New England Electric System definition

New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor.
New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. EXHIBIT B-1 - FORM OF NOTICE OF REVOLVING CREDIT BORROWING BankBoston, N.A., as Administrative Agent for the Lenders party to the Credit Agreement referred to below _________________________ _________________________ [Date] Attention: _______________ Ladies and Gentlemen: The undersigned, New England Electric System, refers to the Credit Agreement, dated as of _______________, 1997 (as amended or modified from time to time, the "Credit Agreement", the terms defined therein being used herein as therein defined), among the undersigned, certain Lenders party thereto, BankBoston, N.A., as Administrative Agent for said Lenders, Xxxxxxx Xxxxx Capital Corporation, as Syndication Agent, and Credit Suisse First Boston as Documentation Agent, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Revolving Credit Borrowing under the Credit Agreement, and in that connection sets forth below the information relating to such Borrowing (the "Proposed Borrowing") as required by Section 2.02 of the Credit Agreement:
New England Electric System a Massachusetts trust (the "Borrower"), the Lenders (as defined in the Credit Agreement), BankBoston, N.A., as Administrative Agent, Xxxxxxx Xxxxx Capital Corporation, as Syndication Agent, and Credit Suisse First Boston, as Documentation Agent. Terms defined in the Credit Agreement are used herein with the same meaning. The "Assignor" and the "Assignee" referred to on Schedule I hereto agree as follows:

Examples of New England Electric System in a sentence

  • Prepared under contract to the New England Electric System (NEES).

  • Plan Description The Plan was established effective January 1, 1980, pursuant to the authorization of the Board of Directors of certain subsidiaries of the New England Electric System (“NEES”), to provide a long-range program of systematic savings for eligible employees (the “Participants”).

  • Plan Description The Plan was established effective September 1, 1984, pursuant to the authorization of the Board of Directors of certain subsidiaries of the New England Electric System (“NEES”), to provide a long-range program of systematic savings for eligible employees (the “Participants”).

  • The New England Electric System is not required to set aside or segregate any assets of any kind to meet obligations under this Plan.

  • The enhanced performance of combined application when compared to poultry manure or NPK fertilizer alone could be attributed to release of plant nutrient elements and organic matter addition (32, 33).


More Definitions of New England Electric System

New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. EXHIBIT C - FORM OF ASSIGNMENT AND ACCEPTANCE
New England Electric System means New England Electric System or its successor.
New England Electric System. New England Power Company," "New England Power," "XXXX," "NEP," the "XXXX companies," "The Narragansett Electric Company" or any related or similar trade names, trademarks, service marks or logos;
New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. XXXXXXXX By: Its President Address: XXXXXXX XXXXXXX AMENDMENT NO. 3 TO EQUITY FUNDING AGREEMENT FOR NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC. This Amendment, dated as of August 1, 1988, is between New England Hydro-Transmission Electric Company, Inc. (New England Hydro), and the New England entities that have signed the Equity Funding Agreement for New England Hydro-Transmission Electric Company, Inc. dated as of June 1, 1985 as amended (the “Equity Funding Agreement”), and amends the Equity Funding Agreement as hereinafter provided. In consideration of the premises and other good and valuable consideration, receipt of which is hereby acknowledged, and pursuant to the provision of Section 16C of the Equity Funding Agreement, it is hereby agreed as follows:
New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. XXXXXXX XXXXX CAPITAL CORPORATION, as Syndication Agent By_________________________________ Title: BANKBOSTON, N.A., as Administrative Agent By_________________________________ Title: CREDIT SUISSE FIRST BOSTON, as Documentation Agent By_________________________________ Title: Initial Lenders Commitment $ [NAME OF INITIAL LENDER] By_________________________________ Title: $ [NAME OF INITIAL LENDER] By_________________________________ Title: [ETC.] $500,000,000 Total of the Commitments SCHEDULE I NEW ENGLAND ELECTRIC SYSTEM $500,000,000 5 YEAR CREDIT AGREEMENT APPLICABLE LENDING OFFICES Name of Initial Lender Domestic Lending Office Eurodollar Lending Office ---------------------- ----------------------- ------------------------- EXHIBIT A-1 - FORM OF REVOLVING CREDIT PROMISSORY NOTE U.S.$_______________ Dated: _______________, 1997 FOR VALUE RECEIVED, the undersigned, NEW ENGLAND ELECTRIC SYSTEM, a Massachusetts trust (the "Borrower"), HEREBY PROMISES TO PAY to the order of _________________________ (the "Lender") for the account of its Applicable Lending Office on the Termination Date (each as defined in the Credit Agreement referred to below) the principal sum of U.S.$ [amount of the Lender's Commitment in figures] or, if less, the aggregate principal amount of the Revolving Credit Advances made by the Lender to the Borrower pursuant to the Credit Agreement dated as of _______________, 1997 among the Borrower, the Lender and certain other lenders parties thereto, BankBoston, N.A. as Administrative Agent for the Lender and such other lenders, Xxxxxxx Xxxxx Capital Corporation, as Syndication Agent, and Credit Suisse First Boston, as Documentation Agent (as amended or modified from time to time, the "Credit Agreement"; the terms defined therein being used herein as therein defined) outstanding on the Termination Date. The Borrower promises to pay interest on the unpaid principal amount of each Revolvi...
New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor.] EXHIBIT D - FORM OF DESIGNATION AGREEMENT Dated _______________, 199_ Reference is made to the Credit Agreement dated as of _______________, 1997 (as amended or modified from time to time, the "Credit Agreement") among New England Electric System, a Massachusetts trust (the "Borrower"), the Lenders (as defined in the Credit Agreement), BankBoston, N.A., as agent for the Lenders (the "Administrative Agent"), Xxxxxxx Xxxxx Capital Corporation, as Syndication Agent, and Credit Suisse First Boston, as Documentation Agent. Terms defined in the Credit Agreement are used herein with the same meaning. _________________________ (the "Designor") and _________________________ (the "Designee") agree as follows:
New England Electric System means the trustee or trustees for the time being (as trustee or trustees but not personally) under an agreement and declaration of trust dated January 2, 1926, as amended, which is hereby referred to, and a copy of which as amended has been filed with the Secretary of the Commonwealth of Massachusetts. Any agreement, obligation, or liability made, entered into or incurred by or on behalf of New England Electric System binds only its trust estate, and no shareholder, director, trustee, officer or agent thereof assumes or shall be held to any liability therefor. SCHEDULE I TO STOCK PLEDGE AGREEMENT Stock Certificate Par Value Class of Stock No(s). of Shares No. of Shares _____________ ___________ _________ _____________ Receipt for Stock Certificate ____________, as Security Agent, hereby acknowledges receipt of stock certificate No. ______ for shares of stock of Narragansett Energy Resources Company. Dated: _____________, 1995 ______________, as Security Agent By: ______________________________ Name: Title: STOCK POWER FOR VALUE RECEIVED, New England Electric Systems hereby sells, assigns and transfers unto ____________, as Security Agent for certain Secured Parties, shares of common stock of Narragansett Energy Resources Company, a Rhode Island corporation, standing in its name on the books of said Corporation represented by Certificate No. , attached hereto, and does hereby irrevocably constitute and appoint [ ] attorney to transfer the said stock on the books of said Corporation with full power of substitution in the premises. Dated: , NEW ENGLAND ELECTRIC SYSTEM* By: ____________________________________ Name: Title