PJM Issues Sample Clauses

PJM Issues. In order to meet IPC's commitment to join PJM (that is conditioned in all respects on the consummation of the transactions contemplated hereby to occur at the Closing), IPC and Dynegy shall meet with appropriate officials at PJM within 15 days after the date hereof and develop a detailed plan, including schedule milestones to measure progress, to integrate IPC into PJM as provided in Section 5.3(d)(v). The plan shall address the issue of the appropriate date to complete the integration in light of potential concerns about completing the integration during the peak winter heating season. IPC and Dynegy shall consult with Purchaser and EED about its progress toward integration on a regular basis and, subject to compliance with applicable Laws, shall use its commercially reasonable efforts to take advantage of possible coordination opportunities in the integration progress in light of ComEd's participation in PJM. On the same date that IPC enters into the conditional PJM Operating Agreement, Purchaser hereby agrees to reimburse PJM, in the event this Agreement is terminated, for any expenses incurred or reasonably expected to be incurred by PJM prior to such termination for the planned integration of the Business into PJM. To the extent IPC has made payment to PJM for any such expenses, Purchaser shall instead reimburse IPC for any amounts it would otherwise be required to pay to PJM pursuant to the previous sentence.
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Related to PJM Issues

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  • Open Issues (a) Notwithstanding any provision of the Registry Agreement to the contrary (including Sections 7.6 and 7.7 thereof), Registry Operator agrees that the following requirements, procedures and provisions of the Registry Agreement (including the documents incorporated by reference therein) may be modified and amended by ICANN after the date hereof, without the consent of Registry Operator:

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  • Safety Issues The Tenant will procure that in the carrying out of the Building Improvement Plan:

  • Issues Prior to the start of an arbitration under this Article, the Employer and the Union shall attempt to reduce to writing, the issue or issues to be placed before the umpire. In cases where such a statement of the question is submitted, the umpire’s decision shall address itself solely to the issue or issues presented and shall not impose upon either party any restriction or obligation pertaining to any matter raised in the dispute which is not specifically related to the submitted issue or issues. More than one issue may be submitted at the same time to arbitration, particularly if they are related to each other, by mutual agreement.

  • Preference Issues If any Senior Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount to the estate of the Company or any other Grantor (or any trustee, receiver or similar Person therefor), because the payment of such amount was declared to be fraudulent or preferential in any respect or for any other reason, any amount (a “Recovery”), whether received as proceeds of security, enforcement of any right of setoff or otherwise, then the Senior Obligations shall be reinstated to the extent of such Recovery and deemed to be outstanding as if such payment had not occurred and the Senior Secured Parties shall be entitled to the benefits of this Agreement until a Discharge of Senior Obligations with respect to all such recovered amounts. If this Agreement shall have been terminated prior to such Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, hereby agrees that none of them shall be entitled to benefit from any avoidance action affecting or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement.

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