NRG Sample Clauses
The NRG clause typically refers to provisions related to energy supply, purchase, or management within a contract. It outlines the obligations and rights of parties regarding the sourcing, delivery, or use of energy resources, such as specifying minimum purchase requirements, delivery schedules, or quality standards for energy supplied. This clause ensures that both parties have clear expectations regarding energy transactions, reducing the risk of disputes and ensuring reliable energy supply or compliance with regulatory requirements.
NRG. NRG shall be entitled to contest, compromise and settle any adjustment that is proposed, asserted or assessed pursuant to any Tax Proceeding with respect to any Income Tax Return relating to GenOn if the majority of the Taxes at issue in such Tax Proceeding are NRG Taxes or Taxes for which NRG is otherwise responsible; provided, that to the extent that such Tax Proceeding also relates to GenOn Taxes or would reasonably be expected to materially adversely affect the Tax position of any GenOn Entity for any Post-Closing Tax Period, NRG shall (i) keep GenOn informed in a timely manner of the material actions proposed to be taken by NRG with respect to such Tax Proceeding, (ii) permit GenOn at its own expense to participate in the aspects of such Tax Proceeding that relate to GenOn Taxes or the tax position of GenOn for any Post-Closing Tax Period and (iii) not settle any aspect of such Tax Proceeding that relates to GenOn Taxes or the tax position of GenOn for any Post-Closing Tax Period without the prior written consent of GenOn, which shall not be unreasonably withheld, delayed or conditioned; provided, further, that GenOn’s rights and NRG’s obligations set forth above shall not apply if and to the extent that GenOn elects in writing to forgo its right to indemnification in respect of GenOn Taxes that are subject of such Tax Proceeding.
NRG. On the Initial Closing Date, NRG will execute and deliver to Investor the NRG Parent Guaranty in favor of Investor, in the form of Exhibit A to the Investment Agreement.
NRG. In October 1999, NRG began participating in a pilot program initiated by the Minnesota Pollution Control Agency (MPCA) and the Office of Environmental Assistance (OEA) to heighten consumer awareness of mercury in the household waste stream. The program allows consumers to take their mercury thermometers to County Household Hazardous Waste Facilities (HHWF) across the state and exchange them for digital electronic models. NRG is promoting the program and supplying 1,500 thermometers to HHWF’s in the 11 counties serve by NRG Resource Recovery. NRG will evaluate the success of the program over the next several months.