Regulatorily Continuing means, with respect to a Transaction, that if a Product is represented by a Party as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the Delivery Date and the Trade Date, and Seller will do what is necessary to cause the Product that is delivered to comply with such requirements, including delivering substitute Product acceptable to Buyer if appropriate.
Regulatorily Continuing means, with respect to the Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is Delivered to comply with such requirements; except as otherwise provided in Section 11.1.
Regulatorily Continuing means, with respect to the Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is Delivered to comply with such requirements; except as otherwise provided in Section11.1.
Examples of Regulatorily Continuing in a sentence
Government Action that changes in any respect the value of a Product (without rendering the Product out of compliance with the Applicable Program if Regulatorily Continuing), will have no effect on the obligation of the Parties to purchase and sell such Product at the price and on the terms set forth hereunder.
Without limiting the generality of the foregoing, except with respect to the Product stated to be Regulatorily Continuing, and in that case only to the extent set forth herein, neither Party makes any representation or warranty hereunder with respect to any future action or failure to act or approval or failure to approve by any Governmental Authority.
More Definitions of Regulatorily Continuing
Regulatorily Continuing means the transaction complies with AB32, as amended from time to time, as of the Effective Date and the Delivery Date.
Regulatorily Continuing means that if a REC is represented by Party A as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the date of execution of this PPA and the date of TransferDelivery, and Party A will do what is necessary to cause the REC that is deliveredDelivered to comply with such requirements.
Regulatorily Continuing means, with respect to a Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is 12 For purposes of Section 2.6(g), the REC Purchase Payment Amount shall equal (a) x (b) + (c) x (d) + (e) x (f) + (g) x
Regulatorily Continuing means, with respect to a Transaction, the Product shall 9 For purposes of Section 2.6(g), the REC Purchase Payment Amount shall equal (a) x (b) + (c) x (d) + (e) x (f) + (g) x (h) + (i) x (j) where (a) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) at Energization, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12 (or 4/12 as applicable), which result shall be rounded down to the nearest whole REC; where (b) equals the Contract Price at Energization; where (c) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the first Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; and where (d) equals the Contract Price calculated using information in the first Community Solar Quarterly Report; where (e) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the second Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (f) equals the Contract Price calculated using information in the second Community Solar Quarterly Report; where (g) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the third Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (h) equals the Contract Price calculated using information in the third Community Solar Quarterly Report; where (i) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the fourth Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 14 years (or 167/12 as applicable), which result shall be rounded down to the nearest whole REC; and where (j) equals the Contract Price calculated using information in the fourth Community Solar Quarterly Report. Notwithstanding the calculation set forth in the preceding sentence, if there is no change with respect to the values for Contract Nameplate Capacity, Contract Capacity Factor and Contract Price observed for a given period and the values observed for the immediately subsequent period, then there shall be no update to the REC Purchase Payment Amount. For avoidan...