RECs. Notwithstanding any of the foregoing regarding the calculation of LDs for Deficient Energy, if Seller fails to deliver all or part of the Supply Guarantee as referenced above within any particular Delivery Period, Seller shall transfer to TVA, at no cost to TVA, the corresponding amount of RECs, regardless of whether Seller owes a LD payment to TVA under the provisions above in this Exhibit C. If Seller is incapable of transferring the corresponding amount of RECs associated with the deficiency in the amount of Seller’s supply for the Delivery Period after using Commercially Reasonable efforts to do so, Seller shall pay the Alternative Compliance Payment for the number of RECs owed to TVA pursuant to this Exhibit. Section 1
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement