Generation Contingent definition

Generation Contingent means Seller’s failure to Deliver is excused if the Renewable Energy Facility for any reason does not generate sufficient measured energy in the Vintage or other time period indicated to satisfy all obligations of RECs delivery assigned by Seller to the Renewable Energy Facility. In such event, Seller shall not be liable to Buyer for any damages, including any amounts determined pursuant to Article 5.
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Generation Contingent means that Seller’s failure to deliver is excused if the Distributed Generation Resources for any reason do not generate sufficient energy necessary to deliver Net Energy Billing Credits hereunder. In such an event, Seller shall not be liable to Buyer for any damages.
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Generation Contingent means that each Seller’s failure to deliver is excused if the Distributed Generation Resources for any reason do not generate sufficient energy necessary to deliver Bill Credits hereunder. In such an event, Sellers shall not be liable to Buyer for any damages.
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Examples of Generation Contingent in a sentence

  • Buyers of a Generation Contingent Product may consider asking the seller about those other sale commitments.

  • A seller in such case may wish to indicate the Product is Generation Contingent, and that each buyer receives half of the RECs as generated.

  • Unit Contingent (only check if applicable) Generation Contingent (only check if applicable) The parties agree to the Transaction set forth herein.

  • Seller’s obligations under this Section 4.1 are Generation Contingent, but this shall not be construed as a waiver of the early termination provisions under Section 2.2.

  • Seller’s obligations under this Section 4.1 are Generation Contingent.

  • Check only if applicable; if checked, “as of the Trade Date” in the proceeding representation is replaced with “as of the Delivery Date”.Unit Contingent (only check if applicable) Generation Contingent (only check if applicable) The parties agree to the Transaction set forth herein.

  • Except as provided in Seller’s Performance Guaranty, as set forth in Exhibit E, Seller’s obligations under this Section IV.1 are Generation Contingent, but this shall not be construed as a waiver of the early termination provisions under Section II.2.

  • Except as provided in Seller’s Performance Guaranty, as set forth in Exhibit E, Seller’s obligations under this Section 4.1 are Generation Contingent, but this shall not be construed as a waiver of the early termination provisions under Section 2.2.

  • Subject to the Production Warranty described in Section 6.2, Seller's obligations under this Section 4.1 are Generation Contingent.


More Definitions of Generation Contingent

Generation Contingent means that Seller’s failure to deliver is excused if the Distributed Generation Resource for any reason does not generate sufficient energy necessary to deliver Net Energy Billing Credits hereunder, provided that such exemption shall not be construed to prevent Buyer from exercising Buyer’s rights of early termination as set forth in Section 2.2 of this
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Generation Contingent means that Seller’s failure to deliver is excused if the Distributed Generation Resource for any reason does not generate sufficient energy necessary to deliver Net Energy Billing Credits hereunder, provided that such exemption shall not be construed to prevent Buyer from exercising Buyer’s rights of early termination as set forth in Section 2.2 of this Agreement. In such an event, Seller shall not be liable to Buyer for any damages, except as to those related to the Performance Guaranty.
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Related to Generation Contingent

  • Unit Contingent means that Seller is excused from any failure to Deliver Product quantity on account of failure of a specified Renewable Energy Facility to generate the amount of RECs necessary in the Vintage or other time period indicated. In such event, Seller shall not be liable to Buyer for any damages, including any amounts determined pursuant to Article 5.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Energy Use Intensity (EUI means the kBTUs (1,000 British Thermal Units) used per square foot of gross floor area.