Common use of Failure to Produce Clause in Contracts

Failure to Produce. The failure by the Bid Facility to generate energy in a quantity sufficient to support the creation of Tier-1 Renewable Energy Certificates in a number equaling at least 65% of the Bid Quantity during any Contract Year; or

Appears in 3 contracts

Samples: Res Standard Form Agreement, Res Standard Form Agreement, Res Standard Form Agreement

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Failure to Produce. The failure by the Bid Facility to generate energy in a quantity sufficient to support the creation of Tier-1 Renewable Energy Certificates in a number equaling at least 65% of the Bid Quantity Quantity, less any Excused Production, during any Contract Year; or

Appears in 2 contracts

Samples: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement

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