LRAM Execution Sample Clauses

The LRAM Execution clause defines the procedures and requirements for carrying out transactions or operations under a Local Resource Adequacy Mechanism (LRAM) framework. Typically, this clause outlines the steps parties must follow to schedule, confirm, and settle resource adequacy transactions, including timelines, documentation, and communication protocols. For example, it may specify how resources are nominated, how performance is measured, and what happens in the event of non-performance. The core function of this clause is to ensure that all parties understand and adhere to the agreed-upon process for executing LRAM transactions, thereby reducing the risk of disputes and ensuring reliable resource adequacy compliance.
LRAM Execution. The Contractor shall conduct LRAM projects. The Contractor shall coordinate the scheduling and execution of LRAM projects with the Government. Schedules and execution of LRAM projects will be approved by the Government based on the availability of training lands and ranges and as weather conditions allows.
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Related to LRAM Execution

  • Fax Execution This Agreement may be executed by delivery of executed signature pages by fax and such fax execution will be effective for all purposes.

  • Valid Execution This Agreement has been duly executed and delivered by the Company.

  • Due Execution This Agreement has been duly executed and delivered by such party and, with due authorization, execution and delivery by the other party, constitutes a legal, valid and binding obligation of such party, enforceable against such party in accordance with its terms.

  • Execution This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to each other party, it being understood that the parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original thereof.

  • Authorization, Execution and Delivery of this Agreement This Agreement has been duly authorized, executed and delivered by each of the Partnership Parties.