Common use of Risk Allocation Clause in Contracts

Risk Allocation. The Product is:  Regulatorily Continuing. Check only if applicable; if checked, “as of the Trade Date” in the proceeding representation is replaced with “as of the Delivery Date”.  Unit Contingent (only check if applicable)  Generation Contingent (only check if applicable) The parties agree to the Transaction set forth herein. [Seller] [Buyer] Signed:________________________ Signed:_____________________________ Name:_________________________ Name:______________________________ [Remainder may be deleted.] Continue to Part B, as applicable. Use additional sheets as necessary. Annex to Part B ** Planning models, dispatch models, E-grid, etc. ◊◊ For example landfill gas methane capture or other Renewable Energy Source that creates direct emissions reductions. ♦♦ If Environmental Attribute Verification has not occurred, enter planned future date of Verification. This written form must be finalized and sent to both Parties no later than ten days following completion the future Verification. Unless otherwise agreed, Seller is responsible for the costs of Verification up to the REC Delivery Date with the Buyer responsible for Verification post-Delivery, the Seller retains responsibility to offer reasonable assistance to the Buyer as set forth in the Agreement.