Initial Delivery Obligations Sample Clauses

Initial Delivery Obligations. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System to Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, is expected to occur within ninety (90) days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within one hundred eighty (180) days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. Seller shall upload meter readings to PJM-EIS GATS or M-RETS pursuant to Section 2.3(e) as necessary for the issuance and timely Delivery of at least one (1) REC by the deadline set forth in this Section 4.1(a).
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Initial Delivery Obligations. (a) For each Designated System that has been Energized, the Delivery of at least one (1) 11 Specifically, if payments have been made to Seller with respect to a Designated System, and the number of RECs Delivered from such Designated System is less than the Designated System Paid REC Quantity, then with respect to each such Designated System, Seller shall return a portion of the amount of payment equal to the multiplicative product of (A) the Contract Price and (B) the positive difference between (i) the Designated System Paid REC Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity). REC from such Designated System to Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, is expected to occur within ninety (90) days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within one hundred eighty (180) days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. Seller shall upload meter readings to PJM-EIS GATS or M-RETS pursuant to Section 2.3(e) as necessary for the issuance and timely Delivery of at least one (1) REC by the deadline set forth in this Section 4.1(a).
Initial Delivery Obligations. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within ninety (90) days of when such Designated System was Energized if the Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity).

Related to Initial Delivery Obligations

  • Physical Delivery All notices must be in writing, except as provided in § 27.2. Any document, including a signed 698 document or notice, from or on behalf of Seller, and delivered to Buyer is effective when physically received by Buyer, any 699 signatory on behalf of Buyer, any named individual of Buyer, any representative of Buyer, or Brokerage Firm of Broker working 700 with Buyer (except for delivery, after Closing, of the notice requesting mediation described in § 23 and except as provided in 701 § 27.2). Any document, including a signed document or notice, from or on behalf of Buyer, and delivered to Seller is effective 702 when physically received by Seller, any signatory on behalf of Seller, any named individual of Seller, any representative of Seller, 703 or Brokerage Firm of Broker working with Seller (except for delivery, after Closing, of the notice requesting mediation described 704 in § 23 and except as provided in § 27.2).

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