MPUC Approval definition

MPUC Approval receipt of a written final order from the MPUC approving this PPA or which otherwise approves the PPA as reasonable and in the public interest, subject only to the MPUC’s ongoing jurisdiction to review the prudency of MP’s purchases of Contract Energy, Accreditable Capacity and Green Tags pursuant to the PPA. “M-RETS Program” - the Midwest Renewable Energy Trading System program, MPUC Docket No. E-999/CI-04-1616 and subsequent related proceedings.
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MPUC Approval means a final order of the MPUC, which has not been appealed and which is no longer appealable, approving the termination of the PPA in exchange for payments by NSP to LEA in accordance with the terms set forth in this Termination Agreement; and authorizing NSP to recover the Minnesota allocated share of all payments to LEA required by the Termination Agreement from NSP's Minnesota ratepayers in accordance with the Termination Statute and through mechanisms reasonably satisfactory to NSP.
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MPUC Approval means the supplemental order described in Section 6.11 of this Agreement. (22) (23) "PHC Balance Sheet" has the meaning set forth in Section 4.8 of this Agreement. (24) (25) "PHC Financial Statements" has the meaning set forth in Section 4.7 of this Agreement. (26) (27) "PHC Material Adverse Effect" means any change in or effect on the PHC Stock, the Bangor-Pacific Interest, the Bangor-Pacific Economic Interest, or PHC or Bangor-Pacific or their respective assets, business or condition (financial or otherwise) that is, individually or in the aggregate, materially adverse (including without limitation any change or effect resulting from governmental action), and which change or effect causes the value of any of such equity interests, entities, or assets, in the aggregate, to decrease by more than ten percent (10%), other than any such materially adverse change which is cured (including by the payment of money) by BHE before the First Closing Date or the Second Closing Date, as the case may be. (28) (29) "PHC Stock" means all of the issued and outstanding shares of capital stock of PHC. (30) (31) "PHC Stock Regulatory Approvals" has the meaning set forth in Section 4.3(b). (32) (33) "PHC Stock Required Consents" has the meaning set forth in Section 4.3(a). (34) (35) "Pre-Closing Periods" has the meaning set forth in Section 6.13(a)(i). (36) (37) "Post-Closing Periods" has the meaning set forth in Section 6.13(a)(iii). (38) (39) "Restricted Payments" has the meaning set forth in the Loan Agreement. (40) (41) "Second Closing" means the closing of the Second Closing Transaction. (42) (43) "Second Closing Conditions" has the meaning set forth in Section 3.1 of this Agreement. (44) (45) "Second Closing Date" or "Second Closing date" means the date and time at which the Second Closing actually occurs. (46) (47) "Second Closing Transaction" has the meaning set forth in Section 2.2(a) of this Agreement. (48) (49) "Tax Accrual" means the aggregate amount of the reserves, provisions and accruals for Taxes (other than Taxes based on or measured by net income) on the PHC Balance Sheet, up to but not to exceed $1,000. (50) (51) "Transaction Documents" means this Agreement, the Bangor-Pacific Assignment and the other documents and instruments referred to in Sections 3.5(a) and (d). (52) (53) (27) "West Enfield Project Documents" means those documents and agreements defined as such in Annex A to the Loan Agreement. (54) 2 ARTICLE
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Examples of MPUC Approval in a sentence

  • MP shall make every commercially reasonable effort to submit this Agreement for MPUC Approval as soon as practicable after the execution of this Agreement by both Parties.

  • MP shall use commercially reasonable efforts to obtain MPUC Approval and MP’s purchase hereunder as being reasonable, in the public interest and costs recovered pursuant to applicable Minnesota law subject only to ongoing prudency review of MP’s purchase hereunder.

  • Obtaining MPUC Approval shall constitute a condition precedent to MP’s performance of its other obligations hereunder.

  • Seller agrees to provide reasonable assistance to MP, if requested, in order to assist MP in obtaining MPUC Approval.

  • Obtaining MPUC Approval shall constitute a condition precedent to MP's performance of its other obligations hereunder.

  • MP shall use commercially reasonable efforts to obtain MPUC Approval on or before October 31, 2018 (the “MPUC Approval Deadline Date”).


More Definitions of MPUC Approval

MPUC Approval means a final order of the MPUC, which has not been appealed and which is no longer appealable, approving the termination of the PPA in exchange for payments by NSP to LEA in accordance with the terms set forth in this Termination Agreement; and authorizing NSP to recover the Minnesota allocated share of all payments to LEA required by the Termination Agreement from NSP's Minnesota ratepayers in accordance with the Termination Statute and through mechanisms reasonably satisfactory to NSP.
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Related to MPUC Approval

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • FCC Approval means the FCC’s grant of the FCC Applications; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • MAA Approval means approval by the EMEA of a marketing authorization application (“MAA”) filed with the EMEA for the applicable Licensed Product under the centralized European procedure. If the centralized EMEA filing procedure is not used, MAA Approval shall be achieved upon the first Approval for the applicable Licensed Product in any two of the following countries: France, Germany, Italy, Spain or the United Kingdom.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • FCC Consent means action by the FCC granting its consent to the assignment of the FCC Licenses to Buyer as contemplated by this Agreement.

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • Works Approval means this Works Approval numbered W5894/2015/1 and issued under the Act; and

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Reimbursement Approval means an approval, agreement, determination, or other decision by the applicable Governmental Authority that establishes prices charged to end-users for pharmaceutical or biologic products at which a particular pharmaceutical or biologic product will be reimbursed by the Regulatory Authorities or other applicable Governmental Authorities in the Territory.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).

  • Required Approval has the meaning specified in Section 2.2(b).

  • Product Approval means the approval of a Governmental Authority necessary for the marketing and sale of the Product in a given country or regulatory jurisdiction, which may include the approval of an MAA (but shall not include any Pricing Approvals).

  • Registry Operator Approval means the receipt of each of the following: (A) the affirmative approval of the Applicable Registry Operators whose payments to ICANN accounted for two-­‐thirds of the total amount of fees (converted to U.S. dollars, if applicable, at the prevailing exchange rate published the prior day in the U.S. Edition of the Wall Street Journal for the date such calculation is made by ICANN) paid to ICANN by all the Applicable Registry Operators during the immediately previous calendar year pursuant to the Applicable Registry Agreements, and (B) the affirmative approval of a majority of the Applicable Registry Operators at the time such approval is obtained. For the avoidance of doubt, with respect to clause (B), each Applicable Registry Operator shall have one vote for each top-­‐level domain operated by such Registry Operator pursuant to an Applicable Registry Agreement.

  • Required Consent has the meaning set forth in Section 4.4.