Fuel Supply Plan definition
Examples of Fuel Supply Plan in a sentence
The Initial Fuel Supply Plan will provide information regarding how Seller intends to procure Fuel and associated Fuel transportation, distribution, storage and/or other delivery services such that Department can evaluate the expected cost of Fuel needed to generate Energy provided under this Agreement.
Within forty-five (45) Days prior to the termination of a Fuel Supply Plan, Department may assume all effective and approved Extended- Term Obligations (except for Seller's firm transportation rights) provided that Department obtains a release from the counter party to the Extended-Term Obligations releasing Seller from any future obligations Seller has with regard to such Extended-Term Obligations.
The Parties may meet at mutually agreeable times prior to the next succeeding Fuel Supply Period to discuss any modifications to Seller's proposed Fuel Supply Plan that Department reasonably requests.
The Parties acknowledge that any Fuel Supply Plan may include obligations provided by either Party which extend beyond the applicable Fuel Supply Period ("Extended-Term Obligations").
Seller shall act in accordance with the Initial Fuel Supply Plan.