Common use of Grants and Environmental Credits Clause in Contracts

Grants and Environmental Credits. Any grants from any Governmental Authority, crown corporation or non-governmental authority that may be derived from a reduction in costs for consumption of heat and hot water by the Buildings and all right, title and interest in the potential or actual commercial value of any Environmental Credit that may arise or accrue by virtue of the installation or operation of the Infrastructure (or any portion) or the NDES will be used in accordance with the Infrastructure Agreement to reduce rates for NDES Customers.

Appears in 3 contracts

Samples: Energy Services Agreement, Energy Services Agreement, Energy Services Agreement

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Grants and Environmental Credits. Any grants from any Governmental Authority, crown corporation or non-governmental authority that may be derived from a reduction in costs for consumption of heat and hot water by the Buildings and all right, title and interest now or hereafter existing in the potential or actual commercial value of any Environmental Credit that may arise or accrue by virtue of the installation or operation of the Infrastructure (or any portionportion thereof) or the NDES NUS will be used in accordance with the Infrastructure Agreement belong to reduce rates for NDES CustomersCorix.

Appears in 2 contracts

Samples: Nus Servicing Agreement, Nus Servicing Agreement

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