Examples of Retail Energy Business in a sentence
Within two (2) Business Days prior to the end of each calendar month, a projection of IDT’s cash flow for the immediately succeeding 7ninety (90)-day period, such projections to be developed by IDT in good faith and based on IDT’s best judgment as to the performance of the Approved Retail Energy Business during such period.
The purpose of this Agreement is to establish a relationship between the Parties whereby the BP Parties will sell and deliver to IDT, and IDT will purchase and receive from the BP Parties, Energy, Natural Gas, Related Services (including without limitation ISO-related services), and Financial Products that IDT uses in connection with the Approved Retail Energy Business, all as described more fully herein.
Engage, or permit any Subsidiary to engage, in any business other than the Retail Energy Business, except to such extent as would not be material to the Reliant Retail Obligors taken as a whole.
Own or have access to (through arm’s length service contracts including the IT Service Agreement and the Reliant Parent Services Agreement if the same are then in effect), at all times, the Information Technology Systems necessary to run the Retail Energy Business, including Information Technology Systems providing capabilities consistent with the arrangements in place for the Retail Energy Business as of the Effective Date (taking into account the Transition Agreement if then in effect).
ACN shall use its commercially reasonable efforts to cause the Representatives: (i) to sell Energy Products and otherwise promote the Retail Energy Business in a manner consistent with the manner in which such products were sold for the Retail Energy Business prior to the Closing Date, and (ii) to act as agent for the sale of Energy Products exclusively for or on behalf of Buyer.
On the Effective Date, RERH Holdings and its Subsidiaries own or have access to (through arm’s length licenses and other arrangements including the IP License Agreement and the Reliant Parent Services Agreement if then in effect) the Marks necessary to run the Retail Energy Business using the “Reliant” name consistent with the arrangements in place for the Retail Energy Business as of the Effective Date (taking into account the Transition Agreement if then in effect).
The business unit comprises Residential Energy Services, which includes AGL Solar and Franchisee management (formerly part of Retail Energy), Business Energy Services, including Thermal, Solutions, Electrical and Technical (formerly part of Merchant Energy) and Distributed EnergyServices, including AGL’s portfolio of low emission and renewable generation assets (formerly part of Merchant Energy) and the newly established Digital Metering business ActiveStream.
Buyer may freely transfer the Agreement to any Person then conducting the Retail Energy Business.
No unfair labor practice complaint before the National Labor Relations Board or any similar or comparable state, local or foreign agency, no discharge or grievance before the Equal Employment Opportunity Commission and no complaint, charge or grievance of any nature before any similar or comparable state, local or foreign agency, in any case relating to the Retail Energy Business or the conduct of its business or the Acquired Assets is pending or, to Seller's knowledge, threatened.
The combination of Power Club’s experience from internal resources and the OSP will ensure that the company is set up to successfully support all functions of a Retail Energy Business and to be a highly capable service provider to customers throughout Australia.