Common use of Environmental Attributes and Environmental Incentives Clause in Contracts

Environmental Attributes and Environmental Incentives. Unless otherwise specified on Exhibit 1, Vendor {Contractor} is entitled to the benefit of all federal and state Environmental Attributes and Environmental Incentives, including Tax Credits. The Using Agency’s purchase of electricity under this PPA does not include Environmental Attributes, Environmental Incentives or the right to Tax Credits or any other attributes of ownership and operation of the System, all of which shall be retained by Vendor {Contractor}, and should be considered when submitting pricing. The Using Agency shall reasonably cooperate with Vendor {Contractor} in obtaining, securing and transferring all Environmental Attributes and Environmental Incentives and the benefit of all Tax Credits, including by using the electric energy generated by the System in a manner necessary to qualify for such available Environmental Attributes, Environmental Incentives and Tax Credits. The Using Agency shall not be obligated to incur any out–of–pocket costs or expenses in connection with such actions unless reimbursed by Vendor {Contractor}. If any Environmental Incentives are paid directly to the Using Agency, the Using Agency shall promptly pay such amounts over to Vendor {Contractor}. “Environmental Attributes,” “Environmental Incentives,” and “Tax Credits” are defined in Section 2.2 of the Bid Solicitation.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Environmental Attributes and Environmental Incentives. a. Unless otherwise specified on Exhibit 1, Vendor {Contractor} is entitled to the benefit of all federal and state Environmental Attributes and Environmental Incentives, including Tax Credits. The Using Agency’s purchase of electricity under this PPA and/or the Blanket P.O. does not include Environmental Attributes, Environmental Incentives or the right to Tax Credits or any other attributes of ownership and operation of the System, all of which shall be retained by Vendor {Contractor}, and should be considered when submitting pricing. The Using Agency shall reasonably cooperate with Vendor {Contractor} in obtaining, securing and transferring all Environmental Attributes and Environmental Incentives and the benefit of all Tax Credits, including by using the electric energy generated by the System in a manner necessary to qualify for such available Environmental Attributes, Environmental Incentives and Tax Credits. The Using Agency shall not be obligated to incur any out–of–pocket costs or expenses in connection with such actions unless reimbursed by Vendor {Contractor}. If any Environmental Incentives are paid directly to the Using Agency, the Using Agency shall promptly pay such amounts over to Vendor {Contractor}. “Environmental Attributes,” “Environmental Incentives,” and “Tax Credits” are defined in Section 2.2 of the Bid Solicitation.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Environmental Attributes and Environmental Incentives. a. Unless otherwise specified on Exhibit 1, Vendor {Contractor} is entitled to the benefit of all federal and state Environmental Attributes and Environmental Incentives, including Tax Credits. The Using Agency’s purchase of electricity under this PPA and /or the Blanket P.O. does not include Environmental Attributes, Environmental Incentives or the right to Tax Credits or any other attributes of ownership and operation of the System, all of which shall be retained by Vendor {Contractor}, and should be considered when submitting pricing. The Using Agency shall reasonably cooperate with Vendor {Contractor} in obtaining, securing and transferring all Environmental Attributes and Environmental Incentives and the benefit of all Tax Credits, including by using the electric energy generated by the System in a manner necessary to qualify for such available Environmental Attributes, Environmental Incentives and Tax Credits. The Using Agency shall not be obligated to incur any out–of–pocket costs or expenses in connection with such actions unless reimbursed by Vendor {Contractor}. If any Environmental Incentives are paid directly to the Using Agency, the Using Agency shall promptly pay such amounts over to Vendor {Contractor}. “Environmental Attributes,” “Environmental Incentives,” and “Tax Credits” are defined in Section 2.2 of the Bid Solicitation.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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