Common use of External Selected Project Clause in Contracts

External Selected Project. The Actual Production associated with the ORECs for a Selected Project interconnecting in a control area adjacent to the NYCA shall be scheduled, delivered to, and settled in the NYISO energy market in each hour via the NYISO or on a bilateral basis to a New York State load-serving entity or end user. Seller shall provide the North American Electric Reliability Corporation (NERC) tag information from the OATI (Open Access Technology International) System, including tag fields Sending and Receiving Control Areas (CA) and Purchasing/Selling Entity (PSE) Name and Number, identifying within the notes section of the tag the Selected Project and the Selected Project’s NYGATS ID number. Compliance with this delivery requirement shall be verified by NYGATS, which shall require an attestation from the importer that the information contained in the NERC tag is accurate and identifies the electricity generated by the Selected Project as the electricity associated with the import. Delivery of electric energy during the Contract Delivery Term that complies with this electricity delivery requirement will be sufficient to support the creation of ORECs by NYGATS up to the Annual OREC Cap and in accordance with the transfer requirements of Section 2.03 of this Agreement. The number of ORECs created will be the lesser of the hourly energy schedule of the import, or the hourly meter reading of the Actual Production of the Selected Project measured at the Injection Point.

Appears in 9 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement

AutoNDA by SimpleDocs

External Selected Project. The Actual Production associated with the ORECs for a Selected Project interconnecting in a control area adjacent to the NYCA New York Control Area shall be scheduled, delivered to, and settled in the NYISO energy market in each hour via the NYISO or on a bilateral basis to a New York State load-serving entity or end user. Seller shall provide the North American Electric Reliability Corporation (NERC) tag information from the OATI (Open Access Technology International) System, including tag fields Sending and Receiving Control Areas (CA) and Purchasing/Selling Entity (PSE) Name and Number, identifying within the notes section of the tag the Selected Project and the Selected Project’s NYGATS ID number. Compliance with this delivery requirement shall be verified by NYGATS, which shall require an attestation from the importer that the information contained in the NERC tag is accurate and identifies the electricity generated by the Selected Project as the electricity associated with the import. Delivery of electric energy during the Contract Delivery Term that complies with this electricity delivery requirement External Selected Project Electricity Delivery Requirement will be sufficient to support the creation of ORECs by NYGATS up to the Annual OREC Cap and in accordance with the transfer requirements of Section 2.03 of this AgreementNYGATS. The number of ORECs created will be the lesser of the hourly energy schedule of delivered at the import, Delivery Point or the hourly meter reading of the Actual Production of the Selected Project measured at the Injection Point.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, portal.nyserda.ny.gov

External Selected Project. The Actual Production associated with the ORECs for a Selected Project interconnecting in a control area adjacent to the NYCA New York Control Area shall be scheduled, delivered to, and settled in the NYISO energy market in each hour via the NYISO or on a bilateral basis to a New York State load-serving entity or end user. Seller shall provide the North American Electric Reliability Corporation (NERC) tag information from the OATI (Open Access Technology International) System, including tag fields Sending and Receiving Control Areas (CA) and Purchasing/Selling Entity (PSE) Name and Number, identifying within the notes section of the tag the Selected Project and the Selected Project’s NYGATS ID number. Compliance with this delivery requirement shall be verified by NYGATS, which shall require an attestation from the importer that the information contained in the NERC tag is accurate and identifies the electricity generated by the Selected Project as the electricity associated with the import. Delivery of electric energy during the Contract Delivery Term that complies with this electricity delivery requirement will be sufficient to support the creation of ORECs by NYGATS up to the Annual OREC Cap and in accordance with the transfer requirements of Section 2.03 2.04 of this Agreement. The number of ORECs created will be the lesser of the hourly energy schedule of the import, or the hourly meter reading of the Actual Production of the Selected Project measured at the Injection Point.

Appears in 1 contract

Samples: Purchase and Sale Agreement

AutoNDA by SimpleDocs

External Selected Project. The Actual Production associated with the ORECs for a Selected Project interconnecting in a control area adjacent to the NYCA shall be scheduled, delivered to, and settled in the NYISO energy market in each hour via the NYISO or on a bilateral basis to a New York State load-serving entity or end user. Seller shall provide the North American Electric Reliability Corporation (NERC) tag information from the OATI (Open Access Technology International) System, including tag fields Sending and Receiving Control Areas (CA) and Purchasing/Selling Entity (PSE) Name and Number, identifying within the notes section of the tag the Selected Project and the Selected Project’s NYGATS ID number. Compliance with this delivery requirement shall be verified by NYGATS, which shall require an attestation from the importer that the information contained in the NERC tag is accurate and identifies the electricity generated by the Selected Project as the electricity associated with the import. Delivery of electric energy during the Contract Delivery Term that complies with this electricity delivery requirement will be sufficient to support the creation of ORECs by NYGATS up to the Annual OREC Cap and in accordance with the transfer requirements of Section 2.03 of this Agreement. The number of ORECs created will be the lesser of the hourly energy schedule of the import, or the hourly meter reading of the Actual Production of the Selected Project measured at the Injection Point.. 18

Appears in 1 contract

Samples: portal.nyserda.ny.gov

Time is Money Join Law Insider Premium to draft better contracts faster.