Participant Incentive definition

Participant Incentive means financial assistance for Eligible Costs which shall be in an amount determined by the LDC:

Participant Incentive means funding that may be paid by the LDC to the Participant pursuant to this Agreement.

Participant Incentive means, in respect of the Retrofit Program, the financial incentives paid or payable to a Participant calculated by the IESO in accordance with the Program Requirements and this Agreement. For greater certainty, Participant Incentive includes a Custom Incentive, a Prescriptive Incentive, a Combination Incentive and a Social Housing Adder.

Examples of Participant Incentive in a sentence

• Upon the completion and verification of each Project, the LDC will recalculate the amount of the Participant Incentive based upon the best available information at such time subject, however to the limitation that the recalculated Participant Incentive may not be more than 10% greater than the estimated Participant Incentive in the Application.

• A Participant may however submit an Application to amend the scope of a Project prior to the completion of that Project, where such change in Project will result in a greater than 10% increase to the Participant Incentive.

• If the Participant is a Social Housing Provider and the Project for which that Advance Incentive was made has not been completed within one year of the date the Application was approved, the Participant will no longer be eligible to receive the Social Housing Adder, and any Advance Incentive previously advanced will be repaid to the LDC or the LDC will be entitled to set‐off such amount from any Participant Incentive that may become payable.

• The Participant will maintain, or will cause to be maintained, all of the equipment and improvements implemented through each Project in good working order and will operate and maintain, or will cause to be operated and maintained, such equipment and improvements without any modification for a continuous period of 48 months or until December 31, 2020 whichever is longer (the “Period”) starting on the first day of the month immediately following the month in which the LDC pays the Participant Incentive.

• The LDC will, subject to the terms and conditions of this Second Amended and Restated Participant Agreement (the “Agreement”) and the Application, pay to the Participant a Participant Incentive for the implementation of each Project described in the approved Application.

More Definitions of Participant Incentive

Participant Incentive means 75% of the Costs of Hiring an Energy Manager for one (1) year, up to a maximum of $80,000.

Participant Incentive means the funding provided by the Minister under this Agreement and requested and subsequently (adjusted in advance of approval) and ultimately approved in the Application by the Delivery Organization;

Participant Incentive means the percentage of Actual Eligible Earnings the Participant receives in an Award.

Participant Incentive means any arrangement by a provider:

Participant Incentive means, in respect of the Program, the financial incentives paid or payable to the Participant in accordance with the Participant Agreement.

Participant Incentive means the incentives provided to a Participant, approved by the IESO or the Program Delivery Agent in accordance with the Program Requirements and the Participant Agreement.

Participant Incentive means the dollar amount paid or to be paid to a Participant for a Project per the calculations provided in Section 2.