Common use of Holding Account Clause in Contracts

Holding Account. (a) Prior to the Delivery Date, Seller shall (i) register with the Executive Officer in accordance with the Cap-and-Trade Regulations, (ii) obtain Executive Officer approval of such registration, and (iii) obtain a Holding Account (“Seller’s Holding Account”) from and into which the Product may be transferred, which account Seller shall maintain until the end of the Delivery Term for all Transactions.

Appears in 6 contracts

Samples: Offset Credit Purchase Agreement, Offset Credit Purchase Agreement, Offset Credit Purchase Agreement

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Holding Account. (a) Prior to the Delivery Date, Seller shall (i) register with the Executive Officer in accordance with the Cap-and-Cap and Trade Regulations, (ii) obtain Executive Officer approval of such registration, and (iii) obtain a Holding Account (“Seller’s Holding Account”) from and into which the Product may be transferred, which account Seller shall maintain until the end of the Delivery Term for all Transactions.

Appears in 1 contract

Samples: Offset Credit Purchase Agreement

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