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, 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.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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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.

Appears in 3 contracts

Samples: Cover Sheet, Cover Sheet, Cover Sheet

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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, RECs associated with the System 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.

Appears in 1 contract

Samples: Service Agreement

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