Common use of Renewable Energy Certificates Clause in Contracts

Renewable Energy Certificates. 5.1 Unless otherwise agreed with Diamond Energy in writing, this Feed-In Agreement does not assign to Diamond Energy any rights to Small- Scale Technology Certificates (STCs) or Renewable Energy Certificates (RECs) generated by Your Qualifying Solar Energy Generating Facility. 5.2 If Diamond and you agree that your Feed-In Agreement will include the acquisition by Diamond of the RECs created by the Qualifying Generator, you warrant to Diamond that you have not already sold, transferred, assigned, licensed or otherwise created any interest in the RECs or the right to create RECs to any other person and have not agreed to do so.

Appears in 2 contracts

Sources: Feed in Agreement, Feed in Agreement

Renewable Energy Certificates. 5.1 Unless otherwise agreed in writing with Diamond Energy in writingDiamond, this Feed-In Agreement does not assign to Diamond Energy any rights to Small- Scale Small-scale Technology Certificates (STCs) or Renewable Energy Certificates (RECs) more generally that may generated by Your Qualifying Solar your Small Renewable Energy Generating Generation Facility. 5.2 If Diamond and you agree that your Feed-In Agreement will include the acquisition by Diamond of the RECs created by the Qualifying Generatoryour Small Renewable Energy Generation Facility, you warrant to Diamond that you have not already sold, transferred, assigned, licensed or otherwise created any interest in the such RECs or sold the right to create such RECs to any other person and have not agreed to do so.

Appears in 1 contract

Sources: Feed in Agreement