REC Product definition

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.

Examples of REC Product in a sentence

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Product qualifying as Portfolio Content Category 3 (“Category 3”),6 which encompasses only Renewable Energy Credits (“RECs”), all associated Green Attributes, and Western Renewable Energy Generation Information System (“WREGIS”) certificates evidencing the authenticity of the REC Product.

  • Due to (50), we infer that item (i) of Assumption 2 is fulfilled provided that M1 and M2 are finite.

  • 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.

  • 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.

  • 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 a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

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

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • 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 any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Therapeutic Product means a health product categorised as a therapeutic product in the First Schedule to the Act;

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Licensed Compound means [***].

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Nicotine product means a product that contains nicotine and is not any of the following:

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • End product means those articles, materials, and supplies to be acquired under the contract for public use.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Licensed Compounds means: (a) Research Program Active Compounds; (b) Novartis Active Compounds; (c) salts, hydrates, solvates, esters, metabolites, intermediates, stereoisomers and polymorphs of Research Program Active Compounds or Novartis Active Compounds; and (d) prodrugs of Research Program Active Compounds or Novartis Active Compounds (any of the foregoing, a “Licensed Compound”).

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • Marijuana product means marijuana as defined in 50-32-101 and marijuana-infused products

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • complex product means a product which is composed of multiple components which can be replaced permitting disassembly and re-assembly of the product.

  • Aerosol Product means a pressurized spray system that dispenses product ingredients by means of a propellant contained in a product or a product's container, or by means of a mechanically induced force. “Aerosol Product” does not include “Pump Spray.”

  • Hemp products means all products made from industrial hemp,

  • U.S. Territory means American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, the Commonwealth of Puerto Rico, or the U.S. Virgin Islands.

  • Biosimilar Product means, with respect to a Licensed Product and on a country-by-country basis, a product that [***].