Fuel Stock Sample Clauses

Fuel Stock. Seller shall at all times maintain, in accordance with Prudent Operating Practice, (at the Site) a stock of fuel for the day to day operation of the Plant (such that Seller can perform its obligations under this Agreement) and Seller shall, in accordance with Prudent Operating Practice, also maintain a stock of fuel for the Plant (the “Security Stock”) which stock shall not be less than the total amount of fuel required to operate the Plant at full load capacity for a continuous period of [ ] days. If, in order to comply with a Despatch Instruction, Seller has to use any part of the Security Stock it shall replace any such part of the Security Stock as it shall have used as soon as reasonably practicable and in any event not later than [ ] days after use. Seller shall provide to Purchaser such evidence of quantities of Security Stock delivered and used as Purchaser may reasonably request. [Modify to provide for water storage level requirements for hydro and well replacement programmes for geothermal].
Sample 1
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Fuel Stock. 9.3.1 The Generator shall maintain at its expense on the Site at all times a Fuel Stock sufficient to meet all of the Generator's Fuel needs for a period of at least thirty (30) days in the event that there is an interruption in the Generator's Fuel supply. In determining whether the quantity of such Fuel Stock is sufficient, the Generator shall take into account, among other things, the maximum Fuel consumption rate of the Facility and the time required to accomplish necessary replenishment.
Sample 1
Fuel Stock. Seller shall at all times maintain, in accordance with Prudent Operating Practice, (at the Site) a stock of fuel for the day to day operation of the Plant (such that Seller can perform its obligations under this Agreement) and Seller shall, in accordance with Prudent Operating Practice, also maintain a stock of fuel for the Plant (the “Security Stock”) which stock shall not be less than the total amount of fuel required to operate the Plant at full load capacity for a continuous period of [  ] days. If, in order to comply with a Dispatch Instruction, Seller has to use any part of the Security Stock it shall replace any such part of the Security Stock as it shall have used as soon as reasonably practicable and in any event not later than [  ] days after use. Seller shall provide to Purchaser such evidence of quantities of Security Stock delivered and used as Purchaser may reasonably request.] [modify to provide for water storage level requirements for hydro and well replacement programmes for geothermal].
Sample 1

Related to Fuel Stock

  • Xxxxx Stock The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.

  • Common Shares 4 Company...................................................................................... 4

  • Capital Stock of Sub Each issued and outstanding share of capital stock of Sub shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Common Stock 1 Company........................................................................1

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Company Capital Stock “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred Stock.

  • Shares The term “

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

  • Capital Stock and Ownership The Capital Stock of each of Holdings and its Subsidiaries has been duly authorized and validly issued and is fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there is no existing option, warrant, call, right, commitment or other agreement to which Holdings or any of its Subsidiaries is a party requiring, and there is no membership interest or other Capital Stock of Holdings or any of its Subsidiaries outstanding which upon conversion or exchange would require, the issuance by Holdings or any of its Subsidiaries of any additional membership interests or other Capital Stock of Holdings or any of its Subsidiaries or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase, a membership interest or other Capital Stock of Holdings or any of its Subsidiaries. Schedule 4.2 correctly sets forth the ownership interest of Holdings and each of its Subsidiaries in their respective Subsidiaries as of the Closing Date.

  • Merger Sub Capital Stock At and after the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into one share of common stock of the Surviving Corporation.

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