SRECs. The Borrower shall not acquire SRECs directly or indirectly from a Financing Fund unless such acquisition (i) is pursuant to distribution of such SRECs from such Financing Fund, (ii) does not require the Borrower to purchase such SRECs or otherwise make any conveyance in exchange for such SRECs and (iii) is made pursuant to documentation acceptable to the Administrative Agent.
SRECs. The Project SRECs delivered to Lender hereunder were created in compliance with all applicable laws and are eligible for use in complying with the RPS. Borrower shall promptly notify Lender of any change in circumstance which causes the foregoing representation to no longer be true including providing a copy of any notice received from any governmental authority indicating or determining that the Project SRECs are no longer RPS-eligible. Lender shall not be required to pay down the Loan with Project SRECs that are not RPS-eligible.
SRECs. (a) Seller shall transfer to Buyer all of the right, title and interest in and to Buyer’s Percentage Entitlement of the Facility’s Environmental Attributes, including the SRECs, generated by the Facility during the Term in accordance with the terms of this Section 4.5.
SRECs. SRECS" means the Spokane Regional Emergency Communications System Department under the control and authority of the Board of County Commissioners of Spokane County, Washington acting on behalf of the County. (s) 911: "911" means the Spokane Regional Emergency Communications Services Department under the control and authority of the Board of County Commissioners of Spokane County, Washington acting on behalf of the County.
SRECs. Seller shall transfer to Buyer all of the right, title and interest in and to Buyer’s Percentage Entitlement of the Facility’s Environmental Attributes, including the SRECs, generated by the Facility during the Term in accordance with the terms of this Section 4.5. All Products provided by Seller to Buyer from the Facility under this Agreement shall meet the requirements for eligibility for production of SRECs pursuant to the RPS; provided, however, that if the Facility ceases to qualify as a Solar Carve-Out Renewable Generation Unit solely as a result of a change in Law with respect to the RPS, Seller shall use commercially reasonable efforts to restore such qualification as a Solar Carve-Out Renewable Generation Unit. At Seller' sole cost, Seller shall obtain qualification for the Facility as a Solar Carve-Out Renewable Generation Unit under the RPS. Seller shall also seek qualification under: (i) the renewable portfolio standard or similar law of New York and/or one or more New England states (in addition to Massachusetts) as designated by Buyer, and (ii) any federal renewable energy standard, and shall use commercially reasonable efforts, consistent with Good Utility Practice, to maintain such qualification in these non-Massachusetts jurisdictions at all times during the Services Term, or until Buyer indicates such qualification is no longer necessary. Seller shall submit to Buyer or as directed by Buyer any information and documentation required by any state or federal agency (including without limitation the MDPU and DOER) for such qualification and otherwise with regard to administration of the laws, rules and regulations regarding Environmental Attributes or renewable energy standards or renewable portfolio standards. Seller shall comply with all GIS Operating Rules relating to the creation and transfer of all SRECs to be purchased by Buyer under this Agreement and all other GIS Operating Rules to the extent required for Buyer to achieve the full right and title and to, and value of, the SRECs. In addition, at Buyer’s request, Seller shall register with and comply with the rules and requirements of any other tracking system or program that tracks, monetizes or otherwise creates or enhances value for Environmental Attributes, which compliance shall be at Seller’s sole cost if such registration and compliance is requested in connection with Section 4.5(c) above and shall be at Buyer’s sole cost in other instances. Seller shall cause Buyer to be regis...
SRECs. (d) As security and further assurance for the Lessee’s obligations under the Company Documents, including the making of Lease Payments at the times, in the amounts, and otherwise in accordance with the terms and provisions of this Company Lease Agreement, the Lessee shall and hereby does acknowledge
