Common use of SYSTEM ENERGY OUTPUT Clause in Contracts

SYSTEM ENERGY OUTPUT. Customer, upon receipt of payment by the Company for the Performance Based Incentive, assigns by operation of this Agreement all resultant associated environmental credits, specifically including those created under the Arizona Corporation Commission’s Renewable Energy Standard and Tariff (REST) program (the “Renewable Energy Credits”). Company’s right to Customer’s credits assigned hereunder shall continue until the last day of the month of in 20 and shall survive any termination of this Agreement.

Appears in 4 contracts

Samples: Credit Purchase Agreement, Purchase Agreement, Credit Purchase Agreement

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SYSTEM ENERGY OUTPUT. Customer, upon receipt of payment by the Company for the Performance Based Up Front Incentive, assigns by operation of this Agreement all resultant associated environmental credits, specifically including those created under the Arizona Corporation Commission’s Renewable Energy Standard and Tariff (REST) program (the “Renewable Energy Credits”). Company’s right to Customer’s credits assigned hereunder shall continue until the last day of the month of in 20 and shall survive any termination of this Agreement.

Appears in 1 contract

Samples: Credit Purchase Agreement

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