Amount of XXXX Energy Sample Clauses

Amount of XXXX Energy. Owner/Operator shall make the XXXX available to Public Service throughout the Term and grants to Public Service the right to use up to 60% of the nameplate storage capacity (in kWh) of the XXXX at the XXXX Address for each Event and for up to 60 Events per year during the Term. Owner/Operator shall ensure that the XXXX Address has working and reliable internet access positioned to communicate reliably with the XXXX, and the Owner/Operator is responsible for maintaining all applicable user accounts and other necessary system elements for operating XXXX equipment (e.g., smart phone apps) as specified by the XXXX equipment manufacturer. Owner/Operator consents to the management, operation, control, and issuance of commands to the XXXX by Public Service through the XXXX dispatch software, whether through the XXXX Vendor’s software platform or through any similar platform as determined by Public Service. Owner/Operator acknowledges that the XXXX is subject to round- trip efficiency (“RTE”) losses, whereby each time the XXXX is charged and discharged there is a loss of energy, and that any additional electricity costs that the Host incurs during the Term because of RTE losses are the sole responsibility of the Host. SAMPLE
Sample 1
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Related to Amount of XXXX Energy

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Definitions For purposes of this Agreement:

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

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