Common use of All Requirements Fuel Supply Clause in Contracts

All Requirements Fuel Supply. With the exception of any Direct Contracts as described in Section 4.1, MAEM shall procure and supply to Project Company, on an exclusive basis, all Fuel required by the Generating Station in accordance with Good Utility Practices and the terms and conditions of this Agreement. Project Company shall reimburse MAEM for such Fuel at MAEM’s actual cost. MAEM has entered into or will enter into Fuel xxxxxx and trading activities (including, but not limited to, physical and financial xxxxxx, swaps and options) in connection with MAEM’s Fuel supply obligations pursuant to this Section 3.1. The costs and revenues associated with such Fuel hedging and trading activities will be attributed to the Asset Book and charged to, or paid to, Project Company as such costs and revenues are actually incurred or received by MAEM, as further described in the calculation of Net Market Revenues pursuant to Section 8.2.

Appears in 4 contracts

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply (Mirant Americas Generating LLC), Power Sale, Fuel Supply (Mirant Americas Generating LLC)

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All Requirements Fuel Supply. With the exception of any Direct Contracts Contract as described in Section 4.1, MAEM shall procure and supply to Project Company, Company on an exclusive basis, basis all Fuel required by the Generating Station in accordance with Good Utility Practices and the terms and conditions of this Agreement. Project Company shall reimburse MAEM for such Fuel at MAEM’s actual costcost with the exception of Fuel Oil delivered to the Generating Station as described in Section 3.4 below. MAEM has entered into or will enter into Fuel xxxxxx and trading activities (including, but not limited to, physical and financial xxxxxx, swaps and options) in connection with MAEM’s Fuel supply obligations pursuant to this Section 3.1. The costs and revenues associated with such Fuel hedging and trading activities will be attributed to the Asset Book and charged to, or paid to, Project Company as such costs and revenues are actually incurred or received by MAEM, as further described in the calculation of Net Market Revenues pursuant to Section 8.2.

Appears in 2 contracts

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Mid Atlantic LLC)

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All Requirements Fuel Supply. With the exception of any Direct Contracts as described in Section 4.1, MAEM shall procure and supply to Project CompanyCompanies, on an exclusive basis, all Fuel required by the Generating Station Stations in accordance with Good Utility Practices and the terms and conditions of this Agreement. The Project Company Companies shall reimburse MAEM for such Fuel at MAEM’s actual cost. MAEM has entered into or will enter into Fuel xxxxxx and trading activities (including, but not limited to, physical and financial xxxxxx, swaps and options) in connection with MAEM’s Fuel supply obligations pursuant to this Section 3.1. The costs and revenues associated with such Fuel hedging and trading activities will be attributed to the Asset Book and charged to, or paid to, Project Company as such costs and revenues are actually incurred or received by MAEM, as further described in the calculation of Net Market Revenues pursuant to Section 8.2.

Appears in 1 contract

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC)

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