Orange County NC Website
30 <br />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. Closing Date has the meaning given in the preamble. <br />15. Effective Date shall mean the date the easements listed on Exhibit C are legally <br />anted to the University by the County. In the evr °tasements listed on Exhibit C are <br />granted on different dates, the date the last easemen~~;santedl be the Effective Date. <br />~'~~~'~-- ~F. <br />16. Emission Allowance shall mean an authaatlon Issued by a Governmental <br />.1 ~syi7a4 <br />S' q~ <br />I'%:'~Si <br />Authority to emit one metric ton of C02e. ~ ~' <br />7~:k <br />~~~ ~~k~ <br />17. Engine Start-up Date shall be the date whe~~'~the engine located at the <br />,~~,_ <br />University's Carolina d~ampus reaches steady-state conditions and commences e <br />~~~ <br />conversion of Lan ā€ž `rC'ra~ into us`~'l~e energy. <br />r,~;~ ... <br />18. Environme~ 4 ,~ .,_ e~et~~~ sh~~l ¢mea31 all credits and allowances generated by and <br />~,~ . <br />associa ,.x..~'Ywi the genera ~an, ~~~s~niction, treatment, sale or use of the Landfill Gas, including <br />L~ E 5~ <br />Car ' on ~ ``eā€ž..'ts, Emission `~Tl Uwance ;offsets, "green tags," and renewable energy credits, or <br />~~~~~ ~-M* 5~ ~ <br />-, t <br />.x nx`, f <br />any other ass `S~ term that~~uay hereinafter be used to describe the environmental benefit of <br />~~ ~~ <br />~ 1~~ <br />either destroying any~,ll~int in the Landfill Gas (including methane) or using the Landfill Gas <br />as a source of energy. <br />19. Environmental Laws shall mean all Federal, state and local Laws concerning <br />pollution or protection of~the environment or human health, as the foregoing are enacted or in <br />effect, on or prior to the date hereof (including ambient air, soil, surface water, ground water, <br />7 <br />{00018638.DOC 16} <br />