Delivery Shortfall. If Seller has not transferred all or part of the NEPOOL GIS Certificates required pursuant to Exhibit A (a “Shortfall”) to the applicable certificate accounts of FG&E by the close of the applicable Trading Period for NEPOOL GIS Certificates, Seller shall pay FG&E an amount equal to the product of (i) the number of MWHs which constitute the Shortfall, and (ii) the Alternative Compliance Payment Rate minus the NEPOOL GIS Certificate Purchase Price that the Buyer would have had to pay Seller for each Certificate.
Appears in 2 contracts
Sources: Renewable Energy Certificate Purchase Agreement, Renewable Energy Certificate Purchase Agreement