Performance of Regulatory Obligations Sample Clauses

Performance of Regulatory Obligations. The Company shall comply with existing transmission operation and planning obligations of an Owner, imposed by federal or state laws or regulatory authorities, which can no longer be performed solely by the Owner following transfer of functional control of its transmission facilities to the Company, until such time as such obligations are changed or revised.
Sample 1
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Performance of Regulatory Obligations. Michigan Transco shall comply with transmission operation and planning obligations of Consumers imposed by federal or state laws or Regulatory Authorities, as of the effective date of this Agreement, which can no longer be performed solely by Consumers following transfer of ownership and control of their Transmission Facilities to Michigan Transco, until such time as such obligations are changed or revised to relieve Consumers or Michigan Transco in whole or in part of such obligations.
Sample 1
Performance of Regulatory Obligations. ATSI shall comply with transmission operation and planning obligations of the FirstEnergy Operating Companies imposed by federal or state laws or Regulatory Authorities, as of the Effective Date of this Agreement, including all transmission related obligations adopted by FERC in OHIO EDISON, ET AL., 81 FERC section 61,110 (1997), and license conditions imposed by the Nuclear Regulatory Commission or its predecessor, which can no longer be performed solely by the FirstEnergy Operating Companies following transfer of ownership and control of their Transmission Facilities to ATSI, until such time as such obligations are changed or revised to relieve the FirstEnergy Operating Companies or ATSI in whole or in part of such obligations.
Sample 1
Performance of Regulatory Obligations. Transco shall comply with ------------------------------------- existing transmission, reporting, operating, filing, and planning obligations of the Transmission Owner that are imposed by federal or state laws or regulatory authorities which can no longer be performed solely by the Transmission Owner following transfer of Functional Control of the Transferred Facilities to Transco.
Sample 1

Related to Performance of Regulatory Obligations

  • Performance of Obligations The Company shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by it on or before the Closing.

  • Performance of Replacements (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

  • Performance of Obligations of Buyer Buyer shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the Closing Date.

  • Performance of Obligations of Company Company shall have performed and complied with all of its obligations under this Agreement in all material respects at or prior to the Closing Date, and Buyer shall have received a certificate, dated the Closing Date, signed on behalf of Company by the Chief Financial Officer and Chief Operating Officer of Company to such effect.

  • Performance of Obligations of Parent Parent shall have performed or complied with all agreements and covenants required to be performed by it under this Agreement at or prior to the Closing Date that are qualified as to materiality or Material Adverse Effect and shall have performed or complied in all material respects with all other obligations required to be performed by it under this Agreement at or prior to the Closing Date.

  • Performance of Reviews The RIRs shall send a request for review to the Operator per email, where they shall specify the areas they request a review for. The Operator must comply with the request by providing the requested information within working days. The review may include an onsite inspection. In this case the RIRs and the Operator must agree on a specific date for the inspection to take place, which may not be later than sixty calendar days from the date of the request.

  • Performance and Compliance Purchaser shall have performed all of the covenants and complied, in all material respects, with all the provisions required by this Agreement to be performed or complied with by it on or before the Closing.

  • Performance of Obligations of the Company The Company shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the Closing Date, and Parent shall have received a certificate signed on behalf of the Company by the chief executive officer and the chief financial officer of the Company to such effect.

  • Performance of Obligations of Seller Seller shall have performed or complied in all material respects with all obligations and covenants required by this Agreement to be performed or complied with by Seller by the time of the Closing.

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

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