Common use of Definitive Agreements Clause in Contracts

Definitive Agreements. On or before February 28, 2014, the Company shall use its best efforts to enter into the following agreements to facilitate construction and operation of the CCWRP, including the Desalination Plant an option agreement for the Company to purchase the “Tank Farm” parcel adjacent to the Dynegy Xxxx Landing Power Plant from Dynegy Xxxx Landing, LLC, together with easements necessary to construct intake and/or outfall pipelines necessary to operate the CCRWP and the Desalination Plant; and an agreement for the Company to purchase from the City of Xxxxxxx sufficient electricity needed to operate the CCRWP and the Desalination Plant; and an agreement in a form reasonably acceptable to MPWMD for development of intake and outfall pipeline facilities, and data center components for the CCRWP. In the event the MPWMD Option is still in effect at the time the agreements referenced in this Paragraph are made, such agreements shall expressly recognize and accommodate exercise of the MPWMD Option.

Appears in 3 contracts

Samples: Sharing Agreement, Sharing Agreement, Sharing Agreement

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Definitive Agreements. On or before February 28, 2014, the Company shall use its best efforts to enter into the following agreements to facilitate construction and operation of the CCWRPCCRWP, including the Desalination Plant Plant: an option agreement for the Company to purchase the “Tank Farm” parcel adjacent to the Dynegy Xxxx Landing Power Plant from Dynegy Xxxx Landing, LLC, together with easements necessary to construct intake and/or outfall pipelines necessary to operate the CCRWP and the Desalination Plant; and an agreement for the Company to purchase from the City of Xxxxxxx sufficient electricity needed to operate the CCRWP and the Desalination Plant; and an agreement in a form reasonably acceptable to MPWMD for development of intake and outfall pipeline facilities, and data center components for the CCRWP. In the event the MPWMD Option is still in effect at the time the agreements referenced in this Paragraph are made, such agreements shall expressly recognize and accommodate exercise of the MPWMD Option.

Appears in 1 contract

Samples: Sharing Agreement

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