Constructing definition
Examples of Constructing in a sentence
Further, Interconnection Customer and the Interconnected Transmission Owner each agrees to and assumes all of the rights and obligations of a Constructing Entity with respect to the facilities that each of them is responsible for constructing, as set forth in this CSA.
Each Insuring Constructing Entity shall be responsible for its respective deductibles or retentions.
The Indemnified Person shall be entitled, at its expense, to participate in any action, suit or proceeding, the defense of which has been assumed by the indemnifying Constructing Entity.
For any period of time that a Constructing Entity’s senior secured debt is unrated by Standard & Poor’s or is rated at less than investment grade by Standard & Poor’s, it shall comply with the insurance requirements applicable to it under this Section 11.
In such instances, the indemnifying Constructing Entity shall only be required to pay the fees and expenses of one additional attorney to represent an Indemnified Person or Indemnified Persons having such differing or additional legal defenses.
Each Constructing Entity shall cooperate in good faith with the other Construction Parties in Transmission Provider’s efforts to facilitate resolution of disputes.
Transmission Provider shall keep itself apprised of the status of the Constructing Entities’ construction-related activities and, upon request of either of them, Transmission Provider shall meet with the Constructing Entities separately or together to assist them in resolving issues between them regarding their respective activities, rights and obligations under this Appendix 2 to this CSA.
The Indemnified Person shall cooperate with the indemnifying Constructing Entity with respect to the matter for which indemnification is claimed.
In accord with Good Utility Practice, each Constructing Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor.
The indemnifying Constructing Entity shall have the right to assume the defense thereof with counsel designated by such indemnifying Constructing Entity and reasonably satisfactory to the Indemnified Person.