Examples of Remaining Participants in a sentence
The Carve-Out Plan shall provide that the aggregate Carve-Out Amount shall be paid to the Carve-Out Participants or the Remaining Participants, as applicable, one half on or about the Closing Date, one quarter on or about July 15, 2013, and one quarter on or about January 31, 2014, in each case consistent with Parent’s customary payroll practices, and the Carve-Out Plan shall not have been amended after the date of this Agreement.
During the Interim Period, the Remaining Participants will be entitled to use equipment from Units 2 and 3 in the operation of either or both of Units 1 and 4 without compensation to the Exiting Participants.
The Remaining Participants will purchase fuel oil inventory from the Exiting Participants at book value on the Exit Date.
Any other costs billed by SJCC under the CSA and not specifically addressed in this Section 5.7 will be apportioned among and paid for by the Remaining Participants on the basis of Remaining Participant’s Common Participation Share for that year unless otherwise annually approved by the Remaining Participants in the Fuels Committee.
The total amount of any such payment for consumed Project Coal Inventory tons will subsequently be credited to FERC Account 151 and apportioned to the Remaining Participants based on the Remaining Participant’s Common Participation Share for that year.
On the first monthly invoice following the Exit Date, the Operating Agent will credit each of the Exiting Participants for its share of the book value for fuel oil inventory, and charge each of the Remaining Participants for its share of such book value.
All Parties will be liable for their prorated share of such expenses to the extent such items relate to all time periods prior to the Exit Date and the Remaining Participants will be liable to the extent such items relate to all time periods on and after the Exit Date.
In the event of an SJCC Environmental Force Majeure, then Available Pre-existing Stockpile Tons will be allocated in the same manner as Pre-existing Stockpile Coal tons, and Force Majeure Tons will be allocated in the same manner as Tier 1 Tons unless otherwise approved by the Remaining Participants in the Fuels Committee.
Insurance Proceeds”) (it being understood that ICE Clear Credit shall not be obligated to obtain or maintain any insurance policy with respect to Defaults by a Participant or related Obligation Failures); and(54) where permitted under Rule 20-605(d), the Required Contributions of the Remaining Participants and the Remaining Aggregate Specific WWR Contribution (where the Defaulting Participant is not a Specific WWR CDS Participant), pro rata based on the relative size of such contributions.
Should County decide to continue to provide Services to the Remaining Participants, the Remaining Participants shall be deemed to have the same contract privileges, duties and responsibilities, on the same terms, as described herein for OCDE/SELPAs. After the completion of the Initial Term, County or OCDE/SELPAs may terminate this Agreement, without cause, upon thirty (30) days’ written notice given to the other Party.