REC Program. In the event that the Customer fails to purchase all RECs which have been ordered pursuant to the terms of this Agreement, the Customer shall pay EKPC/Coop the difference, if positive, of the sum paid for the RECs less the current market value of the RECs within thirty (30) days from the date the Customer’s payment obligation became an Event of Default.
Appears in 9 contracts
Sources: Commercial and Industrial Renewable Energy Program Purchase Agreement, Commercial and Industrial Renewable Energy Program Purchase Agreement, Purchase Agreement
REC Program. In the event that the Customer fails to purchase all RECs which have been ordered pursuant to the terms of this Agreement, the Customer shall pay EKPC/Coop Cooperative the difference, if positive, of the sum paid for the RECs less the current market value of the RECs within thirty (30) days from the date the Customer’s payment obligation became an Event of Default.
Appears in 3 contracts
Sources: Commercial and Industrial Renewable Energy Program Purchase Agreement, Commercial and Industrial Renewable Energy Program Purchase Agreement, Purchase Agreement