Common use of REC Program Clause in Contracts

REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default. to an invoice, KreEnNdTeUreCdKYunder thismetic PoUr BcLoImC pSuEtRatVioICnEalCeOrrMorMwISiSthIOinN or adjustmeLnitndtoa Ca.nBrinidvwoeiclle, was eof, or any othEexreccluatiivme Doirreacdtojrustment ndis of ment

Appears in 2 contracts

Samples: Purchase Agreement, Commercial and Industrial Renewable Energy Program Purchase Agreement

AutoNDA by SimpleDocs

REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default. to an invoice, KreEnNdTeUreCdKYunder thismetic PoUr BcLoImC pSuEtRatVioICnEalCeOrrMorMwISiSthIOinN metic or adjustmeLnitndtoa Ca.nBrinidvwoeiclle, was compuKtaEtiNoTnUalCeKrYror within or adPjUuBstLmICenStERtoVIaCnE iCnOvoMiMceI,SSwIOasN eof, or any othEexreccluatiivme Doirreacdtojrustment ndis otLheinrdcalaCim. Borridawdejullstment ndisputed portEioxnecouftivthe eDiirnevctooirce shall of mentent t of

Appears in 1 contract

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement

AutoNDA by SimpleDocs

REC Program. In the event that EKPC fails to supply all RECs which have been ordered pursuant to the terms of this Agreement, EKPC shall pay Customer the difference, if positive, of the sum paid by the Customer for RECs less the current market value of the RECs within thirty (30) days from the date EKPC’s obligation to supply the RECs became an Event of Default. to an invoice, KreEnNdTeUreCdKYunder thismetic PoUr BcLoImC pSuEtRatVioICnEalCeOrrMorMwISiSthIOinN or adjustmeLnitndtoa Ca.nBrinidvwoeiclle, was eof, or any othEexreccluatiivme Doirreacdtojrustment ndis of mentent

Appears in 1 contract

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!