Power Contract Sample Clauses

Power Contract. Borrower shall enforce the provisions of the Power Contract.
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Power Contract. The Power Contract is in full force and effect and is legal, valid, binding upon the Borrower, and enforceable against the Borrower in accordance with its respective terms, subject only to limitations on enforceability imposed by general equitable principles or applicable bankruptcy, insolvency, reorganization moratorium, or similar laws respecting creditors’ rights generally. Pursuant to the Bond Resolution, the Borrower has pledged, assigned and transferred to the Trustee, acting on behalf of the Bondholders, all of its rights under the Power Contract. To the best of the Borrower’s knowledge, the Power Contract is valid, binding, and enforceable against each other party thereto, subject to limitations on enforceability imposed by general equitable principles or applicable bankruptcy, insolvency, reorganization moratorium, or similar laws respecting creditors’ rights generally.
Power Contract. Borrower shall promptly deliver to AIDEA notice of any material modification of the Power Contract.
Power Contract. Borrower shall not amend the Power Contract so as to reduce the payments required thereunder or otherwise materially affect the security for the credit facility provided by AIDEA hereunder.
Power Contract. In the event that the Owners agree that the current power contracts entered into by the Operator for the supply of electrical power to the Plant may be assigned to an Owner, pro rata, the Owners shall enter into an agreement containing terms and conditions acceptable to the Owners which provides, inter alia, that the Owners shall have the obligation to supply their pro rata share of electrical power to the Plant for the operation thereof at its then rated capacity and that the Owner to which its pro rata portion of the power contract is assigned shall reimburse the other Owner for any increase in Operating Costs attributable to any replacement source of electrical power and for any reduction in capacity of such other Owner as a result of any failure to provide such electrical power.
Power Contract. A copy of the Contract for Lighting and Power Service between the Parties is attached as Exhibit C (the “Power Contract”). In the event of a conflict between the provisions of this Agreement and the Power Contract, the provisions of this Agreement prevail, but only to the extent necessary to resolve the conflict.
Power Contract. The Power Contract is in full force and effect and is legal, valid and binding upon the Borrower and enforceable against the Borrower in accordance with its terms, subject only to limitations on enforceability imposed by general equitable principles or applicable bankruptcy, insolvency, reorganization moratorium, or similar laws respecting creditors’ rights generally. Pursuant to the Bond Resolution, the Borrower has pledged, assigned and transferred to the Trustee, acting on behalf of the Bondholders, all of its rights under the Power Contract.
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Power Contract. Borrower shall promptly deliver to NCSC notice of any material modification of the Power Contract.
Power Contract. Borrower shall not amend the Power Contract so as to reduce the payments required thereunder or otherwise materially affect the security for the credit facility provided by NCSC hereunder. DRAFT
Power Contract. In order for the Closing to occur prior to September 30, 2008, Purchaser, or another third party, shall have entered into a power supply arrangement with Seller that replaces Seller’s power supply from the Station which Seller determines is satisfactory to Seller and to Central-Electric Power Cooperative, Inc. and South Carolina Public Service Authority through September 30, 2008.
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