Delivery of RECs. Payment by the EDC for Prepaid RECs at the Purchase Price creates a firm obligation on the part of the Subscriber Organization to Deliver RECs associated with the Delivered energy at the time that they are produced in the NEPOOL GIS. 9.2.1 It is the Subscriber Organization’s responsibility to operate the SCEF facility in such a way as to ensure that the SCEF facility meets the qualifications requirements of a CT Class I Renewable Energy Source throughout the entire Term and the Subscriber Organization is responsible to provide the EDC with any and all required information to ensure such qualification. 9.2.2 Subscriber Organization shall Deliver energy associated with the Facility, and Subscriber Organization shall not sell, divert, grant, transfer or assign such energy or RECs to any person other than EDC during the Term unless otherwise specifically provided herein. Subscriber Organization shall not enter into any agreement or arrangement under which any person other than EDC can claim such energy or RECs except as otherwise specifically provided herein. EDC shall have the exclusive title and rights to all Energy and RECs, and the right to resell or convey Energy and RECs in its sole discretion. For
Appears in 1 contract
Sources: Subscriber Organization Agreement
Delivery of RECs. Payment by the EDC for Prepaid RECs at the Purchase Price creates a firm obligation on the part of the Subscriber Organization to Deliver RECs associated with the Delivered energy at the time that they are produced in the NEPOOL GIS.
9.2.1 It is the Subscriber Organization’s responsibility to operate the SCEF facility in such a way as to ensure that the SCEF facility meets the qualifications requirements of a CT Class I Renewable Energy Source throughout the entire Term and the Subscriber Organization is responsible to provide the EDC with any and all required information to ensure such qualification.
9.2.2 Subscriber Organization shall Deliver energy associated with the Facility, and Subscriber Organization shall not sell, divert, grant, transfer or assign such energy or RECs to any person other than EDC during the Term unless otherwise specifically provided herein. Subscriber Organization shall not enter into any agreement or arrangement under which any person other than EDC can claim such energy or RECs except as otherwise specifically provided herein. EDC shall have the exclusive title and rights to all Energy and RECs, and the right to resell or convey Energy and RECs in its sole discretion. For.
Appears in 1 contract
Sources: Shared Clean Energy Facility Tariff Terms Agreement
Delivery of RECs. Payment by the EDC for Prepaid RECs at the Purchase Price creates a firm obligation on the part of the Subscriber Organization to Deliver RECs associated with the Delivered energy at the time that they are produced in the NEPOOL GIS.
9.2.1 It is the Subscriber Organization’s responsibility to operate the SCEF facility in such a way as to ensure that the SCEF facility meets the qualifications requirements of a CT Class I Renewable Energy Source throughout the entire Term and the Subscriber Organization is responsible to provide the EDC with any and all required information to ensure such qualification.
9.2.2 Subscriber Organization shall Deliver energy associated with the Facility, and Subscriber Organization shall not sell, divert, grant, transfer or assign such energy or RECs to any person other than EDC during the Term unless otherwise specifically provided herein. Subscriber Organization shall not enter into any agreement or arrangement under which any person other than EDC can claim such energy or RECs except as otherwise specifically provided herein. EDC shall have the exclusive title and rights to all Energy and RECs, and the right to REFERENCE resell or convey Energy and RECs in its sole discretion. For.
Appears in 1 contract
Sources: Scef Tariff Terms Agreement