MMC Bilateral Transactions Sample Clauses

MMC Bilateral Transactions. In the event that MMC receives an offer for a bilateral Power or Capacity transaction from a Third Party, it shall provide Energy Manager with sufficient information regarding such offer, including any and all written terms and prices, and shall provide Energy Manager with at least [***] to respond with an offer which is at least equivalent to such Third Party offer. If Energy Manager does not respond or rejects such right of first refusal from MMC, MMC may directly and independently enter into such bilateral Power or Capacity transaction (an “MMC Bilateral Transaction”), Energy Manager shall coordinate the dispatch of Power in connection with such bilateral transaction and may, at its discretion, elect to provide Gas Management Services in connection with such bilateral transaction and in the same manner and scope contemplated under this Agreement; provided, however, that promptly upon execution of a bilateral transaction with a Third Party, MMC shall furnish Energy Manager with: copies of documentation implementing such bilateral transaction; and provided, further, that (x) any Power Revenues and Gas Revenues shall be included in the calculation of Total Gross Margin for such month and (y) the Parties have reached agreement on the fee, if any, due to Energy Manager for the provision of such additional services.
Sample 1
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MMC Bilateral Transactions. In the event that MMC directly and independently enters into a bilateral Power or Capacity transaction between MMC and a Third Party (an “MMC Bilateral Transaction”), Energy Manager shall coordinate the dispatch of Power in connection with such bilateral transaction and may, at its discretion, elect to provide Gas Management Services in connection with such bilateral transaction and in the same manner and scope contemplated under this Agreement; provided, however, that promptly upon execution of a bilateral transaction with a Third Party, MMC shall furnish Energy Manager with: (i) copies of documentation implementing such bilateral transaction; and (ii) written authority for Energy Manager to act on MMC’s behalf in connection with such transaction; and provided, further, that the Parties have reached agreement on the fee, if any, due to Energy Manager for the provision of such additional services.
Sample 1

Related to MMC Bilateral Transactions

  • Manual Transactions If there are technical problems with Fund/SERV, or if the parties are not able to transmit or receive information through Fund/SERV, any corrections to the fund prices should be communicated by facsimile or by electronic transmission acceptable to Transfer Agent, and will include for each day on which an adjustment has occurred the incorrect Fund price, the correct price, and, to the extent communicated to the applicable Fund’s shareholders, the reason for the adjustment. Funds and Transfer Agent agree that the Insurance Company may send this notification or a derivation thereof (so long as such derivation is approved in advance by Funds or AFD, as applicable) to Contractholders whose accounts are affected by the adjustment.

  • Unusual Transactions All Accounts have been originated by the Grantors and all Inventory has been acquired by the Grantors in the ordinary course of business.

  • Material Transactions Not enter into any transaction material in nature or amount without the prior written consent of Buyer, except for transactions in the ordinary course of business;

  • Principal Transactions In connection with purchases or sales of securities for the account of a Fund, neither the Adviser nor any of its directors, officers or employees will act as a principal or agent or receive any commission except as permitted by the 1940 Act.

  • Non-Arm’s Length Transactions To the knowledge of the Company, after due inquiry, except as disclosed in writing to the Underwriters or in the U.S. Prospectus and the Canadian Prospectus, neither the Company nor any subsidiary is a party to any contract, agreement or understanding with any officer, director, employee or any other person not dealing at arm's length with the Company or any subsidiary which is required to be disclosed by applicable Canadian Securities Laws.

  • Arm’s Length Transactions During the term of this Agreement, all transactions and dealings between the Trust Depositor and its Affiliates will be conducted on an arm’s-length basis.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Lateral Transfers Employees may request to be transferred to a vacant position within their classification in another division of the Public Works Department and may be transferred pursuant to such request with the written approval of their division head, the involved appointing authority and the Employer's Director, Labor Relations. Such transferred employees shall serve a three (3) month probationary period in the new position. If removed by the appointing authority during the probationary period, the involved employee shall be reassigned to a vacant position within the classification or, if none is available, to their previous position.

  • Additional Transactions If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 3,000,000 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from Field Services the number of Common Units issued upon such exercise.

  • Lateral Transfer Employees may request to be transferred to a vacant position in another job classification at the same MCSC Grade level provided they meet the minimum qualifications for the position.

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