Ocean Transit Sample Clauses

Ocean Transit. Seller shall take reasonable action to ensure that the risk of loss or damage to any material items of equipment which are subject to ocean transit is adequately protected against by the terms of delivery from contractors or suppliers of such equipment or Seller's own insurance coverage.
View SourceView Similar (35)
Ocean Transit. Seller shall take reasonable action to ensure that the risk of loss or damage to any material items of equipment which are subject to ocean transit is adequately protected against by the terms of delivery from contractors or suppliers of such equipment or Seller’s own insurance coverage. (See Section 3.2(A)(7)) Any capitalized terms used in this report which are not defined herein shall have the meaning ascribed to them in the Amended and Restated Power Purchase Agreement for Firm Capacity Renewable Dispatchable Generation by and between Puna Geothermal Venture ("Seller") and Hawaii Electric Light Company, Inc. (“Company”) dated December 30, 2019 (the "Agreement"). In addition to the remedial action plan requirement set forth in Section 2.3(B)(1) of the Agreement, Seller shall review the status of each Condition Precedent and Milestone of the schedule (the "Schedule") for the Facility and identify such matters referenced in clauses (i)-(v) below as known to Seller and which in Seller's reasonable judgment are expected to adversely affect the Schedule, and with respect to any such matters, shall state the actions which Seller intends to take to ensure that the Conditions Precedent and Milestones will be attained by their required dates. Such matters may include, but shall not be limited to: (i) Any material matter or issue arising in connection with a Permit, or compliance therewith, with respect to which there is an actual or threatened dispute over the interpretation of a law, actual or threatened opposition to the granting of a necessary Permit, any organized public opposition, any action or expenditure required for compliance or obtaining approval that Seller is unwilling to take or make, or in each case which could reasonably be expected to materially threaten or prevent financing of the Facility, attaining any Condition Precedent or Milestone, or obtaining any contemplated agreements with other parties which are necessary for attaining any Condition Precedent or Milestone or which otherwise reasonably could be expected to materially threaten Seller's ability to attain any Condition Precedent or Milestone. (ii) Any development or event in the financial markets or the independent power industry, any change in taxation or accounting standards or practices or in Seller's business or prospects which reasonably could be expected to materially threaten financing of the Facility, attainment of any Condition Precedent or Milestone or materially threaten any co...
View SourceView Similar (2)
Ocean Transit. Subscriber Organization shall take reasonable action to ensure that the risk of loss or damage to any material items of equipment which are subject to ocean transit is adequately protected against by the terms of delivery from contractors or suppliers of such equipment or Subscriber Organization's own insurance coverage.
View Source
Ocean Transit. SELLER shall take reasonable action to ensure that the ------------- risk of loss or damage to any material items of equipment which are subject to ocean transit is adequately protected against by the terms of delivery from contractors or suppliers of such equipment or SELLER's own insurance coverage. ATTACHMENT K CALCULATION OF RAMP DERATING PENALTY (See Section 8.1C) Example: Capacity Charge Rate $0.01981/kWh Unit capacity 25 MW Unit capacity during ramp derating period 21.5 MW Ramp derating 3.5 MW Duration of ramp derating period 48 hours Penalty = $0.01981/kWh x 3,500 x 48 = $0.01981 x 3,500 x 48 = $3,328.08 ATTACHMENT L CAPACITY TESTING PROCEDURES (See Section 3.2C(22)) I. Initial Acceptance Tests ------------------------ A. When Phase 1 and Phase 2 of the Facility are ready for their respective Initial Acceptance Test, SELLER shall notify HELCO at least seven (7) days prior to such test and shall coordinate with HELCO. SELLER shall perform and HELCO shall monitor such test no earlier than seven (7) days of HELCO's receipt of such notice. B. The Initial Acceptance Test shall be performed for each of Phase 1 and Phase 2 as follows: (1) The test shall last for forty-eight (48) hours and shall be scheduled on the start-up plan provided by SELLER to HELCO in accordance with Section 5.1. (2) During the test period, the Facility shall operate in accordance with the Dispatch instructions of HELCO's System Operator, subject in all cases to Good Engineering and Operating Practices and the safety and design limits of the Facility as specified by the applicable equipment manufacturers. (3) If SELLER and HELCO are satisfied with the Initial Acceptance Test, Firm Capacity shall be designated by SELLER up to the minimum average capacity level that the Facility is able to sustain over a fifteen (15) minute interval in which the Facility is being dispatched at maximum capacity; provided -------- that SELLER may not without HELCO's consent, set the Firm Capacity at a level in ---- excess of the Committed Capacity. (4) If either SELLER or HELCO reasonably believes that an abnormal condition occurred which may have adversely impacted the Initial Acceptance Test, such party may request a re-test at such party's expense. (5) If, following two re-tests, the parties cannot agree that such Initial Acceptance Test produced accurate and reliable results, the parties shall hire a Qualified Independent Engineer, from the list set forth in Attachment H, to observe a third test an...
View Source

