MINISTRY OF ENERGY AND MINES Sample Clauses

MINISTRY OF ENERGY AND MINES. Xx. Xx xxx Xxxxx Xxx Xx. 000 Xxx Xxxxx. - Ref.: Letter of Guarantee No. _ Maturity: Concession contract of the “Puerto Xxxxxxxxx – Iberia 138 kV Transmission Line” Project Dear Sirs: At the request of our clients, [name of CONCESSIONAIRE] (hereinafter, the “CONCESSIONAIRE”) we hereby provide this joint and several, irrevocable, unconditional and automatically enforceable guarantee, without benefit of excussion or division, for the amount of up to US$ _ ( Dollars of the United States of America) in favor of the Ministry of Energy and Mines to guarantee the proper and timely compliance with each and every obligation the CONCESSIONAIRE is responsible for under the Concession Contract of the “Puerto Xxxxxxxxx – Iberia 138 kV Transmission Line” Project (hereinafter, the “Contract”), including, but not limited to: ▪ The payment of the penalties established in the Contract; ▪ The payment of any sums ordered by a final and binding judgment or enforceable arbitral award, resulting from the execution of the Contract. To execute this guarantee in your favor, a requirement from the Ministry of Energy and Mines forwarded through notarial channels will suffice, the same that shall be signed by the Director General of Administration, or a person duly authorized by that entity, stating that the CONCESSIONAIRE has failed to fulfill any of the obligations guaranteed by this document. Any delay on our part to execute the above-mentioned guarantee shall pay interest equivalent to the maximum LIBOR rate, plus an annual margin (spread) of 3 %. The LIBOR rate will be established by the daily Reuters Cable received in Lima at 5:00 p.m. London time, on the date in which the payment request was submitted through notarial channel. The interests shall accrue from the date in which its execution was requested until the date of effective payment. Our obligations under this guarantee will not be affected by any dispute between the Ministry of Energy and Mines, or any entity of the Government of Peru, and our clients. This guarantee will be valid for a term of 12 months counted from _ and it will expire on , inclusive. Sincerely, Signature Name Financial Institution NOTES:
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MINISTRY OF ENERGY AND MINES. On December 1, 2005, the Borrower received a notification from the Ministry of Energy and Mines of an administrative proceeding initiated at the request of FREDICON, a community association. The Ministry of Energy and Mines will conduct a special review of certain environmental aspects of the Borrower’s operations as described in such notification. The Borrower has currently no reason to expect that this proceeding will have any Material Adverse Project Effect.”
Sample 1
MINISTRY OF ENERGY AND MINES. Victoria
Sample 1
MINISTRY OF ENERGY AND MINES and Low Carbon Innovation Electricity and Alternative Energy Division 4th Floor - 0000 Xxxxxxxxx Xxxxxx, Xxxxxxxx, XX X0X 0X0 Xxx Xxxxxx Executive Director, Built Environment E-mail: Xxxxxxxxx.Xxxxxx@xxx.xx.xx Ph : 778.698.7282 Recipient: Organization Address Name Email Phone The address, phone number, or email set out above may be changed by notice in the manner set out in this provision.
Sample 1

Related to MINISTRY OF ENERGY AND MINES

  • Energy Conservation The Contractor agrees to comply with mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act.

  • Environmental Protection Except as set forth in Schedule 5.13 annexed hereto:

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

  • Fuel 28.1 The Vehicle must be returned with the amount of fuel equal to that at the time of the commencement of the rental. If the Vehicle is returned with less fuel, the difference will be charged to You at a rate of $5.00 including GST per litre (which includes a service component).

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Health and Safety C8.1 The Contractor shall promptly notify the Authority of any health and safety hazards which may arise in connection with the performance of the Contract. The Authority shall promptly notify the Contractor of any health and safety hazards which may exist or arise at the Authority’s Premises and which may affect the Contractor in the performance of the Contract.

  • Transportation Transportation expenses include, but are not limited to, airplane, train, bus, taxi fares, rental cars, parking, mileage reimbursement, and tolls that are reasonably and necessarily incurred as a result of conducting State business. Each State agency shall determine the necessity for travel, and the mode of travel to be reimbursed.

  • GOVERNMENT ENERGY OR UTILITY CONTROLS In the event of imposition of federal, state or local government controls, rules, regulations, or restrictions on the use or consumption of energy or other utilities during the Term, both Landlord and Tenant shall be bound thereby. In the event of a difference in interpretation by Landlord and Tenant of any such controls, the interpretation of Landlord shall prevail, and Landlord shall have the right to enforce compliance therewith, including the right of entry into the Premises to effect compliance.

  • Electric If Customer has selected an Electricity Fixed Rate on the Application, Customer’s Price will be based on the Fixed Rate(s) which includes Local and State taxes, Gross Receipts Tax (GRT), PJM Adjustment (defined below) charges and adjustments and Utility applied charges and/or fees related to generation, plus the Administration Charge, which includes, Electricity Balancing Amount and third party utility and billing charges. Customer understands and agrees that included in the Administration Charge is the cost of the Energy Balancing Amount (defined below). Customer understands that in order for RITERATE ENERGY to be able to supply Energy to its existing and prospective customers, RITERATE ENERGY enters into supply arrangements to meet the forecasted consumption of its various groups of customers. These forecasts are based on historical data, load shapes and/or estimates. To the extent that actual pooled consumption of RITERATE ENERGY’s Energy customers varies from supply arrangements and/or Customer’s Utility delivery requirements, RITERATE ENERGY incurs a cost in balancing and settling its supply arrangements with such pooled consumption. To ensure a fixed all-inclusive Rate, RITERATE ENERGY has included in the Administration charge, the Energy Balancing Amount, to balance and settle the variance between pooled consumption and supply arrangements (the “Energy Balancing Amount”). In respect of Electricity, Customer understands that there are certain estimated pass through costs, made up of charges to RITERATE ENERGY by the PJM Interconnection (“PJM”) and/or Customer’s Utility, including but not limited to ancillary service charges, the cost of unaccounted for electricity, capacity charges and any replacement or recharacterization of these charges. In this regard, the “PJM Adjustment”, is included in the Fixed Price Rate. Customer acknowledges and agrees that by entering into this Agreement, Customer will not be eligible to receive any net metering credits and other incentives to which Customer would otherwise be entitled. Further, included in the Rate are the amounts charged or billed to RITERATE ENERGY or Customer by Customer’s Utility, the PUC or any other regulatory or government entity, including any taxes, delivery, regulated transmission, regulated distribution, pipeline, compressor fuel, uplift, congestion, locational marginal pricing, invoice market participant, service, billing, or similar or related changes and any, deposits, interest or late payment fees or other amounts in connection with the supply and delivery of Energy to the Premises (collectively, “Regulatory Charges”). Customer agrees to pay the monthly Administration charge for Energy supply (the “Administration” charge).

  • SAFETY AND HEALTH 20.1 The Employer, employee and Union have a significant responsibility for workplace safety and health.

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