REC Program Sample Clauses
The REC Program clause defines the terms and conditions under which Renewable Energy Certificates (RECs) are managed within the agreement. It typically outlines the process for the generation, transfer, and ownership of RECs associated with renewable energy production, specifying responsibilities for tracking and verifying the certificates. This clause ensures that both parties understand how environmental attributes are handled, providing clarity and compliance with regulatory or contractual requirements regarding renewable energy claims.
REC Program. In the event that the Customer fails to purchase all RECs which have been ordered pursuant to the terms of this Agreement, the Customer shall pay EKPC/Coop the difference, if positive, of the sum paid for the RECs less the current market value of the RECs within thirty (30) days from the date the Customer’s payment obligation became an Event of Default.
REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default.
REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default. to an invoice, KreEnNdTeUreCdKYunder thismetic PoUr BcLoImC pSuEtRatVioICnEalCeOrrMorMwISiSthIOinN or adjustmeLnitndtoa Ca.nBrinidvwoeiclle, was eof, or any othEexreccluatiivme Doirreacdtojrustment ndis of ment
REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default. e, with notice ofKtEhNeToUbCjeKcYtion given voic PUBLIC SERVICE COMMISSION e adjustment shall be in writingjustment. PaLyinmdeanCt .oBf rtihdewedlilsputed Executive Director is rithi e of Wall Street Journal on the date that