Payment Obligation Agreement definition
Examples of Payment Obligation Agreement in a sentence
An executed Downsizing Generator Payment Obligation Agreement, as set forth in Appendix 11 to Appendix DD to the CAISO Tariff.
Subject Matter : The parties confirmed that the obligations of SZ Expressway and ▇▇▇ ▇▇▇ Company under the Payment Obligation Agreement will not decrease upon the signing of the Renewal Income Makeup Agreement and the Supplemental Shortfall Makeup Agreement.
At the same time, the rights and obligations of SIHCL and the Vendor under the Payment Obligation Agreement will not be increased or decreased (including that they will not be responsible for paying the Renewed Period Income to CMF).
After CMF having sold the Placing Shares, SZ Expressway and ▇▇▇ ▇▇▇ Company shall be responsible for the Shortfall Makeup Obligation under the Payment Obligation Agreement and the Supplemental Shortfall Makeup Agreement.
The Project Payment Obligation shall be memorialized in a mutually agreeable document to be executed by the Commission and Developer at Closing (the "Project Payment Obligation Agreement").
Pursuant to the Supplemental Payment Obligation Agreement and the Supplemental Shortfall Makeup Agreement, the Shortfall Makeup Obligation bore by SZ Expressway and ▇▇▇ ▇▇▇ Company are as follows: CMF may make reasonable endeavour to sell all or part of the Placing Shares at fair market price within the Exit Period.
On the same date, SZ Expressway, ▇▇▇ ▇▇▇ Company, SIHCL and the Vendor also entered into the Payment Obligation Agreement, pursuant to which SZ Expressway and ▇▇▇ ▇▇▇ Company agreed to undertake the payment obligation of SIHCL and the Vendor under the Shortfall Makeup Agreement.
If the Generator Downsizing Request is deemed complete, valid, and ready to be studied, the CAISO will execute the Downsizing Generator Payment Obligation Agreement provided by the Interconnection Customer pursuant to Section 3.10.5.1(iv) and provide a copy of the executed agreement to the Interconnection Customer.