Common use of Renewable Energy Certificates Clause in Contracts

Renewable Energy Certificates. On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from Seller, all right, title and interest in the Tier-1 RECs associated with the Quantity Obligation generated by the Bid Facility and delivered to the Delivery Point during each month of the Contract Delivery Term.

Appears in 5 contracts

Sources: Res Standard Form Agreement, Renewable Energy Standard Agreement, Renewable Energy Standard Agreement

Renewable Energy Certificates. On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from the Seller, all right, title and interest in the Tier-1 RECs Renewable Energy Certificates associated with the Quantity Obligation generated by the [Bid Facility and delivered to the Delivery Point Facility/Upgrade] during each month of the Contract Delivery Term.

Appears in 3 contracts

Sources: Res Standard Form Agreement, Res Standard Form Agreement, Res Standard Form Agreement

Renewable Energy Certificates. On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from Seller, all right, title and interest in the Tier-1 RECs associated with the Quantity Obligation generated by the [Bid Facility and delivered to the Delivery Point Facility/Upgrade] during each month of the Contract Delivery Term.

Appears in 2 contracts

Sources: Renewable Energy Standard Agreement, Renewable Energy Standard Agreement

Renewable Energy Certificates. On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from Seller, all right, title and interest in the Tier-1 RECs associated with the Quantity Obligation generated by the Bid Facility and delivered to the Delivery Point during each month of the Contract Delivery Term. Seller will retain ownership and all rights to any Tier-1 RECs produced by the generation of electric energy from the Bid Facility prior to commencement of the Contract Delivery Term.

Appears in 1 contract

Sources: Standard Form Agreement

Renewable Energy Certificates. On the terms and subject to the conditions and provisions of this Agreement, Seller agrees to sell, assign, convey, deliver and Transfer to NYSERDA, and NYSERDA agrees to purchase from Seller, all right, title and interest in the Tier-1 RECs associated with the Quantity Obligation generated by the Bid Facility and delivered to the Delivery Point during each month of the Contract Delivery Term.Quantity

Appears in 1 contract

Sources: Renewable Energy Standard Agreement