Environmental Credits. To the extent not prohibited by law, any Environmental Credit shall be the property of the Company; provided, however, that such Environmental Credits shall be to the benefit of the Company’s ratepayers in that the value must be credited “above the line”. Seller shall use all reasonable efforts to ensure such Environmental Credits are vested in the Company, and shall execute all documents, including, but not limited to, documents transferring such Environmental Credits, without further compensation; provided, however, that the Company agrees to pay for reasonable costs associated with such efforts and/or documentation.
Appears in 5 contracts
Samples: Schedule Fit Tier 1 and Tier 2 Agreement, Schedule Fit Tier 1 and Tier 2 Agreement, Schedule Fit Tier 1 and Tier 2 Agreement
Environmental Credits. To the extent not prohibited by law, any Environmental Credit shall be the property of the Company; provided, however, that such Environmental Credits shall be to the benefit of the Company’s 's ratepayers in that the value must be credited “"above the line”". Seller shall use all commercially reasonable efforts to ensure such Environmental Credits are vested in the Company, and shall execute all documents, including, but not limited to, documents transferring such Environmental Credits, without further compensation; provided, however, that the Company agrees to pay for all reasonable costs associated with such efforts and/or documentation.
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Environmental Credits. To the extent not prohibited by law, any Environmental Credit shall be the property of the Company; provided, however, that such Environmental Credits shall be to the benefit of the Company’s ratepayers in that the value must be credited “above the line”. The Seller shall use all reasonable efforts to ensure such Environmental Credits are vested in the Company, and shall execute all documents, including, but not limited to, documents transferring such Environmental Credits, without further compensation; , provided, however, that the Company agrees to pay for reasonable costs associated with such efforts and/or documentation.,
Appears in 1 contract
Samples: Power Purchase Agreement (Hawaiian Electric Industries Inc)
Environmental Credits. To the extent not prohibited by law, any Environmental Credit shall be the property of the Company; provided, however, that such Environmental Credits shall be to the benefit of the Company’s ratepayers in that the value must be credited “above the line”. Seller shall use all reasonable efforts to ensure such Environmental Credits are vested in the Company, and shall execute all documents, including, but not limited to, documents transferring such Environmental Credits, without further compensation; , provided, however, that the Company agrees to pay for all reasonable costs associated with such efforts and/or documentation.
Appears in 1 contract
