Common use of Bilateral Sales Clause in Contracts

Bilateral Sales. Nothing in this Agreement shall be read to prohibit bilateral sales by Seller for electric energy, capacity, or ancillary services produced by the Selected Project. Qualified Renewable Energy from the Selected Project sold on a bilateral basis will produce Tier 4 RECs and NYSERDA will purchase such Tier 4 RECs in accordance with Article II of this Agreement, provided that the energy is delivered into Zone J in accordance with this Article.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Certificate Purchase and Sale Agreement

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Bilateral Sales. Nothing in this Agreement shall be read to prohibit bilateral sales by Seller for any products or rights other than the Tier 4 RECs (including any electric energy, capacity, or reliability, ancillary services or other power attributes of the electricity produced by the Selected ProjectProject or any rights related to the Associated New Transmission Facility). Qualified Renewable Energy from the Selected Project sold on a bilateral basis will produce Tier 4 RECs and NYSERDA will purchase such Tier 4 RECs in accordance with Article II of this Agreement; provided that, provided that in both cases, the energy is delivered into Zone J in accordance with this Article; and provided further that nothing in this Agreement shall be read to require all bilateral sales of energy by Seller or from the Selected Project be delivered into Zone J (other than those associated with Tier 4 RECs).

Appears in 1 contract

Samples: Renewable Energy Certificate Purchase and Sale Agreement

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Bilateral Sales. Nothing in this Agreement shall be read to prohibit bilateral sales by Seller for electric energy, capacity, or ancillary services produced by the Selected Project. Qualified Renewable Energy from the Selected Project sold on a bilateral basis will produce Tier 4 RECs and NYSERDA will purchase such Tier 4 RECs in accordance with Article II of this Agreement, provided that the energy is delivered into Zone J in accordance with this Article.. 1Article IV

Appears in 1 contract

Samples: Sale Agreement

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