Additional Energy definition
Examples of Additional Energy in a sentence
This Agreement is solely for the benefit of the parties hereto, the holders of the Initial Energy Transition Bonds, the holders of the Additional Energy Transition Bonds and the Receivables Purchasers, and no other person or entity shall have any rights, benefits, priority or interest under or because of the existence of this Agreement.
This Agreement shall terminate upon such time that at least two of the following have occurred: (a) the payment in full of the Initial Energy Transition Bonds, (b) the payment in full of the Additional Energy Transition Bonds, and (c) the termination of the Receivables Agreements as to the Company and the release of the Company from all further obligations thereunder, except that the understandings and acknowledgements contained in Sections 1, 2, 3 and 15 shall survive the termination of this Agreement.
Each of the parties hereto hereby acknowledges the ownership interest of the Additional Bond Issuer in the Additional Customer Property, including the Additional Customer Charges and the revenues, collections, claims, rights, payments, money and proceeds arising therefrom, and the security interests granted therein in favor of the Additional Bond Trustee for the benefit of itself and the holders of the Additional Energy Transition Bonds.
It is further expressly recognized that the terms set out in this section 3 shall apply to any power made available to USEC as Additional Energy in accordance with section 2.2(e) of the Power Contract.
Effective as of the date first above written (Effective Date), section 2.1 of the Power Contract is hereby replaced with the following: “This Contract shall become effective as of the date first above written and shall continue in effect through September 30, 2013; provided, however, that, subject to the last sentence of this section, this Contract may be terminated by either Party upon completion of all transactions for Additional Energy entered into pursuant to section 2.2(e) of this Contract.
It is expressly recognized that in determining whether either party shall be entitled to terminate the Power Contract as provided in Section 2 of this agreement, a discontinuance of supply in accordance with this section 3 shall not be considered a completion of any transaction for Additional Energy that has been entered into pursuant to section 2.2(e) of the Power Contract.
The prior year’s information will be published electronically by the end of the summer quarter.
The rate of delivery for any hour may be increased by mutual agreement of the system dispatchers to provide deliveries of additional energy ("Additional Energy") to El Paso by New Mexico.
Seller shall deliver to and Buyer shall receive the Available Energy and Additional Energy at the Delivery Point (or in the case of Replacement Energy, the Buyer's point of delivery of such Replacement Energy as provided in Section 3(b)) if timely called for and scheduled by Buyer, unless performance is excused by Uncontrollable Forces, Unit Forced Outage, or by the terms of the type of energy provided.
Any shortfall in excess of the amount of Additional Energy scheduled by Central ▇▇▇▇▇▇ shall be considered a shortfall in the amount of Fixed Energy delivered to Central ▇▇▇▇▇▇.