Common use of GIS account of the Buyer Clause in Contracts

GIS account of the Buyer. As pursuant to Part 2 Rule 2.1 (b) of the NEPOOL- GIS Operating Rules, Certificates are created quarterly on the 15th day of the calendar quarter (the Creation Date) that is the second calendar quarter following the calendar quarter in which the Energy associated with the Certificate was generated. Each Certificate shall be eligible for transfer from its Creation Date; such Certificate shall cease to be eligible for transfer 15 days prior to the end of the calendar quarter in which such Creation Date occurs.

Appears in 23 contracts

Samples: Renewable Energy Credit Agreement, Carbon Mitigation Credit Agreement, Renewable Energy Credit Agreement

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GIS account of the Buyer. As pursuant to Part 2 Rule 2.1 (b) of the NEPOOL- NEPOOL-GIS Operating Rules, Certificates are created quarterly on the 15th day of the calendar quarter (the Creation Date) that is the second calendar quarter following the calendar quarter in which the Energy associated with the Certificate was generated. Each Certificate shall be eligible for transfer from its Creation Date; such Certificate shall cease to be eligible for transfer 15 days prior to the end of the calendar quarter in which such Creation Date occurs.

Appears in 5 contracts

Samples: Memorandum of Understanding, Renewable Energy Credit Agreement, Renewable Energy Credit Agreement

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