Examples of Excess Electricity in a sentence
The Board considers that the electricity to be purchased by Gaoxin Thermal Power under the Supply of Excess Electricity Agreement would (i) optimize the utilization of the Thermal Power Assets; and (ii) allow the Group to receive an additional stream of income and thus is likely to result in an increase of the profits of the Group upon Completion.
The Company and Gaoxin Thermal Power propose to enter into the Supply of Excess Electricity Agreement at Completion, pursuant to which the Company would supply electricity generated by the Thermal Power Assets which is in excess of the Group’s actual electricity consumption requirement, to Gaoxin Thermal Power for a term commencing from the date of Completion and ending on 31 December 2011 (both dates inclusive).
Goodwill arising on an acquisition represents the excess of the cost of the acquisition over the net fair value of the identifiable assets, liabilities and contingent liabilities acquired.
Once the above set-off amount is equivalent to the above remaining consideration amount, Gaoxin Thermal Power shall pay for the electricity supplied in arrears to the Company based on the actual amount of electricity supplied under the Supply of Excess Electricity Agreement.
As each of the applicable percentage ratios (as defined in the Listing Rules) in respect of the Excess Electricity Supply Transaction is on an annual basis more than 5% and the annual consideration is more than HK$10,000,000, the same transaction is subject to the reporting, annual review, announcement and independent shareholders’ approval requirements of Chapter 14A of the Listing Rules.
Any Excess Electricity Use Charge allocable to a period prior to the date of giving an Excess Electricity Notice shall, at the option of Landlord, be payable as additional rent within thirty (30) days after written demand is made therefor by Landlord.
During the term of the Renewed Excess Electricity Supply Agreement, if the Monthly Local State Grid Selling Price of any month is adjusted from that of the previous month, the settlement price for that month shall be calculated based on the then effective Monthly Local State Grid Selling Price, with a 10% discount.
He handed over the amount of Rs. 80/ to the appellant saying that he would pay Rs. 20/’- later on.’ On the giving of signal by Deputy Lal, Arora arrived and recovered the currency notes from the pocket of the appellant’s bush-shirt.
Luoma, The Challenge for Green Energy: How to Store Excess Electricity, YALE ENVIRONMENT 360 (July 13, 2009), http://e360.yale.edu/feature/ the_challenge_for_green_energy_how_to_store_excess_electricity/2170/.
The Renewed Excess Electricity Supply Agreement is renewable for another term of three years (subject to the compliance of relevant requirements under the Listing Rules by the Company) unless any party decides not to renew it and give at least thirty (30) days’ prior written notice to the counterparty accordingly.