Common use of Resource Adequacy Benefits Clause in Contracts

Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Qualifying Capacity for each PDR specified in the Supply Plan and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for Xxxxx’s sole benefit.

Appears in 13 contracts

Samples: Resource Purchase Agreement, Resource Purchase Agreement, Resource Purchase Agreement

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Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Qualifying Capacity for each PDR specified in the Supply Plan and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for XxxxxBuyer’s sole benefit.

Appears in 3 contracts

Samples: Resource Purchase Agreement, Resource Purchase Agreement, Purchase Agreement

Resource Adequacy Benefits. Seller grants, pledges, assigns, and otherwise commits to Buyer the Qualifying Capacity for each PDR specified in the Supply Plan and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for Xxxxx’s sole benefit.

Appears in 1 contract

Samples: Demand Response Resource Purchase Agreement

Resource Adequacy Benefits. ‌‌‌ Seller grants, pledges, assigns, and otherwise commits to Buyer the Qualifying Capacity for each PDR specified in the Supply Plan and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for XxxxxBuyer’s sole benefit.

Appears in 1 contract

Samples: Resource Purchase Agreement

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Resource Adequacy Benefits. ‌‌‌ Seller grants, pledges, assigns, and otherwise commits to Buyer the Qualifying Capacity for each PDR specified in the Supply Plan and all Resource Adequacy Benefits of the Product as associated with the DRAM Resource to enable Buyer to meet its RAR, Local RAR and/or Flexible RAR, as applicable. The Parties shall take all commercially reasonable actions, and execute all documents or instruments necessary, to effect the use of the Product for Xxxxx’s sole benefit.

Appears in 1 contract

Samples: Resource Purchase Agreement

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