Common use of Tags Clause in Contracts

Tags. The Parties agree that the price set forth in Exhibit B includes compensation for Green Tags associated with the Contract Energy purchased by MP pursuant to this Agreement and that MP is entitled to utilize any and all such Green Tags to the full extent allowed by Applicable Laws or regulations, MP shall own or be entitled to claim all Green Tags purchased hereunder to the extent such Green Tags may exist during the Term, and to the extent necessary, Seller shall assign to MP all rights, title and authority to register, own, hold and manage such Green Tags in MP’s own name and account, including any rights associated with any renewable energy information or tracking system that may be established with regard to monitoring, tracking, certifying, or trading such Green Tags. Article IV. Contract Energy and Pricing

Appears in 1 contract

Sources: Purchase Power Agreement

Tags. The Parties agree that the price set forth in Exhibit B includes compensation for Green Tags associated with the Contract Energy and Accreditable Capacity purchased by MP pursuant to this Agreement and that MP is entitled to utilize any and all such Green Tags to the full extent allowed by Applicable Laws applicable laws or regulations, MP shall own or be entitled to claim all Green Tags purchased hereunder to the extent such Green Tags may exist during the Term, and to the extent necessary, Seller shall assign to MP all rights, title and authority to register, own, hold and manage such Green Tags in MP’s own name and account, including any rights associated with any renewable energy information or tracking system that may be established with regard to monitoring, tracking, certifying, or trading such Green Tags. Article IV. Contract Energy and Pricing

Appears in 1 contract

Sources: Purchase Power Agreement