Carbon Dioxide Costs. In the event Buyer elects to physically compensate Seller and subject to Sections 9.3(a)(ii)(B) and 9.3(a)(ii)(C), Seller shall cooperate to effect such transfers by (I) confirming transfers of Compliance Instruments from Buyer, or a third party account holder designated by Buyer, to Seller’s Holding Account, and (II) consenting to allocate a proportional percentage of its CARB Holding Limit to Buyer, or a third party account holder designated by Buyer, to the extent possible under the Law, until such time as Compliance Instruments are transferred to Seller’s Holding Account.
Appears in 2 contracts
Samples: Tolling Power Purchase Agreement, Tolling Power Purchase Agreement
Carbon Dioxide Costs. In the event Buyer elects to physically compensate Seller and subject to Sections 9.3(a)(ii)(B) and 9.3(a)(ii)(C), Seller shall (I) cooperate to effect such transfers by (I) confirming such transfers of Compliance Instruments from Buyer, or a third party account holder designated by Buyer, to Seller’s Holding Account, and (II) consenting consent to allocate a proportional percentage of its CARB Holding Limit to Buyer, or a third party account holder designated by BuyerXxxxx, to the extent possible under the Law, until such time as Compliance Instruments are transferred to Seller’s Holding Account.
Appears in 1 contract
Samples: Tolling Power Purchase Agreement
Carbon Dioxide Costs. In the event Buyer elects to physically compensate Seller and subject to Sections 9.3(a)(ii)(B) and 9.3(a)(ii)(C), Seller shall (I) cooperate to effect such transfers by (I) confirming such transfers of Compliance Instruments from Buyer, or a third party account holder designated by Buyer, to Seller’s Holding Account, and (II) consenting consent to allocate a proportional percentage of its CARB Holding Limit to Buyer, or a third party account holder designated by Buyer, to the extent possible under the Law, until such time as Compliance Instruments are transferred to Seller’s Holding Account.
Appears in 1 contract
Samples: Tolling Power Purchase Agreement