Operation Covenants Sample Clauses

Operation Covenants. (a) The Generator agrees to operate and maintain each of the Units using Good Engineering Practices such that the requirements of the Transmission System Code, the Connection Agreements and all other Laws and Regulations are met in all material respects. The Generator’s obligations with respect to a Unit under this Section 2.12 shall end upon the termination of this Agreement, the termination of this Agreement in respect of such Unit or at the time such Unit is Permanently Decommissioned or Effectively Decommissioned, whichever shall occur first.
AutoNDA by SimpleDocs
Operation Covenants. (a) The Generator shall own or lease the Facility during the Term; provided that the Generator shall at all times during the Term own the Generating Equipment.
Operation Covenants. (a) The Supplier agrees to own the Facility during the Term and to operate and maintain the Facility during the Term using Good Engineering and Operating Practices, and meeting all applicable requirements of the IESO Market Rules, the Transmission System Code, the Connection Agreement and all other Laws and Regulations. For certainty, the Parties acknowledge that the Buyer is not purchasing from the Supplier, nor is the Supplier selling to the Buyer, any Electricity or Related Products.
Operation Covenants. (1) The Participant shall own (if the Participant is a Direct Participant) or have Enforceable Rights to (if the Participant is an Aggregator) the Control Equipment, including, if applicable, any Behind the Meter Generation, and shall operate and maintain the Control Equipment and implement the DR Measures for the Project during its respective Schedule Term in accordance with Good Engineering and Operating Practices such that the requirements of the Measurement & Verification Plan and the applicable Market Rules are met, and meeting all applicable requirements of the Transmission System Code, the Distribution System Code, and all other Laws and Regulations.
Operation Covenants. (a) The Supplier agrees to own the Control Equipment, including a generator if applicable, and to operate and maintain the Control Equipment during the Term such that the requirements of the Measurement and Verification Plan, the applicable IMO Market Rules, and other requirements as set out in Section 14.3 are met and in accordance with Good Engineering and Operating Practices, and meeting all applicable requirements of the Transmission System Code, the Distribution System Code, and all other Laws and Regulations. In the event that the IMO Market Rules are not applicable to the Supplier because the Supplier is not a “market participantpursuant to the IMO Market Rules, then the Supplier shall be required to meet the requirements of the IMO Market Rules with respect to the DR Project to the same extent and standards as would have been required if the Supplier were governed by the IMO Market Rules with respect to the DR Project.
Operation Covenants. (a) BALP agrees to operate and maintain each of the Xxxxx A Units using Good Engineering Practices such that the requirements of the Transmission System Code, the Connection Agreements and all other Laws and Regulations are met in all material respects. BALP’s obligations with respect to a Xxxxx A Unit under this Section 2.9 shall commence on the Commencement Date for each of Unit 3 and Unit 4 (but without in any way limiting the right and obligation of BALP to Refurbish each of Unit 3 and Unit 4), and from the Commercial Operation Date for each of Unit 1 and Unit 2, and shall end upon the termination of this Agreement or at the time such Unit is Permanently Decommissioned or Effectively Decommissioned, whichever shall occur first.
AutoNDA by SimpleDocs
Operation Covenants. At any time the Property is being operated as a hotel, the following covenants in shall apply:
Operation Covenants. (a) The Supplier agrees to own the Contract Facility during the Term and to operate and maintain the Contract Facility during the Term using Good Engineering and Operating Practices, and meeting all applicable requirements of the IMO Market Rules, the Transmission System Code, the Distribution System Code, the Connection Agreement, and all other Laws and Regulations. In the event that the IMO Market Rules are not applicable to the Supplier because the Contract Facility is connected directly to an End-User Load and the Supplier is not a “market participantpursuant to the IMO Market Rules, then the Supplier shall be required to meet the requirements of the IMO Market Rules to the same extent and standards as would have been required as if the Contract Facility were connecting to a Transmission System or a Local Distribution System, as the case may be, and as if the Contract Facility and the Supplier were governed by the IMO Market Rules.
Time is Money Join Law Insider Premium to draft better contracts faster.