Common use of EWG Clause in Contracts

EWG. MMC covenants that during the Term MMC shall, to the extent required to prevent MMC or any Facility from being regulated as a “Public Utility” pursuant to PUHCA or otherwise, cause MMC, as applicable, to be an EWG. During the Term, MMC shall maintain its EWG status (to the extent it is required by law to do so) and its authority to perform its obligations hereunder.

Appears in 2 contracts

Sources: Scheduling and Asset Optimization Services Agreement (MMC Energy, Inc.), Scheduling and Asset Optimization Services Agreement (MMC Energy, Inc.)

EWG. MMC covenants that during the Term MMC shall, to the extent required to prevent MMC or any Facility from being regulated as a "Public Utility" pursuant to PUHCA or otherwise, cause MMC, as applicable, to be an EWG. During the Term, MMC shall maintain its EWG status (to the extent it is required by law to do so) and its authority to perform its obligations hereunder.

Appears in 1 contract

Sources: Scheduling and Asset Optimization Services Agreement (MMC Energy, Inc.)