Common use of Clean Development Mechanism Benefit Clause in Contracts

Clean Development Mechanism Benefit. The proceeds of carbon credit from approved CDM project shall be shared between the SPD and Procurer as per regulations of the CERC. All costs and expenses relating to registering the project as a CDM project with the relevant Government Authority shall be solely borne by the SPD.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Clean Development Mechanism Benefit. The proceeds of carbon credit from approved CDM clean development mechanism project shall be shared between the SPD and Procurer as per regulations of issued by the CERCAppropriate Commission. All costs and expenses relating to registering the project as a CDM clean development mechanism project with the relevant Government Authority shall be solely borne by the SPD.

Appears in 1 contract

Samples: Power Purchase Agreement

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