Gas Purchase Agreements Sample Clauses

Gas Purchase Agreements. Prior to the Flip Date, (x) enter ----------------------- into, or permit the Partnership to enter into, any Gas Purchase Agreement (l) with any of their respective Affiliates on terms that are less favorable than terms available with non-affiliated Persons or (2) which provides for the payment of burdensome liquidated damages by the Managing General Partner or the Partnership or (y) enter into, or permit the Partnership to enter into, any Gas Purchase Agreement with a term (including any renewal terms) of six months or more which (l) contains any material restrictions on assignment by the Managing General Partner or the Partnership or (2) contains any provision that would result in the termination, cancellation or suspension of such Gas Purchase Agreement upon the exercise by the Preferred Limited Partner of any of its remedies hereunder or upon the sale of the Facility.
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Gas Purchase Agreements. The Company and each Subsidiary of the Company (a) shall comply with all rate case approvals entered into by the WVPSC with respect to gas purchases, including exercising prudent gas practices and (b) shall at all times use commercially reasonable efforts to have in effect a fuel adjustment clause or a similar mechanism approved by the WVPSC by which the rates charged by the Company and its Subsidiaries are automatically adjusted to reflect variations in natural gas prices paid by the Company or any of its Subsidiaries, as the case may be. Section 9.10.
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Gas Purchase Agreements. 76 SECTION 9.
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Gas Purchase Agreements. The Borrower shall not enter into any Gas Purchase Agreement (a) with any of its Affiliates on terms that are less favorable than terms available with non-affiliated Persons or (b) which provides for the payment of burdensome liquidated damages by the Borrower. In addition, the Borrower shall not enter into any Gas Purchase Agreement with a term (including any renewal terms) of six months or more (1) if the price which the Borrower is obligated to pay for gas thereunder is fixed for a period of six months or more unless the Borrower can demonstrate to the Required Lenders reasonable satisfaction that PSE&G has entered into a gas purchase agreement or agreements (i) for a term coincidental with such Gas Purchase Agreement and (ii) with respect to a quantity of gas which bears the same proportion to PSE&G's total gas requirements for the period of such agreements as the quantity of gas subject to such Gas Purchase Agreement bears to the Facility's total gas requirements for the period of such Gas Agreement and (iii) which otherwise contains the same terms and provisions of such Gas Purchase Agreement, (2) which contains any material restrictions on assignment by the Borrower or which (3) contains any provision that would result in the termination, cancellation or suspension of such Gas Purchase Agreement upon the exercise by the Agent of any of its remedies hereunder or under the Collateral Security Documents or upon the sale of the Facility.
Sample 1

Related to Gas Purchase Agreements

  • Purchase Agreements The Sponsor has executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Sponsor Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants allocated to the Sponsor described in Section 1.4.2. The Representative has executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Representative Purchase Agreement”, together with the Sponsor Purchase Agreement, the “Purchase Agreements”), pursuant to which the Representative will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants allocated to the Representative described in Section 1.4.2. Pursuant to the Purchase Agreements, (i) the Sponsor and the Representative have waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Warrants, and (ii) certain proceeds from the sale of the Placement Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Purchase Agreements.

  • Share Purchase Agreement 33- --------------------------------------------------------------------------------

  • Stock Purchase Agreement (a) Purchaser understands and agrees that the conversion of the Note into equity securities of the Company may require such Purchaser’s execution of certain agreements (in form reasonably agreeable to a majority in interest of the Purchasers) relating to the purchase and sale of such securities as well as registration, information and voting rights, if any, relating to such equity securities.

  • Securities Purchase Agreement This Agreement and the transactions contemplated hereby have been duly and validly authorized by the Company, this Agreement has been duly executed and delivered by the Company and this Agreement, when executed and delivered by the Company, will be, a valid and binding agreement of the Company enforceable in accordance with its terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Receivables Purchase Agreement The Transferor, in its capacity as purchaser of Receivables from the RPA Seller under the Receivables Purchase Agreement, shall enforce the covenants and agreements of the RPA Seller as set forth in the Receivables Purchase Agreement, including its agreement to designate Additional Accounts as and when required in order for the Transferor to fulfill its undertakings in Section 2.06. The Transferor shall not amend, waive or otherwise modify the Receivables Purchase Agreement except in accordance with its terms.

  • Repurchase Agreements With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

  • Founder’s Purchase Agreement The Founder’s Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

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