Participation Term definition

Participation Term means the term of this Agreement plus five (5) years after a termination under paragraphs 6.1.1 or 6.3 of this Agreement.
Participation Term means have the meaning given in subsection 2.2.3(f).
Participation Term. Customer agrees to participate in Green Generation Program for a term of Months (minimum of 12 month term). PART II, TERMS AND CONDITIONS, is attached hereto and is a part of this Agreement. CUSTOMER ACKNOWLEDGES HAVING READ SAID TERMS AND CONDITIONS. CONSUMERS ENERGY COMPANY (Customer) By: By: (Signature) (Signature) (Print or Type Name) (Print or Type Name) Title: Title: GREEN GENERATION PROGRAM TERMS AND CONDITIONS Summary of Participation – Terms for Consumers Energy’s Green Generation Program Green Generation is governed by the tariff which is approved by the Michigan Public Service Commission (MPSC) and the information contained in this document is a summary of the terms governing customer participation in the Green Generation Program. The Green Generation Program offers Consumers Energy’s full-service electric customers the opportunity to par- ticipate in a voluntary program that promotes the development of renewable resources in Michigan and the Midwest. The Green Generation Program is authorized by the MPSC, and participation in the program is subject to the provisions contained in Consumers Energy’s Electric Rate Book, Rule C10.2, Green Generation Program. Consumers Energy is purchasing renewable energy from a number of qualified renewable generating facilities in the state of Michigan. Supply for the Green Generation Program is produced in Michigan and is made up of approximately 70% wind, 30% biomass. The energy produced from these suppliers is placed on the electric grid together with the energy being supplied from all other generation sources. Consumers Energy makes no representation that energy from specific facilities is delivered directly to customers participating in the Green Generation Program. Renewable Energy Credits (RECs) will be retired annually in an amount equal to the generation associated with customer participation. In order to maximize the number of customers eligible to participate in the Green Generation Program, the Company may limit the number of Green Generation Program Participation Certificates, otherwise referred to as Blocks, available for the discounted premium to 25% of the total renewable electric energy procured for the Green Generation Program. In the event the amount of energy represented by the customer’s selected number of Green Generation Program Blocks exceeds the customer’s actual kWh consumption for the billing period, no reconciliation shall be made on the customer’s billing. In the event of a shortfall ...

Examples of Participation Term in a sentence

  • All material particulars of the Participation Term Certificates including conditions governing the issue, details of guarantee/ securities, trustees and name of the subscribing institution(s).

  • Subscription to or investment in shares, Participation Term Certificates, Term Finance Certificates or any other Commercial Paper by whatever name called (at book value) issued or guaranteed by the persons.

  • Notwithstanding the foregoing, if the Parties enter into a Global License Agreement for a given Program, then the Participation Term Extension for such Program shall automatically end and this Agreement shall no longer apply with respect to such Program (except as otherwise expressly set forth herein).

  • To the extent a Current Membership Agreement is scheduled to expire prior to the end of the Participation Term, the term of such Current Membership Agreement shall be extended to be coterminous with the Participation Term.

  • Subscription to or investment in shares, Participation Term Certificates, Term Finance Certificates, Sukuk or any other Commercial Paper by whatever name called issued or guaranteed by the persons.

  • During the Merck Participation Term for a given Program, prior to [***] shall be responsible for individual and aggregate safety reporting for any Clinical Studies involving the applicable Collaboration Product for such Program (as applicable), [***] shall provide [***] an electronic copy of the [***].

  • During the Merck Participation Term for a given Program, each Party shall provide to the other, as necessary, a cross-reference letter or similar communication to the applicable Regulatory Authority to effectuate the Right of Reference such other Party’s Other Component(s) that are included in a Development Plan.

  • To the extent such annual dues were paid in advance, the Participation Fee will be reduced by the amount of such fees paid in advance under the Current Membership Agreement for the period falling into the Participation Term.

  • During the Merck Participation Term for a given Program, the JDC will oversee the conduct of the Development of Collaboration Products.

  • The Y-axis gives the marginal costs of the marginal generation unit.


More Definitions of Participation Term

Participation Term has the meaning set forth in Section 2.3 herein. “TIP” has the meaning set forth above.
Participation Term means: (i) the Initial Participation Period as defined above; and (ii) any and all Renewal Participation Periods thereafter.
Participation Term. The Customer will participate in passive dispatch activities for the term of this agreement.

Related to Participation Term

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Participation Notice has the meaning set forth in Section 4.2;

  • Participation Amount as defined in Section 3.4(b).

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Effective date of participation means July 1, 1968, except with

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Index and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 9 March 2018 is 200% (in any case, it will not be below 170%).

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Extension Term means the time period defined in §2.C.