Common use of Form of Invoice Clause in Contracts

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted invoices under this Agreement shall be due and payable on the last Business Day of the month in which the invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot be processed by the last Business Day of the month in which the invoice is rendered. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due Date: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted All invoices under this Agreement shall be payable and due and payable on the last Business Day of the month in which the invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot be processed by the last Business Day of the month in which the invoice is renderedthat immediately follows a Delivery Month. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due Date: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted invoices under this Agreement shall be due and payable on the last Business Day of the month in which the invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot be processed by the last Business Day of the month in which the invoice is rendered. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due Date: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E E‌ Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted All invoices under this Agreement shall be payable and due and payable on the last Business Day of the month in which the that immediately follows a Delivery Month. No more than one (1) invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot will be processed by the last Business Day of the month in which the invoice is renderedfor payment for each Delivery Month. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due Date: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Purchase Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted All invoices under this Agreement shall be payable and due and payable on the last Business Day of the month in which the that immediately follows a Delivery Month. No more than one (1) invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot will be processed by the last Business Day of the month in which the invoice is renderedfor payment for each Delivery Month. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project P roject PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment P ayment Due DateDate Due: Delivery D elivery Month: Vintage and _ Quantity of RECs Delivered: REC Monthly Purchase Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment for timely submitted All invoices under this Agreement shall be payable and due and payable on the last Business Day of the month in which the that immediately follows a Delivery Month. No more than one (1) invoice is rendered or the last Business Day of the following month if the invoice is rendered late and cannot will be processed by the last Business Day of the month in which the invoice is renderedfor payment for each Delivery Month. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due DateDate Due: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Purchase Price: $ Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary:

Form of Invoice. During the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or before the 10th day of the month immediately following each Delivery Month (“Invoice Due Date”) in which RECs are Delivered. Payment AllPayment for timely submitted invoices under this Agreement shall be due and payable and due on the last Business Day of the month in that immediately follows a Delivery Month. No more than one (1)in which the invoice is xxxxxx rendered or the last Business Day of the following month if the invoice is rendered late and cannot be processed by for payment for each Delivery Monthby the last Business Day of the month in which the invoice is rendered. (The Form of Invoice must contain information for the Project in this Agreement) Invoice Date: Project PJM-EIS GATS or M-RETS ID: Buyer: Buyer Address: Seller name: Seller address: Payment Due Date: Delivery Month: Vintage and Quantity of RECs Delivered: REC Monthly Excess RECs Delivered in Delivery Month to be returned to Seller (if the Delivery Year Requirement has been met): Excess RECs from prior Delivery Years, by Vintage Month, transferred to meet the current Delivery Year Requirement (if invoice is for last Vintage Month in Delivery Year) : Current Delivery Year Requirement and RECs from current Delivery Year Vinatge that has been used cumulatively to meet the Delivery Year Requirement : Purchase Price: $ $30 per REC Invoice Amount: $ REMIT PAYMENT TO: Wire Transfer: ACH Transfer: EXHIBIT E Form of Security Instruments Exhibit E-1 Form of Letter of Credit OPTION 1 IRREVOCABLE STANDBY LETTER OF CREDIT FORM DATE OF ISSUANCE: [Address] Re: Credit No. We, (the “Issuing Bank”), hereby establish our Irrevocable Transferable Standby Letter of Credit (the “Letter of Credit”) in favor of (you, the “Beneficiary”) for the account of (the “Account Party”), for the aggregate amount not exceeding United States Dollars ($ ), available to you at sight upon demand at our counters at [designate Issuing Bank’s location for presentments] on or before the expiration hereof against presentation to us of one or more of the following statements, dated and signed by an Authorized Officer of the Beneficiary: