GHG Emissions Allowances. Seller elects one of the following: (a) (b), provided however, that this Section 1.09 shall not be applicable when the Monthly Contract Payment is calculated in accordance with Exhibit B (1). (a) Seller shall manage its own GHG Emissions Allowances and request payment from Buyer in accordance with Section 3.03. (b) PG&E shall purchase GHG Emissions Allowances on behalf of Seller upon the CPUC’s adoption of the necessary procedure. Until such time, Buyer will reimburse Seller per section 1.09(a), above.
Appears in 3 contracts
Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement
GHG Emissions Allowances. Seller elects one of the following: (a) (b), provided provided, however, that this Section 1.09 1.08 shall not be applicable when the Monthly Contract Payment is calculated in accordance with Exhibit B C (1).): [ ]1
(a) Seller shall manage its own GHG Emissions Allowances and request payment from Buyer in accordance with Section 3.03.
(b) PG&E shall purchase GHG Emissions Allowances on behalf of Seller upon the CPUC’s adoption of the necessary procedure. Until such time, Buyer will reimburse Seller per section 1.09(a(a), above.
Appears in 2 contracts
Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement
