REC Product definition

REC Product means the type of renewable energy resource as indicated in the System Identification Form.
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REC Product means the RECs generated by the Supply Resource that meet the requirements set forth in this Service Agreement and that meet all of the requirements to qualify as a REC under the Applicable Program and includes the Environmental Attributes and Reporting Rights associated therewith.
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Examples of REC Product in a sentence

  • On, as of the Effective Date, and upon Delivery, Seller hereby represents and warrants to Buyer as follows: At the time of Delivery, Seller shall have the right to convey title to any and all of the RECs Delivered to Buyer in accordance with this Agreement free and clear of any and all liens or other encumbrances or title defects and Seller further represents that any and all of the RECs is of the type of REC Product specified in the System Identification Form.

  • Delivery of the REC Product (“Deliver” or “Delivery”) shall be deemed to have occurred when the REC Product is transferred by the Renewable Supplier into the Customer’s Account with the Tracking System.

  • Customer and Renewable Supplier will each provide to the other any reasonably requested information or documentation required to effectuate Delivery of the REC Product, shall cooperate fully to effectuate Delivery of the REC Product, and shall comply with any and all applicable Tracking System procedures and any other applicable requirement relating to the recording and transfer of the REC Product.

  • REC Product (check one) (REC Products are defined in WSPP Service Schedule R, Section R-2.3) Firm REC, Resource Contingent REC, Facility As-Run REC.

  • Upon Delivery, title to and interest in the REC Product shall transfer from Renewable Supplier to Customer.

  • Upon Delivery of the REC Product, the Customer shall be transferred title to all RECs associated with the REC Product, and Customer agrees to purchase and accept Delivery of the REC Product from Renewable Supplier, as set forth in this Service Agreement.

  • The monetary value of each REC Transaction, which is the REC Contract Price times the REC Product Quantity, shall be set forth in the Confirmation Letter associated with that Transaction.

  • During the Term of this Service Agreement, and without further consideration other than the assignment of the GSA Product Charge specified in Section 7(a), Renewable Supplier hereby agrees to register all the REC Product generated by the Supply Resource and sell and deliver the same to and retire the same on behalf of the Customer.

Related to REC Product

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Generic Product means any pharmaceutical product that (i) is sold by a Third Party that is not an Affiliate or licensee of Buyer and (ii) (a) contains the same active pharmaceutical ingredient as the Product or (b) is categorized by the applicable Governmental Entity in a country to be therapeutically equivalent to, or interchangeable with, the Product, such that the pharmaceutical product may be substituted for the Product at the point of dispensing without any intervention by the prescribing physician in such country.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Diagnostic Product means an assemblage of reagents, including but not limited to reagents packaged in the form of a kit, useful in performing a Licensed Service.