Bear Swamp definition

Bear Swamp means Bear Swamp Power Company, LLC, a 600 MW pumped storage hydroelectric company incorporated under the laws of the State of Delaware in which Emera indirectly holds a 50% interest;
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Bear Swamp means Bear Swamp Power Company, LLC, a company incorporated under the laws of Delaware in which Emera holds a 50% interest;
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Bear Swamp means Bear Swamp Power Company, LLC, a company incorporated under the laws of Delaware and an indirect subsidiary of Emera;
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Examples of Bear Swamp in a sentence

  • Therefore, Emera records its investment in these entities using the equity method.(3) The investment balance in Bear Swamp is in a credit position primarily as a result of a $179 million distribution received in 2015.

  • Therefore, Emera records its investment in these entities using the equity method.(3) The investment balance in Bear Swamp is in a credit position primarily as a result of a $179 million distribution received in Q4 2015.

  • Stability limits for transfers from New England to New York are a function of the New England MW load level, and include the effect of Northfield and Bear Swamp in the generating and pumping mode.

  • Therefore, Emera records its investment in these entities using the equity method.(3) The investment balance in Bear Swamp is in a credit position primarily as a result of a $179 million distribution received in Q42015.

  • Emera has standby letters of credit in the amount of $30 million USD for the benefit of secured parties in connection with refinancing of the Bear Swamp joint venture and also to third parties that have extended credit to Emera and its subsidiaries.

  • The other interests in Bear Swamp are held, indirectly, by Brookfield Asset Management Inc.

  • Although Emera indirectly owns 50 percent of the membership interests in Bear Swamp, Emera does not control the operations of the Bear Swamp Facilities.

  • Bear Swamp holds authorization to sell power at market-based rates from FERC.12Tampa Electric Co. (“Tampa Electric”) is a public utility operating within Florida and an indirect wholly-owned subsidiary of Emera.

  • The remaining acquisitions represented additions to the Bear Swamp at Red Lion, Buttermilk Bridge, Clarks Landing, Gravel Hill, Great Piece Meadows, Hamilton, Moorestown, Panther Branch, Papakating Creek, Quarryville Brook, Sweet Hollow and Thompsontownpreserves.

  • Therefore, Emera records its investment inthese entities using the equity method.(3) The investment balance in Bear Swamp is in a credit position primarily as a result of a $179 million distribution received in 2015.

Related to Bear Swamp

  • Class I X" on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Class A-2 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.0008%.

  • Class A has the meaning set forth in Section 5.1.C.

  • Class A-2B Certificates All Certificates bearing the class designation of "Class A-2B."

  • Interest Rate Swap means any interest rate swap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Class A-2 Interest Rate means _____% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.8600%.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.6250%.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class A-S Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.4150%.

  • Pass Through Certificates means the pass through certificates issued by any Pass Through Trust (and any other pass through certificates for which such pass through certificates may be exchanged).

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class B Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A-AB Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.313%.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class B-3 Pass-Through Rate For the first Distribution Date, 4.120% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-3 Margin, (2) the Weighted Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.