Clause 18 Sample Clauses

Clause 18. (a) by deleting the subclause designations (1), (2), (3) and (4) and substituting respectively the subclause designations (2), (3), (4) and (5); (b) by inserting as the first subclause the following — (1) The Company may purchase its electricity requirements from generating facilities established under the agreement (as amended from time to time) ratified by the Pilbara Energy Project Agreement Act 1994 and may transmit power within the mine site and for the operations of the rail spur subject to the provisions of the Electricity Act 1945 and the approval and requirements of the State Energy Commission pursuant to any Act.”; (c) in subclause (2), as renumbered by paragraph (a) of this clause, by deleting “For the purposes of facilitating integration of electricity generation and transmission facilities in the areas where the Company carried on activities under this Agreement” and substituting the following — “Subject to subclause (1),”; (d) in subclause (3), as renumbered by paragraph (a) of this subclause, by deleting “subclause (1)” and substituting the following — “subclause (2)”; (e) in subclause (4), as renumbered by paragraph (a) of this subclause, by deleting “subclause (2)” and substituting the following — “subclause (3)”.

Clause 18. The Concessionaire is a company made up as per the Brazilian laws, under the way of a stock company, having as exclusive purpose the exploration of the service object of the present grant, except for the services as per terms of disposition in paragraph 3rd of article 207 of Law 9,472 of 1997.

Clause 18. Choice of forum and jurisdiction

Clause 18. 2.12 (Repayment of Grant) the Recoverable Amount shall be a sum equivalent to any Firm Scheme Grant already paid in relation to the relevant Firm Scheme; or

Clause 18. 7.2 is for the benefit of the Bond Trustee only. As a result, the Bond Trustee shall not be prevented from taking proceedings relating to a dispute in any other courts with jurisdiction. To the extent allowed by law, the Bond Trustee may take concurrent proceedings in any number of jurisdictions.

Clause 18. 4.1 above does not apply to any sale, lease, transfer or other disposal: (a) made in the ordinary course of business of the disposing entity; (b) of assets in exchange for other assets comparable or superior as to type, value and quality; (c) where the higher of the market value or consideration receivable (when aggregated with the higher of the market value or consideration receivable for any other sale, lease, transfer or other disposal, other than any permitted under paragraphs (a) to (b) above or (d) below) does not exceed US$500,000 during the lifetime of the Facility; or (d) the application of cash or money not otherwise prohibited under this Agreement.

Clause 18. 2.9 (Repayment of Grant) the Recoverable Amount shall be a sum equal to the Fundamental Termination Amount;

Clause 18. 2.10 (Repayment of Grant) the Recoverable Amount shall be a sum equal to the aggregated amount of all Firm Scheme Grant already paid by Homes England to the Grant Recipient under this Agreement;

Clause 18. 2.8 (Repayment of Xxxxx), the Recoverable Amount shall: (a) where the termination has arisen pursuant to a Fundamental (A) Default, be a sum equal to the aggregated amount of all Firm Scheme Grant already paid by Homes England to the Grant Recipient under this Agreement; and (b) where the termination has arisen pursuant to a Specified Default, a Bid Default or a Fundamental (B) Default, be a sum equal to the Fundamental Termination Amount.

Clause 18. 1.1.2 of the Agreement is deleted in its entirety and replaced by the following: [***] [***] [***]