Common use of Contract Capacity, Storage Capacity, Capacity-Related Benefits, Environmental Attributes, and Other Electric Products Clause in Contracts

Contract Capacity, Storage Capacity, Capacity-Related Benefits, Environmental Attributes, and Other Electric Products. (a) Buyer’s purchase of Delivered Energy and Charging Energy according to this Agreement includes the purchase of all Contract Capacity, Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products during the Delivery Term, the Variable Payment includes all compensation to Seller for such purchase, and no other or further amount shall be payable by Buyer in connection with the purchase of such Products. With respect to the Delivery Term, Buyer shall have the right to dispatch such Products, and Seller shall (at its own expense) generate and deliver to Buyer at the applicable OP Delivery Point any such Products so dispatched by Buyer; provided, however, that, in the case of any such Products that are not physical in nature (such as ZRCs, other capacity credits, intangible Environmental Attributes and other intangible products), Seller shall, without requirement of any dispatch or other notice from Buyer and at Seller’s own expense, (i) cause to be issued any and all such Products for which the Generating Facility, Storage Facility, Contract Capacity, Storage Capacity, Storage Energy, and/or Contract Energy is eligible,

Appears in 3 contracts

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

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Contract Capacity, Storage Capacity, Capacity-Related Benefits, Environmental Attributes, and Other Electric Products. (a) Buyer’s purchase of Delivered Energy and Charging Energy according to this Agreement includes the purchase of all Contract Capacity, Capacity-Related Benefits 124 NTD: Insert if the Facility is a developmental resource. 125 NTD: Insert if the Facility is not a developmental resource. (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products during the Delivery Term, the Variable Payment includes all compensation to Seller for such purchase, and no other or further amount shall be payable by Buyer in connection with the purchase of such Products. With respect to the Delivery Term, Buyer shall have the right to dispatch such Products, and Seller shall (at its own expense) generate and deliver to Buyer at the applicable OP Delivery Point any such Products so dispatched by Buyer; provided, however, that, in the case of any such Products that are not physical in nature (such as ZRCs, other capacity credits, intangible Environmental Attributes and other intangible products), Seller shall, without requirement of any dispatch or other notice from Buyer and at Seller’s own expense, (i) cause to be issued any and all such Products for which the Generating Facility, Storage Facility, Contract Capacity, Storage Capacity, Storage Energy, and/or Contract Energy is eligible,

Appears in 1 contract

Samples: Power Purchase Agreement

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