Participant Purchases Pursuant to Firm Contracts and System Contracts Sample Clauses

Participant Purchases Pursuant to Firm Contracts and System Contracts. (a) A Participant may undertake to transfer all or select portions of its settlement rights and obligations under this Agreement to or from another Participant with respect to any of the NEPOOL markets pursuant to a Bilateral Transaction. Such transfer of settlement rights and obligations under this Agreement shall be as agreed to between the two parties to the Bilateral Transaction and shall be submitted to the System Operator in accordance with the Market Rules. If and to the extent necessary to implement the agreement between the parties, such Market Rules, upon approval by the Participants Committee, shall supersede the provisions of the Agreement that otherwise apply for determination of the respective settlement rights and obligations of the parties.
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Participant Purchases Pursuant to Firm Contracts and System Contracts. (a) For Firm Contracts and System Contracts, the treatment of Installed Capability, Operable Capability, Energy, Operating Reserve and AGC between the seller and the purchaser in determining their respective responsibilities and Entitlements shall be as agreed between the parties and reported to the System Operator in accordance with market operation rules approved by the Regional Market Operations Committee. If and to the extent necessary to implement the agreement between the parties, such market operation rules, upon approval by the Management Committee, shall supersede the provisions of the Agreement that otherwise apply for determination of the respective responsibilities and Entitlements of the parties.
Sample 1Sample 2
Participant Purchases Pursuant to Firm Contracts and System Contracts. (a) For Firm Contracts and System Contracts, the treatment of Installed Capability, Operable Capability, Energy, Operating Reserve and AGC between the seller and the purchaser in determining their respective responsibilities and Entitlements shall be as agreed between the parties and reported to the System Operator in accordance with market operation rules approved by the Regional
Sample 1
Participant Purchases Pursuant to Firm Contracts and System Contracts. (a) For Firm Contracts and System Contracts, the treatment of Installed Capability, Energy, Operating Reserve and AGC between the seller and the purchaser in determining their respective responsibilities and Entitlements shall be as agreed between the parties and reported to the System Operator in accordance with market operation rules approved by the Markets Committee prior to the activation of the Participants Committee or the Participants Committee thereafter. If and to the extent necessary to implement the agreement between the parties, such market operation rules, upon approval by the Participants Committee, shall supersede the provisions of the Agreement that otherwise apply for determination of the respective responsibilities and Entitlements of the parties.
Sample 1

Related to Participant Purchases Pursuant to Firm Contracts and System Contracts

  • Customer Contracts Promptly after any Loan Party becoming aware of the same, the Borrower shall give the Administrative Agent written notice of any cancellation, termination or loss of any material Contractual Obligation or other customer arrangement.

  • ASSIGNMENT AND SUB-CONTRACTING 10.01 Except as provided in Section 10.03 below, neither this Agreement nor any rights or obligations hereunder may be assigned by either party without the written consent of the other party.

  • Company Contracts To indemnify the Indemnitee with respect to any Claim related to any dispute or breach arising under any contract or similar obligation between the Company and the Indemnitee.

  • Advertising Contracts Section 2(s) of the Disclosure Schedule lists all arrangements for the sale of air time or advertising on the Stations in excess of $1000, and the amount to be paid to the Seller therefor. The Seller has no reason to believe and has not received a notice or indication of the intention of any of the advertisers or third parties to material contracts of the Seller to cease doing business or to reduce in any material respect the business transacted with the Seller or to terminate or modify any agreements with the Seller (whether as a result of consummation of the transactions contemplated hereby or otherwise).

  • Vendor Contracts (a) THIRD-PARTY ASO CONTRACTS.

  • Operating Contracts Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

  • Sub-Contracting JHSS may subcontract for the performance hereof, provided, however, that (a) upon engagement of any such subcontractor, and at least annually thereafter, JHSS discloses to the Board the financial terms of such subcontract and a summary of the services provided to the Fund pursuant to such subcontract, and (b) JHSS shall be as fully responsible to the Fund for any acts or omissions of any such subcontractor as JHSS is for its own acts and omissions.

  • Seller Contracts All contracts and agreements, other than ---------------- Governmental Permits and those relating to Real Property, pertaining to the ownership, operation and maintenance of the Assets or the Business or used or held for use in the Business, as described on SCHEDULE 5.6 or, in the case of contracts and agreements relating to Real Property, on SCHEDULE 5.7.

  • Existing Contracts Attached as Exhibit K is a true, correct and complete schedule of all Existing Contracts. Seller has not received any currently effective notice in writing of any uncured material default under any of such Existing Contracts and, to Seller’s knowledge, Seller is not in default under any such Existing Contracts. Seller is not a party to, and, to Seller's knowledge, the Property is not subject to, any contract or agreement of any kind whatsoever, written or oral, with respect to the Property that would be binding upon the Property or Buyer after Closing, other than the Permitted Exceptions, the Leases, and the Approved Contracts.

  • New Contracts During the pendency of this Agreement, Seller will not enter into any contract, or modify, amend, renew or extend any existing contract, that will be an obligation affecting the Property or any part thereof subsequent to the Closing without Purchaser’s prior written consent in each instance (which Purchaser agrees not to withhold or delay unreasonably), except contracts entered into in the ordinary course of business that are terminable without cause (and without penalty or premium) on 30 days (or less) notice.

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