Industry Party Sample Clauses

Industry Party. In respect of Industry Parties votes shall be calculated by NGC in accordance with the following:- 2.1 Basis of Data all data used by NGC in calculating the number of votes to be allocated to Industry Parties in respect of each TUG Year will be based on the 12 month period expiring on 30th November immediately prior to the commencement of the election procedure for that TUG Year; 2.2 Supply of Data the Settlement System Administrator will supply actual data for both Genset Metered Generation and Consumer Gross Demand (as those expressions are respectively defused in the Pooling and Settlement Agreement) to NGC broken down on a company by company basis provided always that if the Settlement System Administrator fails to supply such data the Industry Parties will provide such data direct to NGC; 2.3 the data to be utilised is as follows:- (A) total energy traded within England and Wales electricity pool for each Industry Party will be the sum of its Genset Metered Generation and Consumer Gross Demand in MWh; (B) in relation to payments made to and/or from NGC, the following will be included:- (i) the sum of the magnitude of all amounts invoiced under all Supplemental Agreements (or equivalent agreements) with each Industry Party, provided that (a) for the purposes of arriving at such amount. any generation or demand infrastructure charges payable to an Industry Party in respect of any individual Generating Unit or Connection Site shall be deemed to be a payment to NGC; and (b) connection charges invoiced internally by NGC on NGC Interconnections Business shall not (for the avoidance of doubt) be included; and (c) any capital contribution (whether in monetary form or otherwise) made other than annually shall be converted into a deemed annual charge on the basis of the applicable depreciation period; (ii) the sum of the magnitude of amounts invoiced under Ancillary Services Agreements with each Industry Party; and (iii) equivalent amounts invoiced under an Interconnection Agreement; 2.4 Votes Allocation votes will be allocated to Industry Parties on the basis of 50% on energy traded with the England and Wales electricity pool (calculated in accordance with paragraph 2.3 of this Appendix 3) and 50% on payments to/from NGC (calculated in accordance with paragraph 2.3 of this Appendix 3) as follows:- Industry Party's Energy Traded (MWhrs) x 67,500,000 Total Energy Traded (MWhrs) plus Total Payments of Industry Party x 67,500,000 Total Payments 2.5 Rounding Down o...
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Related to Industry Party

  • Industry Data The statistical and market-related data included in each of the Registration Statement, the Pricing Disclosure Package and the Prospectus are based on or derived from sources that the Company reasonably and in good faith believes are reliable and accurate or represent the Company’s good faith estimates that are made on the basis of data derived from such sources.

  • Operator The Optionee shall be the operator for purposes of developing and executing exploration programs.

  • INDUSTRY FUND a. The Employer shall contribute and remit such contributions to the Union’s Industry Fund as specified in Schedule “A” for each hour worked by each employee covered by this Agreement. b. The Industry Fund shall be used by the Union for the promotion of the industry, to promote unionized construction, and for other purposes as determined by the Union to strengthen the position of the Union and its members in the industry. c. The total amount owing shall be remitted monthly to the Union by the 15th of the month following the month for which the contributions were made. Contributions shall be itemized separately on the remittance form.

  • DISADVANTAGED BUSINESS ENTERPRISE OR HISTORICALLY UNDERUTILIZED BUSINESS REQUIREMENTS The Engineer agrees to comply with the requirements set forth in Attachment H, Disadvantaged Business Enterprise or Historically Underutilized Business Subcontracting Plan Requirements with an assigned goal or a zero goal, as determined by the State.

  • Force Majeur In case the Show Facility is damaged or destroyed, or in case of war, government regulations or any other circumstances whatsoever which will make it impossible or impractical for Show Management to permit Exhibitor to occupy the exhibit space described in this Agreement, this Agreement will terminate and Exhibitor will waive any claim for damages for compensation except the pro rata return of the amount paid for space rented, diminished only by a pro rata portion of the amounts expended to produce the Show.

