPA determined in its reasonable discretion that the Designated System is in material non- conformance with requirements of the ABP; or is materially non-conforming with the information previously submitted by Seller to the IPA about that Designated System, and the Seller did not cure the deficiency within twenty (20) Business Days (plus any extensions for good cause granted by the IPA); the IPA then exercised its right to remove the Designated System, pursuant to Section 2.4(f) and so notified Buyer and Seller.
Resulting payment. Seller pays the Collateral Requirement with respect to such Designated System. If Seller has received any Advance of Capital, Seller shall return such Advance of Capital in accordance with Section 5.6.
Resulting payment. Seller forfeits the portion of previously posted Performance Assurance equal to the Collateral Requirement associated with the Designated System plus any extension fees associated with such Designated System that have been paid by Seller to Buyer. O: With respect to a Designated System that is a Community Renewable Energy Generation Project, if the Community Solar Subscription Mix is less than fifty percent (50%) for the Quarterly Period reported in the fourth (4th) Community Solar Quarterly Report and Seller (i) fails to provide an addendum to the fourth (4th) Community Solar Quarterly Report or (ii) if the Community Solar Subscription Mix remains less than fifty percent (50%) for the additional Quarterly Period or extended cure period reported in the addendum to the fourth (4th) Community Solar Quarterly Report, then the Designated System shall be removed pursuant to Section 2.6(c).