Post-Closing Purchase and Sale of SRECs Sample Clauses

Post-Closing Purchase and Sale of SRECs. From and after Closing, but subject to the terms of the Solar Renewable Energy Certificates Agreement (and in case of any conflict, the terms of the Solar Renewable Energy Certificates Agreement shall govern): (a) Seller shall (or shall cause NJRES to) promptly transfer back to Buyer (or its assignee) any SRECs generated by the Projects in EY2025 and delivered to NJRES’ SA GATS Account in excess of the 45,000 SRECs sold under the Solar Renewable Energy Certificates Agreement. (b) Seller shall (or shall cause NJRES to) promptly transfer back to Buyer (or its assignee) any SRECs generated by the Projects in EY2026 and delivered to NJRES’ SA GATS Account in excess of the 60,000 SRECs sold under the Solar Renewable Energy Certificates Agreement. (c) While the Projects are associated with NJRES’ SA GATS Account, Seller shall (and shall cause NJRES to) grant Buyer (and its assignee) the necessary permissions with PJM EIS to view the activity in NJRES’ SA GATS Account. (d) NJRES shall establish a new GATS Account, or designate an existing NJRES GATS Account and transfer to another GATS Account any generating units in addition to the Projects that are currently associated with the designated GATS Account (in either case, such new or designated GATS Account shall be referred to as “NJRES’ SA GATS Account”), such that the Projects are the only generating units associated with the NJRES’ SA GATS Account.
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Post-Closing Purchase and Sale of SRECs. 37 Section 5.10. Post-Closing Sale of Additional Projects 38 Section 5.11. Delivery of Abbreviated Audited Financial Statements 39 Section 6.1. Seller Closing Deliverables 39 Section 6.2. Buyer Closing Deliverables 40 Section 7.1. Survival. 40 Section 7.2. Indemnification by Seller 41 Section 7.3. Indemnification by Buyer 41
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Related to Post-Closing Purchase and Sale of SRECs

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall not be in any way affected by such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Waiver The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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