  • SKILLED TRADES The Company agrees that maintenance employees are engaged to perform wholly maintenance duties, however, they may perform production duties until the set up or repair has been completed. Also, production employees may catty our minor adjustments and repairs. The Company will establish a tool allowance over the lifetime of this agreement of ($210.00 per contract year) to be used as a credit for the purchase of tools deemed necessary or as required by the Company by all Maintenance Men, Maintenance Machinists and Stationary Engineers In the event an employee eligible for a tool allowance terminates their and has exceeded their allowance of per contract year, then such excess will be withheld from their final earnings. Electronic Technician Electrician Maintenance Maintenance Maintenance Stationary Engineer (Chief) Stationary Engineer Pollution Control Operator Maintenance Trainee Oiler and Greaser Mould Cleaner Stores Roving C Remelt Pot Operator Material Handler Scrap Pickup Oxide Mill Operator Acid Tender Janitor Battery Repair Warehouser Stock Picker Circuit Tender Circuit Tender Commercial Re-Charge Operator Starting rate shall be below published job rate. Publishedjob rate to be effective no later than completion of probationary period. A premium of per hour over the published rate for employees designated as a lead hand by the Company. Base Rate Pasting Machine Operator Off-Bearer Paste Mixing Parting Machine Operator Off-Bearer Forming Room Operator Negative On-Bearedoperator Sinker Assembly Foundry Box Developing Operator Packaging Operator Floater of Jobs Element Burner Sinker Intercell Burner Stacking Operator Off-Bearer Stacking Assembly Burner Battery On-Bearer Place Covers & Mix Resin Inverter Resin Operator Saw Parting CLASSIFICATION SKILLED SEMI-SKILLED * * * Electronic Technician Electrician Maintenance Machinist Maintenance Class Maintenance Class Maintenance Trainee Oiler and Greaser * * * Pollution Control Operator Stationary Engineer Chief Stationary Engineer * Mold Cleaner Stores Machine Operator Off-Bearer Paste Mixing Operator Off-Bearer Operator Negative Ovens Circuit Tender On-Bearer Sinker Assembly SKILLED SEMI-SKILLED * * * * * * * * *

  • Disadvantaged Business Enterprises In connection with the performance of this Agreement, the Municipality/Sponsor shall cause its contractors to cooperate with the State in meeting its commitments and goals with regard to the utilization of Disadvantaged Business Enterprises (DBEs) and will use its best efforts to ensure that DBEs will have opportunity to compete for subcontract work under this Agreement. Also, in this connection the Municipality or Municipality/Sponsor shall cause its contractors to undertake such actions as may be necessary to comply with 49 CFR Part 26. As a sub-recipient under 49 CFR Part 26.13, the Municipality/Sponsor hereby makes the following assurance. The Municipality/Sponsor shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any United States Department of Transportation (USDOT)-assisted contract or in the administration of its Disadvantaged Business Enterprise (DBE) program or the requirements of 49 CFR Part 26. The Municipality/Sponsor shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of the United States Department of Transportation-assisted contracts. The New York State Department of Transportation’s DBE program, as required by 49 CFR Part 26 and as approved by the United States Department of Transportation, is incorporated by reference in this agreement. Implementation of this program is a legal obligation and failure to carry out its terms shall be treated as a violation of this agreement. Upon notification to the recipient of its failure to carry out its approved program, the USDOT may impose sanctions as provided for under part 26 and may, in appropriate cases, refer the matter for enforcement under 18 U.S.C. 1001 and/or the Program Fraud Civil Remedies Act of 1986 (31 U.S.C. 3801 et seq.).

  • Capacity Interconnection Rights Pursuant to and subject to the applicable terms of the Tariff, the Interconnection Customer shall have Capacity Interconnection Rights at the Point(s) of Interconnection specified in this Interconnection Service Agreement in the amount of 33.6

  • Disadvantaged Business Enterprise To the extent authorized by applicable federal laws, regulations, or requirements, the Recipient agrees to facilitate, and assures that each Third Party Participant will facilitate, participation by small business concerns owned and controlled by socially and economically disadvantaged individuals, also referred to as “Disadvantaged Business Enterprises” (DBEs), in the Underlying Agreement as follows:

