Common use of Creation of SRECs Clause in Contracts

Creation of SRECs. A. When (i) Seller’s Project has been constructed, and registered, inspected and certified, with and by, OCE as capable of producing SRECs eligible for use in complying with the RPS, (ii) the Conditions Precedent as set forth in Section A of the attached General Terms and Conditions have been satisfied, completed or waived by Us, and (iii) you have delivered your written notice to Us that Seller’s Project is operational, You shall begin to sell and deliver SRECs to Us.

Appears in 4 contracts

Samples: Solar Renewable Energy Certificate Purchase and Sale Agreement, Solar Renewable Energy Certificate Purchase and Sale Agreement, Solar Renewable Energy Certificate Purchase and Sale Agreement

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