Contract CERs definition

Contract CERs means the CERs referred to as such in the ERPA;
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Contract CERs has the meaning ascribed thereto in the recitals. "COP" means the Conference of the Parties to the UNFCCC.
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Examples of Contract CERs in a sentence

  • The Buyer will retain the right to veto any Request for Distribution of CERs directed to the Executive Board until such a time as the Contract CERs and any Additional CERs has been delivered.

  • Seniority Seller must Deliver Contract CERs to Buyer on a priority basis over any other buyer in the [Programme/Contract CPAs/Project].

  • The Project Entity agrees to sell to the Buyer and the Buyer agrees to purchase from the Project Entity the Contract CERs according to Schedule 2.

  • In addition to the warranties in Article XII of the General Conditions, the Project Entity warrants, as that the date of this Agreement, and again upon both the production of the GHG Reductions and the transfer of Contract CERs or Option CERs, that: (a) _.

  • Exclusivity By countersigning this Term Sheet the Seller commits to exclusively offer the Contract CERs to the Buyer and undertakes to refrain from offering or selling them to or progressing any discussions with respect to any offer or sale involving the Contract CERs with any other potential purchaser during the Validity period up to the date on which this Term Sheet expires.

  • The Project Entity shall provide the Buyer, at Buyer's request, if deemed necessary with a Power of Attorney, which is to be signed and provided to the Buyer by the Project Entity within 10 business days of the Buyer request, and which will allow the Buyer to sign any request for Issuance to the Executive Board until the Contract CERs and any Additional CERs is delivered in accordance with this Agreement.

  • The Contract CERs are net of any Share of Proceeds (Cost of Administration) and the Share of Proceeds (Cost of Adaptation).

  • The Advance Payment shall be evidenced with a copy of the relevant invoices and will be deducted from the payments of CERs due by the Buyer to the Seller from the Deliveries of Contract CERs. [redacted].

  • The entire legal and beneficial title to the Contract CERs will pass to the Buyer upon Delivery whereby transfer of risk shall take place, except that, in the event of Transfer System Failure, the entire legal and beneficial title to Contract CERs will be deemed to pass to the Buyer on receipt of the relevant Certification Report by the CDM Executive Board.

  • If the Buyer decides to buy the additional CERs generated by this project after 31st December 2012, a new contract will need to be prepared adjusting the new Contract CERs and the expiry date.

Related to Contract CERs

  • Contract carrier means any person who, under special and individual contracts or agreements, and

  • Contractor/Supplier means the person or company whose tender is accepted by the Purchaser and shall be deemed to include the Contractor’s successors, heirs, executors, administrators, representatives and assigns approved by the Purchaser.

  • Contract Work means everything required to be furnished and done by the Contractor by any one or more of the parts of the Contract referred to in Article 1, except Extra Work as hereinafter defined.

  • Non Contract Player means any Player (other than a Player on a Scholarship) who is eligible to play for a Club but has not entered into a written contract of employment.

  • Job order contracting means a project delivery method in which: