TNMP Sample Clauses
The TNMP clause defines the responsibilities and obligations related to the transmission and distribution of electricity by Texas-New Mexico Power (TNMP) within a contract. It typically outlines how TNMP will provide access to its electrical grid, the terms for service delivery, and any associated costs or requirements for the customer or service provider. This clause ensures that all parties understand the specific role of TNMP in the energy supply chain, clarifying who is responsible for grid access and related charges, thereby preventing disputes and ensuring smooth coordination in energy delivery.
TNMP. Notwithstanding Article 27.1, any party with which TNMP may consolidate, or into which it may merge, or into which it may convey or transfer substantially all of its electric utility assets or part of the TNMP Transmission System that includes TNMP’s portion of the L▇▇▇ Interconnection Facilities and Interconnection System Upgrades, or its interest in the L▇▇▇ Substation and/or the SWNMT, shall automatically and without the consent or approval of Generator or any of the other Parties succeed to all of TNMP’s rights, interests, duties and obligations under this Agreement.
TNMP. At all times subsequent to TNMP becoming a Borrower hereunder in accordance with Section 2.6, the ratio of (i) Consolidated Indebtedness of TNMP to (ii) Consolidated Capitalization of TNMP shall be less than or equal to 0.65 to 1.0.