Transaction Term means the period commencing on the Settlement Date and terminating on, and including, the Maturity Date.
Transaction Term. This Sales Confirmation shall be effective on the Confirmation Effective Date and service shall commence at the Contract Price on the Utility Transfer Date immediately on or following the Start Date. Service shall remain in effect at the Contract Price through the Utility Transfer Date immediately on or following the End Date, but in no event later than the end of the July 2025 Billing Cycle. Customer’s options for service beyond the Utility Transfer Date immediately following the End Date, if Engie and P4S have executed an amended and extended Affinity Agreement, include: i) executing an agreement with ENGIE for new terms and conditions of service, ii) transferring to another competitive supplier or iii) providing a written request to ENGIE to transfer Customer's accounts to the default service provider. In the event Customer does not timely exercise one of the options specified, ENGIE shall submit a request to Customer’s utility as promptly as possible to transfer Customer’s service to the applicable default service provider, in accordance with the utility guidelines and subject to utility timelines. Service by ENGIE shall continue until such utility transfer(s) are complete (the “Post-Term Period”). For service during the Post-Term Period, Customer shall pay an amount equal to the applicable real time index price as posted by the ISO for the relevant delivery point, plus a per kWh Post-Term Charge, plus all non-utility charges, including ancillary services, losses, costs, and all other ISO charges or administrative fees incurred in connection with delivery of energy. Taxes and Utility Related Charges are additional and are separately listed in the Customer invoice. The Post-Term Charge is $0.006/kWh charge of electric energy consumed. The Post- Term Charge may include a broker fee. Contract Price: Customer shall pay ENGIE the applicable Contract Price as specified in Attachment A, Exhibit 1 per kWh of electric energy consumed in a Billing Cycle, multiplied by the Loss Multiplier factor specified in Attachment A, Exhibit 1. The Contract Price includes a broker fee. The Contract Price does not include Taxes or Utility Related Charges.
Examples of Transaction Term in a sentence
If Customer cancels this Agreement prior to the Start Date, terminates or discontinues service, switches service to another supplier, or transfers service to the default service provider during the Transaction Term, Customer will be charged an Early Termination Fee equal to the Contract Price less the Current Market Price multiplied by the amount of electric energy supply Customer failed to consume calculated based on historical usage.
Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to them in the Transaction Term Sheet.
Notwithstanding anything else in this Agreement to the contrary, in the event of any inconsistency between this Agreement and the Transaction Term Sheet (including the attachments thereto, as applicable), the Transaction Term Sheet (including the attachments thereto, as applicable) shall control.
On and subject to the terms and conditions hereof, the Credit Parties shall conduct the Rights Offering pursuant to, and in accordance with, the Offering Memorandum, this Agreement, and the Restructuring Support Agreement, including the Transaction Term Sheet.
In the event of any conflict among the terms and provisions of (i) the Amendment Term Sheet and (ii) the Transaction Term Sheet, the terms and provisions of the Amendment Term Sheet shall control.
More Definitions of Transaction Term
Transaction Term means the time interval between the date of the conclusion of the Transaction and the Value Date of the execution of the corresponding Forward Transaction or the secondary Swap Transaction;
Transaction Term unless earlier terminated, the Base Term and, if General Partner causes Partnership to exercise its option to renew the O&M Agreement and Services Agreement pursuant to Sections 22.2 and 12.3, respectively, thereof, the Renewal Term.
Transaction Term means, for a Transaction, the period from the start of the first Trading Period covered by the Transaction until the time the Transaction expires or is terminated; and
Transaction Term. This Sales Confirmation shall be effective on the Confirmation Effective Date and service shall commence at the Contract Price on the Utility Transfer Date immediately on or following the Start Date. Service shall remain in effect at the Contract Price through the Utility Transfer Date immediately on or following the End Date, but in no event later than the end of the Billing Cycle including such date. Customer’s options for service beyond the Utility Transfer Date immediately following the End Date include: i) executing an agreement with ENGIE for new terms and conditions of service, ii) transferring to another competitive supplier or iii) providing a written request to ENGIE to transfer Customer's accounts to the default service provider. In the event Customer does not exercise an option prior to the End Date, ENGIE may continue providing post-term service on a month-to-month Full Swing Transaction: Customer’s electricity consumption is variable and is not subject to a maximum or minimum usage limit. Contract Price: Customer shall pay ENGIE the applicable Contract Price as specified in Attachment A, Exhibit 1 per kWh of electric energy consumed in a Billing Cycle.
Transaction Term. This Sales Confirmation shall be effective on the Confirmation Effective Date and service shall commence at the Contract Price on the Utility Transfer Date immediately on or following the Start Date. Service shall remain in effect at the Contract Price through the Utility Transfer Date immediately on or following the End Date, but in no event later than the end of the January 2022 Billing Cycle. Customer’s options for service beyond the Utility Transfer Date immediately following the End Date include: i) if Engie and P4S has amended and extended the Affinity Agreement, executing an agreement with ENGIE for new terms and conditions of service or ii) transferring to another competitive supplier. In the event Customer does not timely exercise one of the options specified, ENGIE shall submit a request to Customer’s utility to transfer Customer’s service to the applicable default service provider, in accordance with the utility guidelines. In the event the utility does not timely transfer Customer’s account(s) to default service by the Utility Transfer Date immediately following the End Date, service by ENGIE shall continue until such transfer(s) are complete. For service after the End Date but prior to the transfer to default service, Customer shall pay ENGIE the real-time index price, plus a per kWh post-term charge, plus any applicable non-utility charges, and other ISO charges or administrative fees. Taxes and Utility Related Charges are additional. Full Swing Transaction: Customer’s electricity consumption is variable and not subject to a maximum or minimum usage limit. Contract Price: Customer shall pay ENGIE the applicable Contract Price as specified in Attachment A, Exhibit 1 per kWh of electric energy consumed in a Billing Cycle, multiplied by the Loss Multiplier factor specified in Attachment A, Exhibit 1. The Contract Price includes a broker fee. The Contract Price does not include Taxes or Utility Related Charges.
Transaction Term means the term set forth in the Transaction Document.