Georgia Power Clause Samples

Georgia Power. A subsidiary of The Southern Company, Georgia Power is a regulated utility company in the business of generating, delivering, and selling electricity over most of the state. The company is committed to environmental stewardship and being a “citizen wherever we serve.” Georgia Power owns about 95,000 acres statewide, primarily associated with coal, hydro, and nuclear generating facilities, and has the authority to perform gopher tortoise population enhancement and habitat management activities at suitable selected sites on these properties. Georgia Power is also responsible for power line construction and maintenance, as well as vegetation management, on thousands of miles of power delivery right-of-way easements to ensure safety and reliability. These easements establish legal authority for the company to access the rights-of-way, and the freedom to implement best management practices to protect tortoises and tortoise habitat where applicable. The company frequently partners with state and federal natural resource agencies and conservation organizations to meet mutual goals and provide public benefits.

Georgia Power at its sole discretion, shall supply Delivered Energy (i) from the Units; or (ii) from sources other than the Units at the Delivery Points.

Georgia Power. Georgia Power may not assign this Agreement or any portion thereof to any Person other than a Creditworthy Affiliate without the prior written consent of QF.

Georgia Power. (i) commences a voluntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law or any other case or proceeding to be adjudicated a bankrupt or insolvent; (ii) consents to the entry of a decree or order for relief in respect of Georgia Power in any involuntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it; (iii) files any petition, answer or consent seeking reorganization or relief under any applicable federal or state law, which, if granted would have the effect of relieving Georgia Power of any of its obligations; (iv) consents to the filing of any petition for, or to the appointment of or the taking of possession by, a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar official of Georgia Power or for any substantial part of its property; (v) makes an assignment for the benefit of creditors; (vi) admits in writing its inability to generally pay its debts as they become due; or (vii) takes any action in furtherance of any of the foregoing.