Term of PPA definition

Term of PPA means the period from the Execution Date until the Expiry Date;
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Term of PPA shall have the meaning ascribed thereto in ARTICLE 2: of this PPA;
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Term of PPA means the duration of 25 (twenty-five) years from the date of COD of the last commissioned rooftop solar system
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Examples of Term of PPA in a sentence

  • In addition the Procurer shall have the first right for the balance power from the Project for the Term of PPA, and the Seller shall be under an obligation to offerthe same to the Procurer before selling it in the market or to a third party.

  • The SPG shall effect and maintain or cause to be affected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co-insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.

  • Procurer agrees to purchase one hundred percent (100%) of the solar energy generated by the Project and made available by the SPD to Procurer at the Delivery Point(s), during each Operational Year of the Term of PPA.

  • The SPG shall be responsible for owning the Project throughout the Term of PPA.

  • Any impact due to a ‘Change in Law’ event for the duration from Bid Deadline till the Execution Date shall be evaluated by Nodal Agency in consultation with Procurer and passed on as a change in Quoted Tariff, after the project completion, for such period of the Term of PPA as may be reasonable.

  • The Seller shall effect and maintain or cause to be effected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co-insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.

  • Not later than the twentieth (20th) anniversary of the Commercial Operations Date and unless this Agreement has been terminated prior to such date, at the request of either Party, the [Name of the Company] and the Waste Supplier agree to enter into good faith negotiations for a renewal of this Agreement on terms and conditions mutually agreed by the Parties subject to extension of the Term of PPA, IA and LLA.

  • Procurer, in coordination with SPD, shall ensure that all arrangements and infrastructure for transmission or/ and distribution of solar power beyond the Delivery Point(s) are ready on or prior to the COD and is maintained in such state in accordance with applicable laws through the Term of PPA.

  • The SPD shall have access to Premises, as reasonably permitted by the Procurer, to perform the works related to Completion, Commissioning and O&M during the Term of PPA at the Premises in a manner that minimizes inconvenience to and interference with the use of the Premises to the extent commercially practical for the purpose of the Project.

  • The SPG shall effect and maintain or cause to be affected and maintained, at its own cost and expense, throughout the Term of PPA, Insurances against such risks, with such deductibles and with such endorsements and co- insured(s), which the Prudent Utility Practices would ordinarily merit maintenance of and as required under the Financing Agreements.


More Definitions of Term of PPA

Term of PPA means the period from the Effective Date until the Expiry
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Related to Term of PPA

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Term of the Agreement shall have the same meaning as provided for in Article 7 of this Agreement.

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Initial Term has the meaning set forth in Section 7.1.

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Term of Pledge shall refer to the term set forth in Section 3 of this Agreement.

  • Form of Agreement means the form of agreement contained in Part D of the RFP;

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Term of this Lease or “Term” means the time during which this Lease is in effect, as provided for in Article 3 of this Site Lease.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • (2) STATE.—The term State’ means each of the 50 States, the District of Columbia, and the Commonwealth of Puerto Rico.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Commencement Date means the date fourteen (14) days after the date the Contract comes into effect or any other date named in the Contract Data.

  • (1) IN GENERAL.—The term qualified trade or business’ means any trade or business other than—

  • Extension Term means the time period defined in §2.C.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.