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 90 calendar days of when such Designated System was Energized if the Contract Nameplate Capacity of such Designated System is greater than 5kW or within 180 calendar days of when the Designated System was Energized if the Contract 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, Seller must provide to Buyer and the IPA or its designee, with respect to such Designated System, a written notice within thirty (30) days of the applicable deadline to Deliver at least one (1) REC confirming that there are no technical issues, with respect to such Designated System, known to Seller that would impede the generation, issuance and Delivery of RECs from such Designated System or that such technical issues has been resolved by Seller;

Appears in 5 contracts

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

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