EDC Sample Clauses
EDC. The term “EDC” means the Sweeny Economic Development Corporation, a Texas non-profit corporation, its successors and assigns, whose corporate address for the purposes of this Agreement is 000 X. 0xx Xxxxxx, Xxxxxx, Texas 77480.
EDC. On and as of the effective date, and upon Delivery, the EDC hereby covenants, represents and warrants to the Subscriber Organization as follows:
11.2.1 The EDC has and, at all times during the term will have, all necessary power and authority to execute, deliver and perform its obligations hereunder;
11.2.2 The execution, delivery and performance of this Tariff by EDC has been duly authorized by all necessary action and does not violate any of the terms or conditions of EDC's governing documents, or any contract to which it is a party, or any law, rule, regulation, order, judgment or other legal or regulatory determination applicable to EDC;
11.2.3 To the EDC’s knowledge, there is no pending or threatened litigation, arbitration or administrative proceeding that materially adversely affects the EDC’s ability to perform its obligations under the Tariff; and
11.2.4 The EDC is not bankrupt and there are no proceedings pending or being contemplated by it or, to its knowledge, threatened against it which would result in it being or becoming bankrupt.
EDC. An abbreviation for "Electric Distribution Company.” This is also referred to in the marketplace as your “utility”. Unless otherwise noted, the term “EDC” shall mean the public utility providing facilities for the jurisdictional transmission and distribution of electricity to retail customers, except building or facility owners or operators that manage the internal Commission's website: xxxx://xxx.xxx.xxxxx.xx.xx/consumer_info/electricity/electric_competition_di ctionary.aspx
EDC. The word “EDC” means the Gun Barrel City Economic Development Corporation, a Texas non-profit corporation, its successors and assigns, whose address for the purposes of this Agreement is 0000 Xxxx Xxxx Xxxxxx, Xxx Xxxxxx Xxxx, Xxxxx 00000.
EDC. In the event that BFG builds or acquires an EDC manufacturing facility at or near the Calvxxx Xxxy Plant. BFG shall sell and deliver and Geon shall purchase and receive from BFG, for shipment to such locations as Geon shall designate, EDC in amounts equal to the entire output of such EDC manufacturing facility, estimated to be up to a maximum of eight hundred and fifty million pounds per year of EDC (or such other amount which in BFG's opinion represents the maximum turndown rate of the Ethylene Plant). The parties will agree to an increase in the capacity of the EDC plant and the maximum annual quantity of EDC to be purchased by Geon pursuant to this Agreement if they mutually determine that such increases may result in significant economic benefits for each of them. 7 If BFG decides to build an EDC manufacturing facility at or near Calvxxx Xxxy, Kentucky, BFG will consult with Geon with respect to that decision. Geon will have the opportunity to supply the process design for the EDC unit. BFG will further consult with Geon regarding the size of the facility and the construction design, engineering, procurement and installation of the EDC unit. facilities for the receipt. storage and handling of additional Chlorine and the storage, loading and transportation of EDC; and the permits that might be required. Geon will be given an opportunity to participate in the supervision of purchasing and construction and in the negotiation of any purchase contracts for additional Chlorine that might be necessary to supply Chlorine to such facility.
EDC. For the avoidance of doubt, from and after the Effective Date, the Tranche B Term Loans held by EDC under the DIP Credit Agreement are expressly excluded from the Assigned Obligations.