Environmental Attributes and Verification Sample Clauses

Environmental Attributes and Verification. The Product is a Standard REC. The Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction, (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this REC Contract. For the avoidance of doubt, any Standard REC sold hereunder must meet the definition of “renewable energy credit” under the IPA Act.
Sample 1Sample 2Sample 3See All (56)
AutoNDA by SimpleDocs
Environmental Attributes and Verification. The Product is CMC. Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction, (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this CMC Contract. For the avoidance of doubt, any CMC Delivered hereunder must meet the definition of “Carbon Mitigation Credit” under the IPA Act.
Sample 1Sample 2Sample 3See All (4)
Environmental Attributes and Verification. Party A acknowledges and agrees that any Environmental Attribute associated with or related to the REC, including without limitation any verified emissions reduction (“VER”), (or the REC itself) will not be sold or otherwise made available to a third party but will be transferred to Party B pursuant to this PPA. For the avoidance of doubt, any REC provided hereunder must meet the definition of “renewable energy credit” under the Illinois Power Agency Act.
Sample 1Sample 2
Environmental Attributes and Verification. The Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction (“VER”), (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this REC Contract (as further set forth in the definition of “Standard REC”). For the avoidance of doubt, any REC sold hereunder must meet the definition of “renewable energy credit” under the Illinois Power Agency Act.
Sample 1Sample 2
Environmental Attributes and Verification. The Product is a Standard REC. The Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction, (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this REC Contract. For the avoidance of doubt, any Standard REC sold hereunder must meet the definition of “renewable energy credit” under the IPA Act. Capacity that has been subscribed by the Anchor Tenant and by End Use Customers for the sixth Delivery Year is 68%, then a draw shall occur based on Seller achieving only a 67% subscription rate in the fifth Delivery Year and only 68% subscriber rate in the sixth Delivery Year. For avoidance of doubt, the draw shall occur pursuant to Section 6(d)(v) at the conclusion of the annual review process for the sixth Delivery Year.
Sample 1
Environmental Attributes and Verification. The Product is ZEC. Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction, (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this ZEC Contract. For the avoidance of doubt, any ZEC Delivered hereunder must meet the definition of “Zero Emission Credit” under the IPA Act.
Sample 1
Environmental Attributes and Verification. The Product is a Standard REC. The Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product, including without limitation any verified emissions reduction, (or the Product itself) will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this REC Contract. For the avoidance of doubt, any Standard REC sold hereunder must meet the definition of “renewable energy credit” under the IPA Act. 1 If the first REC Delivery occurred on October 15, 2020, the first Delivery Year for which a True-Up Payment Amount will be calculated shall be for the Delivery Year commencing June 1, 2020 through May 31, 2021.
Sample 1
AutoNDA by SimpleDocs

Related to Environmental Attributes and Verification

  • Environmental Compliance (a) No Loan Party or Restricted Subsidiary (i) has failed to comply in all material respects with applicable Environmental Law or to obtain, maintain or comply with any Environmental Permit, (ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any material Environmental Liability or (iv) has a Responsible Officer with knowledge of any basis for any material Environmental Liability, except, in each case, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (i) None of the properties currently or formerly owned or operated by any Loan Party or Restricted Subsidiary is or was listed or, to the knowledge of any Responsible Officer was proposed for listing on the NPL or on the CERCLIS or any analogous state or local list at any time while such property was owned by such Loan Party or, to the knowledge of any Responsible Officer, at any time prior to or after such property was owned by such Loan Party, and, to the knowledge of any Responsible Officer, no property currently owned or operated by any Loan Party or Restricted Subsidiary is adjacent to any such property, in each case in connection with any matter for which any Loan Party or Restricted Subsidiary would have any material Environmental Liability; (ii) there are no, or, to the knowledge of any Responsible Officer, never have been any underground or above-ground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials are being or have been treated, stored or disposed on any property currently owned or operated by any Loan Party or Restricted Subsidiary in violation of any Environmental Laws or, to the knowledge of any Responsible Officer, on any property formerly owned or operated by any Loan Party or Restricted Subsidiary; (iii) there is no friable asbestos or friable asbestos-containing material on any property currently owned or operated by any Loan Party or Restricted Subsidiary; (iv) Hazardous Materials have not been Released, discharged or disposed of on any property currently or formerly owned or operated by any Loan Party or Restricted Subsidiary in violation of any Environmental Laws; and (v) to the knowledge of any Responsible Officer, there are no pending or threatened Liens under or pursuant to any applicable Environmental Laws on any real property or other assets owned or leased by any Loan Party or Restricted Subsidiary, and to the knowledge of any Responsible Officer, no actions by any Governmental Authority have been taken or are in process which would subject any of such properties or assets to such Liens, except, in the case of clauses (i) through (v) above, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (c) No Loan Party or Restricted Subsidiary is undertaking, and no Loan Party or Restricted Subsidiary has completed, either individually or together with other potentially responsible parties, any investigation or assessment or remedial or response action relating to any actual or threatened Release, discharge or disposal of Hazardous Materials at any site, location or operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements of any Environmental Law that has or would reasonably be expected to have a Material Adverse Effect; and all Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any property currently or formerly owned or operated by any Loan Party or Restricted Subsidiary have been disposed of in a manner not reasonably expected, individually or in the aggregate, to have a Material Adverse Effect.

  • Environmental and Social Safeguards In carrying out Sub-projects, the Recipient shall: ensure that the proceeds of Disaster Management Kelurahan Grants shall not be used to finance the acquisition of land; take measures to avoid or minimize the acquisition of land or assets of villagers, and to avoid the displacement of such villagers; shall apply, and shall ensure that each Participating Kelurahan shall apply, the Land Acquisition and Resettlement Framework to Sub-project implementation, including: taking all appropriate measures to avoid or minimize the acquisition of land or assets of people and to avoid the displacement of such people; where the acquisition of land or assets or the displacement of people is unavoidable under a proposed Sub-project, ensuring that all Displaced Persons thereunder shall have been compensated and provided with resettlement and rehabilitation measures prior to the implementation of such Sub-project and in accordance with the provisions of the Land Acquisition and Resettlement Framework; and in the case of the physical displacement of persons involving the displacement of more than 200 people as a result of a Sub-project, ensure: (A) preparing a Land Acquisition and Resettlement Action Plan in accordance with the Land Acquisition and Resettlement Framework and furnish such plan to the World Bank for approval; and (B) prior to the carrying out of the Sub-project, ensuring that all Displaced Persons shall have been compensated and provided with applicable resettlement and rehabilitation benefits in accordance with the provisions of such plan. In carrying out Sub-projects, the Recipient shall apply, and shall ensure that each Participating Kelurahan shall apply, the Isolated and Vulnerable Peoples Framework to Sub-project implementation, including: avoid, and, if not possible, minimize cultural, social and economic adverse effects on Isolated and Vulnerable People, caused or likely to be caused by the Project, by taking appropriate mitigating measures; and

  • ENVIRONMENTAL CONCERNS 38.7.8.1 In the worse case scenario, many environmental concerns must be addressed. Along with the police and fire marshal, the state environmental protection department will be on site to monitor the situation. 38.7.8.2 Items to be concerned with in a large central office building could include: 38.7.8.2.1 Emergency engine fuel supply. Damage to the standby equipment and the fuel handling equipment could have created “spill” conditions that have to be handled within state and federal regulations. 38.7.8.2.2 Asbestos-containing materials that may be spread throughout the wreckage. Asbestos could be in many components of building, electrical, mechanical, outside plant distribution, and telephone systems.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!