Failure to Produce. The failure by the Bid Facility to generate energy in a quantity sufficient to support the creation of Tier-1 Renewable Energy Certificates in a number equaling at least 65% of the Bid Quantity during any Contract Year; or
Appears in 3 contracts
Sources: Res Standard Form Agreement, Res Standard Form Agreement, Res Standard Form Agreement
Failure to Produce. The failure by the Bid Facility to generate energy in a quantity sufficient to support the creation of Tier-1 Renewable Energy Certificates in a number equaling at least 65% of the Bid Quantity Quantity, less any Excused Production, during any Contract Year; or
Appears in 2 contracts
Sources: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement