Common use of Obligation to Purchase and Sell RECs Clause in Contracts

Obligation to Purchase and Sell RECs. 5.1.1. Beginning on the date of the satisfaction of all Article 4 pre-requisites, Seller shall sell and Deliver, and Buyer shall purchase and receive, up to the Maximum Contract Quantity of RECs, in accordance with the terms and conditions of this Agreement. Buyer shall be obligated to purchase only those RECs Delivered in accordance with the terms and conditions of this Agreement by Seller to Buyer during the Delivery Term. 5.1.2. In addition to Seller’s sale and Xxxxx’s purchase of RECs, Buyer, without the payment of any additional consideration to Seller, shall receive title to, and Seller shall convey to Buyer, any and all other Environmental Attributes associated with the electricity generated by the System. 5.1.3. Beginning from the Date of Initial REC Delivery through the Delivery Term End Date, Seller shall Deliver RECs associated with the System, up to the Maximum Contract Quantity, exclusively to Buyer, and Seller shall not sell, divert, grant, transfer or assign such RECs to any person other than Buyer unless otherwise specifically provided herein. Seller shall not enter into any agreement or arrangement under which any person other than Buyer can claim such RECs from the Date of Initial REC Delivery through the Delivery Term End Date except as otherwise specifically provided herein. 5.1.4. Seller shall comply with all PJM-EIS GATS or M-RETS rules, as applicable, to the creation and transfer of all RECs to be purchased by Buyer under this Agreement to the extent required for Buyer to obtain full rights and title of the RECs. 5.1.5. Only RECs of the type of REC Product elected on the System Identification Form shall be eligible for Delivery by Seller and for purchase by Buyer in accordance with the provisions of this Agreement.

Obligation to Purchase and Sell RECs. 5.1.1. Beginning on the date of the satisfaction of all Article 4 pre-requisites, Seller shall sell and Deliver, and Buyer shall purchase and receive, RECs associated with the System up to the Maximum Contract Quantity of RECs, in accordance with the terms and conditions of this Agreement. Buyer shall be obligated to purchase only those RECs Delivered in accordance with the terms and conditions of this Agreement by Seller to Buyer during the Delivery Term. 5.1.2. In addition to Seller’s sale and Xxxxx’s purchase of RECs, Buyer, without the payment of any additional consideration to Seller, shall receive title to, and Seller shall convey to Buyer, any and all other Environmental Attributes associated with the electricity generated by the System. 5.1.3. Beginning from the Date of Initial REC Delivery through the Delivery Term End Date, Seller shall Deliver RECs associated with the System, up to the Maximum Contract Quantity, exclusively to Buyer, and Seller shall not sell, divert, grant, transfer or assign such RECs to any person other than Buyer unless otherwise specifically provided herein. Seller shall not enter into any agreement or arrangement under which any person other than Buyer can claim such RECs from the Date of Initial REC Delivery through the Delivery Term End Date except as otherwise specifically provided herein. 5.1.4. Seller shall comply with all PJM-EIS GATS or M-RETS rules, as applicable, to the creation and transfer of all RECs to be purchased by Buyer under this Agreement to the extent required for Buyer to obtain full rights and title of the RECs. 5.1.5. Only RECs of the type of REC Product elected on the System Identification Form shall be eligible for Delivery by Seller and for purchase by Buyer in accordance with the provisions of this Agreement.

Obligation to Purchase and Sell RECs. 5.1.1. Beginning on the date of the satisfaction of all Article 4 pre-requisites, Seller shall sell and Deliver, and Buyer shall purchase and receive, RECs associated with the System up to the Maximum Contract Quantity of RECs, in accordance with the terms and conditions of this Agreement. Buyer shall be obligated to purchase only those RECs Delivered in accordance with the terms and conditions of this Agreement by Seller to Buyer during the Delivery Term. 5.1.2. In addition to Seller’s sale and XxxxxBuyer’s purchase of RECs, Buyer, without the payment of any additional consideration to Seller, shall receive title to, and Seller shall convey to Buyer, any and all other Environmental Attributes associated with the electricity generated by the System. 5.1.3. Beginning from the Date of Initial REC Delivery through the Delivery Term End Date, Seller shall Deliver RECs associated with the System, up to the Maximum Contract Quantity, exclusively to Buyer, and Seller shall not sell, divert, grant, transfer or assign such RECs to any person other than Buyer unless otherwise specifically provided herein. Seller shall not enter into any agreement or arrangement under which any person other than Buyer can claim such RECs from the Date of Initial REC Delivery through the Delivery Term End Date except as otherwise specifically provided herein. 5.1.4. Seller shall comply with all PJM-EIS GATS or M-RETS rules, as applicable, to the creation and transfer of all RECs to be purchased by Buyer under this Agreement to the extent required for Buyer to obtain full rights and title of the RECs. 5.1.5. Only RECs of the type of REC Product elected on the System Identification Form shall be eligible for Delivery by Seller and for purchase by Buyer in accordance with the provisions of this Agreement.

Obligation to Purchase and Sell RECs. 5.1.1. 5.1.1 Beginning on the date of the Seller’s satisfaction of all Article 4 pre-pre- requisites, Seller shall sell and Deliver, and Buyer shall purchase and receive, up to the Maximum Contract Quantity of receive RECs, in accordance with the terms and conditions of this Agreement. Buyer shall be obligated to purchase only those RECs Delivered in accordance associated with the terms energy that is generated by the Facility on and conditions after the satisfaction of this Agreement by Seller to Buyer during all Article 4 pre-requisites and continuing through the remainder of the Delivery Term. 5.1.2. 5.1.2 In addition to Seller’s sale and XxxxxBuyer’s purchase of RECs, Buyer, without the payment of any additional consideration to Seller, shall receive title to, and Seller shall convey to Buyer, any and all other Environmental Attributes associated with the electricity generated by the SystemFacility. 5.1.3. Beginning from the Date of Initial REC Delivery through the Delivery Term End Date, 5.1.3 Seller shall Deliver RECs associated with the System, up to the Maximum Contract QuantityFacility, exclusively to Buyer, and Seller shall not sell, divert, grant, transfer or assign such RECs to any person other than Buyer during the Term unless otherwise specifically provided herein. Seller shall not enter into any agreement or arrangement under which any person other than Buyer can claim such RECs from the Date of Initial REC Delivery through the Delivery Term End Date except as otherwise specifically provided herein. Buyer shall have the exclusive right to resell or convey RECs in its sole discretion. 5.1.4. 5.1.4 Seller shall comply with all PJM-EIS GATS or M-RETS rules, as applicable, NEPOOL GIS Operating Rules relating to the creation and transfer of all RECs to be purchased by Buyer under this Agreement and all other NEPOOL GIS Operating Rules to the extent required for Buyer to obtain full rights and title of the RECs. 5.1.5. Only RECs of the type of REC Product elected on the System Identification Form shall be eligible for Delivery by Seller and for purchase by Buyer in accordance with the provisions of this Agreement.FOR