Title Transfer. Title to the LCFS Credits shall be deemed to transfer from Seller to Buyer after (a) Initiation and Acceptance of the LCFS Credits; and (b) upon the recordation of the addition of the LCFS Credits to the LCFS Account balance of Buyer and the subtraction of the LCFS Credits from the LCFS Account balance of Seller by the Executive Officer (the title transfer of LCFS Credits as set forth above hereafter referred to as the “Transfer” of the LCFS Credits and the date on which the Transfer occurs is the “Transfer Date”).
Appears in 4 contracts
Samples: Leap Master Agreement for Purchasing and Selling Low Carbon Fuel Standard Credits, Leap Master Agreement for Purchasing and Selling Low Carbon Fuel Standard Credits, Leap Master Agreement for Purchasing and Selling Low Carbon Fuel Standard Credits
Title Transfer. Title to the LCFS Credits shall be deemed to transfer from Seller to Buyer after:
(a) Initiation and Acceptance of the LCFS Credits; and
(b) upon the recordation of the addition of the LCFS Credits to the LCFS Account balance of Buyer and the subtraction of the LCFS Credits from the LCFS Account balance of Seller by the Executive Officer (the title transfer of LCFS Credits as set forth above hereafter referred to as the “Transfer” of the LCFS Credits and the date on which the Transfer occurs is the “Transfer Date”).
Appears in 2 contracts
Samples: Master Agreement for Purchasing and Selling Low Carbon Fuel Standard Credits, Master Agreement for Purchasing and Selling Low Carbon Fuel Standard Credits
