Examples of Existing PPA in a sentence
Neither JCP&L nor, to the best of JCP&L's knowledge, NJEA is in default under the Existing PPA, and no condition exists that, with the passage of time, the giving of notice, or both, would constitute any such default.
Buyer and Seller desire to amend and restate the Existing PPA as provided for herein, and to have this Amended and Restated Power Purchase Agreement replace the Existing PPA in its entirety.
Furthermore, as done previously in other QF/CHP Settlement resolutions, the Commission compares the proposed agreement to the Existing PPA.
The 2007 RA Confirmation essentially carries forward and memorializes the resource adequacy product that CES is currently providing under the Existing PPA, with terms adopted from industry developed resource adequacy contracts.
In the 4 C's Tourism Destination Competitiveness Matrix, we intended to ensure that the content of the instrument was relevant, clear, and coherent.
There is no separate RA capacity payment associated with this transaction, as the compensation to be paid under the Existing PPA (and under the Geysers PPSA during the Interim Period) is already deemed to include a resource adequacy component.
Jersey Central Power & Light Company ("JCP&L") and NJEA are parties to a Power Purchase Agreement dated as of October 22, 1987, as amended to date (the "Existing PPA"), pursuant to which JCP&L purchases from NJEA contract capacity of not less than 250 MW and the associated electricity of the Facility.
Neither NJEA nor, to the best of NJEA's knowledge, JCP&L is in default under the Existing PPA, and no condition exists that, with the passage of time, the giving of notice, or both, would constitute any such default.
Such terms did not exist at the time the Existing PPA was executed.
NJEA and JCP&L have entered into an Amended and Restated Power Purchase Agreement dated May 16, 2003, as amended to date (collectively, the "Amended PPA") that amends and restates the Existing PPA and provides NJEA with the option of supplying Contract Energy from sources other than the Facility.