What does unit contingent mean?
What does unit contingent mean? Unit Contingent means that Seller is excused from any failure to Deliver Product quantity on account of failure of a specified Renewable Energy Facility to generate the amount of RECs necessary in the Vintage or other time period indicated. What is PPA curtailment? Curtailment. The PPA often describes circumstances in which either party has a right to curtail output. The PPA may permit the buyer to curtail for convenience or what is often referred to as “economic curtailment,” in which case the PPA usually requires the buyer to pay the purchase price for the curtailed...