Source: https://www.law.cornell.edu/definitions/index.php?width=840&height=800&iframe=true&def_id=ed0e277970cc5908c3ff35ca657018a0&term_occur=999&term_src=Title:40:Chapter:I:Subchapter:C:Part:97:Subpart:F:97.53
Timestamp: 2020-02-17 06:57:41
Document Index: 177798924

Matched Legal Cases: ['§ 97', '§ 97', '§ 97', '§ 97', '§ 97', '§ 97']

Definition: Owner from 40 CFR § 97.2 | LII / Legal Information Institute
Owner means any of the following persons:
(1) Any holder of any portion of the legal or equitable title in a NOX Budget unit or in a unit for which an application for a NOX Budget opt-in permit under § 97.83 is submitted and not denied or withdrawn; or
(2) Any holder of a leasehold interest in a NOX Budget unit or in a unit for which an application for a NOX Budget opt-in permit under § 97.83 is submitted and not denied or withdrawn; or
(3) Any purchaser of power from a NOX Budget unit or from a unit for which an application for a NOX Budget opt-in permit under § 97.83 is submitted and not denied or withdrawn under a life-of-the-unit, firm power contractual arrangement. However, unless expressly provided for in a leasehold agreement, owner shall not include a passive lessor, or a person who has an equitable interest through such lessor, whose rental payments are not based, either directly or indirectly, upon the revenues or income from the NOX Budget unit or the unit for which an application for a NOX Budget opt-in permit under § 97.83 is submitted and not denied or withdrawn; or
(4) With respect to any general account, any person who has an ownership interest with respect to the NOX allowances held in the general account and who is subject to the binding agreement for the NOX authorized account representative to represent that person's ownership interest with respect to the NOX allowances.
40 CFR § 97.2
The terms used in this part shall have the meanings set forth in this section as follows: