Examples of Utility Purchase Agreement in a sentence
Each customer (“Customer”) of PWC shall execute a Utility Purchase Agreement (“UPA”).
On 18 February 2016, the Company and Xianyang IRICO entered into the Utility Purchase Agreement to regulate the purchase of electricity by the Company from Xianyang IRICO for the three years ending 31 December 2018.
ESD shall take actions reasonably appropriate to support consummation of the Utility Purchase as contemplated by the Amended Utility Purchase Agreement and the ESD-RED Agreement.
Subject to the satisfaction or waiver of the applicable conditions in the Amended Utility Purchase Agreement, at the closing of the Utility Purchase, Kodak shall direct from the proceeds thereof $8,500,000 to DEC to be irrevocably held in trust for RCRA financial assurances.
Conditions precedent: The Utility Purchase Agreement is conditional upon theresolution regarding the Utility Purchase Agreement and the transactions contemplated thereunder (including the proposed annual caps) being approved by the Independent Shareholders at the EGM.
Without the written consent of the Company, Xianyang IRICO shall not unilaterally terminate the Utility Purchase Agreement.
The Utility Purchase Agreement can be terminated by the Company by giving at least three months’ prior written notice to Xianyang IRICO.
DateDetails of Agreements Entered IntoYear 2016January 20161 January 2016 The Company entered into the Power and Public Utility Purchase Agreement with Vencorex (Thailand) Co., Ltd., which is located in Hemaraj Industrial Estate with a term of 15 years for the purchase of2.7 MW of electricity, 3 tons-per-hour of steam, 3 tons-per-hour of spare steam, and 1 cubic meter-per-hour of industrial water.May 201618 May 2016 The Company acquired Class C preferred shares of 24M Technologies, Inc.
The Trustee is hereby requested to execute and deliver the Series 2013 Obligations, the First Utility Purchase Agreement and the First Utility Trust Agreement to accomplish the purposes hereof.
In assessing the fairness and reasonableness of the proposed annual caps for the sum to be paid under the Utility Purchase Agreement, we have discussed with the management of the Group the bases and assumptions underlying the projections of such proposed annual caps.