Common use of Other Attributes Clause in Contracts

Other Attributes. In the event that, because of the Environmental Attributes of the Actual Production, Seller becomes eligible, at no incremental cost to Seller other than de minimis administrative cost, for credits, allowances or other benefits under any emission-trading, emission-recordation, renewable energy, or other greenhouse gas emissions reduction regime other than the Clean Energy Standard and the Offshore Wind Standard (“Credits”), NYSERDA may request that Seller take all commercially reasonable actions necessary to apply for and secure such title to such Credits, to the maximum extent to which the Selected Project is entitled. Seller shall provide NYSERDA with evidence of taking such actions. NYSERDA and Seller shall reasonably cooperate to cause title to such Credits to be conveyed to NYSERDA after such title is secured by Seller.

Appears in 8 contracts

Samples: Purchase and Sale Agreement, Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement

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Other Attributes. In the event that, because of the Environmental Attributes of represented by the Actual ProductionTier 4 RECs conveyed through this Agreement, Seller becomes eligible, at no incremental cost to Seller other than de minimis administrative cost, for credits, allowances or other benefits under any emission-trading, emission-recordation, renewable energy, or other greenhouse gas emissions reduction regime other than the Clean Energy Standard and the Offshore Wind Standard (“Credits”), NYSERDA may request that Seller take all commercially reasonable actions necessary to apply for and secure such title to such Credits, to the maximum extent to which the Selected Project is entitled. Seller shall provide NYSERDA with evidence of taking such actions. NYSERDA and Seller shall reasonably cooperate to cause title to such Credits to the extent constituting Environmental Attributes to be conveyed to NYSERDA after such title is secured by Seller.

Appears in 1 contract

Samples: Renewable Energy Certificate Purchase and Sale Agreement

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Other Attributes. In the event that, because of the Environmental Attributes of represented by the Actual ProductionTier 4 RECs conveyed through this Agreement, Seller becomes eligible, at no incremental cost to Seller other than de minimis administrative cost, for credits, allowances or other benefits under any emission-trading, emission-recordation, renewable energy, or other greenhouse gas emissions reduction regime other than the Clean Energy Standard and the Offshore Wind Standard (“Credits”), NYSERDA may request that Seller take all commercially reasonable actions necessary to apply for and secure such title to such Credits, to the maximum extent to which the Selected Project is entitled. Seller shall provide NYSERDA with evidence of taking such actions. NYSERDA and Seller shall reasonably cooperate to cause title to such Credits Credits, to the extent constituting Environmental Attributes, to be conveyed to NYSERDA after such title is secured by Seller.

Appears in 1 contract

Samples: Certificate Purchase and Sale Agreement

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