Facility Information. The Product is Unit Specific. All Product will be RECs generated from one of the Designated Systems. Seller may not substitute RECs generated from a generator other than a Designated System. Seller represents that, as of the date of each invoice, (i) all RECs Delivered were generated by the Designated Systems; (ii) each Designated System qualifies as a Distributed Renewable Energy Generation Device and (iii) no substitution has occurred between the Size Classes. The IPA shall monitor Seller’s compliance with the foregoing and shall notify Buyer of any non-compliance. Seller’s failure to comply with the provisions of this Section 6 shall constitute an Event of Default.
Appears in 4 contracts
Sources: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement, Renewable Energy Credit Agreement