Common use of Emissions Credits Clause in Contracts

Emissions Credits. The Owner Entity shall make available and transfer to Power Marketing, as its exclusive agent, all Emissions Credits owned, earned or acquired by the Owner Entity that are in excess of the amount of Emissions Credits required to operate the Units at their scheduled capacity. Power Marketing shall procure for the Owner Entity all Emissions Credits, in excess of those generated by the Owner Entity, that are required by the Owner Entity to operate the Units at their scheduled capacity. The Owner Entity shall cause the Operator to notify Power Marketing on a regular basis, sufficiently in advance of the need therefor, of the amount of any emissions Credits that Power Marketing is to required provide pursuant to this Agreement.

Appears in 10 contracts

Samples: Power Sales and Agency Agreement (Somerset Power LLC), Power Sales and Agency Agreement (Somerset Power LLC), Power Sales and Agency Agreement (Somerset Power LLC)

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Emissions Credits. The Owner Entity shall make available and transfer to Power Marketing, as its exclusive agent, all Emissions Credits owned, earned or acquired by the Owner Entity that are in excess of the amount of Emissions Credits required to operate the Units at their scheduled capacity. Power Marketing shall procure for the Owner Entity all Emissions Credits, in excess of those generated by the Owner Entity, that are required by the Owner Entity to operate the Units at their scheduled capacity. The Owner Entity shall cause the Operator to notify Power Marketing on a regular basis, sufficiently in advance of the need therefor, . of the amount of any emissions Credits that Power Marketing is to required provide pursuant to this Agreement.

Appears in 1 contract

Samples: Power Sales and Agency Agreement (Somerset Power LLC)

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