Transmission Assets Sample Clauses

Transmission Assets. 1. If and to the extent that on the Closing Date the FERC Order referred to in clause (v) of the definition thereof has not been obtained with respect to the jurisdictional facilities referred to therein (which facilities are identified in Exhibit A as Transmission Assets (the "Transmission Assets")), the Owner Participant shall, upon 5 days prior written notice to the Facility Lessee, and subject to the grant of the aforesaid order, cause the Owner Lessor to acquire an undivided interest equal to the Owner Lessor's Percentage in the Facility Lessee's right, title and interest in the Transmission Assets, for a price equal to $1.00. Upon payment by the Owner Lessor of such amount, the Facility Lessee shall execute and deliver such documentation as is reasonably requested by the Owner Lessor to transfer such undivided interest in the Facility Lessee's right, title and interest in the Transmission Assets to the Owner Lessor. Upon such transfer such Undivided Interest shall be and shall be deemed to be an integral part of the Undivided Interest (to the extent constituting a portion of the Facility) and the Ground Interest (to the extent constituting a portion of the leasehold interest in the Facility Site) for all purposes of the Operative Documents without the necessity of amending or supplementing any Operative Document, subject nevertheless to Section 14.15 hereof. 2. Without limiting Section 10 hereof or Section 4.2 of the Facility Lease, the Facility Lessee agrees that from and after the Closing Date and until the earlier to occur of (A) the transfer referred to in clause (a) above and (B) the termination of the Facility Lease, the Facility Lessee shall make available to the Owner Lessor, for no additional compensation, such rights in the Transmission Assets solely to the extent as shall be necessary so that the representation in Section 3.1(n) will be correct to the same extent as if such transfer had occurred on the Closing Date.
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Transmission Assets. The property and assets shown on Schedule C, together with any future additions to Transmission Assets acquired, constructed, or under construction, after the effective date of this Agreement, comprise the “Transmission Assets.” These assets consist of geographically-located transmission lines and substations, together with the associated property interests identified in Section 4.5, owned, used, or under construction, by TMPA to provide transmission service within ERCOT pursuant to Chapter 35 of the Texas Utility Code.
Transmission Assets. Upon the terms and subject to the conditions contained in this Agreement, at the Closing, Seller shall sell, convey, assign, transfer and deliver to Purchaser, and Purchaser will purchase and acquire from Seller, the following assets, (the “Transmission Assets”): (i) the assets listed on Schedule 2.1; and (ii) the Transmission Real Property.
Transmission Assets. All conditions in Article 9 of the Transmission Assets Purchase and Sale Agreement to the consummation of the "Closing" under, and as such term is defined in, the Transmission Assets Purchase and Sale Agreement shall have been fulfilled or waived as required thereunder, and Transmission Assets Purchaser shall be ready to and shall effect such Closing contemporaneously with the Closing under this Agreement.
Transmission Assets. Subject to the terms and conditions of this Agreement, as of the Operations Date, the Contributor shall assign, transfer, convey and deliver to TRANSLink, as a capital contribution, free and clear of all Encumbrances (other than Permitted Encumbrances), all right, title and interest to the Transmission Assets, in each instance in the manner specified in this Article III.
Transmission Assets. An ownership interest, as specified on Exhibit 1.1(ii) attached hereto, in and to those transmission and distribution lines, interconnections and other components of the system identified on Exhibit 1.1(ii), together with the same ownership interest in and to the real property interests (including, without limitation, any easements, rights-of-way, permits or other equivalent real property usage rights) related thereto (collectively, the "Transmission Assets").
Transmission Assets. Undivided Interest Transmission Asset To Buyer ------------------ --------- Poles and Fixtures ------------------
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Transmission Assets. Between the date of this Agreement and December 31, 2002, the Parties shall cooperate and use Best Efforts to (i) identify facilities and assets owned by Seller as either "transmission" or "distribution" in accordance with the same methodology and underlying principles of the "seven factor test" set forth in FERC Order No. 888 unless modification to such "seven factor test" is agreed upon by the Parties, consistent with the regulations and orders of the FERC, and (ii) prepare a statement setting forth its estimate of the aggregate Net Plant in Service of all of Seller's facilities and assets owned and identified by the Parties as "transmission" (the "Transmission Assets Valuation").

