Common use of Resource Adequacy Benefits Clause in Contracts

Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Product Monthly Quantity and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for ▇▇▇▇▇’s sole benefit.

Appears in 6 contracts

Sources: Demand Response Auction Mechanism Resource Purchase Agreement, Demand Response Auction Mechanism Resource Purchase Agreement, Demand Response Auction Mechanism Resource Purchase Agreement

Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Product Monthly Quantity and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for ▇▇▇▇▇’s sole benefit.

Appears in 1 contract

Sources: Demand Response Auction Mechanism Resource Purchase Agreement

Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Product Monthly Quantity and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for ▇▇▇▇▇Buyer’s sole benefit.

Appears in 1 contract

Sources: Demand Response Auction Mechanism Resource Purchase Agreement