Examples of Amended Power Contracts in a sentence
Consistent with this purpose, Twinco and CFLCo entered into a number of agreements, including but not limited to, the Sublease, the Site and Easement Sublease, the Operating Lease, and the Amended Power Contracts.
The term of each of the Sublease, Site and Easement Sublease and the Amended Power Contracts, expired on December 31, 2014, and was not renewed thereafter.
Additionally, each of the Sublease, the Site and Easement Sublease and the Amended Power Contracts expired on December 31, 2014, among other agreements, and as confirmed by Twinco in a letter dated August 6, 2018 from Robert L.
If the applicant is able to establish a prima facie case, then the burden of proof shifts to the other party to show, on the balance of probabilities, that its actions were not discriminatory.
After the expiry of the Sublease, Site and Easement Agreement and Amendment and Amended Power Contracts, and prior to the commencement of the CCAA Proceedings, the CCAA Parties attempted to sell the Twinco Interest to CFLCo pursuant to the provisions of the Participation Agreement but CFLCo declined to take up such offer.
Given that the Twinco Plant had ceased operations over 45 years prior, and the Sublease, Site and Easement Sublease and the Amended Power Contracts all expired at the end of 2014, the only potential material cash obligations of Twinco, if Twinco were held to actually be responsible for such liabilities given the CFLCo Indemnity and Maintenance Obligations, related to the Potential Environmental Liabilities.
As illustrated by the foregoing, there is a clear persistent and fundamental disagreement amongst Twinco’s shareholders and it is clear that this disagreement is not temporary in nature given that it has been unresolved since at least the end of 2014 after the Sublease, Site and Easement Agreement and the Amended Power Contracts all expired and possibly even as far back to as July 1, 1974 when CFLCo initially took over possession and control of Twinco’s Assets pursuant to the Operating Lease.
Notwithstanding the foregoing, until notified by the Secured Party of a Default or Event of Default under this Security Agreement, the Debtor shall have a revocable license to exercise its rights under the Amended Power Contracts, including the collection of the Secured Party Payments.