Technological Change Procedures Sample Clauses

Technological Change Procedures. Prior to the return of the executed Interconnection Facility Study Agreement to Transmission Provider, Interconnection Customer may submit a written request to Transmission Provider to make a technological change to its Generating Facility. Such request must include a description of the proposed technological change and provide details necessary to permit Transmission Provider to evaluate whether the proposed change is a Material Modification. Such request must identify any information that Interconnection Customer has already provided in Attachment A to Appendix 1 (Interconnection Request) to this LGIP and in Attachment A to Appendix 3 (Assumptions Used in Conducting the Interconnection System Impact Study) to this LGIP that will change as a result of implementation of the proposed technological change. If the proposed technological change is a Permissible Technological Advancement or if the proposed technological change will not materially change any of the information previously provided in the preceding paragraph, the proposed change shall not be deemed to be a Material Modification and Transmission Provider will so inform the Interconnection Customer. If the proposed technological change does materially change any of the information previously provided in Attachment A to Appendix 1 or Attachment A to Appendix 3, or if the proposed change requires further analysis to determine whether it qualifies as a Permissible Technological Advancement, the Transmission Provider will notify the Interconnection Customer that an evaluation is necessary to determine whether the proposed change is a Material Modification and will conduct the evaluation to determine whether the proposed change will materially impact the timing and costs of lower queued customers. The Interconnection Customer will provide Transmission Provider notification that it desires to proceed with the study and a study deposit of $10,000 within five (5) Business Days after notification that such an evaluation is required. Transmission Provider's studies to determine the materiality of the proposed technological change may include steady-state, voltage stability, short circuit/fault duty, stability analyses, and any other appropriate studies that Transmission Provider deems necessary to determine whether the technological advancement results in electrical performance that is equal to or better than the electrical performance expected prior to the technology change, and whether such technological ad...
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Related to Technological Change Procedures

  • TECHNOLOGICAL CHANGES 29.01 Any significant technological changes affecting members or their work environment will be discussed between Management and the Association prior to implementation with a view to resolving any problems. Whenever practical, the Board, through the Administration of the Service, will commence such discussions at least three (3) months in advance of the planned change.

  • TECHNOLOGICAL CHANGE 45.1 The parties have agreed that in cases where, as a result of technological change, the services of an employee are no longer required beyond a specified date because of lack of work or the discontinuance of a function, the Work Force Adjustment Policy concluded by the parties will apply. In all other cases, the following clauses will apply: 45.2 In this Article "Technological Change" means:

  • Exchange Procedures As soon as practicable following the Effective Time, but in no event later than five (5) Business Days thereafter, the Surviving Entity shall cause the Exchange Agent to mail or deliver to each person who was, immediately prior to the Effective Time, a holder of record of CAC Common Stock a form of letter of transmittal (which shall be in customary form and specify that delivery shall be effected, and risk of loss and title to Old Certificates shall pass, only upon proper delivery of such certificates to the Exchange Agent) containing instructions for use in effecting the surrender of Old Certificates in exchange for the consideration to which such person may be entitled pursuant to this Article III. Upon surrender to the Exchange Agent of an Old Certificate for cancellation together with such letter of transmittal duly executed and completed in accordance with the instructions thereto, the holder of such Old Certificate shall promptly be provided in exchange therefor, but in no event later than five (5) Business Days after due surrender, a New Certificate. No interest will accrue or be paid with respect to any cash or other property to be delivered upon surrender of any Old Certificates. Each of CEC and the Surviving Entity shall be entitled to deduct and withhold, or cause the Exchange Agent to deduct and withhold, from the consideration otherwise payable pursuant to this Agreement to any holder of CAC Common Stock such amounts as it may be required to deduct and withhold with respect to the making of such payment under the Code or any provision of state, local or foreign Tax Law. To the extent that amounts are so withheld by CEC, the Surviving Entity or the Exchange Agent, as the case may be, the withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holders of CAC Common Stock in respect of which the deduction and withholding was made by CEC, the Surviving Entity or the Exchange Agent, as the case may be, and such amounts shall be delivered by CEC, the Surviving Entity or the Exchange Agent, as the case may be, to the applicable taxing authority.

  • Impasse Procedures Impasse proceedings shall be in accordance with § 6-408 of the Education Article to the Annotated Code of Maryland.

  • Exercise Procedures The form of Notice of Exercise included in the Warrants set forth the totality of the procedures required of the Purchasers in order to exercise the Warrants. No additional legal opinion, other information or instructions shall be required of the Purchasers to exercise their Warrants. Without limiting the preceding sentences, no ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required in order to exercise the Warrants. The Company shall honor exercises of the Warrants and shall deliver Warrant Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.