Labrador Transco definition

Labrador Transco means Labrador Transmission Corporation, a corporation incorporated pursuant to the laws of NL and a wholly-owned subsidiary of Nalcor, and includes its successors;
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Labrador Transco means Labrador Transmission Corporation, a NL corporation, and includes any successor thereto;
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Labrador Transco has the meaning set forth in the preamble to this Agreement, one of the Parties, and includes its successors and permitted assigns;
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Examples of Labrador Transco in a sentence

  • To the extent equity is contributed to MF Corp and Labrador Transco by Nalcor that is not: (i) equity required against FLG Debt; and (ii) equity transferred into the MFLTA Equity Prefunding Reserve Accounts from the MFLTA ▇▇▇▇▇, these equity contributions can be used to reduce the $184 million March 2017 New Annual Equity Prefunding Payment.

  • Muskrat and Labrador Transco shall install and maintain protective relaying and auxiliary control facilities in accordance with Good Utility Practice and applicable Reliability Standards in order to permit the interconnection of the MF Plant to the LTA.

  • The wire transfer instructions for payments to be made by you directly to the Labrador Transco Project Funding Account are as follows: <@> Yours truly, as Collateral Agent Per: Per: c.c. Nalcor Energy Labrador Transmission Corporation LTA NL CROWN PAYMENT DEMAND IN CONNECTION WITH LTA PROJECT COSTS FOLLOWING THE EXHAUSTION Date: HER MAJESTY THE QUEEN IN RIGHT OF THE PROVINCE OF NEWFOUNDLAND AND LABRADOR Department of Finance ▇.▇.

  • Any interest paid by the NL Crown under the terms of this Section shall constitute an equity investment by Nalcor in Labrador Transco and shall be deposited in the Labrador Transco Project Funding Account and shall be applied to defray the next following Nalcor LTA Contribution required to be made under the terms of the LTAESA.

  • No Labrador Transco Default will be waived or deemed to have been waived solely by reason of any inspection by or on behalf of the NLSO or Muskrat.

  • A change of Control of a Labrador Transco Affiliate Assignee that would result in such Labrador Transco Affiliate Assignee no longer being an Affiliate of Labrador Transco will be deemed to be assignment of the Labrador Transco Rights in contravention of this Section 20.2.

  • Labrador Transco shall send each LTA Cash Call Notice concurrently to Nalcor, NL Crown, the Collateral Agent and Canada.

  • Labrador Transco shall enter into the MPPA prior to the LTA First Power Date, and all forecasting and scheduling in respect of the utilization of the LTA Transmission Capacity during the LTA Commissioning Period and during the Supply Period shall be conducted pursuant to separate transmission services agreements entered into pursuant to the MPPA.

  • If in any month, the LTA Capital Costs Recovery is projected to be insufficient to enable Labrador Transco to meet all of its obligations under applicable Financing Documents, the LTA Capital Costs Recovery shall be adjusted to enable Labrador Transco to meet all its obligations in such month.

  • To the extent that the LTA Payments at any time funds debt service of Labrador Transco, only such portion of debt service shall be so funded as constitutes interest, fees and the instalment of principal which are due or about to become due as at such time; and for greater certainty there shall be no accelerated principal payable.