Notice of Intent to Reduce Contract Demand Sample Clauses

Notice of Intent to Reduce Contract Demand. In the event that the Authority determines that the Contract Demand will be wholly or partially reduced pursuant to Sections III.1, III.2, or III.3 of this Schedule B, the Authority shall provide the Customer with at least thirty (30) days prior written notice of the proposed reduction, specifying the amount and reason for the reduction. Before implementing any reduction, the Authority may consider the Customer’s scheduled or unscheduled maintenance, Facility upgrade periods, and the business cycle. If, at the end of the thirty (30) day notice period, the Authority determines that a reduction is warranted, it shall provide the Customer with notice of such determination and provide the Customer with sixty (60) days to present a proposed plan with actionable milestones to cure the deficiency. The Authority shall respond to the Customer concerning the acceptability of any proposed plan that is provided in accordance with this Section III.5 within thirty (30) days of the Authority’s receipt of such proposed plan. It shall be within the Authority’s discretion whether or not to accept the Customer’s proposed plan, require a different plan, or implement the reduction of the Contract Demand.
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Notice of Intent to Reduce Contract Demand. In the event that the Authority determines that the Contract Demand will be wholly or partially reduced pursuant to this Schedule B, the Authority will provide the Customer with at least thirty (30) days prior written notice of such reduction, specifying the amount of the reduction of Contract Demand and the reason for the reduction, provided, however, that before making the reduction, the Authority may consider the Customer’s scheduled or unscheduled maintenance or Facility upgrading periods when such events temporarily reduce employment levels or electrical demand, as well as the business cycle. SCHEDULE B SCHEDULE B – APPENDIX 1 BASE EMPLOYMENT LEVEL SAMPLE In accordance with Article 1 of Schedule B, the Customer agrees to a Base Employment Level at the Customer’s Facility indicated below on or before the date(s) specified: Base Employment Level Facility Date(s) Miscellaneous/Notes Jobs Customer City, NY The date of commencement of electric service New Jobs (if applicable) Customer City, NY 3 years from the date of commencement of electric service CONSOLIDATED FUNDING APP. No: APP ID SCHEDULE B SCHEDULE B – APPENDIX 2 CAPITAL INVESTMENT COMMITTMENTS In accordance with Article 1 of this Schedule B, the Customer agrees to make the following capital investments in the Facility (“Capital Investment Commitment”) between (1) the date of the Customer’s application for RNY Power, unless an earlier date was proposed in the Customer’s application for an ongoing capital investment in which case such earlier date shall apply, and (2) the end of the Capital Investment Period indicated: Capital Investment Commitment: dollar amount Capital Investment Period: 5 years from the commencement of electric service SAMPLE If the amount of the Customer’s actual capital investment in the Facility as of the end of the Customer’s Capital Investment Period is less than 90% of its Capital Investment Commitment, the Contract Demand may be reduced by the Authority subject to Section 2.D of this Schedule B. The maximum amount by which the Authority may reduce the Contract Demand shall be determined by multiplying the Contract Demand by the quantity one minus the quotient of the actual capital investment made in the Facility divided by the Capital Investment Commitment. Any such reduction shall be rounded to the nearest ten (10) kW. In the event of a reduction of the Contract Demand to zero, this Agreement shall automatically terminate. CONSOLIDATED FUNDING APP. No: APP ID SCHEDULE C T...
Sample 1
Notice of Intent to Reduce Contract Demand. In the event that the Authority determines that the Contract Demand will be wholly or partially reduced pursuant to Sections III.1, III.2, or III.3 of this Schedule A, the Authority shall provide the Customer with at least thirty (30) days prior written notice of the proposed reduction, specifying the amount and reason for the reduction. Before implementing any reduction, the Authority may consider the Customer’s scheduled or unscheduled maintenance, facility upgrade periods, and the business cycle, and any other relevant factors offered by the Customer. If, at the end of the thirty (30) day notice period, the Authority determines that a reduction is warranted, it shall provide the Customer with notice of such determination and provide the Customer with sixty (60) days to present a proposed plan with actionable milestones to cure the deficiency. The Authority shall respond to the Customer concerning the acceptability of any proposed plan that is provided in accordance with this Section III.5 within thirty (30) days of the Authority’s receipt of such proposed plan. It shall be within the Authority’s discretion whether or not to accept the Customer’s proposed plan, require a different plan, or implement the reduction of the Contract Demand after the Authority’s response to the Customer’s proposed plan. If the Authority elects to implement the reduction of the Contract Demand, it will suspend such reduction and restore Customer’s Contract Demand within a reasonable time upon Customer’s successful cure of the deficiency. APPENDIX TO SCHEDULE A
Sample 1
Notice of Intent to Reduce Contract Demand. In the event that the Authority determines that the Contract Demand will be wholly or partially reduced pursuant to this Schedule , the Authority shall provide the Customer with at least thirty (30) days prior written notice of such reduction, specifying the amount of the reduction of Contract Demand and the reason for the reduction, provided, however, that before making the reduction, the Authority may consider the Customer’s scheduled or unscheduled maintenance or facilities upgrading periods when such events temporarily reduce plant employment levels or electrical demand as well as business cycle.
Sample 1
Notice of Intent to Reduce Contract Demand. In the event that the Authority determines that the Contract Demand will be wholly or partially reduced pursuant to Sections III.1, III.2, or III.3 of this Schedule B, the Authority shall provide the Customer with at least thirty (30) days prior written notice of the proposed reduction, specifying the amount and reason for the reduction. Before implementing any reduction, the Authority may consider the Customer’s scheduled or unscheduled maintenance, Facility upgrade periods, and the business cycle, and any other relevant factors offered by the Customer as determined by the Authority. If, at the end of the thirty (30) day notice period, the Authority determines that a reduction is warranted, it shall provide the Customer with notice of such determination and provide the Customer with sixty (60) days to present a proposed plan with actionable milestones to cure the deficiency. The Authority shall respond to the Customer concerning the acceptability of any proposed plan that is provided in accordance with this Section III.5 within thirty (30) days of the Authority’s receipt of such proposed plan. It shall be within the Authority’s discretion whether or not to accept the Customer’s proposed plan, require a different plan, or implement the reduction of the Contract Demand after the Authority’s response to the Customer’s proposed plan. APPENDIX TO SCHEDULE B BASE EMPLOYMENT LEVEL During the course of each Reporting Year, the Customer shall employ at least 145 full-time employees (“Base Employment Level”) at the Customer’s Facility, subject to the 90% compliance threshold as further detailed in Article III of Schedule B. The Base Employment Level shall be maintained for the term of the Allocation through the Allocation Expiration Date specified in Schedule A in accordance with Article I of Schedule B. CAPITAL INVESTMENT COMMITMENTS
Sample 1

