Quantity Obligation definition
Examples of Quantity Obligation in a sentence
The quantity suspended may be either a specific percentage of the Quantity Obligation or a specific quantity of RPS Attributes to be suspended each month during the suspension period; in either case the quantity to be suspended must exceed the lower of (i) ten percent (10%) of the Bid Quantity or (ii) one thousand (1,000) RPS-eligible Attributes per month.
The failure of the Quantity Obligation of any Bid Facility to achieve at least 65 percent of the Bid Quantity during any Contract Year.
On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey and deliver to NYSERDA, and NYSERDA agrees to purchase from the Seller, all right, title and interest in the RPS Attributes associated with the Quantity Obligation of the Bid Facility during each month of the Contract Delivery Term.
The failure by Seller to Transfer rights to NYSERDA in the RPS Attributes associated with the Quantity Obligation of the Bid Facility, in conformity with Article II.
NYSERDA will make payment to Seller of the amount of Quantity Obligation in MWh invoiced.
On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from Seller, all right, title and interest in the Tier-1 RECs associated with the Quantity Obligation generated by the Bid Facility and delivered to the Delivery Point during each month of the Contract Delivery Term.
On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from the Seller, all right, title and interest in the Tier-1 Renewable Energy Certificates associated with the Quantity Obligation generated by the [Bid Facility/Upgrade] during each month of the Contract Delivery Term.
Seller will be permitted to carry forward RPS Attributes in excess of 110% of the Bid Quantity for payment in subsequent Contract Years during which the Quantity Obligation is less than 110 % of the Bid Quantity.
Bilateral sales for electricity associated with the Quantity Obligation produced by the Bid Facility are permissible provided the Seller can demonstrate that the purchaser of the electricity associated with the Quantity Obligation is a New York State Load Serving Entity (LSE), or one or more New York State end-users.
NYSERDA will require the Seller to provide access to generation data, including detailed monthly market accounting settlement or other pertinent data from the administrator(s) of the energy market into which energy from the Bid Facility was delivered, from the entity or party in control of any meter through which the energy associated with the Quantity Obligation was delivered, and from the administrator of any attribute accounting system operating in such control area.