Environmental Attributes, Etc Sample Clauses

Environmental Attributes, Etc. The Parties acknowledge that existing and future Law may create value in the ownership, use or allocation of Environmental Attributes, Environmental Incentives or Reporting Rights that would benefit Seller in respect of the System. To the full extent allowed by such Applicable Law, Seller shall own or be entitled to claim all Environmental Attributes, Environmental Incentives or Reporting Rights related to the System. To the extent necessary or desirable and at Seller's request and expense, Host shall execute such documents necessary to assign to, or otherwise evidence in, Seller all right, title and authority for Seller to register, own, hold and manage the same in Seller's own name and to Seller's account, including any rights associated with any Environmental Attributes, Environmental Incentives (other than federal and State tax credits) or Reporting Rights information or tracking system that may be established with regard to monitoring, tracking, certifying or trading such credits. Upon sale of the system to the Host, all Environmental Attributes, Environmental Incentives or Reporting Rights related to the System will be owned by the Host.
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Environmental Attributes, Etc. Purchaser’s purchase of Solar Services does not include Environmental Attributes or Solar Incentives or any other attributes of ownership of the System. Environmental Attributes shall be retained by Provider. Solely for purposes of this Section 5.3, Environmental Attributes shall not include renewable energy credits as defined by MD Code Pub. Util. Cos. § 7-701(i) (“RECs”), which such RECs belong to Purchaser pursuant to MD Code Pub. Util. § 7- 306(h)(5); provided, however, that subject to Sections 2.3 and 7.1(f) of this Agreement, Purchaser hereby transfers to Provider all right, title, and interest in one hundred percent (100%) of the RECs associated with the System’s production for the System’s operating life. Purchaser shall take all reasonable actions necessary to assist Provider in demonstrating Provider’s rights to the RECs, provided that Provider shall promptly reimburse Purchaser for any out-of-pocket costs Purchaser incurs in taking such actions. To avoid any conflicts with fair trade rules regarding claims of solar or renewable energy use, Purchaser, if engaged in commerce and/or trade, shall submit to Provider for approval any press releases regarding Purchaser’s use of solar or renewable energy and shall not submit for publication any such releases without the written approval of Provider. Approval shall not be unreasonably withheld, conditioned or delayed and Provider’s review and approval shall be made in a timely manner to permit Purchaser’s timely publication. Purchaser and Provider may by mutual written agreement set forth specific statements that may be used by Purchaser in any press releases that address Purchaser’s use of solar or renewable energy.
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Related to Environmental Attributes, Etc

  • 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 Requirements C7.1 The Contractor shall, when working on the Premises, perform its obligations under the Contract in accordance with the Authority’s environmental policy, which is to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment.

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