Wholesale Power Contracts definition

Wholesale Power Contracts means the Amended and Restated Wholesale Power Contracts, each dated as of January 1, 2003, by and between the Borrower and its members, as amended by the First Amendments to Amended and Restated Wholesale Power Contracts, each dated as of June 1, 2005, and all amendments, supplements or replacements thereto or thereof.
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Wholesale Power Contracts means those certain contracts listed on Schedule 5.22 hereto for electric service between the Borrower and each of its Members and any future Members of the Borrower, as each may be amended, restated or supplemented from time to time.
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Wholesale Power Contracts means, collectively, (a) each Second Amended and Restated Wholesale Power Contract, effective as of January 1, 2009, between ODEC and a Member, and (b) each other contract and agreement of substantially similar terms and conditions from time to time entered into between ODEC and a Member providing for the sale by ODEC to such Member of electric power and energy on a requirements basis.
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Examples of Wholesale Power Contracts in a sentence

  • Comply in all material respects with the requirements of the Indenture and the Wholesale Power Contracts except in such instances in which (a) such requirement is being disputed in good faith by appropriate proceedings diligently conducted; or (b) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Each of the Wholesale Power Contracts is in full force and effect.

  • Attached hereto as Schedule 3.14 is a complete and correct list of all the Wholesale Power Contracts in existence on the date hereof.

  • In compliance with Section 3.3.1 of the Wholesale Power Contracts, prior to becoming obligated under the Owner Documents to make expenditures for construction of Borrower’s Undivided Interest, Borrower obtained the consent of at least 75 % of its Members and Members holding at least 75% of the patronage capital of Borrower, and 75% of the board of directors of Borrower, and Members subscribed for 100% of the PCRs (as defined in the Wholesale Power Contracts) of Borrower’s Undivided Interest.

  • ODEC’s Wholesale Power Contracts (“WPCs”) with each of its 11 member distribution cooperatives are on file with the Commission.42 The WPCs obligate ODEC to sell to the member and each member to purchase from ODEC.

  • Under the Trustee’s plan of reorganization, Southern will retain ownership of Highwood Generating Station and the Wholesale Power Contracts between Southern and its members will be assumed pursuant to 11 U.S.C §§ 365 and 1123, unless other satisfactory arrangements are agreed to by the Trustee and any of the members and approved by the Court.

  • Subject to any subsequent amendments or other changes by OPC's Board of Directors (and all necessary approvals thereof), the interim rate, OPC-15ir, approved and adopted by OPC's Board of Directors at its meeting on December 4, 1995 and currently applicable under the Existing Wholesale Power Contracts, shall continue in effect in accordance with its terms until the earlier of the Effective Date or December 31, 1996.

  • RUS delivered a letter to Borrower, dated June 3, 2008, confirming that RUS had no objection to such acquisition, provided there was full subscription by Borrower’s members to Borrower’s Undivided Interest under the Wholesale Power Contracts.

  • The Borrower will not terminate early, and will not consent to the early termination of, any one or more Wholesale Power Contracts that, individually or in the aggregate, represent 20% or more of the Borrower’s revenue base.

  • The Member Wholesale Power Contracts and Direct Serve Contracts are legal, valid and binding upon the Borrower and enforceable against the Borrower in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity.


More Definitions of Wholesale Power Contracts

Wholesale Power Contracts has the meaning set forth in Section 2.2(c). -00- 000 Xxxxxxxx and Sale Agreement --------------------------- *****
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Wholesale Power Contracts means, collectively, (a) the contracts and agreements (together with the amendments and supplements thereto) identified in Schedule IV and all successor or replacement contracts and agreements thereto or thereof and (b) each other contract and agreement from time to time entered into between the Borrower and a Member providing for the sale of electric power and energy by the Borrower to such Member, excluding the Direct Serve Contracts.
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Wholesale Power Contracts means those certain contracts and agreements (together with all amendments and supplements thereto) between the Borrower and each of the Members providing for the sale of electric power and energy by the Borrower to such Member.
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Wholesale Power Contracts. The Amended and Restated Wholesale Power Contracts, each dated as of January 1, 2003, by and between the Borrower and each of its Members other than Flint Electric Membership Corporation, as amended by the First Amendments to Amended and Restated Wholesale Power Contracts, each dated as of June 1, 2005, by and between the Borrower and each of its Members other than Flint Electric Membership Corporation, and the Wholesale Power Contract, dated as of November 1, 2009, by and between the Borrower and Flint Electric Membership Corporation. Exhibit B to Loan Guarantee Agreement
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Wholesale Power Contracts means those certain contracts and agreements (together with all amendments and supplements thereto) between the Borrower and each of the Members providing for the sale of electric power and energy by the Borrower to such Member. “Withholding Agent” means the Borrower and the Administrative Agent.
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Wholesale Power Contracts means those certain contracts and agreements (together with all amendments and supplements thereto) between the Borrower and each of the Members providing for the sale of electric power and energy by the Borrower to such Member. “Withholding Agent” means the Borrower and the Administrative Agent. “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule., and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities, or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it, or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.
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Related to Wholesale Power Contracts

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Retained Contracts shall have the meaning set forth in Section 1.2(i).

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Business Licenses has the meaning ascribed to it in Section 1.01(a)(x).

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Other Contracts shall have the meaning set forth in Section 9.1.