Common use of Direct GHG Compliance Costs Clause in Contracts

Direct GHG Compliance Costs. (i) During the Term, Buyer shall reimburse Seller for any Direct GHG Compliance Costs, other than GHG Emissions Allowances, which are separately addressed in the sections below, attributable to the Generating Facility for GHG emissions associated with the Power Product, within forty-five (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, establishing that: (1) Seller is actually liable for the Direct GHG Compliance Costs for GHG emissions attributed to the Power Product; and (2) Direct GHG Compliance Costs were imposed upon Seller by an authorized Governmental Authority with jurisdiction to impose Direct GHG Compliance Costs where the Generating Facility is located, or which otherwise has jurisdiction over Seller or the Generating Facility.

Appears in 3 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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Direct GHG Compliance Costs. (i) During the Term, Buyer shall reimburse Seller for any Direct GHG Compliance Costs, other than GHG Emissions Allowances, which are separately addressed in the sections below, attributable to the Generating Facility for GHG emissions associated with the Power Product, within forty-five (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, establishing that: (1) Seller is actually liable for the Direct GHG Compliance Costs for GHG emissions attributed to the Power Product; and (2) Direct GHG Compliance Costs were imposed upon Seller by an authorized Governmental Authority with jurisdiction to impose Direct GHG Compliance Costs where the Generating Facility is located, or which otherwise has jurisdiction over Seller or the Generating Facility, including NV-Energy.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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