Common use of Maintenance of Facility's Status Clause in Contracts

Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement as the source of energy for the Net Energy sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying Facility. Buyer shall have the right, upon reasonable notice of not less than twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or verify compliance under this Agreement. In the event of an Emergency impacting Buyer’s system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying that the Facility has continuously maintained its status as a Qualifying Facility during the prior Calendar Year.

Appears in 2 contracts

Samples: Offer Power Purchase Agreement, Renewable Power Purchase Agreement

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Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement solar photovoltaic as the source of energy for the Net Energy sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying Facility. Buyer shall have the right, upon reasonable notice of not less than Page14of67 twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or verify compliance under this Agreement. In the event of an Emergency impacting Buyer’s 's system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying that the Facility has continuously maintained its status as a Qualifying Facility during the prior Calendar Year.

Appears in 1 contract

Samples: Power Purchase Agreement

Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement solar photovoltaic as the source of energy for the Net Energy and related Electrical Products sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying Facility. Buyer shall have the right, upon reasonable notice of not less than twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or verify compliance under this Agreement. In the event of an Emergency impacting Buyer’s 's system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying that the Facility has continuously maintained its status as a Qualifying Facility during the prior Calendar Year.. ARTICLE Ill

Appears in 1 contract

Samples: Power Purchase Agreement

Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement solar photovoltaic as the source of energy for the Net Energy sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying Facility. Buyer shall have the right, upon reasonable notice of not less than twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or verify compliance under this Agreement. In the event of an Emergency impacting Buyer’s 's system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying that the Facility has continuously maintained its status as a Qualifying Facility during the prior Calendar Year.

Appears in 1 contract

Samples: Power Purchase Agreement

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Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement solar photovoltaic as the source of energy for the Net Energy and, as applicable, RECs and other Environmental Attributes sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying Facility. Buyer shall have the right, upon reasonable notice of not less than twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or and or verify compliance under this Agreement. In the event of an Emergency impacting Buyer’s 's system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying that the Facility has continuously maintained its status as a Qualifying Facility during the prior Calendar Year.

Appears in 1 contract

Samples: Power Purchase Agreement

Maintenance of Facility's Status. Seller shall use only the Renewable Generation Resource specified in this Agreement solar photovoltaic as the source of energy for the Net Energy sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying QualifYing Facility throughout the Term of this Agreement. Seller shall at all times keep Buyer informed of any material changes in its business that affects its status as a Qualifying QualifYing Facility. Buyer shall have the right, upon reasonable notice of not less than twenty-four (24) hours (and immediately, subject to the terms below, in the case of an Emergency), to read meters, to inspect the Facility and to examine any books, records, or other documents and take any other actions reasonably deemed necessary to perform and/or verify verif'y compliance under this Agreement. In the event of an Emergency impacting Buyer’s 's system that occurs at or near the Facility, Buyer shall make reasonable efforts to notify notif'y the Seller and make arrangements for an emergency inspection. On or before March 31 of each year during the Term of this Agreement, Seller shall provide Buyer a certificate signed by an officer of Seller certifying certifYing that the Facility has continuously maintained its status as a Qualifying QualifYing Facility during the prior Calendar Year.

Appears in 1 contract

Samples: Power Purchase Agreement

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