Class of Resource means the type of generating unit associated with a Designated System as specified in Schedule A or Schedule B to the Product Order that is applicable to such Designated System; namely either a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.
Class of Resource means the type of generating unit associated with the Project as specified in the Product Order of the Agreement.
Class of Resource means the specific Renewable Energy Source associated with the Project as specified in Table 1 of the REC Contract.” The following is added as Section 1.15.2:
Examples of Class of Resource in a sentence
The Project is from the Class of Resource indicated in the Product Order and meets the requirements specified in the IPA Act or rules promulgated by the ICC for the designated Class of Resource.
More Definitions of Class of Resource
Class of Resource means one of the following: (a) wind energy resources from Illinois or states adjacent to Illinois (“ASW”): Michigan, Wisconsin, Indiana, Iowa, Kentucky and Missouri (the “Adjacent States”); (b) non-wind energy resources from Illinois or the Adjacent States (“ASN”); (c) wind energy resources from states other than Illinois and the Adjacent States (“OSW”); or (d) non-wind energy resources from states other than Illinois and the Adjacent States (“OSN”).
Class of Resource means the specific Renewable Energy Source associated with the Project as specified in Table 1 of the REC Contract.” The following is added as Section 1.15.2: ““Collateral Requirement” shall be equal to four dollars ($4) times the Annual Quantity; provided that if the Collateral Requirement is calculated to be less than $20,000, then the Collateral Requirement shall be $20,000. The Collateral Requirement for the last Delivery Year shall be reduced, if applicable, to reflect an amount equal to the product of the Delivery Year Requirement for the last Delivery Year and four dollars ($4). Any Performance Assurance held at the time of the last payment will be returned to the Seller on or around the date on which Buyer makes the final payment under the REC Contract.” The definition of “Credit Rating” in Section 1.18 is replaced in its entirety with the following:
Class of Resource means one of the following: (a) photovoltaic energy resources from Illinois or Michigan, Wisconsin, Indiana, Iowa, Kentucky and Missouri (the “Adjacent States”) (“IAP”) or (b) photovoltaic energy resources from states other than Illinois or the Adjacent States (“OSP”).
Class of Resource means one of the following: : (a) wind energy resources from Illinois or states adjacent to Illinois (“IAW”): Michigan, Wisconsin, Indiana, Iowa, Kentucky and Missouri (the “Adjacent States”); (b) photovoltaic energy resources from Illinois or the Adjacent States (“IAP”); (c) renewable energy resources from Illinois or the Adjacent States from the following: (i) solar thermal, (ii) untreated and unadulterated organic waste biomass, (iii) hydropower that does not involve new construction or significant expansion of hydropower dams, (iv) anaerobic digesters and (v) landfill gas in Illinois (collectively “IANG”); (d) renewable energy resources from Illinois or the Adjacent States not included in the sources identified in (a), (b) or (c) above, that has been presented by the Seller during the qualification process of the REC RFP to which this Agreement is applicable and that the IPA has agreed is eligible as a renewable energy resource under the Applicable Program (“IANS”); (e) wind energy resources from states other than Illinois and the Adjacent States (“OSW”); (f) photovoltaic energy resources from states other than Illinois or the Adjacent States (“OSP”); (g) renewable energy resources from states other than Illinois or the Adjacent States from the following: (i) solar thermal, (ii) untreated and unadulterated organic waste biomass, (iii) hydropower that does not involve new construction or significant expansion of hydropower dams, and (iv) anaerobic digesters (collectively “OSNG”); or (h) renewable energy resources from states other than Illinois or the Adjacent States not included in the sources identified in (e), (f) or (g) above, that has been presented by the Seller during the qualification process of the REC RFP to which this Agreement is applicable and that the IPA has agreed is eligible as a renewable energy resource under the Applicable Program (“OSNS”).
Class of Resource means one of the following: : (a) wind energy resources from Illinois or states adjacent to Illinois (“IAW”): Michigan, Wisconsin, Indiana, Iowa, Kentucky and Missouri (the “Adjacent States”); (b) photovoltaic energy resources from Illinois or the Adjacent States (“IAP”); (c) renewable energy resources from Illinois or the Adjacent States from the following: (i) solar thermal, (ii) untreated and unadulterated organic waste biomass, (iii) hydropower that does not involve new construction or significant expansion of hydropower dams, (iv) anaerobic digesters and (v) landfill gas in Illinois (collectively “IANG”); (d) renewable energy resources from Illinois or the Adjacent States not included in the sources identified in (a), (b) or (c) above, that has been presented by the Seller during the qualification process of the REC RFP to which this Agreement is applicable and that the IPA has agreed is eligible as a renewable energy resource under the Applicable Program (“IANS”);
Class of Resource means the specific Renewable Energy Sourcetype of generating unit associated with the Project as specified in Table 1the Product Order of the REC ContractAgreement.
Class of Resource means one of the following: (a) Illinois wind energy resources (“ILW”); (b) Illinois non-wind energy resources (“ILN”); (c) wind energy resources from Illinois or states adjacent to Illinois (“ASW”): Michigan, Wisconsin, Indiana, Iowa, Kentucky and Missouri (the “Adjacent States”); (db) non-wind energy resources from Illinois or the Adjacent States (“ASN”); (ec) wind energy resources from states other than Illinois and the Adjacent States (“OSW”); or (fd) non-wind energy resources from states other than Illinois and the Adjacent States (“OSN”).