Power Agreement Sample Clauses

Power Agreement. Promptly after Closing, OC shall use its reasonable best efforts, and VENA and its Affiliates shall cooperate with OC, to cause Vitro to be removed from the Parent Guaranty dated as of December 15, 1999 (the "Parent Guaranty"), made by Vitro in favor of Enron Energia Industrial de Mexico, S. de R. L. de C.V. ("Enron Energia"), to the extent that the Parent Guaxxxxx pertains to the performance of Company and the Subsidiaries of their respective obligations (the "Vitro Guaranty") under the Amended and Restated Agreement for Provision of Electrical Power Generation Capacity and Associated Electrical Energy dated as of December 15, 1999 (the "Power Agreement"), among Enron Energia, Vitro Corporativo, S.A. de C.V. and certain other subsidiaries of Vitro. Such reasonable best efforts shall include the execution of a replacement guaranty by OC, the terms of which are substantially similar to the terms of the Parent Guaranty, but shall not include the payment or delivery by OC or any Affiliate of OC of cash or other consideration, other than delivery of the replacement guaranty referenced above. To the extent such removal has at any time after the Closing not been caused, OC shall, upon the reasonable request of Vitro, (i) resume or continue the use of its reasonable best efforts to cause such removal and (ii) execute a guaranty reasonably acceptable to both OC and Tractabel Energia relating to performance by Company and the Subsidiaries of their obligations under the Power Agreement. OC agrees to indemnify, defend and hold harmless Vitro and its Affiliates from and against all Claims (as hereinafter defined) asserted against, resulting to, imposed upon, or incurred by Vitro or its Affiliates by reason of, arising out of or resulting from the Vitro Guaranty remaining outstanding after the Closing to the extent, but only to the extent, Company or any of the Subsidiaries fails, or is alleged to have failed, to perform their obligations under the Power Agreement arising after the Closing.
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Power Agreement. 4 Section 1.24 Profits and Losses ................................... 5 Section 1.25 Property ............................................. 5 Section 1.26 Reserves ............................................. 5 Section 1.27 Subscription Agreement ............................... 6 Section 1.28 Substituted Limited Partner .......................... 6 Section 1.29 Treasury Regulations ................................. 6 Section 1.30 Turbine(s) ........................................... 6 Section 1.31 Unit ................................................. 6 Section 1.32
Power Agreement. That certain Agreement dated as of September 1, 2009 by and between Borrower and Grizzly Ventures LLC (and acknowledged by Dominion Virginia Power) with respect to certain electrical power sharing arrangements and the facilities relating thereto.
Power Agreement. Borrower shall not, nor shall Borrower permit any party to, amend, supplement, modify, terminate or cancel the Power Agreement, without the prior written consent of Required Lenders.
Power Agreement. The Power Purchase and Operating Agreement dated as of July 13, 1990 between SEI Birchwood, Inc. and Virginia Electric and Power Company, including all appendices and all amendments thereto that may be made from time to time. Prime Rate. The rate announced publicly from time to time by Citibank, N.A., New York, New York as its prime rate.
Power Agreement. 5 Section 1.26 Profits and Losses . . . . . . . . . . . . . . . . . . . 5 Section 1.27 Property . . . . . . . . . . . . . . . . . . . . . . . . 5 Section 1.28 Regular Limited Partner . . . . . . . . . . . . . . . . 6 Section 1.29 Regular Unit . . . . . . . . . . . . . . . . . . . . . . 6 Section 1.30 Reserves . . . . . . . . . . . . . . . . . . . . . . . . 6 Section 1.31 Special Limited Partner . . . . . . . . . . . . . . . . . 6 Section 1.32

Related to Power Agreement

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.

  • Exclusive Agreement; Amendment This Agreement supersedes all prior agreements or understandings among the parties with respect to its subject matter with respect thereto and cannot be changed or terminated orally.

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity. 4.1.2.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement. 4.1.2.3 This Framework Agreement does not guarantee the contractor of being called for a contract to start and no commitment is made with regard to possible number of packages to carry out. 4.1.2.4 This Framework Agreement does exclude the Procuring Entity from the right to procure the same Works from other firms. 4.1.2.5 This Framework Agreement does not stop the Procuring Entity from removing the contractor from the same Agreement. 4.1.2.6 FAs shall be established for a maximum period of three (3) years. The Procuring Entity may with the Consent of the Contractor extend this Agreement if the agreement period is less than three (3) years, if the initial engagement has been satisfactory. 4.1.2.7 Call-off Contracts; for work on a package to start, the Procuring Entity shall issue a notice of acceptance of a particular package requesting the contractor to furnish a Performance Security and to start the works thereafter, and providing the contractor with details of location where the works, are to be carried out. The call-off statement shall specify the objectives, tasks, deliverables, timeframes and price or price mechanism. The price for individual call-off contracts shall be based on the prices detailed in the Framework Agreement.

  • Interconnection Agreement Seller shall comply with the terms and conditions of the Interconnection Agreement.

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Assignment Entire Agreement Amendment This Agreement may be assigned only by Employer, and is freely assignable by Employer. This Agreement constitutes the entire agreement between the parties concerning the subject matter of this Agreement and supersedes all prior understandings, communications and agreements concerning such subject matter; provided that, to the extent there is any conflict between this Agreement and any stock option grant agreement or plan, the provisions of this Agreement shall control. Neither this Agreement, nor any of its terms, can be changed, added to, waived or supplemented except in a written document signed by Executive and Employer, except that Employer may adopt or change any vacation, benefit, rules or other policy generally applicable to employees or a group or class of employees in its discretion.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Arrangement Agreement This Plan of Arrangement is made pursuant to, and is subject to the provisions of, the Arrangement Agreement, except in respect of the sequence of the steps comprising the Arrangement, which shall occur in the order set forth herein.

  • Support Agreement CFSC will not terminate, or make any amendment or modification to, the Support Agreement which, in the determination of the Agent, adversely affects the Banks’ interests pursuant to this Agreement, without giving the Agent and the Banks at least thirty (30) days prior written notice and obtaining the written consent of the Majority Banks.

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