Designation of Holding Energy Sample Clauses

Designation of Holding Energy. If any Reservoir Party is precluded by paragraph 6(i)(1), Adjustment Limitations, from adjusting the regulation(s) of (each of) its reservoir(s) to reduce or eliminate the Indicated Import of energy to its System in the first two Periods of the Critical Period, that Reservoir Party may designate a part or all of the remaining import in those Periods as HE. In response, each Party having an Indicated Export may designate a part or all of its Indicated Export of energy available in those Periods as HE. If any Party with an Indicated Export in a Period elects not to designate part or all of its Indicated Export of energy as HE, that Party shall increase its EAEL in that Period in an amount equivalent to that amount of its Indicated Export of energy that such Party elected not to designate as HE and shall correspondingly decrease its EAEL in Periods between the third Period of the Critical Period and the following March. If a Party designates a part or all of its Indicated Exports of energy as HE, the following shall apply. Prior to making adjustments to reduce the draft from the designated reservoirs of an Indicated Importing Party who desires to draft, the affected Parties shall prepare a schedule that shows the amounts and Period(s) of HE transfers and the reservoir(s) designated by the Indicated Importing Party involved in the transfers. In the event the affected Parties cannot agree on such a schedule, a schedule shall be created by the affected Parties that requires the return of HE as soon as possible after the second Period of the Critical Period in an amount that is equal to the least of: (i) the Indicated Importing Party’s Indicated Export; (ii) the Indicated Exporting Party’s Indicated Import, or
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Designation of Holding Energy. The Supplying Party shall deliver to a Receiving Party in any Period the lesser of (i) the amount established pursuant to paragraph 6(i)(4), Designation of Holding Energy, (ii) the amount sufficient to keep the Receiving Party’s reservoir(s) at (each of) its Energy Content Curve(s) (“ECC”), or (iii) the amount requested by the Receiving Party. The Receiving Party may require such delivery at a daily rate of up to
Designation of Holding Energy. The Supplying Party shall pay the Receiving Party pursuant to paragraph 14(e)(1),

Related to Designation of Holding Energy

  • Designation of Key Personnel The Contractor’s Contract Manager for this engagement shall be Xxxxxxx Xxxxxxx, Phone: (000) 000-0000, Email Address: xxxxxxx@xxxxxxxxxx.xxx. The City’s Contract Manager for the engagement shall be Xxx Xxxxx, Phone: ( 512 ) 974 - 8211 , Email Address: Xxx.Xxxxx@xxxxxxxxxxx.xxx. The City and the Contractor resolve to keep the same key personnel assigned to this engagement throughout its term. In the event that it becomes necessary for the Contractor to replace any key personnel, the replacement will be an individual having equivalent experience and competence in executing projects such as the one described herein. Additionally, the Contractor will promptly notify the City Contract Manager and obtain approval for the replacement. Such approval shall not be unreasonably withheld.

  • Formation of Company The Company was formed on February 23, 2017 pursuant to the provisions of the Delaware Act. The filing of the Certificate of Formation of the Company with the Secretary of State of the State of Delaware are hereby ratified and confirmed in all respects.

  • Resignation of Trustee Any Trustee hereunder may resign by a notice in writing delivered to the Grantor, if the Grantor is then living, and, after the Grantor’s death, to all current Beneficiaries of the Trust.

  • Change in Form of Business Organization If, during the term of this Agreement, the form of CONTRACTOR’s business organization changes, or the ownership of CONTRACTOR changes, or when changes occur between CONTRACTOR and other businesses that could impact services provided through this Agreement, CONTRACTOR shall promptly notify ADMINISTRATOR, in writing, detailing such changes. A change in the form of business organization may, at COUNTY’s sole discretion, be treated as an attempted assignment of rights or delegation of duties of this Agreement.

  • NOTIFICATION OF ADDRESS CHANGE You will notify Us promptly in writing with Your signature if You move or otherwise have a change of address. In the event We are unable to locate You, You agree to pay all fees associated with maintaining an invalid address in Our records and any costs and locator fees incurred in Our locating efforts.

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named:

  • Termination for Lack of Funding If this Contract is funded by public funds or a grant from a public or private entity, and the funds are not appropriated or the grant is discontinued, the County may terminate this Contract by written notice specifying the date of termination. The County shall pay for all work properly performed up to the effective date of the notice of termination.

  • Termination of Funding County may terminate this Contract in any fiscal year in that it is determined there is not sufficient funding. California Constitution Article XVI Section 18.

  • Designation of Representative The Director of Public Works or the Director’s authorized representative is hereby designated as the City’s representative with respect to the work to be performed under this Agreement. Said representative shall have complete authority to transmit instructions, receive information, and interpret and define the City’s policies and decisions with respect to the services of the Consultant.

  • Negation of Partnership Landlord shall not become or be deemed a partner or a joint venturer with Tenant by reason of the provisions of this Lease.

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