Related to Transmission Assets

  • Transmission encryption All data transmissions of County PHI or PI outside the secure internal network must be encrypted using a FIPS 140-2 certified algorithm which is 128bit or higher, such as AES. Encryption can be end to end at the network level, or the data files containing PHI can be encrypted. This requirement pertains to any type of PHI or PI in motion such as website access, file transfer, and E-Mail.

  • Transmission of business Where a business is transmitted from one employer to another, as set out in clause 4.4 - Redundancy, the period of continuous service that the employee had with the transmittor or any prior transmittor is deemed to be service with the transmittee and taken into account when calculating notice of termination. However, an employee shall not be entitled to notice of termination or payment in lieu of notice for any period of continuous service in respect of which notice has already been given or paid for.

  • No Transmission Delivery Service The execution of this Agreement does not constitute a request for, nor agreement to provide, any Transmission Service under the NYISO OATT, and does not convey any right to deliver electricity to any specific customer or Point of Delivery. If Developer wishes to obtain Transmission Service on the New York State Transmission System, then Developer must request such Transmission Service in accordance with the provisions of the NYISO OATT.

  • Transmission Charge The cost for transporting electricity from the generation source to your electric distribution company. For most electric customers who select a new supplier, transmission costs will be included in the charges from your new supplier. The Federal Energy Regulatory Commission regulates retail transmission prices and services. This charge will vary with your source of supply.

  • Loop Transmission Types 3.1 Subject to the conditions set forth in Section 1 of this Attachment, Verizon shall allow CBB to access Loops unbundled from local switching and local transport, in accordance with this Section 3 and the rates and charges provided in the Pricing Attachment. Verizon shall allow CBB access to Loops in accordance with, but only to extent required by, Applicable Law. The available Loop types are as set forth below:

  • Transmission Credits No later than thirty (30) days prior to the Commercial Operation Date, the Interconnection Customer may make a one-time election by written notice to the CAISO and the Participating TO to receive Congestion Revenue Rights as defined in and as available under the CAISO Tariff at the time of the election in accordance with the CAISO Tariff, in lieu of a refund of the cost of Network Upgrades in accordance with Article 11.4.1.

  • Data Transmission The procedures for transmitting load obligation data to PJM for DS Supplier’s DS Load shall be as set forth by PJM.

  • Other Transmission Rights Notwithstanding any other provision of this Agreement, nothing herein shall be construed as relinquishing or foreclosing any rights, including but not limited to firm transmission rights, capacity rights, or transmission congestion rights that the Developer shall be entitled to, now or in the future under any other agreement or tariff as a result of, or otherwise associated with, the transmission capacity, if any, created by the System Upgrade Facilities and System Deliverability Upgrades.

  • Connecting Transmission Owner Obligations Connecting Transmission Owner shall maintain its transmission facilities and Attachment Facilities in a safe and reliable manner and in accordance with this Agreement.

  • Transmission Delivery Service Implications Under ER Interconnection Service, Interconnection Customer will be eligible to inject power from the Generating Facility into and deliver power across the Transmission System on an “as available” basis up to the amount of MW identified in the applicable stability and steady state studies to the extent the upgrades initially required to qualify for ER Interconnection Service have been constructed. After that date FERC makes effective MISO’s Energy Market Tariff filed in Docket No. ER04-691-000, Interconnection Customer may place a bid to sell into the market up to the maximum identified Generating Facility output, subject to any conditions specified in the Interconnection Service approval, and the Generating Facility will be dispatched to the extent the Interconnection Customer’s bid clears. In all other instances, no transmission or other delivery service from the Generating Facility is assured, but Interconnection Customer may obtain Point-To-Point Transmission Service, Network Integration Transmission Service or be used for secondary network transmission service, pursuant to the Tariff, up to the maximum output identified in the stability and steady state studies. In those instances, in order for Interconnection Customer to obtain the right to deliver or inject energy beyond the Point of Interconnection or to improve its ability to do so, transmission delivery service must be obtained pursuant to the provisions of the Tariff. The Interconnection Customer’s ability to inject its Generating Facility output beyond the Point of Interconnection, therefore, will depend on the existing capacity of the Transmission or Distribution System as applicable, at such time as a Transmission Service request is made that would accommodate such delivery. The provision of Firm Point-To-Point Transmission Service or Network Integration Transmission Service may require the construction of additional Network or Distribution Upgrades.

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