Common use of ZEC Sales Clause in Contracts

ZEC Sales. On the terms and subject to the conditions and provisions of this Agreement, Seller shall sell, assign, transfer, convey, and deliver to NYSERDA, and NYSERDA shall purchase, confirm transfer, and receive from Seller, all right, title and interest in ZECs measured at the Facility Revenue Meters and created in the Seller ZEC Account by NYGATS during the Contract Term at the ZEC Price and in accordance with the NYGATS Operating Rules. With respect to each Contract Year during the Contract Term, NYSERDA shall purchase from Seller such ZECs, up to the ZEC Quantity among the applicable Nuclear Group for such Contract Year, but shall not be obligated to purchase such ZECs over and above such ZEC Quantity. Seller shall, for the duration of the Contract Term, and subject to the terms and conditions of this Agreement, produce zero-emissions attributes, and, upon receipt of ZECs in the Seller ZEC Account, transfer such ZECs to the NYSERDA ZEC Account. For the avoidance of doubt, and except as set forth in Section 2.5, ZECs are the only product Seller is selling and NYSERDA is buying from Seller under this Agreement. Seller is not selling and NYSERDA is not purchasing any electricity or any capacity, energy, or ancillary services or other products or attributes (other than ZECs) associated with the Facility.

ZEC Sales. On the terms and subject to the conditions and provisions of this Agreement, Seller shall sell, assign, transfer, convey, and deliver to NYSERDA, and NYSERDA shall purchase, confirm transfer, and receive from Seller, all right, title and interest in ZECs measured at the Facility Revenue Meters Meter and created in the Seller ZEC Account by NYGATS during the Contract Term at the ZEC Price and in accordance with the NYGATS Operating Rules. With respect to each Contract Year during the Contract Term, NYSERDA shall purchase from Seller such ZECs, up to the ZEC Quantity among the applicable Nuclear Group for such Contract Year, but shall not be obligated to purchase such ZECs over and above such ZEC Quantity. Seller shall, for the duration of the Contract Term, and subject to the terms and conditions of this Agreement, produce zero-emissions attributes, and, upon receipt of ZECs in the Seller ZEC Account, transfer such ZECs to the NYSERDA ZEC Account. For the avoidance of doubt, and except as set forth in Section 2.5, ZECs are the only product Seller is selling and NYSERDA is buying from Seller under this Agreement. Seller is not selling and NYSERDA is not purchasing any electricity or any capacity, energy, or ancillary services or other products or attributes (other than ZECs) associated with the Facility.