Examples of Designated System in a sentence
Seller may not substitute RECs generated from a generator other than a Designated System.
Notwithstanding any other provisions of this Agreement, in no event shall Buyer be liable to Seller, with respect of a Designated System, in an amount that exceeds one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from such Designated System; and with respect to this Agreement, the sum of such calculation across all Designated Systems under this Agreement.
Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer, with respect to a Designated System, in an amount that exceeds the sum of the Collateral Requirement and one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from such Designated System; and with respect to this Agreement, the sum of such calculation across all Designated Systems under this Agreement.
Once a Designated System is Energized, the IPA shall prepare and complete Schedule B to the Product Order for such Designated System, which includes updated summary information related to the Designated System, and which shall be the basis for determining applicable payments under this Agreement.
Once a Designated System is removed pursuant to the terms of this Agreement, Schedule D to a Product Order is prepared to memorialize such removal and to provide information related to the predicate event that gave rise to the removal of that Designated System.