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Common use of RECs Clause in Contracts

RECs. Forfeiture of any remaining Performance Assurance under the terms of this Agreement shall be Buyer’s sole remedy for Seller’s failure to identify system(s) and to enter into Additional Agreements for such identified system(s) by the Guaranteed System Identification Date provided in Part 2 of the System Identification Form (Exhibit B) or any approved extension thereof.

Appears in 6 contracts

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