MMC Bilateral Transactions Sample Clauses

MMC Bilateral Transactions. In the event that MMC directly and independently enters into a bilateral Power or Capacity transaction between MMC and a Third Party (an “MMC Bilateral Transaction”), Energy Manager shall coordinate the dispatch of Power in connection with such bilateral transaction and may, at its discretion, elect to provide Gas Management Services in connection with such bilateral transaction and in the same manner and scope contemplated under this Agreement; provided, however, that promptly upon execution of a bilateral transaction with a Third Party, MMC shall furnish Energy Manager with: (i) copies of documentation implementing such bilateral transaction; and (ii) written authority for Energy Manager to act on MMC’s behalf in connection with such transaction; and provided, further, that the Parties have reached agreement on the fee, if any, due to Energy Manager for the provision of such additional services.
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MMC Bilateral Transactions. In the event that MMC receives an offer for a bilateral Power or Capacity transaction from a Third Party, it shall provide Energy Manager with sufficient information regarding such offer, including any and all written terms and prices, and shall provide Energy Manager with at least [***] to respond with an offer which is at least equivalent to such Third Party offer. If Energy Manager does not respond or rejects such right of first refusal from MMC, MMC may directly and independently enter into such bilateral Power or Capacity transaction (an “MMC Bilateral Transaction”), Energy Manager shall coordinate the dispatch of Power in connection with such bilateral transaction and may, at its discretion, elect to provide Gas Management Services in connection with such bilateral transaction and in the same manner and scope contemplated under this Agreement; provided, however, that promptly upon execution of a bilateral transaction with a Third Party, MMC shall furnish Energy Manager with: copies of documentation implementing such bilateral transaction; and provided, further, that (x) any Power Revenues and Gas Revenues shall be included in the calculation of Total Gross Margin for such month and (y) the Parties have reached agreement on the fee, if any, due to Energy Manager for the provision of such additional services.

Related to MMC Bilateral Transactions

  • Manual Transactions If there are technical problems with Fund/SERV, or if the parties are not able to transmit or receive information through Fund/SERV, any corrections to the fund prices should be communicated by facsimile or by electronic transmission acceptable to Transfer Agent, and will include for each day on which an adjustment has occurred the incorrect Fund price, the correct price, and, to the extent communicated to the applicable Fund’s shareholders, the reason for the adjustment. Funds and Transfer Agent agree that the Insurance Company may send this notification or a derivation thereof (so long as such derivation is approved in advance by Funds or AFD, as applicable) to Contractholders whose accounts are affected by the adjustment.

  • Unusual Transactions All Accounts have been originated by the Grantors and all Inventory has been acquired by the Grantors in the ordinary course of business.

  • Material Transactions Not enter into any transaction material in nature or amount without the prior written consent of Buyer, except for transactions in the ordinary course of business;

  • Principal Transactions In connection with purchases or sales of securities for the account of a Fund, neither the Adviser nor any of its directors, officers or employees will act as a principal or agent or receive any commission except as permitted by the 1940 Act.

  • Non-Arm’s Length Transactions Except in respect of transactions between or among the Borrower and/or one or more of its Wholly-Owned Subsidiaries, the Borrower shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or transaction whatsoever, including for the sale, purchase, lease or other dealing in any property or the provision of any services (other than office and administration services provided in the ordinary course of business), with any Related Party except upon fair and reasonable terms, which terms are not less favourable to the Borrower or its Subsidiaries than it would obtain in an arm’s length transaction and, if applicable, for consideration which equals the fair market value of such property or other than at a fair market rental as regards leased property.

  • Initial Transaction As conditions precedent to the initial Transaction, Buyer shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Buyer and duly executed by Seller, Guarantor and each other party thereto:

  • Arm’s Length Transactions During the term of this Agreement, all transactions and dealings between the Trust Depositor and its Affiliates will be conducted on an arm’s-length basis.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Additional Transactions The exercise or non-exercise of the rights of a Stockholder under this Agreement to participate in one or more sales of Stock made by the Seller shall not adversely affect their rights to participate in subsequent sales by a Seller.

  • Transaction Financing The Company shall use its reasonable best efforts to take, or cause to be taken, all actions, and do, or cause to be done, and to assist and cooperate with the other parties in doing, all things necessary, proper or advisable to obtain a commitment letter (the “Transaction Financing Commitment Letter”), from a reputable financial institution to provide financing for the Merger and the transactions contemplated hereby on commercially reasonable terms and conditions.

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