Deliveries and Quantity. On each Delivery Date set forth in the table, Seller will deliver the quantity of the Product (as defined below) having Vintages as and if specified, and Buyer will pay the specified Purchase Price, all in accordance with the Agreement. Delivery Dates Delivery Type Quantity Vintage Purchase REC (indicate dates or (indicate (in MWhrs, (month/year, as Price Delivery as generated, as multiple/periodic unless applicable) ($ per MWhr applicable) deliveries, if otherwise unless applicable) indicated) otherwise indicated) Delivery 1 Delivery 2 Delivery 3
Deliveries and Quantity. (a) Seller shall be permitted to Deliver RECs from the Project for payment by Buyer starting on the first day of the Delivery Term through the Delivery Date of the last Delivery Month.
Deliveries and Quantity. All RECs Delivered to Buyer from Seller under this Agreement shall be associated with electric energy generated by the Project. For avoidance of doubt, with respect to a Project co-located with an energy storage facility, the RECs Delivered shall be associated with energy generated exclusively from the Project as measured by the Project’s Revenue Quality Meter and not from any other electric source. Each Delivery shall be deemed a representation by Seller to Buyer that the Product meets the requirements specified in this Agreement. Seller shall be permitted to Deliver RECs from the Project for payment by Buyer or payment by Seller, as applicable, starting on the first day of the Delivery Term through the last day of the Delivery Term. For avoidance of doubt, and notwithstanding the foregoing, only RECs associated with electricity generation that occurred within the Acceptable Vintage Period shall be eligible for payment in accordance with Section 3.1(c). As specified in Section 10.2(g), Seller’s failure to Deliver at least one (1) REC from the Project by May 31, 2027 or extended deadline pursuant to Section 3.4 or Section 11.1 shall constitute an Event of Default. Upon the occurrence of such Event of Default, Buyer shall terminate this Agreement twenty (20) Business Days after written notice by Buyer to Seller unless Seller demonstrates, within such twenty (20) Business Day period and to the satisfaction of Buyer in its reasonable discretion, that Seller has posted Seller’s Performance Assurance to satisfy the Increased Collateral Requirement required for an extension pursuant to Section 3.4 or Seller has made such Delivery by the deadline or the extended deadline, as applicable. For such Events of Default, Buyer shall be entitled to payment by Seller (i) in the amount of the Collateral Requirement if there has been no extension; or (ii) in the amount of the Increased Collateral Requirement if an extension is granted and Seller fails to Deliver at least one (1) REC from the Project by the extended deadline pursuant to Section 3.4. The Parties acknowledge that (i) Buyer shall be damaged by the failure of Seller to Deliver at least one (1) REC from the Project by the deadline or extended deadline, as applicable, (ii) it would be impracticable or extremely difficult to determine the actual damages resulting therefrom, (iii) the remedies specified herein are fair and reasonable and do not constitute a penalty, and (iv) the remedy specified in this Section 5.1(...
Deliveries and Quantity. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within ninety (90) days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within one hundred eighty (180) days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. For each Designated System that fails to Deliver at least (1) one REC from such Designated System by the applicable deadline, Seller must provide to Buyer and the IPA, with respect to such Designated System, a written notice within sixty (60) days of the applicable deadline to Deliver at least one
Deliveries and Quantity. On each Delivery Date set forth in the table, Seller will deliver the quantity of the Product (as defined below) having Vintages as and if specified, and Buyer will pay the specified Purchase Price, all in accordance with the Agreement.
Deliveries and Quantity. Seller will Deliver the quantity of the Product specified in Table 1 and Buyer will pay the specified Purchase Price, all in accordance with this REC Contract. The Product delivered for this REC Contract must be generated between the applicable dates specified in Table 1 (all such required generation dates referred to as the “Vintage”). Seller must make the Minimum Deliveries specified in Exhibit D within the time periods specified in Table 1. Table 1 Term Class of Resource (See Note 1 below) Quantity (in MWhrs) Certified by Purchase Price ($ per MWhr) Generation must occur between June 2012 through May 2013 [ ] [ ] [ ] [ ] January 1, 2012 and May 31, 2013
Deliveries and Quantity. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when such Designated System was Energized if the Contract Nameplate Capacity of such Designated System is greater than 5kW or within 180 calendar days of when the Designated System was Energized if the Contract Nameplate Capacity of such Designated System is equal to or less than 5kW. For each Designated System that fails to Deliver at least (1) one REC from such Designated System, Seller must provide to Buyer and the IPA or its designee, with respect to such Designated System, a written notice within thirty (30) days of the applicable deadline to Deliver at least one (1) REC confirming that there are no technical issues, with respect to such Designated System, known to Seller that would impede the generation, issuance and Delivery of RECs from such Designated System or that such technical issues has been resolved by Seller;
Deliveries and Quantity. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within 180 calendar days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. For each Designated System that fails to Deliver at least (1) one REC from such Designated System by the applicable deadline, Seller must provide to Buyer and the IPA or its designee, with respect to such Designated System, a written notice within sixty (60) days of the applicable deadline to Deliver at least one (1) REC confirming that there are no technical issues, with respect to such Designated System, known to Seller that would impede the generation, issuance and Delivery of RECs from such Designated System or that such technical issues have been resolved by Seller. In the event that Seller fails to provide such written notice within sixty (60) days of the applicable deadline to Deliver at least one (1) REC, then the number of RECs associated with such Designated System shall be deemed removed from this REC Contract and Buyer shall be entitled to payment by Seller in the amount of the greater of: (i) the Collateral Requirement for such Designated System or (ii) one hundred percent (100%) of the total payments Seller has received from Buyer associated with RECs from such Designated System.
Deliveries and Quantity. (a) All RECs Delivered to Buyer from Seller under this Agreement shall be associated with electric energy generated by the Project. For avoidance of doubt, with respect to a Project co-located with an energy storage facility, the RECs Delivered shall be associated with energy generated exclusively from the Project as measured by the Project’s Revenue Quality Meter and not from any other electric source. Each Delivery shall be deemed a representation by Seller to Buyer that the Product meets the requirements specified in this Agreement.
Deliveries and Quantity. (a) Seller will Deliver the quantity of each Product specified in Table 1 and Buyer will pay the specified Purchase Price for such Product, all in accordance with this REC Contract. RECs generated from the Small Size Class cannot be substituted for RECs generated from the Large Size Class (and vice versa). All RECs Delivered shall be based on renewable energy generation from a Designated System that occurred no earlier than twelve (12) months prior to the date of Delivery (all such required generation dates referred to as the “Vintage”).
