Power Agreement Sample Clauses

Power Agreement. Promptly after Closing, OC shall use its reasonable best efforts, and VENA and its Affiliates shall cooperate with OC, to cause Vitro to be removed from the Parent Guaranty dated as of December 15, 1999 (the "Parent Guaranty"), made by Vitro in favor of Enron Energia Industrial de Mexico, S. de R. L. de C.V. ("Enron Energia"), to the extent that the Parent Guaxxxxx pertains to the performance of Company and the Subsidiaries of their respective obligations (the "Vitro Guaranty") under the Amended and Restated Agreement for Provision of Electrical Power Generation Capacity and Associated Electrical Energy dated as of December 15, 1999 (the "Power Agreement"), among Enron Energia, Vitro Corporativo, S.A. de C.V. and certain other subsidiaries of Vitro. Such reasonable best efforts shall include the execution of a replacement guaranty by OC, the terms of which are substantially similar to the terms of the Parent Guaranty, but shall not include the payment or delivery by OC or any Affiliate of OC of cash or other consideration, other than delivery of the replacement guaranty referenced above. To the extent such removal has at any time after the Closing not been caused, OC shall, upon the reasonable request of Vitro, (i) resume or continue the use of its reasonable best efforts to cause such removal and (ii) execute a guaranty reasonably acceptable to both OC and Tractabel Energia relating to performance by Company and the Subsidiaries of their obligations under the Power Agreement. OC agrees to indemnify, defend and hold harmless Vitro and its Affiliates from and against all Claims (as hereinafter defined) asserted against, resulting to, imposed upon, or incurred by Vitro or its Affiliates by reason of, arising out of or resulting from the Vitro Guaranty remaining outstanding after the Closing to the extent, but only to the extent, Company or any of the Subsidiaries fails, or is alleged to have failed, to perform their obligations under the Power Agreement arising after the Closing.
Sample 1
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Power Agreement. 4 Section 1.24 Profits and Losses ................................... 5 Section 1.25 Property ............................................. 5 Section 1.26 Reserves ............................................. 5 Section 1.27 Subscription Agreement ............................... 6 Section 1.28 Substituted Limited Partner .......................... 6 Section 1.29 Treasury Regulations ................................. 6 Section 1.30 Turbine(s) ........................................... 6 Section 1.31 Unit ................................................. 6 Section 1.32
Sample 1
Power Agreement. The Power Purchase and Operating Agreement dated as of July 13, 1990 between SEI Birchwood, Inc. and Virginia Electric and Power Company, including all appendices and all amendments thereto that may be made from time to time. Prime Rate. The rate announced publicly from time to time by Citibank, N.A., New York, New York as its prime rate.
Sample 1
Power Agreement. That certain Agreement dated as of September 1, 2009 by and between Borrower and Grizzly Ventures LLC (and acknowledged by Dominion Virginia Power) with respect to certain electrical power sharing arrangements and the facilities relating thereto.
Sample 1
Power Agreement. Borrower shall not, nor shall Borrower permit any party to, amend, supplement, modify, terminate or cancel the Power Agreement, without the prior written consent of Required Lenders.
Sample 1
Power Agreement. 5 Section 1.26 Profits and Losses . . . . . . . . . . . . . . . . . . . 5 Section 1.27 Property . . . . . . . . . . . . . . . . . . . . . . . . 5 Section 1.28 Regular Limited Partner . . . . . . . . . . . . . . . . 6 Section 1.29 Regular Unit . . . . . . . . . . . . . . . . . . . . . . 6 Section 1.30 Reserves . . . . . . . . . . . . . . . . . . . . . . . . 6 Section 1.31 Special Limited Partner . . . . . . . . . . . . . . . . . 6 Section 1.32
Sample 1

Related to Power Agreement

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.

  • Exclusive Agreement; Amendment This Agreement supersedes all prior agreements or understandings among the parties with respect to its subject matter with respect thereto and cannot be changed or terminated orally.

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity.

  • Interconnection Agreement On or before December 31, 2015, Wholesale Market Participant must enter into an Interconnection Agreement with the Transmission Owner in order to effectuate the WMPA. Wholesale Market Participant shall demonstrate the occurrence of each of the foregoing milestones to Transmission Provider’s reasonable satisfaction. Transmission Provider may reasonably extend any such milestone dates, in the event of delays that Wholesale Market Participant (i) did not cause and (ii) could not have remedied through the exercise of due diligence. If (i) the Wholesale Market Participant suspends work pursuant to a suspension provision contained in an interconnection and/or construction agreement with the Transmission Owner or (ii) the Transmission Owner extends the date by which Wholesale Market Participant must enter into an interconnection agreement relative to this WMPA, and (iii) the Wholesale Market Participant has not made a wholesale sale under this WMPA, the Wholesale Market Participant may suspend this WMPA by notifying the Transmission Provider and the Transmission Owner in writing that it wishes to suspend this WMPA, with the condition that, notwithstanding such suspension, the Transmission System shall be left in a safe and reliable condition in accordance with Good Utility Practice and Transmission Provider’s safety and reliability criteria. Wholesale Market Participant’s notice of suspension shall include an estimated duration of the suspension period and other information related to the suspension. Pursuant to this section 3.1, Wholesale Market Participant may request one or more suspensions of work under this WMPA for a cumulative period of up to a maximum of three years. If, however, the suspension will result in a Material Modification as defined in Part I, Section 1.18A.02 of the Tariff, then such suspension period shall be no greater than one (1) year. If the Wholesale Market Participant suspends this WMPA pursuant to this Section 3.1 and has not provided written notice that it will exit such suspension on or before the expiration of the suspension period described herein, this WMPA shall be deemed terminated as of the end of such suspension period. The suspension time shall begin on the date the suspension is requested or on the date of the Wholesale Market Participant’s written notice of suspension to Transmission Provider, if no effective date was specified. All milestone dates stated in this Section 3.1 shall be deemed to be extended coextensively with any suspension period permitted pursuant to this provision.

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Assignment Entire Agreement Amendment This Agreement may be assigned only by Employer, and is freely assignable by Employer. This Agreement constitutes the entire agreement between the parties concerning the subject matter of this Agreement and supersedes all prior understandings, communications and agreements concerning such subject matter; provided that, to the extent there is any conflict between this Agreement and any stock option grant agreement or plan, the provisions of this Agreement shall control. Neither this Agreement, nor any of its terms, can be changed, added to, waived or supplemented except in a written document signed by Executive and Employer, except that Employer may adopt or change any vacation, benefit, rules or other policy generally applicable to employees or a group or class of employees in its discretion.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Arrangement Agreement This Plan of Arrangement is made pursuant to, and is subject to the provisions of, the Arrangement Agreement, except in respect of the sequence of the steps comprising the Arrangement, which shall occur in the order set forth herein.

  • Support Agreement CFSC will not terminate, or make any amendment or modification to, the Support Agreement which, in the determination of the Agent, adversely affects the Banks’ interests pursuant to this Agreement, without giving the Agent and the Banks at least thirty (30) days prior written notice and obtaining the written consent of the Majority Banks.

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