Electric Business definition
Examples of Electric Business in a sentence
Purchaser may, by providing Seller with written notice at least five (5) days prior to the Closing, elect to purchase all, or certain of, the DSS(TM) subscriber equipment owned by Seller (other than Leased Subscriber Equipment) on the Closing Date; provided, however, Purchaser shall not have the right to acquire any assets attributable to Seller's Electric Business.
Buyer and Seller agree that if Buyer and Seller determine any of Seller’s operations other than those of the Business “share” Easements with Seller’s Electric Business or Gas Business operations, Buyer and Seller will take all actions reasonably necessary (such as executing sub-easements or other documents) to ensure Buyer is permitted to use the same on a non-exclusive basis, as presently used by Seller with respect to the Business.
Electric Opco will acquire and assume the Purchased Assets and the Assumed Obligations principally related to the Electric Business and Gas Opco will acquire and assume the Purchased Assets and the Assumed Obligations principally related to the Gas Business.
LOUISVILLE GAS AND ELECTRIC COMPANY By: ▇▇▇▇▇ Vice President and General Manager, Wholesale Electric Business INDIANA MUNICIPAL POWER AGENCY By ▇▇▇▇▇ ▇.
The Buyer has received commitment letters from Congress Financial Corporation (a copy of which is attached as Exhibit B-1) and General Electric Business Asset Funding Corporation (copies of which are attached as Exhibit B-2 and Exhibit B-3) (the "Commitment Letters"), and, upon the satisfaction of the conditions set forth therein, the Buyer will have sufficient funds on the Closing Date to enable it to pay the Purchase Price.
LOUISVILLE GAS AND ELECTRIC COMPANY By: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President and General Manager Wholesale Electric Business Grantor and Grantee hereby certify that the consideration reflected in the foregoing Deed is the full consideration paid for the Property.
This bonus will be based principally upon the financial performance of the Company and the Electric Business Unit and achievement of individual performance goals established in conjunction with the CEO of the Company.
Seller shall, and shall cause ▇▇▇▇▇▇▇ Electric and Ideal Consolidated to, confer with Buyer on a regular basis to keep Buyer informed with respect to operational matters of a material nature and to report the general status of the ongoing operations of the ▇▇▇▇▇▇▇ Electric Business and the Ideal Consolidated Business.
SELLER: LOUISVILLE GAS AND ELECTRIC COMPANY Attest: By: ▇▇▇▇▇ ▇▇▇▇▇▇▇, Vice President and General Manager, Wholesale Electric Business BUYER: INDIANA MUNICIPAL POWER AGENCY Attest: By: ▇▇▇▇▇ ▇.
SESCO's business separation ▇▇▇▇ ▇▇s included in the TXU Electric Business Separation Plan which contemplated the transfer of SESCO's transmission and dis▇▇▇▇▇▇▇on assets, including its Certificate of Convenience and Necessity (the "CCN"), to an affiliated transmission and distribution utility (the "SESCO BUSINESS SEPARATION PL▇▇").