Common use of Carry Forward of RPS Attributes Clause in Contracts

Carry Forward of RPS Attributes. During any Contract Year, the maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 110% percent of the Bid Quantity. Seller will be permitted to carry forward RPS Attributes in excess of 110% of the Bid Quantity for payment in subsequent Contract Years during which the Quantity Obligation is less than 110 % of the Bid Quantity. All RPS Attributes that Seller wishes to carry forward to subsequent Contract Years must be Transferred to NYSERDA during the month following their creation; such RPS Attributes must be assigned by the Certification and Assignment of Rights Form for such month (See Section 2.04).

Appears in 5 contracts

Samples: RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC)

AutoNDA by SimpleDocs

Carry Forward of RPS Attributes. During any Contract Year, the maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 110% percent of the Bid Quantity. Seller will be permitted to carry forward RPS Attributes in excess of 110% of the Bid Quantity for payment in subsequent Contract Years during which the Quantity Obligation is less than 110 110% of the Bid Quantity. All RPS Attributes that Seller wishes to carry forward to subsequent Contract Years must be Transferred to NYSERDA during the month following their creation; such RPS Attributes must be assigned by the Certification and Assignment of Rights Form for such month (See Section 2.04).

Appears in 2 contracts

Samples: RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC)

AutoNDA by SimpleDocs

Carry Forward of RPS Attributes. During any Contract Year, the maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 110% percent of the Bid Quantity. Seller will be permitted to carry forward RPS Attributes in excess of 110% of the Bid Quantity for payment in subsequent Contract Years during which the Quantity Obligation is less than 110 % of the Bid Quantity. All RPS Attributes that Seller wishes to carry forward to subsequent Contract Years must be Transferred to NYSERDA during the month following their creation; such RPS Attributes must be assigned by the Certification and Assignment of Rights Form for such month (See Section 2.04).. Article V Adjustments

Appears in 1 contract

Samples: RPS Standard Form Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!