GHG Credits definition

GHG Credits means greenhouse gas credits or allowances, including all attributes associated with renewable energy, associated with the displacement of generation from greenhouse gas emitting facilities;
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GHG Credits has the meaning set forth in Section 15.03(db)(iii).
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GHG Credits has the meaning set forth in Section 11.03(d)(iii).
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Examples of GHG Credits in a sentence

  • NLH shall take title to the Delivered Energy upon delivery to the Delivery Points and upon such delivery, NLH shall receive title to all associated Ancillary Services and GHG Credits associated with the Delivered Energy.

  • The proportional amount of Non-AB 32 GHG Credits or revenues, as applicable, to be utilized by Seller to mitigate the GHG Charges otherwise reimbursable by SCE shall be calculated based on the method, formula or other similar calculation by which the Governmental Authority used to determine the amount of such credits or revenues attributable to each Generating Unit compared to the sum of all Non-AB 32 GHG Credits or revenues for all generating units within Seller’s fleet.

  • For purposes of this Section 15.03(d), all references to “Seller” shall be deemed to include Seller’s parent company, holding company or other entity to which GHG Credits and/or revenue may be or have been allocated to or given rights to obtain for the Project.

  • In the event that Seller is allocated, issued or has the right to obtain Non-AB 32 GHG Credits or revenues (as described in Section 15.02(e) above) for a period of time which may not be limited to Put Delivery Periods, then Seller shall utilize a proportional amount of such Non-AB 32 GHG Credits or revenues to mitigate the GHG Charges otherwise reimbursable by SCE at no cost to SCE.

  • To give effect to Section 4.7(a), Muskrat hereby assigns to NLH, unconditionally and absolutely, all of its right, title and interest in and to all of the GHG Credits attributable to the Delivered Energy free and clear of any encumbrances.

  • Such assignment shall be effective from time to time as and when such GHG Credits have been created and the associated Energy is delivered to NLH.

  • At SCE’s request, Seller shall furnish information pertaining to the aggregate quantity of GHG Credits or Non-AB 32 GHG Credits or revenues allocated by CARB (and/or any other Governmental Authority) to Seller, any of Seller’s Affiliates, and/or the Generating Unit(s) for Greenhouse Gas attributable to the Project during the Delivery Period (or any portion thereof).

  • In the event that Seller is allocated, issued or has the right to obtain Non-AB 32 GHG Credits or revenues (as described in Section 15.02(e) above) for a portion of, or its entire fleet of generating units, then Seller shall utilize a proportional amount of such Non-AB 32 GHG Credits or revenues to mitigate the GHG Charges otherwise reimbursable by SCE at no cost to SCE.

  • Allocated, issued or has the right to obtain GHG Credits for a portion of, or its entire fleet of generating units (all or some of the generating units owned, managed, or controlled by Seller that are subject to the GHG Regulations) (“Seller’s Fleet”), then Seller shall obtain and utilize a proportional amount of such GHG Credits to mitigate SCE’s AB 32 Reimbursement Obligation at no cost to SCE.

  • In the event before or during the Term Seller is: Allocated, issued, or has the right to obtain, at no cost to Seller, any GHG Credits to offset or reduce Seller’s AB 32 Compliance Obligation, then Seller shall obtain and utilize such GHG Credits to mitigate SCE’s AB 32 Reimbursement Obligation at no cost to SCE.


More Definitions of GHG Credits

GHG Credits means any instrument, credit, offset, allowance or similar right to emit Greenhouse Gas issued by a Governmental Authority in accordance with Legal Requirements or any revenues which are allocated to or received by any Person or generating facility associated with any GHG emissions or the avoidance of or reduction in the production of GHG emissions.
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GHG Credits means units used to determine compliance with the green house gas emissions standards established by U.S. Environmental Protection Agency’s light-duty vehicle greenhouse gas emissions standards program discussed in the EPA GHG Emissions Regulations.
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GHG Credits means units used to determine compliance with the green house gas emissions standards established by U.S. Environmental Protection Agency’s light-duty vehicle greenhouse gas emissions standards program discussed in the EPA GHG Emissions Regulations.
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Related to GHG Credits

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Credits means the Federal and State Housing Tax Credit program.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Emission Reduction Credits means emission reductions that have been authorized by a local air pollution control district pursuant to California Health and Safety Code, Division 26 Air Resources, Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • Company Matching Contributions means the Company contributions described in Section 3.4.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Service Level Credit is defined in Section 8.

  • Service credit year means an accumulation of months of

  • Death master file match means a search of the death master file that results in a match of the social security number or the name and date of birth of an insured, an annuity owner or a retained asset account holder.[PL 2017, c. 129, §1 (NEW).]

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Employer Contributions means all amounts paid into ASRS by an

  • Seller credit card means either of the following:

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Company Credit Agreement means that certain Credit Agreement, dated as of January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.