Application Provisions Sample Clauses
The Application Provisions clause defines the scope and manner in which the terms of an agreement are to be applied. It typically outlines which parties, transactions, or circumstances the contract covers, and may specify any exceptions or special conditions. For example, it might clarify that the agreement applies only to certain products, services, or geographic regions. This clause ensures that all parties understand the boundaries and applicability of the contract, thereby preventing misunderstandings and disputes over its coverage.
Application Provisions. The City shall make Net Metering available to eligible Customers on a first-come, first-served basis. Single or multiple Net Metering connections to a City owned transformer, which create an imbalance that exceeds 20% of the nameplate rating, may be denied at the City’s discretion, or if approved may require system upgrades including additional transformers or other system upgrades a the Customer’s expense. The City reserves the right to restrict the amount of kW (“kilowatts”) installed per connection. The maximum allowed for Residential Customers is 8 kW. Commercial customers shall not be allowed under this policy and shall be reviewed by the City under a separate review and approval process, which may include a system impact study. Renewable Resource connection to transmission lines within the City are prohibited. WITNESS the hands and seals of the parties, the month, day and year first written above. Property Owner / Customer STATE OF UTAH ) ss. COUNTY OF WASHINGTON ) On the day of 20 , personally appeared before me, Notary Public SANTA ▇▇▇▇▇ CITY ▇▇▇▇ ▇▇▇▇▇▇, Public Works Director ATTEST: ▇▇▇▇▇ ▇▇▇▇▇▇▇, City Recorder
SECTION 1 – CUSTOMER INFORMATION
SECTION 2 – NET METERING FACILITY INFORMATION
SECTION 3 – INSTALLATION INFORMATION
SECTION 4 – CERTIFICATIONS
Application Provisions. (a) Each of Post Road and Thermo agree as follows: Any Collateral or proceeds received by any Party in connection with any Enforcement Action or other exercise of remedies or in connection with any Insolvency Proceeding involving any Obligor shall be applied:
(i) first, to the payment in full in cash of all costs and expenses of Thermo in connection with such Enforcement Action or Insolvency Proceeding;
(ii) second, to the Thermo Claim until the Payment in Full of the Thermo Claim has occurred;
(iii) third, to the payment in full in cash of costs and expenses of Post Road in connection with such Enforcement Action or Insolvency Proceeding (to the extent Post Road’s Enforcement Action or action in such Insolvency Proceeding was permitted hereunder);
(iv) fourth, to the Post Road Claim until the Payment in Full of the Post Road Claim has occurred; and
(v) fifth, to the payment in cash of the Excess Thermo Obligations until they are paid in full.
(b) Notwithstanding the foregoing, if any Enforcement Action with respect to the Collateral or any Insolvency Proceeding produces non-cash proceeds, then such non-cash proceeds shall be held by whichever Party holds a first lien on such Collateral as additional collateral and, at such time as such non-cash proceeds are monetized, shall be applied in the order of application set forth above. Post Road and Thermo shall not have any duty or obligation to dispose of such non-cash proceeds and may dispose of such non-cash proceeds or continue to hold such non-cash proceeds, in each case, in its discretion; provided, however, once all payments have be satisfied pursuant to Section 4.1(a)(i) and (ii), that any non-cash proceeds of the Post Road Senior Collateral received by Post Road may be distributed by Post Road to the other Post Road Lenders in full or partial satisfaction of the Post Road Claim, and in an amount equal to the fair market value of such non-cash proceeds or as a court of competent jurisdiction may direct pursuant to a final order in an Insolvency Proceeding, including a final order confirming a plan of reorganization in an Insolvency Proceeding.
(c) After the Payment in Full of the Post Road Claim and prior to the occurrence of the Payment in Full of the Excess Thermo Obligations, Post Road shall deliver promptly to Thermo (or its designees) any Post Road Senior Collateral or proceeds of Post Road Senior Collateral held by it in the same form as received, with any necessary endorsements or as a court of c...
Application Provisions. 5 Application provisions
(1) The amendments made by Part 1 apply in relation to:
(a) goods imported into Australia on or after the commencement of that Part; and
(b) goods imported into Australia before the commencement of that Part, where the time for working out the rate of import duty on the goods had not occurred before the commencement of that Part.
(2) The amendment made by Part 2 applies in relation to goods exported to the territory of a Party on or after the commencement of that Part (whether the goods were produced before, on or after that commencement).
Application Provisions