Bayonne Facility definition

Bayonne Facility means the tank terminal facility located at Bayonne, New Jersey, and all appurtenant property owned or leased at that location by IMTT, BI, or any Affiliates thereof.
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Bayonne Facility means the gas-fired combined cycle power plant and all appurtenant structures and equipment that, Bayonne owns/leases, operates and maintains, for the purpose of generating electricity, steam and/or other forms of useful thermal energy output. "Blended Locational Marginal Price" for any hour equals (1) until and including October 31, 2008, 78% of the real-time locational marginal price at the Camden Delivery Point for the hour plus 22% of the real-time locational marginal price at the Bayonne Delivery Point for the hour and (2) thereafter the real-time locational marginal price at the Camden Delivery Point for the hour.
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Bayonne Facility means the 176 MW base load, gas-fired, combined-cycle cogeneration facility located inside the IMTT facility in Bayonne, New Jersey.
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Examples of Bayonne Facility in a sentence

  • Should the Lessee's operation and maintenance of the Cogeneration Facility be conducted in an unsafe manner so as to render the Lessor unable to secure insurance on its Bayonne Facility, then Lessee hereby grants to Lessor the right to require Lessee, upon written notice from Lessor, to immediately take such action as is necessary to operate and maintain the Cogeneration Facility in a safe manner.

  • Should any installation made or action taken by Lessee, whether authorized or unauthorized under this Lease Agreement, increase the premium of any of Lessor's insurance policies on its Bayonne Facility or the insurance required hereunder, then Lessee is obligated to pay such increased premiums on Lessor's insurance policies.

  • Except with regard to the permitted uses under Article 5.1, Lessee shall put nothing on the Demised Premises nor undertake any activity which would forfeit Lessor's insurance on its Bayonne Facility or the insurance required hereunder.

  • The closing of the reconveyance of the Assets shall be held on the fifteenth (15th) business day after the giving of notice referred to in Article 6.1 at 10:00 a.m. at the Bayonne Facility.

  • The closing of the sale of the Steam Producing Facilities shall take place on the effective date of the termination of the Steam Sale Agreement at 10:00 a.m. at the Bayonne Facility; provided, however, that if the Option has been exercised pursuant to Article 2.1C (ii) (a) or 2.2C(ii), the closing of the sale of the Steam Producing Facilities shall take place on the next business day following the service of notice of the exercise of the option at 10:00 a.m. at the Bayonne Facility.

  • Should the Lessee's occupancy or business render the Lessor unable to secure insurance on its Bayonne Facility, then Lessee hereby grants to Lessor the option to (i) immediately cancel this Lease, Lessee waiving all delays, and agreeing to terminate its operations at once, if notified by Lessor to do so, or (ii) to require Lessee, upon written notice from Lessor, to immediately take such action as is necessary to permit Lessor to secure insurance on its Facility.

  • IMTT and Cogen have entered into the Steam Sale Agreement pursuant to which Cogen, commencing on the Date of Initial Commercial Operation, will be obligated to provide steam to IMTT and pursuant to which IMTT is obligated to purchase steam for use in the Bayonne Facility.

  • IMTT operates the Bayonne Facility and desires to enter into this Lease with Cogen so that it is assured of the ability to have steam available for its operations at the Bayonne Facility pursuant to terms of this Lease and the Steam Sale Agreement.

  • Bayonne O&M Agreement shall mean that certain Operation and Maintenance Agreement dated as of June 6, 1997, by and between Cogen Technologies NJ Venture and Operator relating to the Bayonne Facility, as may be amended from time to time.

  • The Steam Producing Facilities are presently leased by BI to IMTT and are utilized to produce steam which is used by IMTT in connection with the operation of the Bayonne Facility.


More Definitions of Bayonne Facility

Bayonne Facility means the cogeneration plant owned by Cogen Technologies NJ Venture located in Bayonne, New Jersey.
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Bayonne Facility means the facility occupied by EQ Northeast, Inc. located at 0 Xxxx Xxxx, Xxxxxxx, Xxx Xxxxxx.
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Bayonne Facility means the cogeneration plant owned by Cogen ---------------- Technologies NJ Venture located in Bayonne, New Jersey. Bayonne O&M Agreement shall mean that certain Operation and --------------------- Maintenance Agreement dated of even date herewith, by and between Cogen Technologies NJ Venture, as "Owner," and Operator, as "Operator," relating to the Bayonne Facility. Bayway shall mean Bayway Refining Company, a Delaware corporation. ------ Camden Approved Operating Budget shall mean an Approved Operating -------------------------------- Budget for the Facility as set forth in Section 2.4 hereof. Camden facility shall mean the cogeneration plant owned by Camden --------------- Xxxxx X.X. located in Camden, New Jersey. Camden O&M Agreement shall mean that certain Operation and Maintenance -------------------- Agreement dated of even date herewith, by and between Camden Xxxxx X.X., as "Owner," and Operator, as "Operator," relating to the Camden Facility.
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Related to Bayonne Facility

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Electric Facility means a Generator or an electric transmission facility.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Public facility means 1 or more of the following:

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • State facility means a center or a hospital operated by the department.

  • Energy facility means an energy plant or transmission

  • nuclear facility means, except as otherwise agreed to by the Underwriter, any of the following, provided that Nuclear Material is contained therein or being used therewith or Nuclear Material is present at the site where the same is located:

  • Transportation facility means any transit, railroad,

  • Recycling Facility means equipment used by a trade or business solely for recycling: