Quantity of SRECs Sample Clauses

Quantity of SRECs. A. During each Contract Month of each Contract Year, You shall sell and deliver to Us, and We shall purchase and accept delivery of (and pay in accordance with Section 11 below), 100% of the quantity of Transferred SRECs produced by Seller’s Project, if any, during each such Contract Month of each Contract Year, up to, but not in excess of, on an annual basis, an amount calculated by multiplying (i) the Direct Current (“DC”) nameplate generating capacity, expressed in kilowatts (i.e., kWs) of the solar photovoltaic panels comprising Seller’s Project by (ii) 1,300 hours (the product of such calculation being the “Annual SREC Generation Capacity”).
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Quantity of SRECs. A. Subject to Section 6.B. above, during each Contract Month of each Contract Year, You shall sell and deliver to Us, and We shall purchase and accept delivery of (and pay in accordance with Section 11 below), 100% of the quantity of Transferred SRECs produced by Seller’s Project, if any, during each such Contract Month for each Contract Year during the Delivery Period; provided, however, that the total amount of SRECs purchased by Us hereunder during the Delivery Period shall not exceed the number of SRECs calculated by multiplying (i) the Size of Project expressed in kilowatts (i.e., kWs) by (ii) 1,350 hours, and dividing the product thereof by (iii) 1,000 kilowatt hours, and multiplying the result thereof by (iv) ten years, producing a number of SRECs, which will be rounded up to the next whole number of SRECS, (the result of such calculation of the foregoing (i), (ii), (iii) and (iv) factors being the “SREC Purchase Cap”).1
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Quantity of SRECs. A. During each Contract Month of each Contract Year, You shall sell and deliver to Us, and We shall purchase and accept delivery of, 100% of the quantity of Transferred SRECs produced by Seller’s Project, if any, during each such Contract Month of each Contract Year, up to, but not in excess of, on an annual basis, an amount calculated by multiplying (i) the Direct Current (“DC”) nameplate generating capacity, expressed in kilowatts (i.e., kWs) of the solar photovoltaic panels comprising Seller’s Project by (ii) 1,300 hours (the product of such calculation being the “Annual SREC Generation Capacity”).
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Related to Quantity of SRECs

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