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

  • 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.

  • 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.

  • 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.

  • 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.

Related to REC Product

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • 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.

  • 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.

  • 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.