Common use of Right to Refuse Certificates Clause in Contracts

Right to Refuse Certificates. If this § 15.4 is specified as applying in Section B of Part I (Individual Terms), to the extent a Party's obligation to deliver electricity is released in accordance with § 15.2 (Release from Delivery and Acceptance Obligations), the Buyer shall have the right, but not the obligation, to refuse the Delivery of Certificates relating to such electricity for such period of time the Seller's obligation is released, even if the Seller's ability to deliver Certificates is unaffected by Force Majeure. Should the Buyer invoke its right to refuse Certificates under this § 15.4, the Buyer shall promptly return to the Seller any Delivered Certificates which relate to electricity generated during the period of time the Seller's obligation has been released.

Right to Refuse Certificates. If this § 15.4 is specified as applying in Section B of Part I (Individual Terms), to the extent a Party's obligation to deliver electricity is released in accordance with § 15.2 (Release from Delivery and Acceptance Obligations), the Buyer shall have the right, but not the obligation, to refuse the Delivery of Certificates relating to such electricity for such period of time the Seller's obligation is released, even if the Seller's ability to deliver Certificates is unaffected by Force Majeure. Should the Buyer invoke its right to refuse Certificates under this § 15.4, the Buyer shall promptly return to the Seller any Delivered Certificates which relate to electricity generated during the period of time the Seller's obligation has been released. 4.