Purchase of Environmental Attributes Sample Clauses

Purchase of Environmental Attributes. (a) In the event that, during the Term, Seller desires to enter into a contract to sell, transfer or assign any or all Environmental Attributes (including, but not limited to, RECs) generated by the Facility, Seller shall first, prior to entering into any discussions with other parties, provide written notice to Buyer of its desire to sell the Environmental Attributes to Buyer at the purchase price and on the terms and conditions contained therein (the "Offer Notice"). Within fifteen (15) days after the Offer Notice is given, Buyer shall provide written notice to Seller if it is interested in acquiring the Environmental Attributes at the purchase price and on the terms provided in the Offer Notice (a "Notice oflnterest"). If Xxxxx delivers such notice, the Parties agree to engage for a period of thirty (30) days thereafter in exclusive good faith negotiations to reach agreement with respect to such a transaction for the sale of the Environmental Attributes. If during this period the Parties execute a letter of intent, or other document similarly confirming the Parties' intent to enter into a transaction for the purchase and sale of the Environmental Attributes, then such exclusive negotiation period shall be automatically extended for an additional sixty (60) day period, during which time the Parties may execute a purchase and sale agreement for the Environmental Attributes. Seller may pursue any transaction for the sale, transfer, assignment of the Environmental Attributes with one or more third parties at any time and from time to time at the same or higher purchase price and on terms and conditions no less favorable to Seller than those stated in the Offer Notice (with no further obligation to offer the same to Buyer) following an occurrence of any of the following: (i) Buyer expressly declines interest in acquiring the Environmental Attributes after receipt of Seller's Offer Notice; (ii) Buyer fails to respond to the Offer Notice within fifteen (15) days after receipt thereof; (iii) Seller and Buyer fail to execute a letter of intent or other similar document with respect to the sale of the Environmental Attributes within thirty (30) days after Seller's receipt of the Notice of Interest from Buyer; or (iv) Seller and Buyer fail to execute a purchase and sale agreement for the Environmental Attributes within ninety (90) days, or later, after Xxxxxx's receipt of a Notice of Interest from Buyer. Notwithstanding the foregoing, if the Seller (a) does not 4a...
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Purchase of Environmental Attributes. (a) Buyer shall have a right of first refusal to purchase Environmental Attributes from the Project as set forth in this Section 3.9. Seller shall provide to Buyer written notice of each bona fide offer to purchase Environmental Attributes from the Project at least thirty (30) days prior to entering into any such sale agreement. Such notice shall contain the expected date of execution of such sale agreement, and the operative terms and conditions of the sale of the Environmental Attributes from the Facility (including the quantity, price and duration of the proposed sale) that the Seller desires to accept. The terms and conditions of any such written offer shall be treated as confidential.
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Purchase of Environmental Attributes. Seller shall offer to PSE the right to purchase all Environmental Attributes (including, but not limited to, RECs) associated with the energy generated by the Facility. PSE shall have an option (the “Environmental Attribute Option”) during the Operating Period and for a period of one (1) year after the end of the Operating Period to purchase, at the vintage year prices offered by Seller and pursuant to terms and conditions set forth in the attached Exhibit I, all of the Environmental Attributes associated with the energy generated by the Facility during the Operating Period; provided, that Seller shall not offer to PSE any price for Environmental Attributes that exceeds the then-current market price for such Environmental Attributes. The Environmental Attribute Option shall be exercisable at any time by PSE. PSE shall have the right to exercise the Environmental Attribute option by giving Seller written notice of such exercise. Seller may appoint PSE as its REC reporting entity upon execution of the Optional Qualified Reporting Entity Service Agreement as set forth in the attached Exhibit J. Construction and Operation of the Facility
Sample 1
Purchase of Environmental Attributes. With respect to the System installed on the Site pursuant to this Agreement:
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Related to Purchase of Environmental Attributes

  • Environmental Attributes Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this Agreement. For the avoidance of doubt, the Product sold hereunder must meet the definition of “renewable energy credit” under the IPA Act.

  • Prior Environmental Impacts Nothing in this Article will be construed to make Company liable in any way for any environmental impacts or release of Hazardous Substances affecting the Company Premises that occurred prior to Company’s entry upon the Company Premises or that occurred as a result of the actions of Authority or any of its employees, agents, or contractors.

  • Off-Site Environmental Impacts Nothing in this Article will be construed to make Company liable in any way for any environmental impacts or release of Hazardous Substances affecting the Company Premises that occurs by reason of the migration or flow to the Company Premises from verifiable or documented off-site environmental impacts that is not attributable to Company’s activities at the Company Premises.

  • Environmental Tobacco Smoke Public Law 103-227 (also known as the Pro-Children Act of 1994) and Vermont’s Act 135 (2014) (An act relating to smoking in lodging establishments, hospitals, and child care facilities, and on State lands) restrict the use of tobacco products in certain settings. Party shall ensure that no person is permitted: (i) to use tobacco products or tobacco substitutes as defined in 7 V.S.A. § 1001 on the premises, both indoor and outdoor, of any licensed child care center or afterschool program at any time; (ii) to use tobacco products or tobacco substitutes on the premises, both indoor and in any outdoor area designated for child care, health or day care services, kindergarten, pre-kindergarten, elementary, or secondary education or library services; and (iii) to use tobacco products or tobacco substitutes on the premises of a licensed or registered family child care home while children are present and in care. Party will refrain from promoting the use of tobacco products for all clients and from making tobacco products available to minors. Failure to comply with the provisions of the federal law may result in the imposition of a civil monetary penalty of up to $1,000 for each violation and/or the imposition of an administrative compliance order on the responsible entity. The federal Pro-Children Act of 1994, however, does not apply to portions of facilities used for inpatient drug or alcohol treatment; service providers whose sole source of applicable federal funds is Medicare or Medicaid; or facilities where Women, Infants, & Children (WIC) coupons are redeemed.

  • D5 Environmental Requirements D5.1 The Contractor shall in the performance of the Contract have due regard to the Authority’s Environmental, Sustainable Procurement and Ethical Procurement policy statements and in addition, shall assist the Authority in achieving the Sustainable Development in Government targets (“SDIG”). These statements and targets require the Authority through its procurement and management of suppliers to inter alia:

  • NON-SEXIST ENVIRONMENT 1. A non-sexist environment is defined as that in which there is no discrimination against females or males by portraying them in gender stereotyped roles or by omitting their contributions.

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