Examples of XXXX Supplier in a sentence
If the XXXX Supplier is rated by three rating agencies, and the ratings are split, the lower of the two highest ratings will be used; provided that, in the event that the two highest ratings are common, such common rating will be used.
If the XXXX Supplier is rated by only two rating agencies, and the ratings are split, the higher rating will be used.
The Companies shall not be required to provide to any XXXX Supplier any load forecasting services.
The XXXX Supplier acknowledges and agrees that it will cooperate with the Companies, PJM and the applicable balancing authority and reliability coordinator so that the Companies will be in compliance with all PJM emergency operations procedures, which include procedures pertaining to minimum and maximum generation Emergencies, and measures requiring involuntary Customer participation, such as supply voltage reduction or full interruption of Customer load by either manual or automatic means.
During the Delivery Period, the Companies shall purchase and accept XXXX Supply provided by a XXXX Supplier pursuant to Section 2.1.
The ICR under this Agreement for the XXXX Supplier is the ICRT times the number of Tranches shown in Appendix A.
The Companies and the XXXX Supplier may agree at any time during the Term to terminate their respective rights and obligations hereunder on such terms and under such conditions as they mutually deem to be appropriate as set forth in a mutual termination agreement acceptable in form and substance to the Companies and such XXXX Supplier.
If the Termination Payment has been retained by the Companies as security for additional amounts that may be determined to be due and owing by the XXXX Supplier, and if, upon making a final determination of Default Damages and payment therefor, the Termination Payment, or any portion thereof, is to be made to the XXXX Supplier, the Companies will pay simple interest on the Termination Payment amount being made to the XXXX Supplier for the period of such retention.
If applicable, each Billing Month the XXXX Supplier will prepare a statement of interest amounts due from the Companies.
The Independent Credit Requirement (“ICR”) per Tranche (“ICRT”) that will be required of the XXXX Supplier under this Agreement will initially be $1,800,000 per Tranche and will decline throughout the Term in accordance with the schedule set forth on Appendix B-1.