Common use of Renewable Energy Credits Clause in Contracts

Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from the Project, for which summary information is specified in the Product Order. Seller may not substitute RECs generated from a generator other than the Project. For avoidance of doubt, Xxxxx is not purchasing Seller’s Project and Buyer shall have no ownership interest in, or responsibility for, the Project.

Appears in 3 contracts

Samples: Guaranty, Guaranty, Guaranty

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Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from the Project, for which summary information is specified in the Product Order. Seller may not substitute RECs generated from a generator other than the Project. For avoidance of doubt, Xxxxx Buyer is not purchasing Seller’s Project and Buyer shall have no ownership interest in, or responsibility for, the Project.

Appears in 2 contracts

Samples: Guaranty, Guaranty

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Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from the Project, for which summary information is specified in the Product Order. Seller may not substitute RECs generated from a generator other than the Project. For avoidance of doubt, Xxxxx Buyer is not purchasing Seller’s Project and Buyer shall have no ownership interest in, or responsibility for, the Project.

Appears in 2 contracts

Samples: Guaranty, Guaranty

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