REC Tracking System Sample Clauses

The REC Tracking System clause establishes the requirement for using a recognized system to track Renewable Energy Certificates (RECs) associated with energy generation or consumption. In practice, this clause specifies that all RECs must be registered, transferred, and retired within an approved electronic registry, ensuring accurate accounting and verification of renewable energy claims. By mandating the use of a standardized tracking system, the clause ensures transparency, prevents double-counting, and provides assurance that renewable energy commitments are properly documented and fulfilled.
REC Tracking System. The Seller shall transfer RECs associated with the generation from the Facility for each month via WREGIS pursuant to the timelines in WREGIS Operating Rules. Each Party shall be responsible for setting up an account with WREGIS.
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REC Tracking System. The Seller shall transfer RECs associated with the Buyer’s Output Share of the generation from the Facility for each month via WREGIS pursuant to the timelines in WREGIS Operating Rules. Each party shall be responsible for setting up an account with WREGIS. Progress Reporting After execution of the PPA, Seller shall provide a monthly report to Buyer that (a) describes the progress towards meeting the Project Development Milestones; (b) identifies any missed Project Development Milestones, including the cause of the delay; and (c) provides a detailed description of Seller’s corrective actions to achieve the missed Project Development Milestones and all subsequent Project Development Milestones by the Guaranteed Commercial Operation Date. Progress reporting shall also include reporting on small business activities pursuant to the Small Business section of the RFP. In the event Seller misses any Project Development Milestones and cannot reasonably demonstrate a plan for completing the Facility by the Guaranteed COD, Buyer shall have the right to terminate the PPA and retain the Development Security as damages, in addition to any other remedies it may have at law or equity. Credit Requirements The Seller shall post security as follows: Development Security – As Available $60,000 per MW of Buyer’s Contract Capacity for the period between PPA Effective Date and COD Development Security – Dispatchable - includes As Available systems plus storage $90,000 per MW of Buyer’s Contract Capacity for the period between PPA Effective Date and COD Delivery Term Security – As Available $75,000 per MW of Buyer’s Contract Capacity for the period following COD Delivery Term Security – Dispatchable - includes As Available systems with storage $105,000 per MW of Buyer’s Contract Capacity for the period following COD The form of security shall be a letter of credit or cash escrow. Within five (5) Business Days following any draw by Buyer on the Development Security or the Delivery Term Security, Seller shall replenish the amount drawn such that the security is restored to the applicable amount. Prevailing Wage Seller shall comply with all federal, state and local laws, statutes, ordinances, rules and regulations, and the orders and decrees of any courts or administrative bodies or tribunals, including, without limitation employment discrimination laws and prevailing wage laws. RPS Compliance Seller must ensure the Facility obtains CEC pre-certification prior to the COD, obtains C...
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REC Tracking System. Seller shall transfer RECs associated with Delivered Energy for each month via WREGIS pursuant to the timelines in WREGIS Operating Rules. Each party shall be responsible for setting up an account with WREGIS.
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Related to REC Tracking System

  • Monitoring System In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).

  • Access Toll Connecting Trunk Group Architecture 9.2.1 If WCS chooses to subtend a Verizon access Tandem, WCS’s NPA/NXX must be assigned by WCS to subtend the same Verizon access Tandem that a Verizon NPA/NXX serving the same Rate Center Area subtends as identified in the LERG. 9.2.2 WCS shall establish Access Toll Connecting Trunks pursuant to applicable access Tariffs by which it will provide Switched Exchange Access Services to Interexchange Carriers to enable such Interexchange Carriers to originate and terminate traffic to and from WCS’s Customers. 9.2.3 The Access Toll Connecting Trunks shall be two-way trunks. Such trunks shall connect the End Office WCS utilizes to provide Telephone Exchange Service and Switched Exchange Access to its Customers in a given LATA to the access Tandem(s) Verizon utilizes to provide Exchange Access in such LATA. 9.2.4 Access Toll Connecting Trunks shall be used solely for the transmission and routing of Exchange Access to allow WCS’s Customers to connect to or be connected to the interexchange trunks of any Interexchange Carrier which is connected to a Verizon access Tandem.

  • System Logging The system must maintain an automated audit trail which can 20 identify the user or system process which initiates a request for PHI COUNTY discloses to 21 CONTRACTOR or CONTRACTOR creates, receives, maintains, or transmits on behalf of COUNTY, 22 or which alters such PHI. The audit trail must be date and time stamped, must log both successful and 23 failed accesses, must be read only, and must be restricted to authorized users. If such PHI is stored in a 24 database, database logging functionality must be enabled. Audit trail data must be archived for at least 3 25 years after occurrence.

  • Network Interconnection Architecture Each Party will plan, design, construct and maintain the facilities within their respective systems as are necessary and proper for the provision of traffic covered by this Agreement. These facilities include but are not limited to, a sufficient number of trunks to the point of interconnection with the tandem company, and sufficient interoffice and interexchange facilities and trunks between its own central offices to adequately handle traffic between all central offices within the service areas at a P.01 grade of service or better. The provisioning and engineering of such services and facilities will comply with generally accepted industry methods and practices, and will observe the rules and regulations of the lawfully established tariffs applicable to the services provided.

  • Interconnection Service Interconnection Service allows the Interconnection Customer to connect the Large Generating Facility to the Participating TO’s Transmission System and be eligible to deliver the Large Generating Facility’s output using the available capacity of the CAISO Controlled Grid. To the extent the Interconnection Customer wants to receive Interconnection Service, the Participating TO shall construct facilities identified in Appendices A and C that the Participating TO is responsible to construct.