FUEL SERVICES; AGENCY PERIOD Sample Clauses

FUEL SERVICES; AGENCY PERIOD. (a) MAEM will provide all Fuel necessary for the operation of the Generating Facilities at MAEM's cost, which shall be calculated as MAEM's actual cost for transportation, inventory and related costs, as adjusted for any gains or losses on fuel xxxxxx and trading activities. MAEM will enter into arrangements for the purchase and procurement of Fuel meeting the specifications for the Generating Stations, coordinate the scheduling, loading, unloading and storage of Fuel deliveries, maintain Fuel inventory levels, and perform such other Fuel-related services as MIRMA may request from time to time, in each case in accordance with Good Utility Practices. (i) If, at any time, MAEM determines that the creditworthiness of MIRMA is impaired, MAEM may, at its sole discretion and upon written notice to MIRMA, elect to suspend Fuel procurement under SECTION 3.2(a) for a period until such creditworthiness is restored (each such period, an "Agency Period"). During any such Agency Period, MAEM shall act solely as agent to MIRMA under this Agreement in taking the actions set forth in this SECTION 3.2(b). (ii) During any Agency Period, MAEM's sole obligation shall be to use commercially reasonable efforts to procure Fuel as agent of and for the account of MIRMA, and MAEM shall have no obligation to provide credit enhancement to any supplier of MIRMA. MAEM shall have no liability to MIRMA if Fuel suppliers do not agree to supply Fuel to MIRMA due to a lack of creditworthiness of MIRMA. As agent, MAEM shall neither directly purchase or contract for the purchase of, nor take title to or possession and control of, any Fuel procured for the account of MIRMA, and MAEM shall have no liability to any Fuel supplier or MIRMA for nonpayment for or nondelivery of procured Fuels, as appropriate. During any Agency Period, as between MAEM and MIRMA, MIRMA shall be deemed to have title, exclusive possession and control of all procured Fuel at all times, and any risk of loss associated with any such procured Fuel shall be born by MIRMA. (iii) Each Agency Period shall continue until MIRMA can demonstrate to MAEM that MIRMA's creditworthiness has been restored, as reasonably determined by MAEM. After a positive determination as to such creditworthiness, the applicable Agency Period shall be terminated by MAEM by written notice to MIRMA, and MAEM shall resume procuring Fuel for MIRMA under SECTION 3.2(A).
Sample 1
AutoNDA by SimpleDocs

Related to FUEL SERVICES; AGENCY PERIOD

  • Information Services Traffic 5.1 For purposes of this Section 5, Voice Information Services and Voice Information Services Traffic refer to switched voice traffic, delivered to information service providers who offer recorded voice announcement information or open vocal discussion programs to the general public. Voice Information Services Traffic does not include any form of Internet Traffic. Voice Information Services Traffic also does not include 555 traffic or similar traffic with AIN service interfaces, which traffic shall be subject to separate arrangements between the Parties. Voice Information services Traffic is not subject to Reciprocal Compensation charges under Section 7 of the Interconnection Attachment. 5.2 If a D&E Customer is served by resold Verizon Telecommunications Service or a Verizon Local Switching UNE, subject to any call blocking feature used by D&E, to the extent reasonably feasible, Verizon will route Voice Information Services Traffic originating from such Service or UNE to the Voice Information Service platform. For such Voice Information Services Traffic, unless D&E has entered into an arrangement with Verizon to xxxx and collect Voice Information Services provider charges from D&E’s Customers, D&E shall pay to Verizon without discount the Voice Information Services provider charges. D&E shall pay Verizon such charges in full regardless of whether or not it collects such charges from its own Customers. 5.3 D&E shall have the option to route Voice Information Services Traffic that originates on its own network to the appropriate Voice Information Services platform(s) connected to Verizon’s network. In the event D&E exercises such option, D&E will establish, at its own expense, a dedicated trunk group to the Verizon Voice Information Service serving switch. This trunk group will be utilized to allow D&E to route Voice Information Services Traffic originated on its network to Verizon. For such Voice Information Services Traffic, unless D&E has entered into an arrangement with Verizon to xxxx and collect Voice Information Services provider charges from D&E’s Customers, D&E shall pay to Verizon without discount the Voice Information Services provider charges. 5.4 D&E shall pay Verizon such charges in full regardless of whether or not it collects charges for such calls from its own Customers. 5.5 For variable rated Voice Information Services Traffic (e.g., NXX 550, 540, 976, 970, 940, as applicable) from D&E Customers served by resold Verizon Telecommunications Services or a Verizon Local Switching Network Element, D&E shall either (a) pay to Verizon without discount the Voice Information Services provider charges, or (b) enter into an arrangement with Verizon to xxxx and collect Voice Information Services provider charges from D&E’s Customers. 5.6 Either Party may request the other Party provide the requesting Party with non discriminatory access to the other party’s information services platform, where such platform exists. If either Party makes such a request, the Parties shall enter into a mutually acceptable written agreement for such access. 5.7 In the event D&E exercises such option, D&E will establish, at its own expense, a dedicated trunk group to the Verizon Information Service serving switch. This trunk group will be utilized to allow D&E to route information services traffic originated on its network to Verizon.

  • Customer Cooperation 3.2.1. Customer shall provide and make available all Customer personnel as may be further addressed in an applicable Order Form or that SAP reasonably requires in connection with performance of the Services. 3.2.2. Customer shall appoint a contact person with the authority to make decisions and to supply SAP with any necessary or relevant information expeditiously.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • TRANSPORT SERVICES Upon the conclusion of such multilateral negotiations, the Parties shall conduct a review for the purpose of discussing appropriate amendments to this Agreement so as to incorporate the results of such multilateral negotiations.

  • Transportation Services i) In the event that transportation services for a student served by CONTRACTOR pursuant to an Individual Services Agreement are to be provided by a party other than CONTRACTOR or the LEA or its transportation providers, such services shall be reflected in a separate agreement signed by the parties hereto, and provided to the LEA and SELPA Director by the CONTRACTOR. Except as provided below, CONTRACTOR shall compensate the transportation provider directly for such services, and shall charge the LEA for such services at the actual and reasonable rates billed by the transportation provider, plus a ten percent (.

  • Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Management Services Agreement The term "Management Services ----------------------------- Agreement" shall mean this Management Services Agreement by and between Practice and Business Manager and any amendments hereto.

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5. 1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!