Examples of Québec Line in a sentence
Seller shall cause Hydro-Québec to maintain self-insurance with respect to the types of coverage and with such terms and conditions as are reasonable for a power system and transmission line, as applicable, of the type and size of the Hydro-Québec Power Resources and the Québec Line, and as otherwise legally required for the Hydro-Québec Power Resources and the Québec Line and consistent with Good Utility Practice, for the duration of the Term.
Hydro-Québec maintains self-insurance with respect to the types of coverage and with such terms and conditions as are reasonable for a power system and transmission line, as applicable, of the type and size of the Hydro-Québec Power Resources and the Québec Line, consistent with Good Utility Practice and as otherwise legally required for the Hydro-Québec Power Resources and the Québec Line.
Owner acknowledges that Distribution Company will receive such notice solely to monitor progress toward the Commercial Operation Date, and Distribution Company shall not have any responsibility or liability for the development, construction, operation and maintenance of the NECEC Transmission Line or the Québec Line.
This Agreement has been duly executed and delivered on behalf of Seller and, assuming the due execution hereof and performance hereunder by Buyer and receipt of the Permits and any Québec Line Approvals, constitutes a legal, valid and binding obligation of Seller, enforceable against it in accordance with its terms, except as such enforceability may be limited by law or principles of equity.
Subject to the receipt of the Permits and any Québec Line Approvals, Seller has all requisite power and authority to execute, deliver, and perform its obligations under this Agreement.
For the avoidance of doubt, Seller shall be responsible for procuring, at its expense, all Permits required for the operation of the Hydro-Québec Power Resources and all Québec Line Approvals in compliance with applicable requirements of Law.
The obligation of the Parties to perform this Agreement is further conditioned upon the receipt of U.S. Transmission Approvals and Québec Line Approvals, in each case, on or prior to the date such U.S. Transmission Approvals are required to be obtained in accordance with the TSA or Québec Line Approvals are required to be obtained in accordance with this Agreement.
Buyer and its representatives shall have the right but not the obligation, during business hours, at Buyer’s sole cost and expense and upon reasonable notice to Seller, to inspect the Hydro-Québec Power Resources or the Québec Line, subject to Seller’s reasonable site access rules.
Within ten (10) days after the end of each calendar quarter after the Effective Date and until the Commercial Operation Date, Seller shall provide Buyer with a report regarding progress towards the Commercial Operation Date, including the status of permitting and acquisition of real property rights for the Québec Line, in accordance with the form attached hereto as Exhibit F, and shall provide supporting documents and detail regarding the same upon Buyer’s request.
The representations and warranties set forth in this Article 7 are made as of the Effective Date and deemed made continually throughout the Term, subject to the removal of the references to the Regulatory Approval, Permits and Québec Line Approvals, as and when the Regulatory Approval, Permits and Québec Line Approvals are obtained.