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12. Conversion Percentage means sixteen and six-tenths percent(16.6%). <br /> 13. Delivery Point shall mean the location at which the ownership, possession and <br /> control of the Landfill Gas is transferred from the County to the University. For purposes of this <br /> of this Agreement, the Delivery Point shall be the blower discharge point on the Landfill <br /> property as shown on Exhibit B. <br /> 14. Effective Date has the meaning given in the preamble. <br /> 15. Emission Allowance shall mean an authorization issued by a Governmental <br /> Authority to emit one metric ton of CO2e. <br /> 16. Engine Start-up Date shall be the date when the engine located at the <br /> University's Carolina North Campus reaches steady-state conditions and commences the <br /> conversion of Landfill Gas into usable energy. <br /> 17. Environmental Benefits shall mean all credits and allowances generated by and <br /> associated with the generation, destruction, treatment, sale or use of the Landfill Gas, including <br /> Carbon Credits, Emission Allowances, offsets, "green tags," and renewable energy credits, or <br /> any other asset or term that may hereinafter be used to describe the environmental benefit of <br /> either destroying any pollutant in the Landfill Gas (including methane) or using the Landfill Gas <br /> as a source of energy. <br /> 18. Environmental Laws shall mean all Laws concerning pollution or protection of <br /> the environment or human health, as the foregoing are enacted or in effect, on or prior to the date <br /> hereof (including ambient air, soil, surface water, ground water, wetlands, land or subsurface <br /> strata), including without limitation: (i) the Comprehensive Environmental Response <br /> Compensation and Liability Act, 42 U.S.C. §§ 9601 et seq.; (ii) the Solid Waste Disposal Act, as <br /> amended by the Resource Conservation and Recovery Act, 42 U.S.C. §§ 6901 et seq.; (iii) the <br /> 7 <br /> {00018638.DOC 24} <br />