Transfer/Assignment. Subscriber may transfer Solar Credits from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (a) such assignee is a member in good standing taking electric service from the Cooperative under the single-phase rate classification; and (b) such assignment does not result in the assignee owning more than 20 KW of distributed generation, including Subscription Units under this or another agreement with the Cooperative. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include: 1. Subscriber's name and mailing address; 2. The current Service Address; 3. The new Service Address (if applicable); 4. The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and 5. The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 6 contracts
Samples: Solar Subscription Agreement, Solar Subscription Agreement, Solar Subscription Agreement
Transfer/Assignment. Subscriber may transfer Solar Credits Credit from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (a) that such assignee is a member in good standing taking electric service from the Cooperative under and subject to the single-phase rate classification; and (b) such assignment does not result limitation in the assignee owning more than 20 KW of distributed generation, including Subscription Units under this or another agreement with the CooperativeSection 1.3 above. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include:
1. Subscriber's ’s name and mailing address;
2. The current Service Address;
3. The new Service service Address (if applicable);
4. The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and;
5. The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request requests fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VIIVIII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 2 contracts
Samples: Solar Subscription Agreement, Solar Subscription Agreement
Transfer/Assignment. Subscriber may transfer Solar Credits Credit from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (ai) such assignee is a member in good standing taking electric service from the Cooperative under the single-phase an eligible rate classification; and (bii) such assignment does not result in the assignee owning more than 20 KW of distributed generation, including Subscription Units under this or another agreement with the Cooperativeexceeding Maximum Capacity as defined in Section 1.3. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include:
1. Subscriber's ’s name and mailing address;
2. The current Service Address;
3. The new Service service Address (if applicable);
4. The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and;
5. The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request requests fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VIIVIII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 2 contracts
Samples: Community Solar Subscription Agreement, Community Solar Subscription Agreement
Transfer/Assignment. Subscriber may transfer Solar Credits from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (a) such assignee is a member in good standing taking electric service from the Cooperative under the single-phase rate classification; and (b) such assignment does not result in the assignee owning more than 20 KW of distributed generation, including Subscription Units under this or another agreement with the Cooperative. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include:
1. : Subscriber's name and mailing address;
2. ; The current Service Address;
3. ; The new Service Address (if applicable);
4. ; The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and
5. and The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 1 contract
Samples: Solar Subscription Agreement
Transfer/Assignment. Subscriber may transfer Solar Credits from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (a) such assignee is a member in good standing taking electric service from the Cooperative under the single-phase Residential/Seasonal rate classification; and (b) such assignment does not result in the assignee owning more than 20 KW of distributed generation, including ten (10) Subscription Units under this or another agreement with the CooperativeUnits. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include:
1. Subscriber's name and mailing address;
2. The current Service Address;
3. The new Service Address (if applicable);
4. The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and
5. The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VIIVIII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 1 contract
Samples: Solar Subscription Agreement
Transfer/Assignment. Subscriber may transfer Solar Credits from Subscriber’s Allocated Capacity to another eligible Service Address, or may assign his or her rights under this Agreement to another Cooperative member, provided that: (a) such assignee is a member in good standing taking electric service from the Cooperative under the single-phase rate classification; and (b) such assignment does not result in the assignee owning more than 20 KW of distributed generation, including Subscription Units under this or another agreement with the Cooperative. Subscriber shall notify the Cooperative of such proposed change or assignment in writing at least thirty (30) days prior to the proposed effective date of such change or assignment. Such notice must include:
1. Subscriber's name and mailing address;
2. The current Service Address;
3. The new Service Address (if applicable);
4. The name and service address of the individual or entity member to whom Subscriber is requesting to assign this Agreement (if applicable); and
5. The proposed effective date of such proposed change or assignment. The transfer or assignment shall become effective the 30th day following receipt of notice by the Cooperative or the proposed effective date (whichever is later), unless the Cooperative provides written notice to Subscriber that the request fails to meet any of the above requirements or is otherwise prohibited by the Cooperative’s bylaws or Board policies. Upon any assignment of Subscription Units under this paragraph, Subscriber will surrender all right, title and interest in and to this Agreement. No assignment will extend the Term of this Agreement. Except as provided above in this Article VIIVIII, Subscriber may not assign, gift, bequeath or otherwise transfer any of its rights or obligations under this Agreement to any other individual or entity for any purpose, including without limitation as security for any debt or obligation. Any attempted assignment in violation of this paragraph shall be null and void.
Appears in 1 contract
Samples: Solar Subscription Agreement