Common use of Term and Effective Date Clause in Contracts

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 4 contracts

Samples: Net Energy Billing Agreement, Net Energy Billing Agreement, Municipal Customer Net Energy Billing Agreement

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Term and Effective Date. For new resources, this This Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 3 contracts

Samples: Municipal Customer Net Energy Billing Agreement, Customer Net Energy Billing Agreement, Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this This Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 3 contracts

Samples: Customer Net Energy Billing Agreement, Net Energy Billing Agreement, Commercial or Institutional Customer or Shared Financial Interest Customers Net Energy Billing Tariff Rate Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer Customer/Project Sponsor may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 2 contracts

Samples: Customer Net Energy Billing Agreement, Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer/Project Sponsor’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of first day full Tariff credits accrue to the Facility customers’ utility accounts for that day’s generation (“Delivery Start Date”) and continues through the twentieth (20th) anniversary of the Commercial Operation Delivery Start Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 2 contracts

Samples: Commercial or Institutional Customer or Shared Financial Interest Customers Net Energy Billing Tariff Rate Agreement, Commercial or Institutional Customer or Shared Financial Interest Customers Net Energy Billing Tariff Rate Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of in accordance with the Effective Datedeadlines set forth in 35-A M.R.S. §§ 3209-A and 3209-B, as applicable, as described in Article II above. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 2 contracts

Samples: Net Energy Billing Agreement, Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer Customer/Project Sponsor may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Xxxx Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 2 contracts

Samples: Customer Net Energy Billing Agreement, Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer/Project Sponsor’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of first day full Tariff credits accrue to the Facility customers’ utility accounts for that day’s generation (“Delivery Start Date”) and continues through the twentieth (20th) anniversary of the Commercial Operation Delivery Start Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Xxxx Credits, begins on the on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 2 contracts

Samples: Commercial or Institutional Customer or Shared Financial Interest Customers Net Energy Billing Tariff Rate Agreement, Commercial or Institutional Customer or Shared Financial Interest Customers Net Energy Billing Tariff Rate Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with which such consent shall not being be unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either either (i) the execution of the Interconnection Agreement for the Facility, or or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-interconnection- related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Xxxx Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer/Project Sponsor’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of first day full Tariff credits accrue to the Facility customers’ utility accounts for that day’s generation (“Delivery Star Date”) and continues through the twentieth (20th) anniversary of the Commercial Operation Delivery Start Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Tariff Rate Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer/Project Sponsor. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer Customer/Project Sponsor shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer Customer/Project Sponsor may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Municipal Customer Net Energy Billing Agreement

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Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Customer Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either either (i) the execution of the Interconnection Agreement for the Facility, or or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-interconnection- related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Xxxx Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either either (i) the execution of the Interconnection Agreement for the Facility, or or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-interconnection- related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of in accordance with the Effective Datedeadlines set forth in 35-A M.R.S. §§ 3209-A and 3209-B, as applicable, as described in Article II above. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

Term and Effective Date. For new resources, this Agreement has two periods that together comprise the Term of the Agreement. The Company shall issue this Agreement within 10 Business Days of either (i) the execution of the Interconnection Agreement for the Facility, or (ii) for a Facility that does not have an interconnection agreement but has an interconnection queue position, and the Customer has provided to the Company documentation that it has attained Financial Interest for at least ninety percent (90%) of the Facility capacity, output, or other form of participation or subscription. The Company shall execute this Agreement within fifteen (15) Business Days of receiving this Agreement signed by the Customer. This Agreement is effective when fully executed by the Parties (the “Effective Date”). (a) The Construction Period commences on the Effective Date and ends on the Commercial Operation Date. Customer shall provide notice to the Company a minimum of ten (10) Business Days in advance of the Commercial Operation Date. The Construction Period must be completed within 24 months of the Effective Date. Customer may seek an extension of the Construction Period for an interconnection-related delay or circumstances beyond Customer’s control, or as consented to by the Company, with consent not being unreasonably withheld. (b) The Delivery Period of the Agreement, with respect to applying Bill Xxxx Credits, begins on the Commercial Operation Date of the Facility and continues through the twentieth (20th) anniversary of the Commercial Operation Date. For existing resources, the Delivery Period of the Agreement with respect to applying Bill Xxxx Credits, begins on the Effective Date and continues through the 20th anniversary of the Effective Date.

Appears in 1 contract

Samples: Net Energy Billing Agreement

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