Common use of Delivery Term Start Date Clause in Contracts

Delivery Term Start Date. If the Final System Size is greater than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 90 calendar days of the Effective Date of this Agreement. If the Final System Size is equal to or less than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 180 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 180 calendar days of the Effective Date of this Agreement. The deadline for the first REC Delivery may be extended by Buyer at its sole discretion, which shall be exercised reasonably. A request for extension may be made by Seller to Buyer in writing in accordance with Article 14. For purposes of this section, the date of such initial transfer of RECs shall be the date as indicated by PJM-EIS GATS or M-RETS that such transfer into Buyer’s PJM-EIS GATS or M-RETS account occurred (the “Date of Initial REC Delivery”). On the Date of Initial REC Delivery, Buyer will designate the immediately following: January 1st, April 1st, July 1st or October 1st as the Delivery Term Start Date. For example, if the Date of Initial REC Delivery is December 15, 2015 then the Delivery Term Start Date shall be January 1, 2016.

Delivery Term Start Date. If the Final System Size is greater than 5kW, then then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when the System System’sSystem is Energized and Dateand registered with PJM-EIS GATS or or, M-RETS, or (b) if the System is Energized and Date occurredand registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 90 calendar days of the Effective Date of this Agreement. If the Final System Size is equal to or less than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-PJM- EIS GATS account or M-RETS account, as applicable, within 180 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 180 calendar days of the Effective Date of this Agreement. The deadline for the first REC Delivery may be extended by Buyer at its sole discretiondiscretion and may, which shall be exercised extended to accommodate REC issuance and REC Delivery from small systemsexercised reasonably. A request for extension may be made by Seller to Buyer in writing in accordance with Article 14. For purposes of this section, the date of such initial transfer of RECs shall be the date as indicated by PJM-EIS GATS or M-RETS that such transfer into Buyer’s PJM-EIS GATS or M-M- RETS account occurred (the “Date of Initial REC Delivery”). On the Date of Initial REC Delivery, Buyer will designate the immediately following: January 1st, April 1st, July 1st or October 1st as the Delivery Term Start Date. For example, if the Date of Initial REC Delivery is December 15, 2015 then the Delivery Term Start Date shall be January 1, 2016.

Delivery Term Start Date. If the Final System Size is greater than 5kW, then then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-PJM- EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 90 calendar days of the Effective Date of this Agreement. If the Final System Size is equal to or less than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-M- RETS account, as applicable, within 180 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 180 calendar days of the Effective Date of this Agreement. The deadline for the first REC Delivery may be extended by Buyer at its sole discretion, which shall be exercised reasonably. A request for extension may be made by Seller to Buyer in writing in accordance with Article 14. For purposes of this section, the date of such initial transfer of RECs shall be the date as indicated by PJM-EIS GATS or M-RETS that such transfer into Buyer’s PJM-EIS GATS or M-RETS account occurred (the “Date of Initial REC Delivery”). On the Date of Initial REC Delivery, Buyer Xxxxx will designate the immediately following: January 1st, April 1st, July 1st or October 1st as the Delivery Term Start Date. For example, if the Date of Initial REC Delivery is December 15, 2015 then the Delivery Term Start Date shall be January 1, 2016.

Delivery Term Start Date. If the Final System Size is greater than 5kW, then then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-PJM- EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 90 calendar days of the Effective Date of this Agreement. If the Final System Size is equal to or less than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-M- RETS account, as applicable, within 180 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 180 calendar days of the Effective Date of this Agreement. The deadline for the first REC Delivery may be extended by Buyer at its sole discretion, which shall be exercised reasonably. A request for extension may be made by Seller to Buyer in writing in accordance with Article 14. For purposes of this section, the date of such initial transfer of RECs shall be the date as indicated by PJM-EIS GATS or M-RETS that such transfer into Buyer’s PJM-EIS GATS or M-RETS account occurred (the “Date of Initial REC Delivery”). On the Date of Initial REC Delivery, Buyer Xxxxx will designate the immediately following: January 1st, April 1st, July 1st or October 1st as the Delivery Term Start Date. For example, if the Date of Initial REC Delivery is December 15, 2015 then the Delivery Term Start Date shall be January 1, 2016.

Delivery Term Start Date. If the Final System Size is greater than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 90 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 90 calendar days of the Effective Date of this Agreement. If the Final System Size is equal to or less than 5kW, then (a) Seller must initiate its first REC Delivery of the System to the Buyer’s PJM-EIS GATS account or M-RETS account, as applicable, within 180 calendar days of when the System is Energized and registered with PJM-EIS GATS or M-RETS, or (b) if the System is Energized and registered with PJM-EIS GATS or M-RETS prior to the Effective Date of this Agreement, then within 180 calendar days of the Effective Date of this Agreement. The deadline for the first REC Delivery may be extended by Buyer at its sole discretion, which shall be exercised reasonably. A request for extension may be made by Seller to Buyer in writing in accordance with Article 14. For purposes of this section, the date of such initial transfer of RECs shall be the date as indicated by PJM-EIS GATS or M-RETS that such transfer into Buyer’s PJM-EIS GATS or M-RETS account occurred (the “Date of Initial REC Delivery”). On the Date of Initial REC Delivery, Buyer Xxxxx will designate the immediately following: January 1st, April 1st, July 1st or October 1st as the Delivery Term Start Date. For example, if the Date of Initial REC Delivery is December 15, 2015 then the Delivery Term Start Date shall be January 1, 2016.