2009-004 Solid Waste - UNC - Landfill Gas Agreement

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System enacted under federal legislation in the United States, or in the absence of such a system, must be eligible carbon offsets under the Califol-~iia Climate Action Registry, the Voluntary Carbon Standard, or the rules of any regional compliance market, such as the Regional Greenhouse Gas Initiative or the Westel-~7 Climate Initiative. F. Billin 127. The University shall cause the metering devices to be read on the last day of each month during the Tel-~n of this Agreement..The University shall thereafter prepare and deliver to the County on or before the fifteenth (15th) day of each subsequent month the Flare Pa}nnent and/or the Conversion Payment along with a statement to the County (a "Monthly Billing Statement") providing all relevant metering infoi-~nation and data that will clearly indicate (and will pei7nit the. County to verify) the. (i) quantity of Landfill Gas on an SCF basis delivered to the Meter Points A and B during the preceding calendar month; (ii) the Meter Point A Methane Content and the Meter Point B Methane Content; (iii) the Flare MMBTU HHV and the Conversion MMBTU HHV; (iv) the Flare Payment and the Conversion Payment; (v) any adjustments made under Subpart E of this Article VII; and (vi) reasonably detailed calculations perfoi7ned by the University to derive all of the foregoing information. ARTICLE VIII RESPECTIVE EFFECTIVE DATES OF TI3E UNIVERSITY'S OBLIGATIONS UNDER THIS AGREEMENT 128. Construction Date - (Construction of LFG Collection System). The University shall have no obligation to commence construction of the LFG Collection System (or to continue construction of the LFG Collection System if construction has already commenced) prior to the University's receipt of all LFG Project Pei7nits relating to such system. Within ten (10) days of its receipt of the last Approval necessary to construct the LFG Collection System, 42