Solar RECs definition

Solar RECs means Solar Carve-Out Renewable Attributes as defined in 225 C.M.R. § 14.02.
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Examples of Solar RECs in a sentence

  • Third-Party Owner represents and warrants that Third-Party Owner has good and marketable title to the Solar RECs and will transfer good and marketable title, free and clear of all claims, liens, security interests and encumbrances of any kind.

  • PNM will purchase Solar RECs generated by a modified Solar Facility only upon execution of a new REC Purchase Agreement, at the applicable rate as of the effective date of such agreement.

  • Customer also certifies that if the Premises is leased to a tenant, Customer has entered, or will enter, into an agreement with each tenant in which the tenant waives any and all right, title and interest in the Large Solar RECs. Customer will notify PNM immediately if Customer enters into a different arrangement with any tenant.

  • Third-Party Owner certifies that the attributes represented by the Large Solar RECs are not being claimed by, delivered, sold and/or transferred to any other entity, in whole or in part.

  • The Parties agree that the sale and purchase of the Large Solar RECs is not an endorsement, confirmation, warranty, guarantee or representation concerning the safety, operating characteristics, durability or reliability of the Large Solar Facility.

  • Customer represents and warrants that Customer has good and marketable title to the Large Solar RECs and that Customer will transfer to PNM good and marketable title, free and clear of all claims, liens, security interests and encumbrances of any kind.

  • Attached hereto and incorporated herein as Appendix A is the application for interconnection and sale of Solar RECs, including a one-line diagram and three-line diagram showing the Large Solar Facility, the interconnection equipment, breaker panel(s), PNM required disconnect switches, PNM meters, PNM transformers and other required information.

  • If Customer is leasing the Large Solar Facility, Customer further certifies that Customer has entered into a valid and binding agreement with Developer by which all right, title and interest in the Large Solar RECs belong to Customer without recourse by Developer.

  • Third-Party Owner understands that the sale and purchase of the Large Solar RECs may create a tax liability for Third-Party Owner.

  • Customer understands that the sale and purchase of the Large Solar RECs may create a tax liability for Customer.

Related to Solar RECs

  • Solar renewable energy certificate or "SREC" means a

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