Power Sales Agreement Sample Clauses

Power Sales Agreement. As soon as practicable following --------------------- the date hereof, the POLR Supplier shall execute an amendment to the Power Sales Agreement that deletes therefrom the second sentence of Section 2.1
AutoNDA by SimpleDocs
Power Sales Agreement. As soon as practicable --------------------- following the date hereof, DLC shall execute an amendment to the Power Sales Agreement that deletes therefrom the second sentence of Section 2.1 of the Power Sales Agreement.
Power Sales Agreement. (a) The Company shall not, without the consent of the County, which consent will not be unreasonably withheld, amend the Power Sales Agreement. Should the Company propose to amend the Power Sales Agreement in any manner which would have the effect, if applied to the quantities of electric energy actually sold over the previous twelve (12) Billing Periods, of reducing the Energy Credit or the Capacity Payment for such Billing Periods, the County may withhold its consent if it, in its sole discretion, determines the amendment has an overall negative material effect on the value of this Agreement to the County. (b) The Company shall not, without the County’s prior written consent, sell or use steam generated from the processing of Acceptable Waste other than for the production of electricity or for the processing of residue to reduce the volume of residue which, after processing, is delivered to the Landfill. The parties intend that prior to the County’s consenting to the steam sales, a mutually agreeable revenue sharing formula shall be developed. If the steam is used in the processing of residue in a manner that reduces electrical generation by the Facility, the electrical power equivalent of the steam that is so used shall be determined, in kWh per ton, by using standard engineering calculations and methodology and the County shall be entitled to receive its proportionate share of the energy revenues that it otherwise would have received hereunder had such steam instead been used to produce electricity. For purpose of this Section, the sale or use of hot water or other forms of thermal energy shall be considered the same as the sale of steam.
Power Sales Agreement. In order to ensure the proper operation of the hydropower generation facility to be constructed under Part B(2) of the Project, HXNCDC shall undertake to take all measures required on its part to enter into an agreement, not later than March 1, 1998 with Hunan Province, represented by the Hunan Province Electricity Bureau, whereby HXNCDC shall undertake to sell to Hunan Province and Hunan Province shall undertake to purchase from HXNCDC and distribute all electricity generated by said facility under terms and conditions which shall be acceptable to the Bank, and which shall be based on the following principles: (a) the structure of the prices of such electricity payable by Hunan Province shall be designed to ensure an efficient supply of power from said hydropower generation facility and to minimize the financial risk to HXNCDC of reduced supplies of electricity caused by low-flow hydrological conditions; (b) the price of such electricity shall be set initially at, and thereafter periodically adjusted to, levels designed to ensure that HXNCDC shall earn, for each of its fiscal years after its fiscal year ending on December 31, 1999, a financial internal rate of return on the operations of said hydropower generation facility, of not less than 10%; and (c) the responsibilities for the operation of said hydropower generation facility and related dam, and for the distribution of such electricity shall be allocated between HXNCDC and Hunan Province in such manner as to maximize the benefits of said facility.
Power Sales Agreement. The agreement or agreements which will provide for SCPPA’s ownership, interest, rights or entitlements or other form of participation in a proposed SCPPA generation project and the respective rights and obligations of the parties with respect to such project. As determined by the Board of Directors and the participants in the proposed project, the Power Sales Agreements may provide, among other things, for the procurement, acquisition, financing, construction, operation, maintenance or decommissioning of the project.
Power Sales Agreement. The Ormat Northern Nevada Geothermal Portfolio Power Sales Agreement, dated for convenience as of , 2016 as the same may hereafter be amended from time to time, entered into by SCPPA and Purchaser.
Power Sales Agreement. This First Amendment to the Antelope Big Sky Ranch Solar Project Power Sales Agreement (“Amendment”), is made and entered into as of this day of _ , 2014, by and between the SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (“SCPPA”), a joint powers agency and a public entity organized under the laws of the State of California, and the CITY OF AZUSA (“Azusa”), California, a municipal corporation organized and existing under the laws of the State of California.
AutoNDA by SimpleDocs

Related to Power Sales Agreement

  • Sales Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • The Sales Agreement This Agreement has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company, enforceable in accordance with its terms, except as rights to indemnification hereunder may be limited by applicable law and except as the enforcement hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles.

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

  • Operating Partnership Agreement The Operating Partnership Agreement, in substantially the form attached hereto as Exhibit B, shall have been executed and delivered by the partners of the Operating Partnership and shall be in full force and effect and, except as contemplated by Section 2.03 or the other Formation Transaction Documents, shall not have been amended or modified.

  • No Other Sales Agency Agreement The Company has not entered into any other sales agency agreements or other similar arrangements with any agent or any other representative in respect of at the market offerings of the Shares.

  • Operating Agreement The Borrower will not amend, modify, waive or terminate any provision of its operating agreement without the prior written consent of the Administrative Agent.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Fifth Amended and Restated Limited Liability Company Operating Agreement Dated as of November 30, 2012

  • Student Agreement It is important that I work to the best of my ability. Therefore, I shall strive to do the following:

  • Supply Agreements For a period of three years from the consummation of the IPO, Odetics shall not unilaterally terminate or assign its guarantee obligation with respect to any supply agreement pursuant to which it has guaranteed the performance by ATL of ATL's obligations, unless such suppliers have consented to the termination or assignment of such guarantee.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!