Common use of Basic Understandings Clause in Contracts

Basic Understandings. Seller and Buyer have agreed to execute this Master Agreement in order to establish the terms of Seller’s provision and sale of, and Buyer’s acceptance and purchase of NEPOOL-GIS Certificates to meet a portion of the Buyer’s requirements to comply with the applicable RPS or APS Regulations, as defined herein. This Agreement sets forth the terms under which Seller shall sell and deliver and the Buyer shall purchase and receive NEPOOL-GIS Certificates.

Basic Understandings. Seller and Buyer have agreed to execute this Master Agreement in order to establish the terms of Seller’s provision and sale of, and Buyer’s acceptance and purchase of NEPOOL-GIS Certificates to meet a portion of the Buyer’s requirements to comply with the applicable RPS RPS, APS or APS CPS Regulations, as defined herein. This Agreement sets forth the terms under which Seller shall sell and deliver and the Buyer shall purchase and receive NEPOOL-GIS Certificates.

Basic Understandings. Seller and Buyer Xxxxx have agreed to execute this Master Agreement in order to establish the terms of Seller’s provision and sale of, and BuyerXxxxx’s acceptance and purchase of NEPOOL-GIS Certificates to meet a portion of the Buyer’s requirements to comply with the applicable RPS RPS, APS or APS CPS Regulations, as defined herein. This Agreement sets forth the terms under which Seller shall sell and deliver and the Buyer shall purchase and receive NEPOOL-GIS Certificates.