Carbon Offset Credits Sample Clauses

The Carbon Offset Credits clause establishes the terms under which parties may use or purchase carbon offset credits to mitigate their greenhouse gas emissions associated with the contract. Typically, this clause outlines the types of credits that are acceptable, the standards or registries they must meet, and the process for verifying and retiring these credits. By specifying these requirements, the clause ensures that any carbon offsets claimed are credible and verifiable, thereby helping parties meet environmental obligations and supporting transparency in sustainability commitments.
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Carbon Offset Credits. Eligible and Supported Costs include the purchase of eligible carbon offset credits from a vendor which has received third-party verification and adheres to internationally agreed standards including: Gold Standard, VER+, VERRA (formerly VCS, Verified Carbon Standard), and B.C. Offset System, and where the purchase of said eligible carbon offset credits are for events, conferences and travel related the Project, as may be permitted hereunder.
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Carbon Offset Credits. Weber County assigns to Qnergy, during the Term, the exclusive rights, full title, claim and ownership of all Environmental Attributes and Carbon Offset Credits associated with the collection and destruction of Landfill Gas, by the Methane Mitigation Project. Weber County acknowledges and agrees that Qnergy shall create Carbon Offset Credits by destroying greenhouse gas (GHG) emissions through the Methane Mitigation Project, and that, during the Term, Qnergy shall have uncontested ownership and legal rights to the GHG emissions reductions and Carbon Offset Credits.
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Carbon Offset Credits. ‌ 338 The City reserves the right to revenues or other benefits from carbon offset credits obtained by 339 Contractor related to services performed under this Agreement. 340 3.9 City-Directed Changes to Scope‌ 341 City may meet and confer with Contractor to establish the scope of any additional services or 342 modification to existing services (which may include use of Approved Facilities) to be provided under 343 this Agreement. In such case, Contractor shall present, within thirty (30) calendar days of City’s request, 344 or upon a mutually agreed upon date, a written proposal to provide such modified or additional 345 services. 346 City shall review the Contractor’s proposal for the change in scope of services. City and Contractor may 347 meet and confer to negotiate Contractor’s proposed revisions and costs and shall amend this 348 Agreement, as appropriate, to reflect the mutually agreed-upon changes in scope.
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Carbon Offset Credits. ‌ 328 The City reserves the right to revenues or other benefits from carbon offset credits obtained by 329 Contractor related to services performed under this Agreement.
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Related to Carbon Offset Credits

  • Annual Contributions □ Check enclosed in the amount of $ representing current contribution for tax year 20 .

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Tax-Deferred Earnings The investment earnings of your IRA are not subject to federal income tax until distributions are made (or, in certain instances, when distributions are deemed to be made).

  • Are There Different Types of IRAs or Other Tax Deferred Accounts? Yes. Upon creation of a tax deferred account, you must designate whether the account will be a Traditional IRA, a ▇▇▇▇ ▇▇▇, or a ▇▇▇▇▇▇▇▇▇ Education Savings Account (“CESA”). (In addition, there are Simplified Employee Pension Plan (“SEP”) IRAs and Savings Incentive Matched Plan for Employees of Small Employers (“SIMPLE”) IRAs, which are discussed in the Disclosure Statement for Traditional IRAs). • In a Traditional IRA, amounts contributed to the IRA may be tax deductible at the time of contribution. Distributions from the IRA will be taxed upon distribution except to the extent that the distribution represents a return of your own contributions for which you did not claim (or were not eligible to claim) a deduction. • In a ▇▇▇▇ ▇▇▇, amounts contributed to your IRA are taxed at the time of contribution, but distributions from the IRA are not subject to tax if you have held the IRA for certain minimum periods of time (generally, until age 59½ but in some cases longer). • In a ▇▇▇▇▇▇▇▇▇ Education Savings Account, you contribute to an IRA maintained on behalf of a beneficiary and do not receive a current deduction. However, if amounts are used for certain educational purposes, neither you nor the beneficiary of the IRA are taxed upon distribution. Each type of account is a custodial account created for the exclusive benefit of the beneficiary – you (or your spouse) in the case of the Traditional IRA and ▇▇▇▇ ▇▇▇, and a named beneficiary in the case of a ▇▇▇▇▇▇▇▇▇ Education Savings Account. U.S. Bank, National Association serves as Custodian of the account. Your, your spouse’s or your beneficiary’s (as applicable) interest in the account is nonforfeitable.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.