RESS 1 Project definition

RESS 1 Project means a renewable energy project in receipt of a RESS 1 Letter of Offer and one which has also signed a RESS 1 Implementation Agreement.
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RESS 1 Project means a renewable energy project, as detailed in an Application for Qualification.
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Examples of RESS 1 Project in a sentence

  • In the event that, at the end of the term of RESS 1 Support for a RESS 1 Project or after a RESS 1 Project has exited RESS 1 pursuant to the provisions in these Terms and Conditions, the final reconciliation calculation indicates that there is an amount due from the Supplier, such amount will be the joint and several responsibility of the Supplier and the Generator.

  • This provision will apply to the RESS 1 Project without regard to ownership of the RESS 1 Project after the final year of RESS 1 Support.

  • RESS 1 Support will be eligible to commence upon the Commercial Operation of the RESS 1 Project or on 1 July 2021 (whichever is later), subject always to the RESS 1 Project having been listed in the PSO Order.

  • The Letter of Offer will contain a unique RESS 1 reference number in respect of the RESS 1 Project.

  • As a condition of qualification for the RESS 1 Auction, the RESS 1 Project must be located in Ireland.

  • In the event that market revenues exceed costs, payments will flow from the Supplier to the PPA for the RESS 1 Project in the direction of the PSO.

  • If successful in the RESS 1 Auction, this Offer Price shall be the ‘strike price’ for that Qualified Applicant used to settle the FIP for the RESS 1 Project (the “ Strike Price”).

  • Strike PriceEach Qualified Applicant will be required to specify an Offer Price for its RESS 1 Project in the RESS 1 Auction.

  • In the event that the Implementation Agreement has not been executed and (where applicable) a Performance Bond has not been provided within 30 Working Days of being notified that it has been granted an Award, the Successful Applicant for the RESS 1 Project will have the Award rescinded and will not receive a Letter of Offer and the TSO will be entitled to draw down on the full amount of the Bid Bond.

  • All RESS 1 Projects are required to establish a Community Benefit Fund prior to Commercial Operation of the relevant RESS 1 Project.

Related to RESS 1 Project

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Project means a project for the development of land within a project area.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Redevelopment project means any work or undertaking

  • Mixed-use project means a project comprising both a qualified

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan; and

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Project Improvements means site improvements and facilities that are:

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Subproject means an activity or other initiative to be carried out by a Beneficiary under the Project, which, having met the eligibility criteria set out in the Implementation Manual and the provisions of paragraphs 7 and 8 of Schedule 4 to this Agreement, is eligible for financing, through a Subproject Grant, under Parts A and B of the Project;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following: