Common use of FERC Status Clause in Contracts

FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, Seller shall obtain and maintain FERC authorization to sell Products at market-based rates at all times on and after the Commercial Operation Date.

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, it shall maintain the Facility’s status as a EWG (to the extent Seller shall obtain and maintain FERC authorization to sell Products at market-based rates meets the criteria for such status) at all times on and after the Commercial Operation DateDate and shall obtain and maintain any requisite authority to sell the output of the Facility at market-based rates, including market-based rate authority to the extent applicable.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, Seller it shall obtain and maintain FERC authorization to sell Products at market-based rates status as an EWG at all times on and after the Commercial Operation DateDate and shall obtain and maintain any requisite authority to sell the output of the Facility at market-based rates, including market-based rate authority.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, Seller shall obtain and maintain FERC authorization to sell Products at market-based rates at all times on and after the Commercial Delivery Term StartCommercial Operation Date.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, Seller shall obtain and maintain FERC authorization to sell Products at market-based rates at all times on and after the Commercial Operation Delivery Term Start Date.

Appears in 1 contract

Samples: Power Purchase Agreement

FERC Status. Seller shall be responsible for ensuring that it is in compliance with all FERC directives and requirements necessary for Seller to fulfill its obligations under this Agreement. As part of Seller’s satisfaction of this responsibility, it shall maintain the Facility’s status as a EWG (to the extent Seller shall obtain and maintain FERC authorization to sell Products at market-based rates at all times on and after meets the Commercial Operation Date.criteria for such status) at

Appears in 1 contract

Samples: Power Purchase Agreement

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