Common use of Insufficient Transfer Clause in Contracts

Insufficient Transfer. The failure by the Bid Facility to Transfer Tier-1 Renewable Energy Certificates to the NYSERDA NYGATS Account in a number equaling at least 65% of the Bid Quantity during any Contract Year; or

Appears in 3 contracts

Sources: Res Standard Form Agreement, Res Standard Form Agreement, Res Standard Form Agreement

Insufficient Transfer. The failure by the Bid Facility to Transfer Tier-1 Renewable Energy Certificates to the NYSERDA NYGATS Account in a number equaling at least 65% of the Bid Quantity during any Contract Year, less any Excused Production; or

Appears in 2 contracts

Sources: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement