Disadvantaged Community Commitments Sample Clauses

Disadvantaged Community Commitments. The Parties acknowledge the importance of designing the relevant investments made by the Selected Project to provide benefits to and reduce burdens on Disadvantaged Communities in accordance with the PSC’s “Order Adopting Modifications to the Clean Energy Standard”.9 Consistent with this goal:
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Disadvantaged Community Commitments. The Parties acknowledge the importance of designing the relevant investments made by the Selected Project to provide benefits to and reduce burdens on Disadvantaged Communities in accordance with the PSC’s “Order Adopting Modifications to the Clean Energy Standard”.9 Consistent with this goal: Seller agrees to fulfill all specific Disadvantaged Community Commitments identified in the Proposal, which shall include: [Include description of each Disadvantaged Community Commitment contained in the Proposal] With NYSERDA’s consent, Seller may substitute a Disadvantaged Community Commitment identified in Section 6.05(a) with a substitute Disadvantaged Community Commitment of equal or greater value to Disadvantaged Community(ies) in New York State. Should Seller fail to fulfill any Disadvantaged Community Commitment it is obligated to fulfill under Section 6.05(a) or 6.05(b), Seller shall make payment to NYSERDA in the amount of the unfulfilled dollar value of such commitment no later than sixty (60) days after the Commercial Operation Date or the date identified in such commitment, whichever is later. Seller intends to make investments in New York State to help ensure that members of Disadvantaged Communities share in the Economic Benefits that will be generated as a result of this Agreement. Seller will make reasonable efforts to ensure that members of Disadvantaged Communities are apprised of employment opportunities in connection with the Selected Project and to put in place processes to ensure that businesses in Disadvantaged Communities have the opportunity and awareness to compete for contracting opportunities and, to advance the interests of Disadvantaged Communities when making the investments set out in Exhibit D of this Agreement in accordance with Section 12.01(c). As part of the quarterly progress reports described in Section 6.02, Seller shall describe the activities undertaken in accordance with this Section 6.05 associated with Disadvantaged Communities.

Related to Disadvantaged Community Commitments

  • Disadvantaged Business Enterprise To the extent authorized by applicable federal laws, regulations, or requirements, the Recipient agrees to facilitate, and assures that each Third Party Participant will facilitate, participation by small business concerns owned and controlled by socially and economically disadvantaged individuals, also referred to as “Disadvantaged Business Enterprises” (DBEs), in the Underlying Agreement as follows:

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