Related to Notice of Intent to Reduce Contract Demand

  • NOTICE OF INTENT TO SURRENDER Any other provision of this lease to the contrary notwithstanding, at least thirty (30) days prior to the normal expiration of the term of this Lease as noted under the heading TERM OF LEASE above, Tenant shall give written notice to Landlord of Tenant’s intention to surrender the residence at the expiration of the Lease term. If said written notice is not timely given, the Tenant shall become a month-to-month tenant as defined by applicable Georgia law, and all provisions of this Lease will remain in full force and effect, unless this Lease is extended or renewed for a specific term by written agreement of Landlord and Tenant. If Tenant becomes a month-to-month tenant in the manner described above, Tenant must give a thirty (30) day written notice to the Landlord of Tenant’s intention to surrender the residence. At any time during a month-to-month tenancy Landlord may terminate the month-to-month Lease by serving Tenant with a written notice of termination, or by any other means allowed by applicable Georgia law. Upon termination, Tenant shall vacate the premises and deliver same unto Landlord on or before the expiration of the period of notice.

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  • STOP WORK NOTICE The City may issue an immediate Stop Work Notice in the event the Contractor is observed performing in a manner that is in violation of Federal, State, or local guidelines, or in a manner that is determined by the City to be unsafe to either life or property. Upon notification, the Contractor will cease all work until notified by the City that the violation or unsafe condition has been corrected. The Contractor shall be liable for all costs incurred by the City as a result of the issuance of such Stop Work Notice.

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  • Right to request (a) An employee entitled to parental leave may request the employer to allow the employee:

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  • Contents of Suspension Notice A Suspension Notice shall specify:

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