Economy Energy Sample Clauses

Economy Energy. Either Party may arrange to purchase from the other Party electrical energy ("Economy Energy") when it is possible to effect a saving thereby and, when, in the sole judgment of the supplying Party, such energy is available. Prior to each Economy Energy transaction, the amount of energy, the time of its delivery, and the compensation therefore shall be determined by the Parties. Compensation so determined by the Parties shall not be subject to later review or adjustment. In the event conditions arise during such scheduled period which cause the delivery of Economy Energy to become burdensome to the supplying Party, said Party has the right to request the receiving Party to reduce the amount of such energy to any quantity specified. Receipt or delivery of Economy Energy may also be arranged with other interconnected systems not Parties to this Agreement.
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Economy Energy. Electric energy that is recallable immediately upon notice by the seller.
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Economy Energy. Energy that Buyer has the right to purchase from Dominion Virginia Power pursuant to Article VIII that Buyer instead purchases from sources other than Dominion Virginia Power. Issued by: Gregxxx X. Xxxxxx Effective: [SUPPLY] Managing Director of Energy Supply Issued on: [SUPPLY] Virginia Electric and Power Company FERC Electric Tariff Original Volume No. 6 Original Service Agreement No. 25 Original Sheet No. 12
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Economy Energy. In any hour in which Buyer does not purchase Supplemental Energy from Dominion Virginia Power, Buyer shall be responsible for the purchase of Economy Energy in an amount equal to the Supplemental Energy. Dominion Virginia Power has no obligation to supply such energy to Buyer pursuant to this Agreement.
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Economy Energy. 3.1 Either Party ("Receiver") may request Economy Energy from the other Party ("Supplier"). Each Party shall be the sole judge of the conditions under which it is economic or practical for it to deliver, accept or return Economy Energy hereunder.
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Economy Energy. SECTION 2.10
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Economy Energy. At times, Company may be able to purchase energy from other electric utility systems at costs lower than the cost to produce energy from Joppa Plant or the cost for DOE to purchase energy from other sources. This purchased energy shall be referred to as, "Economy Energy." At Company's option, Company may provide Economy Energy to DOE in lieu of the energy associated with Permanent Joppa Power. At DOE's option, Company may provide Economy Energy to DOE in lieu of other DOE sources. DOE shall pay Company for Economy Energy at a rate to be negotiated for each economy energy transaction, which enables Company to retain up to 50 percent of the difference between the cost to Company of purchased energy and the cost to DOE for energy if the Economy Energy were not delivered to DOE. The aggregate of the scheduled MWh of Economy Energy for
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Related to Economy Energy

  • Financial Resources The Adviser has the financial resources available to it necessary for the performance of its services and obligations contemplated in the Pricing Disclosure Package, the Prospectus, and under this Agreement, the Investment Management Agreement and the Administration Agreement.

  • Cornerstone shall notify the LLC and confirm such advice in writing (i) when the filing of any post-effective amendment to the Registration Statement or supplement to the Prospectus is required, when the same is filed and, in the case of the Registration Statement and any post-effective amendment, when the same becomes effective, (ii) of any request by the Securities and Exchange Commission for any amendment of or supplement to the Registration Statement or the Prospectus or for additional information and (iii) of the entry of any stop order suspending the effectiveness of the Registration Statement or the initiation or threatening of any proceedings for that purpose, and, if such stop order shall be entered, Cornerstone shall use its best efforts promptly to obtain the lifting thereof.

  • Good Standing of the Operating Partnership; Partnership Agreement The Operating Partnership has been duly formed and is validly existing as a limited partnership in good standing under the laws of the State of Maryland and has partnership power and authority to own or lease, as the case may be, and to operate its properties and to conduct its business as described in the Registration Statement and the Prospectus and to enter into and perform its obligations under this Agreement; and the Operating Partnership is duly qualified as a foreign partnership to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect. The Company is the sole general partner of the Operating Partnership. The aggregate percentage interests of the Company and the limited partners in the Operating Partnership as of the most recently completed fiscal quarter for which financial statements have been filed with the Commission is as set forth in the Prospectus. The Seventh Amended and Restated Partnership Agreement of the Operating Partnership has been duly and validly authorized, executed and delivered by or on behalf of the partners of the Operating Partnership and constitutes a valid and binding agreement of the parties thereto, enforceable in accordance with its terms, except to the extent that such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity and, with respect to rights to indemnity and contribution thereunder, except as rights may be limited by applicable law or policies underlying such law.

  • Resources The Manager has the financial and other resources available to it necessary for the performance of its services and obligations as contemplated hereby and in the Management Agreement, the Registration Statement, the General Disclosure Package and the Prospectus.

  • Energy Conservation Tenant shall not waste electricity, water, heat or air conditioning and agrees to cooperate fully with Landlord to insure the most effective operation of the Building's heating and air conditioning, and shall not allow the adjustment (except by Landlord's authorized Building personnel) of any controls.

  • Staffing Subject to the terms and conditions of this Agreement, NLCS will provide the services of the individual identified on the attached Schedule B, as may be amended from time to time by NLCS in its sole discretion (the “Chief Compliance Officer”), who shall be appointed by the Board as the Chief Compliance Officer for the Trust and each Fund of the Trust. In addition, NLCS will provide support staff to the Chief Compliance Officer to assist him in all aspects of his duties under this Agreement. The Chief Compliance Officer will lead the engagement and will have overall supervisory responsibility for the ongoing obligations hereunder.

  • BUSINESS OF THE PARTNERSHIP The purpose and nature of the business to be conducted by the Partnership is (i) to conduct any business that may be lawfully conducted by a limited partnership organized pursuant to the Act, provided, however, that such business shall be limited to and conducted in such a manner as to permit the General Partner at all times to qualify as a REIT, unless the General Partner otherwise ceases to qualify as a REIT, and in a manner such that the General Partner will not be subject to any taxes under Section 857 or 4981 of the Code, (ii) to enter into any partnership, joint venture, co-ownership or other similar arrangement to engage in any of the foregoing or the ownership of interests in any entity engaged in any of the foregoing and (iii) to do anything necessary or incidental to the foregoing. In connection with the foregoing, and without limiting the General Partner’s right in its sole and absolute discretion to qualify or cease qualifying as a REIT, the Partners acknowledge that the General Partner intends to qualify as a REIT for federal income tax purposes and upon such qualification the avoidance of income and excise taxes on the General Partner inures to the benefit of all the Partners and not solely to the General Partner. Notwithstanding the foregoing, the Limited Partners agree that the General Partner may terminate its status as a REIT under the Code at any time to the full extent permitted under the Charter. The General Partner on behalf of the Partnership shall also be empowered to do any and all acts and things necessary or prudent to ensure that the Partnership will not be classified as a “publicly traded partnership” for purposes of Section 7704 of the Code.

  • Partnerships, Etc To enter into joint ventures, general or limited partnerships and any other combinations or associations;

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Opinion of Tax Counsel for Company and the Operating Partnership The Sales Agent shall have received the favorable opinion of Xxxxxx & Xxxxxxx LLP, tax counsel for the Company and the Operating Partnership, required to be delivered pursuant to Section 7(q) on or before the date on which such delivery of such opinion is required pursuant to Section 7(q).

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