Common use of Dedication of Facilities Clause in Contracts

Dedication of Facilities. No undertaking by one Party to the other Party under this Agreement shall constitute the dedication of the electric system or any portion thereof by the undertaking Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of such Party's obligations under this Agreement.

Appears in 2 contracts

Samples: Economic Development Rate Agreement, Economic Development Rate Agreement

AutoNDA by SimpleDocs

Dedication of Facilities. No Any undertaking by one Party to the other another Party under any provision of this Agreement shall not constitute the dedication of the electric system or any portion thereof by of the undertaking Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of such Party's obligations under this Agreement. 19.

Appears in 1 contract

Samples: Counterparty Guarantee Agreement (Nevada Power Co)

Dedication of Facilities. No Any undertaking by one Party to the other another Party under any provision of this Agreement shall not constitute the permanent dedication of the electric system or any portion thereof by of the undertaking Party to the public other Party or to the other Partyits members, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of such Party's obligations under this Agreement.. 

Appears in 1 contract

Samples: Operations Agreement (Chugach Electric Association Inc)

AutoNDA by SimpleDocs

Dedication of Facilities. No Any undertaking by one Party to the other another Party under any provision of this Agreement shall not constitute the permanent dedication of the electric system or any portion thereof by of the undertaking Party to the public other Party or to the other Partyits members, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of such Party's ’s obligations under this Agreement.. 

Appears in 1 contract

Samples: Operations Agreement (Chugach Electric Association Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.