Common use of Program Obligations Clause in Contracts

Program Obligations. Owner and Approved Vendor each acknowledge that, should the Project be approved by the ILSFA Program Administrator, Illinois Power Agency, and Illinois Commerce Commission for REC incentives under the Program, any violation of the obligations in Section 4 of this Agreement could constitute a violation under the REC Agreement and place Approved Vendor’s status under the Program at risk.

Program Obligations. Owner and Approved Vendor each acknowledge that, should the Project be approved by the ILSFA Program Administrator, Illinois Power the Agency, and Illinois Commerce Commission for REC incentives under the Program, any violation of the obligations in Section 4 2 of this Agreement could constitute a violation under the REC Agreement and place Approved Vendor’s status under the Program at risk.