Common use of Obligations of BGS-RSCP Supplier Clause in Contracts

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (v) to pay to the Company a Charge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vi) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility Share; and (vii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (v) to pay to the Company a Charge charge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vi) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility Share; and (vii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (v) to pay to the Company a Charge charge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- BGS-RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vi) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility Share; and (vii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (v) to pay to the Company a Charge charge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vi) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility ShareShare and to transfer to the Company Renewable Energy Certificates and Solar Renewable Energy Certificates in accordance with Section 7.4; and (vii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the qualify as a Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share on or before May 1, 2025, and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to communicate to the Company its PJM Short Name on or before May 1, 2025; (v) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (vvi) to pay to the Company a Charge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vivii) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility Share; and (viiviii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.

Obligations of BGS-RSCP Supplier. Each BGS-RSCP Supplier hereby agrees severally, but not jointly, as follows: (i) to provide sufficient quantities of BGS-RSCP Supply on an instantaneous basis at all times to meet the BGS-RSCP Supplier Responsibility Share; without limitation, the BGS-RSCP Supplier shall be obligated to procure those services provided by the PJM OI and to perform such functions as may be required by the PJM OI that are necessary for the delivery of BGS-RSCP Supply required hereunder; (ii) to cooperate with the Company in any regulatory compliance efforts that may be required to maintain the ongoing legitimacy and enforceability of the terms of this Agreement and to fulfill any regulatory reporting requirement associated with the provision of BGS-RSCP Supply, before the BPU, FERC or any other regulatory body asserting jurisdiction, including meeting the reporting requirements of any Energy Portfolio Standards and the BPU’s Environmental Information Disclosure Standards, N.J.A.C. 14:8.3 et seq; (iii) to become the Load Serving Entity with respect to the provision of BGS-RSCP Supply for the BGS-RSCP Supplier Responsibility Share and to comply with all requirements of a Load Serving Entity with respect to such BGS-RSCP Supplier Responsibility Share; (iv) to pay to the Company the PMEA/FMEA Adjustment Amount for any Billing Month in which the PMEA exceeds the FMEA, as more fully described in Article 9 of this Agreement; (v) to pay to the Company a Charge chargeCharge of $ per Tranche, which amount was announced prior to the auction for each Tranche comprising the BGS- BGS-RSCP Supplier’s BGS-RSCP Supplier Responsibility Share, in order to reimburse the Company for the total costs of the BGS-RSCP auction and related costs associated with providing BGS-RSCP administration; (vi) to satisfy the Energy Portfolio Standards with respect to its BGS- RSCP Supplier Responsibility Share; and (vii) to comply in a timely manner with all obligations under this Agreement imposed upon a BGS-RSCP Supplier.