Common use of Market Based Rate Authority Clause in Contracts

Market Based Rate Authority. Take or cause to be taken all necessary or appropriate actions so that each Guarantor (if such Guarantor owns or leases a Project) and Xxxxxxxx Energy will be authorized to sell wholesale electric power at market based rates with all waivers of regulations and blanket authorizations as are customarily granted by FERC to entities authorized to sell wholesale electric power at market based rates.

Appears in 2 contracts

Samples: Credit Facility Agreement (Dynegy Inc /Il/), Credit Facility Agreement (Dynegy Inc /Il/)

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Market Based Rate Authority. Take or cause to be taken all necessary or appropriate actions so that each Guarantor (if such Guarantor owns or leases a Project) ), and Xxxxxxxx Energy will be authorized to sell wholesale electric power at market based rates with all waivers of regulations and blanket authorizations as are customarily granted by FERC to entities authorized to sell wholesale electric power at market based rates.

Appears in 1 contract

Samples: First Lien Credit Agreement (Dynegy Inc /Il/)

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Market Based Rate Authority. Take or cause to be taken all necessary or appropriate actions so that each Guarantor (if such Guarantor owns or leases a Project) ), and Xxxxxxxx Energy will be authorized to sell wholesale electric power at market based rates with all waivers of regulations and blanket authorizations as are customarily granted by FERC to entities authorized to sell wholesale electric power at market based rates.. LSP Gen Finance Second Lien Credit Agreement

Appears in 1 contract

Samples: Second Lien Credit Agreement (Dynegy Inc /Il/)

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