Examples of Standard Offer Provider in a sentence
The standard offer provider is paid its accepted bid price less the applicable fixed percentage amount for uncollectible revenue as specified in Exhibit A to Standard Offer Provider Agreement (Appendix C).
The following methodology will be utilized by the Company in determining Customer's payment obligations for (i) transmission and distribution service provided by the Company and (ii) electric generation service provided by either the Standard Offer Provider or the Customer’s Competitive Electricity Provider.
Any Facility usage that is not covered by the application of Unused Credits shall be paid for by the Project Sponsor under the Company’s applicable Electric Delivery Rate Schedules and Terms and Conditions on file with the Maine Public Utilities Commission, as well as the Project Sponsor being responsible to pay for the applicable generation service provided by either the Standard Offer Provider or the Facility’s Competitive Electricity Provider.
Guarantor’s performance of its payment obligation hereunder shall not be affected by or conditioned upon any indemnity, contribution or reimbursement by any other party directly or indirectly liable for obligations of [Standard Offer Provider].
It is recommended that the Department of Health and Wellness, in collaboration with the Home Care Network, re‐examine the funding model by which home support agencies are funded to deliver services in the province to ensure the system is sustainable, and reflects the actual cost of providing care.
This Guaranty unconditionally obligates the Guarantor to pay all obligations of [Standard Offer Provider] for the payment of the additional costs of replacement standard offer service as long as such amounts do not exceed the total amount of this Guaranty.
The Guarantor shall not be liable for any costs of the Commission or Beneficiary pursuant to this provision if a court determines that [Standard Offer Provider] did not have an obligation to pay the additional costs of replacement standard offer service.
Guarantor does reserve the right to assert defenses, rights of setoff and counterclaims that [Standard Offer Provider] may have to payment arising out of the obligation to provide standard offer service other than defenses arising from the bankruptcy or insolvency of [Standard Offer Provider] and other defenses expressly waived herein.
This Guaranty is written in accordance with Chapter 301of the rules of the Commission to ensure compliance with applicable provisions of that Chapter and of Maine statutes by [Standard Offer Provider], and to ensure the provision of standard offer service in accordance with Maine rules and statutes.
The uncollectible percentage is specified in Exhibit A to the Standard Offer Provider Agreement (Appendix C) and will remain fixed for the provider’s term of service.