programmes, green tags, renewable energy credits, tradable renewable certificates, portfolio energy credits, the right to apply for (and entitlement to receive) incentives under any state tax credit programme and grants from non-governmental organisations. For the avoidance of Incentives” shall not include any tax deductions “Environmental which may arise under Section 82 of the Finance Act, 2012 as more particularly set out in Clause 18.2. means the goods, materials and equipment to be installed at the Premises by “Equipment” the ESCO, as set out in Schedule 1 attached hereto, together with any and all additions and modifications made thereto during the Term. Equipment” means the Client’s pre-existing energy supply equipment at the “Existing Premises as set out in Schedule 1. Service Credits” means the credits accumulated by the Client as calculated in “Failed accordance with the Guaranteed Standards of Performance. Service Factor” is [2]. “Failed Design Documents” means the final design documentation (including operating “Final instructions) related to the Works as prepared by the ESCO [and the Client] during its tender submission and set out in Schedule 2. Monthly Payment” means ]. “Fixed €[ Majeure” means any of the following events: “Force war; revolution; commotion; labour disputes (save for disputes at the ESCO, its agents or Subcontractors); floods; hurricanes, similar storms or actions of the elements; acts of God or the public vandalism; restriction or restraints of governmental authorities whether State or local; or acts of or military authorities provided that for the purposes of this Agreement such events must be exceptional in nature such that they could not have been avoided or overcome by either Party exercising due and proper care and diligence. means [ ] and as more particularly specified in Schedule 2. “Fuel” Standards” means the guaranteed standards of performance for the Supply “Guaranteed set out in the Guaranteed Standards of Performance set out in Schedule 6. means a complete hourly period commencing on the hour every hour. “Hour”
programmes, green tags, renewable energy credits, tradable renewable certificates, portfolio energy credits, the right to apply for (and entitlement to receive) incentives under any state tax credit programme and grants from non-governmental organisations. For the avoidance of “Environmental Incentives” shall not include any tax deductions which may arise under Section 82 of the Finance Act, 2012 as more particularly set out in Clause 18.2. “Equipment” means the goods, materials and equipment to be installed at the Premises by the ESCO, as set out in Schedule 1 attached hereto, together with any and all additions and modifications made thereto during the Term. “Existing Equipment” means the Client’s pre-existing energy supply equipment at the Premises as set out in Schedule 1. “Failed Service Credits” means the credits accumulated by the Client as calculated in accordance with the Guaranteed Standards of Performance. “Failed Service Factor” is [2]. “Final Design Documents” means the final design documentation (including operating instructions) related to the Works as prepared by the ESCO [and the Client] during its tender submission and set out in Schedule 2. “Fixed Monthly Payment” means €[ ]. “Force Majeure” means any of the following events: war; revolution; commotion; labour disputes (save for disputes at the ESCO, its agents or Subcontractors); floods; hurricanes, similar storms or actions of the elements; acts of God or the public vandalism; restriction or restraints of governmental authorities whether State or local; or acts of or military authorities provided that for the purposes of this Agreement such events must be exceptional in nature such that they could not have been avoided or overcome by either Party exercising due and proper care and diligence. “Fuel” means [ ] and as more particularly specified in Schedule 2. “Guaranteed Standards” means the guaranteed standards of performance for the Supply set out in the Guaranteed Standards of Performance set out in Schedule 6. “Hour” means a complete hourly period commencing on the hour every hour.
Sample-Local-Energy-Supply-Contract.docx