REC Agreement definition

REC Agreement means with respect to any Project, any agreement between a Project Company and a REC Counterparty relating to the purchase, sale, swap, hedge, or similar arrangement relating to the RECs of such Project.

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REC Agreement is defined in the recitals to this Agreement.

REC Agreement means the REC Purchase and Sale Agreement, dated as of December 21, 2012, between Sponsor and Borrower, as amended by Omnibus Amendment #2.

Examples of REC Agreement in a sentence

• This Confirmation incorporates and is governed by that Master Solar REC Agreement which the Parties have previously executed and which is attached hereto.

• Capitalized terms used and not otherwise defined herein shall have the same meaning as in the Master REC Agreement.

• References to “Confirmation” or “Product Order” in the Master REC Agreement shall refer to this Cover Sheet.

• For purposes of the definitions contained in the Master REC Agreement, this REC Contract shall constitute the “Cover Sheet,” and the date the ICC approves a Transaction shall constitute the “Trade Date” indicated in the Product Order for such Transaction.

• For purposes of the definitions contained in the Master REC Agreement, this REC Contract shall constitute a “Transaction” and the “Cover Sheet” and the “Effective Date” shall constitute the “Trade Date”.

More Definitions of REC Agreement

REC Agreement means a Contract pursuant to which the Borrower is entitled to receive payment in exchange for the sale or assignment of renewable energy credits or similar environmental attributes.

REC Agreement means that certain Renewable Energy Credit Allocation Agreement by and among The Dayton Power and Light Company, Duke Energy Ohio, Inc., and AEP Generation Resources Inc., dated as of January 21, 2014, as amended from time to time.

REC Agreement is defined in the MESPA.

REC Agreement is deleted in its entirety and replaced with the following text:

REC Agreement means the REC Purchase and Sale Agreement between the Seller and the Buyer dated as of December 21, 2012, and amended by the Omnibus Amendment to MESPA, MOMA, ASA, REC PSA and Equity Contribution Tri-Party Agreement dated as of August 30, 2013, providing for the sale of renewable energy certificates by the Seller to the Buyer for the purpose of the Seller enabling the Buyer to comply with the [***] PPA, including under Section 5.3(a) of the [***] PPA.”

REC Agreement means any contract entered into from time to time between the Facility Company and Bloom Energy Corporation, a Delaware corporation, for the purchase of renewable energy credits in connection with the Facility Company’s obligations under the [***] Power Purchase Agreement.

REC Agreement means the agreement between the Seller and the Buyer titled REC PURCHASE AND SALE AGREEMENT dated on or around the Agreement Date providing for the sale of renewable energy certificates by the Seller to the Buyer for the purpose of the Seller enabling the Buyer to comply with the [***] PPA including under Section 5.3(a) of the [***] PPA.