Tier 1 Percentage definition

Tier 1 Percentage. For First Lien Loans and First Out Loans, the percentage obtained by dividing (x) the Tier 1 Leverage Ratio by (y) the Leverage Ratio.
Tier 1 Percentage means the Specified Increment of each Trust Preferred Security or Class B Preferred Security, as applicable, with respect to which Tier 1 Qualification Elections have been made after giving effect to such elections.
Tier 1 Percentage means fifty-five percent (55%).

Examples of Tier 1 Percentage in a sentence

  • Installed Capacity shall equal (i) the Nameplate Capacity of a Bid Facility that receives a Statement of Qualification (SoQ) and achieves Operational Certification multiplied by (ii) the Bid Quantity Percentage [for Upgrades, multiplied by (iii) the Incremental Upgrade Percentage] [or for Repowerings, multiplied by (iii) the Tier-1 Percentage].


More Definitions of Tier 1 Percentage

Tier 1 Percentage means the Specified Increment of each Class B Preferred Security with respect to which Tier 1 Qualification Elections have been made and the Specified Increment of each Trust Preferred Security that is reclassified as a result of such Tier 1 Qualification Election, as applicable, in each case from and after the first day of the Payment Period during which such Tier 1 Qualification Election occurs.
Tier 1 Percentage means fifty-four percent (54%).
Tier 1 Percentage. For a Repowering, the quantity of generation from the Bid Facility, expressed as a percentage associated with specific date ranges, as stated in Schedule 3 of this Agreement, that meets the Repowering requirements of the 2020 CES Order, as may be amended by the PSC.] Tier-1 Renewable Energy Certificate (REC): The electronic record of generation data created by XXXXXX and representing all of the attributes of one MWh of electricity generation from a RES Tier-1 Bid Facility registered with the NYGATS tracking system. The attributes represented in each Tier-1 REC include all environmental characteristics, claims, credits, benefits, emissions reductions, offsets, allowances, and allocations, however characterized, denominated, measured or entitled, attributable to the generation of Actual Eligible Production by a Bid Facility, including but not limited to: (i) any direct emissions or any avoided emissions of pollutants to the air, soil or water including but not limited to sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO), particulate matter and other pollutants; (ii) any direct or avoided emissions of carbon dioxide (CO2), methane (CH4) and other greenhouse gases (“GHGs”) that have been or may be determined by the United Nations Intergovernmental Panel on Climate Change to contribute to the actual or potential threat of altering the Earth’s climate by trapping heat in the atmosphere; (iii) all set-aside allowances and/or allocations from emissions trading programs made unnecessary for compliance in such program as a result of performance under this Agreement, including but not limited to allocations available under 6 NYCRR §§ 204, 237 and 238; and (iv) all credits, certificates, registrations, recordations, or other memorializations of whatever type or sort, representing any of the above. Transfer/Transferred: The delivery of Tier-1 RECs to the NYSERDA NYGATS Account designated by NYSERDA. [Upgrade: The investments made to the existing [Name of Bid Facility] associated with the [improvements] that cause an increase in renewable generation incremental to a historical baseline level of generation by the Bid Facility, as proposed by Seller in the Application for Qualification and Bid Proposal in response to RESRFP22-1 and determined through the Statement of Qualification and the Operational Certification process.] Verified MWBE and SDVOB Dollars: The total dollar amount that accrued specifically to New York State certified MWBEs and New York State...
Tier 1 Percentage. For a Repowering, the quantity of generation from the Bid Facility, expressed as a percentage associated with specific date ranges, as stated in Schedule 3 of this Agreement, that meets the Repowering requirements of the 2020 CES Order, as may be amended by the PSC.]
Tier 1 Percentage means forty percent (40%).
Tier 1 Percentage. Tier 2 Advance Rate” 64% 52% For First Lien Loans and First Out Loans, the percentage obtained by dividing (x) the Tier 1 Leverage Ratio by (y) the Leverage Ratio. Loan Balance” “Tier 2 Leverage Ratio” For each Eligible Loan, shall be determined as follows: (a)
Tier 1 Percentage means the portion of each Trust Preferred Security or Class B Preferred Security, as applicable, with respect to which Tier 1 Qualification Elections have been made after giving effect to such elections.