Examples of Sleeve Provider in a sentence
In connection with each adjustment to the Counterparty Limitations described in this paragraph, the Sleeve Provider shall promptly provide an updated Exhibit B reflecting such adjustment to REPS.
In the event that data provided by ERCOT is omitted or incomplete for any day(s) of the subject month REPS shall provide an Omission Estimate for each day to be used for settlement calculation subject to review and approval by the Sleeve Provider.
The Reliant Retail Obligors have disclosed to the Sleeve Provider all agreements, instruments and corporate or other restrictions to which the Reliant Retail Obligors are subject, and all other matters known to it (other than general industry, political, and economic conditions), that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.
The Sleeve Provider shall notify REPS of the Dollar amount paid by the Xxxxxxx Parties as a result of such demand or the Dollar amount of Xxxxxxx Collateral relating to such Collateral Foreclosure, as applicable, and the date on which payment was made by a Xxxxxxx Party in respect of such demand or the date on which such Collateral Foreclosure occurred, as applicable (any such date, a “Capital Outlay Date”).
On each day in which REPS is permitted to value exposure or make any other determination in respect of collateral to be posted by or to the Sleeve Provider in connection with any posting obligation that the Sleeve Provide has agreed to undertake in connection with this Agreement, REPS shall make such valuation or determination in good faith and in a commercially reasonable manner.
Following a Failure to Pay or Post or other material event of default (howsoever defined), a Bankruptcy Event or a Downgrade Event in respect of such Other Accepted Counterparty, the Sleeve Provider shall have the right by written notice to REPS to adjust the Counterparty Limitations applicable to such Other Accepted Counterparty, as determined by the Sleeve Provider in its commercially reasonable discretion.
REPS shall communicate directly with each Accepted Counterparty and, unless requested by REPS, the Sleeve Provider may not communicate directly with any Accepted Counterparty in connection with such negotiation.
Following a Failure to Pay or Post or a Bankruptcy Event in respect of a Core Accepted Counterparty, the Sleeve Provider shall have the right by written notice to REPS to make adjustments to the Counterparty Limitations applicable to such Core Accepted Counterparty, as determined by the Sleeve Provider in its commercially reasonable discretion.
Modifications from the form Power and Hedging Contract, Credit Support Agreement and ML Guarantee attached to this Agreement (as Exhibits C, D and A, respectively) shall require the consent of the Xxxxxxx Parties, not to be unreasonably withheld or delayed; provided that consent shall be deemed given with respect to the items provided on Schedule 2.02(a) if not objected to by the Sleeve Provider within one (1) Business Day of the receipt of the related proposed modification.
Provide, or permit any of its Subsidiaries to provide, commercial revenue generating services in retail electric markets except for such services described in Schedule 7.14 and such services consented to by the Sleeve Provider, which consent will not be unreasonably withheld or delayed.