Related to Ocean Transit

  • Transit For any call originated by an end user served by a Carrier that routes through Qwest’s network and which terminates to a QLSP End User, Qwest retains its rights to ▇▇▇▇ the originating Carrier Transit charges for that call under the originating Carrier’s Agreement.

  • Trunk Group Connections and Ordering 5.2.1 For both One-Way and Two-Way Interconnection Trunks, if Onvoy wishes to use a technically feasible interface other than a DS1 or a DS3 facility at the POI, the Parties shall negotiate reasonable terms and conditions (including, without limitation, rates and implementation timeframes) for such arrangement; and, if the Parties cannot agree to such terms and conditions (including, without limitation, rates and implementation timeframes), either Party may utilize the Agreement’s dispute resolution procedures. 5.2.2 When One-Way or Two-Way Interconnection Trunks are provisioned using a DS3 interface facility, if Onvoy orders the multiplexed DS3 facilities to a Frontier Central Office that is not designated in the NECA 4 Tariff as the appropriate Intermediate Hub location (i.e., the Intermediate Hub location in the appropriate Tandem subtending area based on the LERG), and the provision of such facilities to the subject Central Office is technically feasible, the Parties shall negotiate in good faith reasonable terms and conditions (including, without limitation, rates and implementation timeframes) for such arrangement; and, if the Parties cannot agree to such terms and conditions (including, without limitation, rates and implementation timeframes), either Party may utilize the Agreement’s dispute resolution procedures. 5.2.3 Each Party will identify its Carrier Identification Code, a three or four digit numeric code obtained from Telcordia, to the other Party when ordering a trunk group. 5.2.4 For multi-frequency (MF) signaling each Party will out pulse ten (10) digits to the other Party, unless the Parties mutually agree otherwise. 5.2.5 Each Party will use commercially reasonable efforts to monitor trunk groups under its control and to augment those groups using generally accepted trunk- engineering standards so as to not exceed blocking objectives. Each Party agrees to use modular trunk-engineering techniques for trunks subject to this Attachment.

  • Foreign-Owned Companies in Connection with Critical Infrastructure If Texas Government Code, Section 2274.0102(a)(1) (eff. Sept. 1, 2023, Section 2275.0102(a)(1), pursuant to House Bill 4595, Acts 2023, 88th Leg., R.S.) (relating to prohibition on contracts with certain foreign-owned companies in connection with critical infrastructure) is applicable to this Contract, pursuant to Government Code Section 2274.0102 (eff. Sept. 1, 2023, Section 2275.0102, pursuant to House Bill 4595, Acts 2023, 88th Leg., R.S.), Contractor certifies that neither it nor its parent company, nor any affiliate of Contractor or its parent company, is: (1) majority owned or controlled by citizens or governmental entities of China, Iran, North Korea, Russia, or any other country designated by the Governor under Government Code Section 2274.0103 (eff. Sept. 1, 2023, Section 2275.0103, pursuant to House Bill 4595, Acts 2023, 88th Leg., R.S.), or (2) headquartered in any of those countries.

  • Cash Management Systems On or prior to the Closing Date, Borrowers will establish and will maintain until the Termination Date, the cash management systems described in Annex C (the “Cash Management Systems”).

  • Procurement from UN Agencies Goods estimated to cost less than $100,000 equivalent per contract may be procured directly from Inter-Agency Procurement Services Office (IAPSO) in accordance with the provisions of paragraphs 3.1 and 3.9 of the Procurement Guidelines.