Common use of Reimbursement of Seller for GHG Emissions Allowances Clause in Contracts

Reimbursement of Seller for GHG Emissions Allowances. If Seller has elected to manage its own GHG Emissions Allowances in Section 1.09, then, during the Term, Buyer shall reimburse Seller to the extent of Buyer’s responsibility for GHG Emissions Allowances in accordance with Section 3.03(b) (“applicable quantity”) within forty-fine (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, requesting reimbursement. If the CPUC has specified an index for use in determining the price to be paid for GHG Emissions Allowances, in no event shall Buyer’s total payment to Seller for the applicable quantity exceed the total payment that would be due to Seller if the applicable quantity were purchased at the index price at the relevant time period.

Reimbursement of Seller for GHG Emissions Allowances. If Seller Xxxxxx has elected to manage its own GHG Emissions Allowances in Section 1.09, then, during the Term, Buyer shall reimburse Seller to the extent of Buyer’s responsibility for GHG Emissions Allowances in accordance with Section 3.03(b) (“applicable quantity”) within forty-fine (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, requesting reimbursement. If the CPUC has specified an index for use in determining the price to be paid for GHG Emissions Allowances, in no event shall Buyer’s total payment to Seller for the applicable quantity exceed the total payment that would be due to Seller if the applicable quantity were purchased at the index price at the relevant time period.

Reimbursement of Seller for GHG Emissions Allowances. If Seller has elected to manage its own GHG Emissions Allowances in Section 1.091.08, then, during the Term, Buyer shall reimburse Seller to the extent of Buyer’s responsibility for GHG Emissions Allowances in accordance with Section 3.03(b) (“applicable quantity”) within forty-fine (45) days of Buyer’s receipt from Seller of documentation, in form and substance acceptable to Buyer, requesting reimbursement. If the CPUC has specified an index for use in determining the price to be paid for GHG Emissions Allowances, in no event shall Buyer’s total payment to Seller for the applicable quantity exceed the total payment that would be due to Seller if the applicable quantity were purchased at the index price at the relevant time period.