Comverge definition

Comverge means Comverge, Inc.

Comverge means Comverge, Inc., a Delaware corporation.

Comverge has authority to execute, deliver, and perform its obligations under this Agreement;

Examples of Comverge in a sentence

• Inc., CPower, EnerNOC, Inc., and EnergyHub (collectively, the “Joint DR Parties”), “Joint Protest of Comverge, CPower, EnerNOC, Inc, and EnergyHub to Advice Letter 3466-E, et al, 2018 DRAM Pilot,” September 21, 2016, p.

• Inc., Energy Connect, Comverge, Inc., Ancillary Services Coalition, and California Large Energy Consumers Association.

• It is possible that Comverge is referring to Out-Of-Market Dispatch, i.e., RTO or ISO dispatch actions that are not reflected in the ISO’s real-time market prices.

• It is not entirely clear what service Comverge is referring to here.

• On May 11, 2015, AL 3208-E et al were timely protested by Olivine, Inc., Office of Ratepayer Advocates (“ORA”), California Large Energy Consumers Association (“CLECA”), South Coast Air Quality Management District (“SCAQMD”), Sierra Club, and EnerNOC, Inc., Johnson Controls, Inc., Comverge, Inc., and Enerwise Global Technologies, Inc.

• Several commenters state that demand response providers should be allowed to sell into the ancillary services markets without being required to sell into the energy market.112 Comverge is in favor of this, but notes that demand response providers should also be allowed to sell into the energy market on a voluntary basis.

• Inc., Energy Connect, Comverge, Inc., North America Power Partners, and Viridity Energy, Inc.

• Inc., Energy Connect (Johnson Controls, Inc.), Comverge, Inc., North America Power Partners (NAPP), and Viridity Energy, Inc., on the Joint Assigned Commissioner/ALJ Ruling on Questions Arising from FERC Orders 745 and 745-A at 3 quoting 18 CFR §35.28(b)(4).

• H., Bartlein, P.J. (1999) Atlas of Relationships Between Climatic Parameters and the Distribution of Important Trees and Shrubs in North America.

• The following parties filed comments on the Utilities’ Implementation Proposal on March 3, 2017: EnerNoc, Inc., Comverge, Inc., CPower, and EnergyHub (together the Joint Demand Response Parties); Marin Clean Energy; Office of Ratepayer Advocates (ORA); and Shell Energy North America (Shell).

More Definitions of Comverge

Comverge is defined in the preamble hereof.

Comverge or the “Company”). As you are aware, on March 26, 2012 Comverge announced that it had reached an agreement to be acquired by H.I.G. Capital, LLC (“H.I.G.”) for a price of $1.75 per share. To put it simply, we are extremely disappointed with the price, terms and structure of this proposed acquisition and the actions taken by the Board of Directors (the “Board”) in furtherance thereof. The proposed acquisition values Comverge at less than $50 million which, in our view, is a grossly inadequate equity valuation for a company with a $500 million multi-year backlog, more than 500 utility and commercial clients, and a leading edge technology platform. By our calculations, the offer price also represents a significant discount to the valuation of the Company’s primary publicly traded peer, EnerNOC, Inc. (Nasdaq: ENOC). Even more troubling, H.I.G. could potentially reap payments worth up to 14% or more of the deal value in the event the deal is terminated, including up to $1.9 million in break-up fees, up to $1.5 million in expense reimbursements, and up to $3 million or more of profits upon conversion of its new convertible note to common shares (we view this bridge loan as essentially a second break-up fee designed to have a chilling effect on the ability of a third-party to submit a competing bid). Further, Comverge has only a short period of time, just 40 days, to “go shop” for a superior deal, even as H.I.G. retains a right of first refusal to match any superior offer. In short, we believe this deal is a lemon and we seriously question whether the Board has met its fiduciary obligations to shareholders. In a letter to Chairman Xxxx Xxxxxx and CEO Xxxxx Xxxxx dated March 15, 2012, we argued that existing shareholders should have the opportunity to participate pro-rata in any financing. We further expressed our willingness to participate in a rights offering and stated that we would even consider backstopping a larger rights offering or bridging the Company to the completion of such an offering. We believe it is more than likely that other shareholders would have similarly stepped up to refinance the Company rather than see it sold for a song to an opportunistic offeror. One must wonder what “package” Comverge’s management will receive from H.I.G. to remain with the Company. While we have not yet decided on next steps, we believe Comverge remains an undervalued asset. We believe the Board, in the exercise of its fiduciary duties, should immediately withdraw its...