Maximum Commitment/Limitation. The maximum number of Tier-1 Renewable Energy Certificates NYSERDA shall be obligated to purchase under this Agreement shall be equal to the Annual REC Cap multiplied by the Bid Price multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is ($ .00).
Appears in 3 contracts
Samples: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement, Renewable Energy Standard Agreement
Maximum Commitment/Limitation. The maximum number of Tier-1 Tier-2 Renewable Energy Certificates NYSERDA shall be obligated to purchase under this Agreement shall be equal to the Annual REC Cap Bid Quantity multiplied by the Bid Price multiplied by the three (3)(the number of years in the Contract Delivery Term). The maximum aggregate amount payable by NYSERDA to Seller hereunder is ($ .00).
Appears in 2 contracts
Samples: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement
Maximum Commitment/Limitation. The maximum number of Tier-1 Renewable Energy Certificates NYSERDA shall be obligated to purchase under this Agreement shall be equal to one hundred and twenty percent (120%) of the Annual REC Cap Bid Quantity (rounded down to the nearest whole REC) multiplied by the Bid Price multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is ($ _.00).
Appears in 2 contracts
Samples: Res Standard Form Agreement, Res Standard Form Agreement
Maximum Commitment/Limitation. The maximum number of Tier-1 Renewable Energy Certificates NYSERDA shall be obligated to purchase under this Agreement shall be equal to the Annual REC Cap multiplied by one hundred and twenty percent (120%) of the Bid Price Quantity multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is ($ .00).
Appears in 1 contract
Samples: Res Standard Form Agreement
