USSP definition

USSP means utility-scale solar project as defined in G.S. 130A-309.240(a). The Department's determination of whether a USSP meets the threshold in the statute definition of being "capable of generating 2 megawatts AC" shall be consistent with the determination made by the NC Utilities Commission as to whether a generating facility meets the two-megawatt capacity threshold for certification requirements pursuant to G.S. 62-110.1(g).
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Examples of USSP in a sentence

  • All New Board decisions on significant corporate events, including sale, acquisition or disposition of non-immaterial assets and initiating any initial public offering of Reorganized USSP will comply with Delaware law and require the approval of at least a majority of the non-management directors who are U.S. Citizens (a “Super Majority”).

  • Reorganized USSP shall be prohibited, without the prior consent of the Agent for the New Term Loan lenders, from making capital expenditures other than capital expenditures (i) for dry docks and UWILD inspections, (ii) as necessary to maintain all existing assets in a proper condition as required by law or customers or (iii) as set forth in a capital expenditures budget approved by the New Board and consented to by the Agent for the New Term Loan lenders, such consent not to be unreasonably withheld.

  • Holders of USSP Prepetition Equity Interests shall not be required to surrender their certificates or other interests evidencing ownership of such Prepetition Equity Interests.

  • The structure of the Reorganized Debtors shall be such that, at all times, the president, chief executive officer or chairman will be able to state in an Affidavit of U.S. Citizenship that by no means whatsoever is control of more than twenty-five percent (25%) of any equity interest in the Reorganized USSP given or permitted to be exercised by a person who is not a U.S. Citizen.

  • Through the Plan, all existing partnership and other equity interests in USSP (the “USSP Prepetition Equity Interests”) shall be deemed cancelled and extinguished.

  • New common stock, par value $.001 per share (“New Common Stock”), and warrants to purchase New Common Stock (“Warrants”) shall be issued to the Senior Secured Lenders and holders of the Second Lien Notes (the “Second Lien Noteholders,”) in reorganized USSP (“Reorganized USSP”).

  • USSP and the Steering Committee may by agreement alter the allocation of the New Term Loan between the New Senior Debt and the New Junior Debt prior to confirmation of the Plan, in consultation within their tax advisors.

  • In the event that USSP fails to make the foregoing disclosure prior to the opening of the market on the day following the Filing Date, any of the Secured Parties may publicly disclose this Agreement, including the Term Sheet (subject to any redactions required hereby).

  • Top 10 of UK Universities for spin- out value; Achieve top 10% of UK Universities for funding obtained in collaboration; IP Commercialisation; Enterprise Units; Facilities Access; USSP expansion of services; Student Enterprise; Business Incubation & Acceleration.

  • Each youth also has an active treatment plan, either an Initial Supervision and Service Plan (ISSP) or an Updated Supervision and Service Plan (USSP).

Related to USSP

  • SSP is the amount of the Salary Severance Payment, before the deduction of applicable federal, state and local withholding taxes;

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • MCIP means (i) the joint county industrial park established pursuant to the terms of the MCIP Agreement and (ii) any joint county industrial park created pursuant to a successor park agreement delivered by the County and a partner county in accordance with Section 4-1-170 of the MCIP Act, or any successor provision, with respect to the Project.

  • Plan Support Agreement has the meaning set forth in the Recitals.

  • OpCo has the meaning set forth in the Preamble.