Power Contracts definition

Power Contracts means the following Contracts to which Duke Energy or any of its Affiliates is a party or by which it or any of its Affiliates or any of their respective Assets is bound, except for any such Contract or part thereof that is expressly contemplated to be transferred or assigned to (or remain with) any member of the Spectra Energy Group pursuant to any provision of this Agreement or any Ancillary Agreement: (i) any Contract entered into in the name of, or expressly on behalf of, any division, business unit or member of the Duke Energy Group; (ii) any Contract that relates primarily to the Power Business; (iii) any Contract representing capital or operating equipment lease obligations of facilities or equipment primarily used by any member of the Duke Energy Group; (iv) any Contract or part thereof that is otherwise expressly contemplated pursuant to this Agreement or any of the Ancillary Agreements to be retained by, or assigned or transferred to, any member of the Duke Energy Group; (v) any guarantee, indemnity, representation or warranty of any member of the Duke Energy Group; and (vi) the Contracts listed or described on Schedule 1.1(111)(vi).
Power Contracts means the contracts entered into, or to be entered into, by Texoga for the purchase or sale of Power and/or Ancillary Services from third parties.
Power Contracts means those certain contracts and agreements which are material to the provision to Borrower of electricity, natural gas, water, fuel oil, coal and other energy resources in connection with the operation of Borrower’s plant, equipment and offices listed on Schedule 4.17(e) as the same may be amended, restated, supplement and or otherwise modified from time to time.

Examples of Power Contracts in a sentence

  • Upon termination of this agreement between 791 PURCHASING COOPERATIVE and the Vendor, this agreement shall survive only insofar as to govern all surviving 791 PURCHASING COOPERATIVE Retail Power Contracts between the Vendor and 791 PURCHASING COOPERATIVE Member’s.

  • DWR's obligation to make payments hereunder shall be limited solely to the Fund and shall be payable as an operating expense of the Fund solely from Power Charges subject and subordinate to each Priority Long Term Power Contract in accordance with the priorities and limitations established with respect to the Fund’s operating expenses in any indenture providing for the issuance of Bonds and in the Rate Agreement and in the Priority Long Term Power Contracts.

  • Pursuant to the Initial Power Contracts and the Additional Power Contracts, the Purchasers are entitled and obligated to take their respective entitlement percentages of the capacity and net electrical output of the Unit during the service life of the Unit and are obligated to pay therefor monthly their respective entitlement percentages of Vermont Yankee's cost of service, including decommissioning costs, whether or not the Unit is operated.

  • Pursuant to the Power Contract, Vermont Yankee has agreed to supply to the Purchaser and, pursuant to separate power contracts substantially identical to the Power Contract except for the names of the parties (collectively, as amended through the date hereof, the "Initial Power Contracts"), to the other Purchasers all of the capacity and the electric energy available from the Unit for a thirty year term extending through November 30, 2002.

  • All correspondence relating to this Agreement shall be directed to the following: For the Authority For the Company Manager – Power Contracts New York Power Authority ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.

  • Section 2 of the Additional Power Contract is hereby amended by deleting the first two paragraphs thereof and by inserting in lieu thereof the following: This contract shall become effective upon receipt by the Purchaser of notice that Connecticut Yankee has entered into Additional Power Contracts, as contemplated by Section 1 above, with each of the other Purchasers.

  • Each of the Wholesale Power Contracts is in full force and effect.

  • This contract shall become effective upon receipt by the Purchaser of notice that Connecticut Yankee has entered into Additional Power Contracts, as contemplated by Section 1 above, with each of the other Purchasers.

  • Comply in all material respects with the requirements of the Indenture and the Wholesale Power Contracts except in such instances in which (a) such requirement is being disputed in good faith by appropriate proceedings diligently conducted; or (b) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Whether or not otherwise identified in writing as confidential pursuant to (ii) above, all Texoga information and data regarding pricing, transaction terms, operations, and the Power Contracts shall be Confidential Information.


More Definitions of Power Contracts

Power Contracts means the separate Power Contracts dated as February 1, 1968, as amended through the 2001 Amendatory Agreement, between Vermont Yankee and each of the Sponsors
Power Contracts means the contracts entered into, or to be entered into, by Texoga for the purchase or sale of Power and/or Ancillary Services from third parties. “PUCT” means the Public Utility Commission of Texas. “QSE” shall mean Qualified Scheduling Entity as certified by ERCOT. “Resource” is a generation facility capable of providing electrical power to the ERCOT grid. “Resource Imbalance Charges” shall have the meaning defined in the ERCOT Protocols. “Resource Plan” shall mean a plan provided by a QSE to ERCOT indicating the forecasted state of Resources including information on availability, limits and forecasted Power generation of each Resource. -6- “Schedule or Scheduling” when used as a verb, means to notify, request and confirm with ERCOT or a counterparty that a quantity of Power or Ancillary Services is to be made available, delivered or received at a particular delivery point, and to provide such information and take such other action as may be necessary to cause such Person to recognize and confirm the delivery with respect of that energy. A “Schedule” is the schedule under which a quantity of Power or Ancillary Services are to be made available, delivered or received together with all such information as may be necessary to implement the delivery or receipt of such energy. "Term" means the period of this Agreement as specified in Section 2.5(a). “Timely Notice,” as contemplated within Section 8.2 and 8.3, shall mean such notice by a party as would be required to enable the other party effectively to assert and prosecute appropriate defenses relative to a Claim or legal action. “Written Communication” includes electronic means via verified email transmissions, facsimile transmissions and other documents sent via mail services as attachments (see section 10.2). 1.2
Power Contracts means the power purchase contracts between the Borrower and (i) Landsvirkjun dated 7 August 1997, as amended, (ii) Landsvirkjun dated 25 February 2009, as amended, (iii) HS Orka hf. and Orkuveita Reykjavíkur dated 17 April 2004, as amended and (iv) Orkuveita Reykjavíkur dated 7 June 2007, as amended.
Power Contracts means those contracts or transactions set forth on Schedule 2.1(h).

Related to Power Contracts

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Project Contracts mean a contract or contracts with respect to the acquisition and/or construction of the Improvements entered into by the Company or the Issuer.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).