Delivery Term definition

Delivery Term has the meaning set forth in Section 1.1(b).

Delivery Term has the meaning set forth in Section 3.1(c).

Delivery Term has the meaning set forth in Section 2.5.

Examples of Delivery Term in a sentence

• Seller shall commence Delivery of the Product on the Start Date and shall continue Delivering the Contract Quantity during the Delivery Term.

• Subject to the terms and conditions of this Agreement, during the Delivery Term, Seller shall sell and Deliver to Buyer, and Buyer shall purchase and accept Delivery of from Seller, the Contract Quantity of Product, provided that Buyer shall have no obligation to accept or purchase Product that does not comply with the requirements of this Agreement (including any Product that is not Delivered by the Delivery Deadline) [add in any max obligation for Buyer if vols can be variable].

• Buyer shall return to Seller the unused portion of any Performance Security promptly after the following has occurred: (i) the Delivery Term has ended or an Early Termination Date has occurred, as applicable; and (ii) all payment obligations of Seller arising under this Agreement, including any payment under Section 6.5, indemnification payments or other damages are paid in full.

• After each calendar month during the Delivery Term, Seller shall invoice Buyer for the total amount due for the Contract Quantity Delivered during such calendar month.

• If Environmental Attributes are identified as the Product on the Cover Sheet, then: At Seller’s sole cost and expense, Seller shall take any and all actions necessary or appropriate to obtain any Approvals and to register the Project with the Tracking System prior to the commencement of the Delivery Term as necessary or appropriate to permit Buyer to generate therefrom RTCs in the Tracking System that comply with the Certification Standard.

More Definitions of Delivery Term

Delivery Term means the period of Contract Years set forth on the Cover Sheet beginning on the Commercial Operation Date, unless terminated earlier in accordance with the terms and conditions of this Agreement.

Delivery Term has the meaning set forth in Section 3.1(c) and shall be of the length specified in the Cover Sheet.

Delivery Term means the period of Contract Years specified above beginning on the Commercial Operation Date and continuing until the end of the last Contract Year unless terminated earlier as provided by the terms of this Agreement.

Delivery Term means the period of Contract Years specified on the Cover Sheet, beginning on the first date that Buyer accepts delivery of the Product from the Project in connection with this Agreement following Seller’s demonstration of satisfaction of the items listed below in this Section 3.1(c) (“Initial Energy Delivery Date”) and continuing until the end of the tenth, fifteenth, or twentieth Contract Year (as applicable, based on the Cover Sheet election) unless terminated as provided by the terms of this Agreement; provided that the Expected Initial Energy Delivery Date may be extended as provided in this Section 3.1(c). The Initial Energy Delivery Date shall occur as soon as practicable once all of the following have been satisfied: (i) that Commercial Operation has occurred; (ii) Buyer shall have received and accepted the Delivery Term Security in accordance with the relevant provisions of Article Eight of the Agreement, as applicable; (iii) Seller shall have obtained the requisite CEC Certification and Verification for the Project; (iv) all of the applicable Conditions Precedent in Section 2.5(a) have been satisfied or waived in writing; (v) for resources that are already under a contract as of the Execution Date, that existing contract must have expired by its own terms before the Initial Energy Delivery Date; (vi) Seller shall have demonstrated satisfaction of Seller’s other obligations in this Agreement that commence prior to or as of the Delivery Term; and (vii) unless Seller has been directed by Buyer to not participate in the Participating Intermittent Resource Program, Buyer shall have received written notice from the CAISO that the Project is certified as a Participating Intermittent Resource to the extent the Participating Intermittent Resource Program exists for the Project’s technology type at such time as the conditions in subsections (i) through (vi) of this Section 3.1(c) are satisfied.[Subsection (vii) applicable to solar, wind, or hydro Projects only] In the event that Seller cannot satisfy the requirements for Initial Energy Delivery Date by the Expected Initial Energy Delivery Date, as set forth in this Section 3.1(c), then Seller may provide Buyer with a one-time Notice of a thirty (30) day extension of the Test Period and Expected Initial Energy Delivery Date (“Initial Extension”) along with a written explanation of the basis for the extension, no later than five (5) Business Days prior to the Expected Initial Energy Delivery Date as set fort...

Delivery Term means the period beginning with Initial Synchronization and continuing throughout the end of the Term.

Delivery Term means the period (i) starting on the later of June 1, 2019 or the date that the first REC is issued by PJM EIS GATS or M-RETS for the Project regardless of when the initial date of REC Deliveries by Seller to Buyer occurs, and (ii) ending on the day that is one hundred eighty (180) months thereafter; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any Suspension Period up to a maximum extension of seven hundred thirty (730) days .” The following is added as Section 1.22.3:

Delivery Term means [XX] Contract Years. “Contract Year” means a period of twelve (12) consecutive months. The first Contract Year shall commence on the Commercial Operation Date and each subsequent Contract Year shall commence on the anniversary of the Commercial Operation Date.