Maritime Link definition

Maritime Link means the transmission project which includes two 170-km sub-sea cables between the island of Newfoundland and the Province of Nova Scotia, developed by NSP Maritime Link Inc.;
Maritime Link or “ML” means the transmission facilities to be constructed between the Island Interconnected System and the NS Transmission System in accordance with the Maritime Link-Joint Development Agreement;

Examples of Maritime Link in a sentence

  • Significant transactions between Emera and its associated companies are as follows: • Transactions between NSPI and NSPML related to the Maritime Link assessment are reported in the Condensed Consolidated Statements of Income.

  • All material amounts are under normal interest and credit terms.Significant transactions between Emera and its associated companies are as follows: ● Transactions between NSPI and NSPML related to the Maritime Link assessment are reported in the Condensed Consolidated Statements of Income.

  • When the critical milestones were achieved, Nalcor Energy was deemed the primary beneficiary of the asset for financial reporting purposes as they have authority over the majority of the direct activities that are expected to most significantly impact the economic performance of Maritime Link.

  • Benefits of the Maritime Link transmission line prior to operation of associated power supply and connecting transmission facilties.

  • ENL’s two investments are:• a 100 per cent investment in NSP Maritime Link Inc.


More Definitions of Maritime Link

Maritime Link or “NSP Maritime Link Inc.” means NSP Maritime Link Incorporated, a wholly owned direct subsidiary of ENL incorporated under the laws of the Province of Newfoundland and Labrador that is developing the Maritime Link Project;
Maritime Link has the meaning set forth in the A&R ML-JDA;
Maritime Link has the meaning set forth in the A&R TSA;
Maritime Link means the transmission facilities to be constructed in accordance with the Maritime Link Joint Development Agreement dated July 31, 2012 between Nalcor and Emera;
Maritime Link or “ML” means the transmission facilities to be constructed in accordance with the Maritime Link Joint Development Agreement to transmit Energy and Capacity between the Island Interconnected System and the NS Transmission System; “Maritime Link (Emera) Transmission Service Agreement” or “ML (Emera) TSA” means the agreement dated July 31, 2012 between Emera and an Affiliate of Emera relating to the Transmission Rights of an Affiliate of Emera in respect of the Nova Scotia Block;
Maritime Link or “ML” has the meaning set forth in the ML-JDA;
Maritime Link has the meaning set forth in the A&R NBTUA;