Curtailments. Notwithstanding anything in this Agreement to the contrary, during any Settlement Interval, Curtailment Orders, Buyer Curtailment Orders, and Buyer Bid Curtailments applicable to such Settlement Interval shall have priority over any Charging Notices and Discharging Notices applicable to such Settlement Interval, and Seller shall have no liability for violation of this Section 4.5 or any Charging Notice or Discharging Notice if and to the extent such violation is caused by Seller’s compliance with any Curtailment Order, Buyer Curtailment Order, Buyer Bid Curtailment or other instruction or direction from a Governmental Authority or the PTO or the Transmission Provider. Buyer’s SC shall have the right, but not the obligation, to provide Seller with updated Charging Notices and Discharging Notices during any Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order consistent with the Operating Procedures.
Curtailments. (a) Any curtailments of Handling capacity at the WECU Facilities:
(i) shall be applied first to Handling Services provided on an Interruptible Access basis; and
(ii) shall be applied secondly to Handling Services provided on a Priority Access basis. WECU shall use reasonable efforts to allocate available Handling capacity on the basis set forth in clauses 3.6(b) and (c).
(b) Curtailments of Interruptible Access Handling Services shall be allocated among the holders of such Interruptible Access capacity on a pro rata basis, based on the relative average Interruptible Access capacity utilized by each such capacity holder during the 90 day period prior to the curtailment.
(c) Curtailments of Priority Access Handling Services shall be allocated among the holders of such Priority Access capacity hereunder based upon the capacity reserved for the customers of such capacity holders on a firm capacity basis at the applicable WECU Facilities during the 90 day period prior to the curtailment on a pro rata basis during such period, excluding from such calculation any days during that 90 day period that any such customer was unable to utilize the normal daily volume of such capacity due to an event of force majeure, a turnaround or facilities maintenance or repair which causes such customer’s facilities upstream of the Boreal Pipeline to not operate under normal operating conditions.
Curtailments. The Servicer may accept Curtailments at any time. All installments to bring the Mortgage Loan current, however, shall have been made by the Borrower. If a Mortgage Loan is delinquent, funds received shall be applied to bring the Mortgage Loan current. If there are excess funds after the application of amounts received from the Borrower to Monthly Payments, the excess funds represent a Curtailment and may be applied as a partial principal prepayment. A Curtailment may not be used to reduce the Monthly Payment or the Note Rate for any Mortgage Loan, or to postpone the Due Date of any payment. Curtailments shall be deposited into the P & I Account within one Business Day of receipt.
Curtailments. All Curtailments received by the Servicer with respect to the Mortgage Loan must be accepted by the Servicer and applied towards the amount due under the Mortgage Loan and in accordance with the terms thereof. For purposes of this Uniform Reporting Supplement, the term "
Curtailments. Seller shall reduce deliveries to Buyer of all or any portion of the Facility Energy, at any time and for the required duration, due to (i) a System Emergency,
Curtailments. The Definitive Agreement shall contain curtailment provisions which shall be based upon the following:
Curtailments. Seller shall obey all orders for curtailment of Output by the transmission provider, any electric system authority, or any other Governmental Authority with authority over the System or Seller’s electrical system. Without limiting the foregoing, Seller shall not be obligated to deliver Output, issue Regional Partner Bill Credits, or pay any damages associated with, any Output not delivered by System Owner to the Delivery Point due to a curtailment, regardless of the reason therefor.
Curtailments. To the extent there is a curtailment of gas deliveries on the applicable transporters, the available gas volumes under the transporter curtailment shall be apportioned between Party B and Party A in proportion to the Party’s respective dispatch schedules for the curtailment period.
Curtailments. Section 8.2 of the Agreement is amended to add a new subsection (e) as follows:
Curtailments. A curtailment payment of ten percent (10%) of the original principal balance for each completed unit will be due and payable on the 361st day after the date the unit was financed. The completed unit will be due and payable in full 540 days after the date the completed unit was originally financed.
