Common use of Deliveries and Quantity Clause in Contracts

Deliveries and Quantity. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within ninety (90) days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within one hundred eighty (180) days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. For each Designated System that fails to Deliver at least (1) one REC from such Designated System by the applicable deadline, Seller must provide to Buyer and the IPA, with respect to such Designated System, a written notice within sixty (60) days of the applicable deadline to Deliver at least one

Appears in 7 contracts

Samples: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement, Renewable Energy Credit Agreement

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Deliveries and Quantity. (a) For each Designated System that has been Energized, the Delivery of at least one (1) REC from such Designated System is expected to occur to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within ninety (90) days of when such Designated System was Energized if the Actual Nameplate Capacity of such Designated System is greater than 5kW or within one hundred eighty (180) days of when the Designated System was Energized if the Actual Nameplate Capacity of such Designated System is equal to or less than 5kW. For each Designated System that fails to Deliver at least (1) one REC from such Designated System by the applicable deadline, Seller must provide to Buyer and the IPAIPA , with respect to such Designated System, a written notice within sixty (60) days of the applicable deadline to Deliver at least one

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

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