  • Currency Generally (a) For purposes of any determination under Article 5, Article 6 (other than Section 6.15(a) and the calculation of compliance with any financial ratio for purposes of taking any action hereunder) or Article 7 with respect to the amount of any Indebtedness, Lien, Restricted Payment, Restricted Debt Payment, Investment, Disposition, Sale and Lease-Back Transaction, Affiliate transaction or other transaction, event or circumstance, or any determination under any other provision of this Agreement, (any of the foregoing, a “specified transaction”), in a currency other than US Dollars, (i) the equivalent amount in US Dollars of a specified transaction in a currency other than US Dollars shall be calculated based on the rate of exchange quoted by the Bloomberg Foreign Exchange Rates & World Currencies Page (or any successor page thereto, or in the event such rate does not appear on any Bloomberg Page, by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrower Representative) for such foreign currency, as in effect at 11:00 a.m. (London time) on the date of such specified transaction (which, in the case of any Restricted Payment, shall be deemed to be the date of the declaration thereof and, in the case of the incurrence of Indebtedness, shall be deemed to be on the date first committed); provided, that if any Indebtedness is incurred (and, if applicable, associated Lien granted) to refinance or replace other Indebtedness denominated in a currency other than US Dollars, and the relevant refinancing or replacement would cause the applicable US Dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing or replacement, such US Dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such refinancing or replacement Indebtedness (and, if applicable, associated Lien granted) does not exceed an amount sufficient to repay the principal amount of such Indebtedness being refinanced or replaced, except by an amount equal to (x) unpaid accrued interest and premiums (including tender premiums) thereon plus other reasonable and customary fees and expenses (including upfront fees and original issue discount) incurred in connection with such refinancing or replacement, (y) any existing commitments unutilized thereunder and (z) additional amounts permitted to be incurred under Section 6.01 and (ii) for the avoidance of doubt, no Default or Event of Default shall be deemed to have occurred solely as a result of a change in the rate of currency exchange occurring after the time of any specified transaction so long as such specified transaction was permitted at the time incurred, made, acquired, committed, entered or declared as set forth in clause (i). For purposes of Section 6.15(a) and the calculation of compliance with any financial ratio for purposes of taking any action hereunder (including for purposes of calculating availability under the Incremental Cap), on any relevant date of determination, amounts denominated in currencies other than US Dollars shall be translated into US Dollars at the applicable currency exchange rate used in preparing the financial statements delivered pursuant to Section 5.01(a) or (b) (or, prior to the first such delivery, the financial statements referred to in Section 3.04), as applicable, for the relevant Test Period. Notwithstanding the foregoing or anything to the contrary herein, to the extent that any Borrower would not be in compliance with Section 6.15(a) if any Indebtedness denominated in a currency other than US Dollars were to be translated into US Dollars on the basis of the applicable currency exchange rate used in preparing the financial statements delivered pursuant to Section 5.01(a) or (b), as applicable, for the relevant Test Period, but would be in compliance with Section 6.15(a) if such Indebtedness that is denominated in a currency other than in US Dollars were instead translated into US Dollars on the basis of the average relevant currency exchange rates over such Test Period (taking into account the currency translation effects, determined in accordance with IFRS, of any Hedge Agreement permitted hereunder in respect of currency exchange risks with respect to the applicable currency in effect on the date of determination for the US Dollars equivalent amount of such Indebtedness), then, solely for purposes of compliance with Section 6.15(a), the First Lien Leverage Ratio as of the last day of such Test Period shall be calculated on the basis of such average relevant currency exchange rates. (b) Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify with the Borrower Representative’s consent to appropriately reflect a change in currency of any country and any relevant market convention or practice relating to such change in currency. (c) The Administrative Agent shall determine the Spot Rate as of each Revaluation Date to be used for calculating the US Dollar Equivalent amount of any Revolving Loan and/or Letter of Credit that is denominated in any Alternate Currency. The Spot Rate shall become effective as of such Revaluation Date and shall be the Spot Rate employed in converting any amount between any Alternate Currency and US Dollars until the next occurring Revaluation Date.

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