Bangor Hydro definition
Examples of Bangor Hydro in a sentence
Emera Maine, a Maine corporation, is the successor to Bangor Hydro Electric Company (“Bangor Hydro”) and Maine Public Service Company (“Maine Public”).
More specifically, Maine Public merged into Bangor Hydro on January 1, 2014, and, on that same day, was renamed Emera Maine.
If the value of Bill Credits exceeds the amount owed on Customer’s Versant Bangor Hydro District bill in any billing period, the excess shall be governed by the Customer’s utility contract with Versant Bangor Hydro District, or applicable law.
Customer’s transmission and distribution utility, Versant Power (“Versant Bangor Hydro District”), will provide a kWh credit on your monthly electricity bill based on your share of the output of the CSG.
The General Partner and the Partnership shall have received written confirmation from CMP or Bangor Hydro, as the case may be, in form and substance satisfactory to the General Partner and the Partnership, that no consent or approval of either of such utilities is required under any of the Power Purchase Agreements with respect to the consummation of the transaction contemplated by this Agreement.
This Agreement and the Power Purchase Agreement, the Waste Disposal Agreements, the Warrants, the Bond Documents, the partnership agreement of the Partnership and the monitoring agreement between the MRC and Bangor Hydro embody the entire agreement and understanding between the parties hereto with respect to the subject matter hereof and thereof.
The Bill Credit amount shall be calculated by Versant Bangor Hydro District by multiplying the BCR by the kilowatt hours (kWhs) produced by the CSG each billing period and by the CSG Percentage Allocation of corresponding Customer.
Bangor Hydro shall pay, by wire transfer or in other immediately available funds, to the Trustee for credit to the Bangor Hydro-Funded Account of the Bond Prepayment and Reserve Fund, the Bangor Hydro Payment, one-half of which is to be designated by Bangor Hydro for credit to the MRC Retention Subaccount and one-half of which is to be designated by Bangor Hydro for credit to the Borrower Retention Subaccount.
System Operators employed as Bangor Hydro System Operators at the time of Union certification shall have their seniority date set as March 28, 2012.
In the event of need for a tie breaker, the employee’s Bangor Hydro company date of hire shall be utilized, or in the case of a tie for a former MPS SO who accepted voluntary transfer, their MPS company date of hire.