Transmission Rate Zone Size Sample Clauses

Transmission Rate Zone Size. For purposes of developing rates for service under the PJM Tariff, transmission rate zones smaller than those shown in Attachment J to the PJM Tariff that are within the PJM South Region, or subzones of those zones, shall not be permitted within the boundaries of the PJM South Region; provided, however, that additional zones may be established if the boundaries of the PJM South Region are expanded to accommodate new parties to this Agreement.
AutoNDA by SimpleDocs

Related to Transmission Rate Zone Size

  • Market disruption; non-availability 3.6.1 If and whenever, at any time prior to the commencement of any Interest Period:

  • Method of Giving Consent Any consent of a member required by this Agreement may be given by a written consent.

  • Laws Affecting LIBOR Rate Availability If, after the date hereof, the introduction of, or any change in, any Applicable Law or any change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any of the Lenders (or any of their respective Lending Offices) with any request or directive (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency, shall make it unlawful or impossible for any of the Lenders (or any of their respective Lending Offices) to honor its obligations hereunder to make or maintain any LIBOR Rate Loan, such Lender shall promptly give notice thereof to the Administrative Agent and the Administrative Agent shall promptly give notice to the Borrower and the other Lenders. Thereafter, until the Administrative Agent notifies the Borrower that such circumstances no longer exist, (i) the obligations of the Lenders to make LIBOR Rate Loans and the right of the Borrower to convert any Loan or continue any Loan as a LIBOR Rate Loan shall be suspended and thereafter the Borrower may select only Base Rate Loans hereunder, and (ii) if any of the Lenders may not lawfully continue to maintain a LIBOR Rate Loan to the end of the then current Interest Period applicable thereto as a LIBOR Rate Loan, the applicable LIBOR Rate Loan shall immediately be converted to a Base Rate Loan for the remainder of such Interest Period.

Time is Money Join Law Insider Premium to draft better contracts faster.