PEG 1 Services Sample Clauses
PEG 1 Services. PEG Inc. and PEG 2 shall pay and reimburse PEG 1 for the PEG 1 Services as follows:
PEG 1 Services. Until the earlier of (i) the PEG 1 Reintegration and (ii) the PEG 2 Transition (the “PEG 1 Services Period”), PEG 1 shall make its personnel and the personnel of its subsidiaries available to PEG Inc. and PEG 2 to provide and perform the following services for PEG Inc., PEG 2 and their respective Affiliates and project entities in accordance with, subject to Section 9.01, the scope, instruction, and policies of PEG Inc. or PEG 2, as applicable (the “PEG 1 Services”):
(a) day-today administrative services;
(b) services related to accounting and tax, including, preparation and filing of tax returns and maintaining books and records;
(c) services related to preparation of annual consolidated financial statements, and quarterly interim financial statements;
(d) services related to regulatory reporting and other public filings and disclosures;
(e) services related to preparation of annual budgets;
(f) legal and corporate secretarial support and other corporate services;
(g) services related to financial analysis, financing, and, when requested to do so, assisting in the process of raising capital by way of debt, equity or otherwise;
(h) services related to human resources support and administration;
(i) services related to information technology support;
(j) providing advice with respect to issues concerning project development, permitting, construction management and engineering, power marketing, environmental management and implementation;
(k) providing assistance in connection with PEG Inc.’s pursuit of acquisition opportunities;
(l) services related to obtaining and maintaining insurance;
(m) services related to maintaining required governmental approvals and permits and preparing and submitting filings with respect to PEG Inc.’s projects;
(n) services with respect to compliance with applicable laws and other obligations of PEG Inc. and PEG 2 and their respective projects;
(o) supervising and monitoring PEG Inc.’s and PEG 2’s and their respective counterparties’ compliance with the terms and conditions of PEG Inc.’s and PEG 2’s respective contracts and performing on behalf of PEG Inc. and PEG 2 reporting and other routine administrative responsibilities under such contracts; and
(p) performing such other tasks of an administrative nature as PEG Inc. or PEG 2 may reasonably request from time to time in connection with or related to PEG Inc. or PEG 2, their respective Affiliates and/or their respective operations. Prior to taking any action that will material...
