Forward Certificate Transfers definition

Forward Certificate Transfers has the meaning set forth in Section 4.8(a).

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Forward Certificate Transfers. (as described in the WREGIS Operating Rules) from Seller’s WREGIS Account to the WREGIS account(s) of Buyer or the account(s) of a designee that Buyer identifies by Notice to Seller (“Buyer’s WREGIS Account”). Seller shall be responsible for all expenses associated with registering the Facility with WREGIS, establishing and maintaining Seller’s WREGIS Account, paying WREGIS Certificate issuance and transfer fees, and transferring WREGIS Certificates from Seller’s WREGIS Account to Buyer’s WREGIS Account.

Forward Certificate Transfers. (as described in the WREGIS Operating Rules) from Seller’s WREGIS Account to the WREGIS account(s) of Buyer or the account(s) of a designee that Buyer identifies by Notice to Seller (“Buyer’s WREGIS Account”). Seller shall be responsible for all expenses associated with registering the Facility with WREGIS, establishing and maintaining Seller’s WREGIS Account, paying WREGIS Certificate issuance and transfer fees, and transferring WREGIS Certificates from Seller’s WREGIS Account to Buyer’s WREGIS Account. Seller shall cause Forward Certificate Transfers to occur on a monthly basis in accordance with the certification procedure established by the WREGIS Operating Rules. Since WREGIS Certificates will only be created for whole MWh amounts of Facility Energy generated, any fractional MWh amounts (i.e., kWh) will be carried forward until sufficient generation is accumulated for the creation of a WREGIS Certificate. Seller shall, at its sole expense, ensure that the WREGIS Certificates for a given calendar month correspond with the Facility Energy for such calendar month as evidenced by the Facility’s metered data. Due to the ninety (90) day delay in the creation of WREGIS Certificates relative to the timing of invoice payment under Section 8.2, Buyer shall make an invoice payment for a given month in accordance with Section 8.2 before the WREGIS Certificates for such month are formally transferred to Buyer in accordance with the WREGIS Operating Rules and this Section 4.10. Notwithstanding this delay, Buyer shall have all right and title to all such WREGIS Certificates upon payment to Seller in accordance with Section 8.2.

Examples of Forward Certificate Transfers in a sentence

• Seller shall cause Forward Certificate Transfers to occur on a monthly basis in accordance with the certification procedure established by the WREGIS Operating Rules.

• Forward Certificate Transfers shall occur monthly based on the certificate creation timeline established by the WREGIS Operating Rules.

• Forward Certificate Transfers shall occur monthly based on the certificate creation time-line established by the WREGIS Operating Rules.

• Forward Certificate Transfers will occur monthly based on the certificate creation time-line established by the WREGIS Operating Rules.

• Forward Certificate Transfers shall occur monthly based on the certificate creation timeline established by the WREGIS Operating Rules then in effect.

• Forward Certificate Transfers shall occur monthly based on the certificate creation time- line established by the WREGIS Operating Rules.

• WREGIS: Seller shall begin transferring Forward Certificate Transfers to Assignee from their WREGIS account each month within [•] days following the Transfer Date.

• Seller shall use WREGIS Forward Certificate Transfers, as described in the WREGIS Operating Rules, to transfer all Renewable Energy Certificates associated with Electrical Output produced by the Generator as measured by the meter at the Measuring Point directly to the District’s designated WREGIS account as WREGIS Certificates.

• Forward Certificate Transfers will occur based on the WREGIS Certificate creation and transfer timeline established by the WREGIS Operating Rules.

More Definitions of Forward Certificate Transfers

Forward Certificate Transfers has the meaning set forth in the WREGIS Operating Rules.