Examples of Sandow Unit 5 in a sentence
The Borrower shall provide notice to the Administrative Agent within 30 days after each of Oak Grove Xxxx 0, Xxx Xxxxx Xxxx 0 and Sandow Unit 5 achieves a 70% capacity factor for one full fiscal quarter.
While the Common Facilities Agreement terminates on the date that the Unit 4 Agreement terminates or expires in accordance with its terms, it is important to note that Sandow Unit 5 directly benefits from the Common Facilities Agreement.
However, because Alcoa was unable to meet the requirement to begin operating Sandow Unit 5 by April 2007 or several other construction-related deadlines, it was necessary to seek an amendment to the Consent Decree to resolve Alcoa’s violations of those requirements in the Consent Decree.
Also pursuant to the Consent Decree, Alcoa elected to construct a replacement unit (“ Sandow Unit 5”), which the Consent Decree required to be operational by April 2007.Alcoa tried, unsuccessfully, to find a third party to construct Sandow Unit 5 from 2003 to 2005.
In connectionwith the Consent Decree, TCEH indemnifies Alcoa for certain claims and damages relating to certain obligations of Sandow Power with respect to Sandow Unit 5.
Originally, this agreement set forth terms governing the design, construction, ownership, and operation of Sandow Unit 5 and provided for Alcoa to supply the lignite that powers Sandow Unit 5.
The Unit 5 Agreement has since been amended, in conjunction with the Lignite Ownership Agreement and the Contract Mining Agreement (as described below), to transfer to Sandow Power the responsibility for supplying lignite to Sandow Unit 5.
This agreement establishes the ownership of the interests in the lignite reserves in the Three Oaks Mine—Alcoa owns the lignite supplied to Sandow Unit 4 pursuant to the terms of the Unit 4 Agreement, and Sandow Power owns the lignite supplied to Sandow Unit 5 pursuant to the terms of the Unit 5 Agreement.
This agreement clarifies the ownership interests and duties of Alcoa, Luminant Generation, and Sandow Power with respect to various common areas at the Rockdale Facility used in connection with the operations of Sandow Unit 4 and Sandow Unit 5.
The Debtor Parties proceeded to construct Sandow Unit 5, which began commercial operation in 2010.