Common use of RECs Clause in Contracts

RECs. Purchaser shall pay Seller for transferred RECs within ten (10) Business Days of receipt of Seller’s invoice subsequent to the transfer of RECs, or the 20th day of the month, whichever is later. If the 20th day is not a Business Day, then the next Business Day. The invoices issued by Seller hereunder shall include a statement detailing the RECs conveyed via WREGIS (i.e., Project Name, Vintage Month, CEC RPS ID, Contract Quantity and REC Contract Price).

Appears in 5 contracts

Samples: Bundled Renewable, Bundled Renewable Energy, Bundled Renewable Energy

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