Back-to-Back Agreement definition

Back-to-Back Agreement means that certain letter agreement and any and all obligations of any Debtor or Affiliate of the Debtors arising thereunder between Pepco and Southern Energy, Inc. (as predecessor in interest to Mirant), dated as of December 19, 2000 (as amended and modified from time to time,) which was executed contemporaneously with Mirant’s purchase of generating assets and power purchase agreements from Pepco under the APSA, pursuant to which Mirant agreed to: (a) make Pepco whole for its financial obligations under certain unassigned power purchase agreements between Pepco and (i) Panda-Brandywine LP, and (ii) Ohio Edison Co., (b) accept from Pepco the power delivered pursuant to those unassigned power purchase agreements, and (c) be Pepco’s representative “for all purposes to the fullest extent permitted under the unassigned power purchase agreements.”

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Back-to-Back Agreement means an agreement in a form approved by the Service Controller (acting reasonably) from time to time pursuant to which a Party may subcontract obligations imposed on that Party pursuant to this Agreement or may allow another party or parties to use the Data Transfer Network, subject to clause 5.3.2;

Back-to-Back Agreement means the Agreement Regarding Purchase and Sale of Debt, dated as of July 7, 2004, between MDE and Exelon Thermal.

Examples of Back-to-Back Agreement in a sentence

In addition, Owner may request that Energy Manager execute such transactions with Third Parties and, subject to the approval of Energy Manager (not to be unreasonably withheld) Energy Manager shall execute such transactions with such Third Parties and enter into a Back-to-Back Agreement with the Owner in respect of such transaction as further described in Section 2.5(b).
Any transaction executed by Energy Manager in accordance with the delegation referred to in this Section 7.8 shall be automatically entered into between Energy Manager and Owner pursuant to a Back-to-Back Agreement.
Seller shall be responsible for the reasonable out of pocket costs incurred by Buyer, the Company or their respective Affiliates that arise as a result of a Back-to-Back Agreement, but only to the extent those costs are incurred because of the existence of the Back-to-Back Agreement.
The Back-to-Back Agreement shall also provide that any ambiguity concerning any provision of the Back-to-Back Agreement relating to such risks or benefits or their interpretation or application under future circumstances, regardless of whether such future circumstances were contemplated by Parties, shall be interpreted in a way that is consistent with this intent.
Transferor shall have executed and delivered the Master Back-to-Back Agreement, dated as of the date hereof, by and between Transferor and Transferee, substantially in the form attached hereto as Exhibit C (the "Back-to-Back Agreement").

More Definitions of Back-to-Back Agreement

Back-to-Back Agreement means the purchase agreement dated as of May 15, 2009, between Sandstorm Barbados and Sandstorm Canada with respect to the purchase by Sandstorm Barbados of all Au that Sandstorm Canada purchases and acquires from MAS under the Purchase Agreement;

Back-to-Back Agreement has the meaning given in Clause 15.5.4(f) (Councils' Contribution and Advisors' Contribution)

Back-to-Back Agreement is defined in Section 2.6.

Back-to-Back Agreement means the agreement provided for in Section 2.4, the form of which, if entered into by the Parties as contemplated in this Agreement, will be negotiated in good faith by the Parties as provided herein.

Back-to-Back Agreement means the Agreements entered into by the Service Provider with any Original Equipment Manufacturer (OEM) as per Section-XIV of the Standard Bidding Document issued by the Company.

Back-to-Back Agreement shall have the meaning set forth in Section 5.3(l).

Back-to-Back Agreement means the back-to-back agreement to be entered into at Closing on terms substantially equivalent to those set forth in the Capacity Forward Sales Contracts, executed by Dynegy Marketing and Trade, LLC and Purchaser or Purchaser’s designee.