Common use of Tracking Systems Clause in Contracts

Tracking Systems. (a) The Parties will use PJM-GATS and/or M-RETS as the tracking system for the Product. (b) The Parties may agree to use an alternate tracking system upon prior written approval of Buyer. (c) Seller must provide a screen print from the applicable tracking system (e.g. M-RETS) with each invoice in order to document the retirement of the RECs. Such screen print must show the facility name, fuel type, month of generation, certificate serial number, quantity and purchaser. (d) All costs and fees associated with utilizing a generation tracking system (including, without limitation, any costs associated with the retirement of any Product) shall be borne by Seller.

Appears in 2 contracts

Samples: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement

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Tracking Systems. (a) The Parties will use PJM-GATS and/or M-RETS and/or NARR as the tracking system for the Product. (b) The Parties may agree to use an alternate tracking system upon prior written approval of Buyer. (c) Seller must provide a screen print from the applicable tracking system (e.g. M-RETS) with each invoice in order to document the retirement of the RECs. Such screen print must show the facility name, fuel type, month of generation, certificate serial number, quantity and purchaser. (d) All costs and fees associated with utilizing a generation tracking system (including, without limitation, any costs associated with the retirement of any Product) shall be borne by Seller.

Appears in 2 contracts

Samples: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement

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Tracking Systems. (a) The Parties will use PJM-GATS and/or and/or M-RETS and/or NARR as the tracking system for the Product. (b) The Parties may agree to use an alternate tracking system upon prior written approval of Buyer. (c) Seller must provide a screen print from the applicable tracking system (e.g. M-RETS) with each invoice in order to document the retirement of the RECs. Such screen print must show the facility name, fuel type, month of generation, certificate serial number, quantity and purchaser. (d) All costs and fees associated with utilizing a generation tracking system (including, without limitation, any costs associated with the retirement of any Product) shall be borne by Seller.

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

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