Examples of LG&E Parties in a sentence
Costs charged by CPR for this service shall be borne equally by OPC and the LG&E Parties.
The expenses of arbitration shall be borne equally by OPC and the LG&E Parties, except that each Party shall bear the compensation and expenses of its nominated arbitrator, own counsel, witnesses and employees; provided further, that any costs incurred by a Party in seeking judicial enforcement of any decision rendered in writing by the arbitrators, or a majority of the arbitrators, shall be chargeable to and borne exclusively by the Party against whom such court order is obtained.
In order to permit the LG&E Parties to perform their respective obligations set forth in the Operative Documents, Big Rivers shall permit WKEC or any of its Affiliates to employ such of Big Rivers' Transferred Employees, as WKEC, in its sole discretion, deems necessary in this connection.
In the event retail wheeling is instituted in Georgia, for whatever reason, and OPC or any Participating Member, may be entitled to receive compensation associated with stranded generating or other assets, the LG&E Parties shall have no claim or entitlement to any such compensation, nor shall the LG&E Parties have any obligation or liability for the payment of any such compensation, attributable to OPC Resources.
In the event retail wheeling is instituted in Georgia, for whatever reason, and OPC or the EMC Customers may be entitled to receive compensation associated with stranded generating or other assets, the LG&E Parties shall have no claim or entitlement to any such compensation, nor shall the LG&E Parties have any obligation or liability for the payment of any such compensation, attributable to OPC Resources.
Notwithstanding the foregoing, the LG&E Parties will be excused from their performance and payment obligations set forth in this Section 28 to the extent that any "as received" meter or transformer equipment is defective when delivered.
Any such transaction, provided it meets the conditions and limitations described above, shall not constitute a transfer or assignment of this Agreement or any of the other Operative Documents, and Big Rivers shall remain liable for all obligations of Big Rivers to the LG&E Parties under this Agreement and the other Operative Documents.
Furthermore, Big Rivers and the LG&E Parties agree that amounts paid by an LG&E Party to Big Rivers for transmission related to Tier 3 power shall be applied toward the $[REDACTED] minimum annual transmission use payment only when such transmission payments relate to Tier 3 power supplied by an LG&E Party.
The content of final legislation, the timing for enactment and the reporting periods that would be impacted cannot be determined at this time.
Upon any assignment or transfer of any rights, interests or obligations of any of the LG&E Parties to WKE Corp.