BEEP definition
Examples of BEEP in a sentence
The ISO would use Adjustment Bids and Supplemental Energy bids in the BEEP stack to attempt to accommodate the transactions without curtailing any of the NFU schedules.
For all other Generating Units owned or controlled by a Must-Offer Generator, the unbid quantity of the Must-Offer Generator’s Available Generation will be deemed by the ISO to be bid to receive the BEEP Interval Ex Post Price.
Thus, two more scenarios were developed to simulate this type of alternative, based on the initial BE-EP and UE-ED assumptions.
Assume that after bids in the BEEP stack are exhausted, 1,200 MW of NFU remain on Path 15 and curtailments are required (this occurrence is rare).
Assume that Path 15 is further derated to 1,000 MW and that all bids in the BEEP stack remain exhausted.
From the date hereof, and until the Closing Date, no dividends or distributions of capital, surplus, or profits shall be paid or declared by BEEP in redemption of their outstanding shares or otherwise, and except as described herein, no additional shares shall be issued by said corporation.
BEEP is a corporation duly organized, validly existing and in good standing under the laws of the State of Alabama.
Within 30 days from the date of this Agreement, BEEP will provide to the approval of ONXD, audited financial statements for BEEP and its subsidiaries for the period ended August 31, 1998 prepared in accordance with generally accepted accounting principles in the United States ("GAAP") (or as permitted by regulation S-X, S-B and/or the rules promulgated under the 1933 Act and the 1934 Act and audited by independent certified public accountants with substantial SEC experience).
BEEP seeks to be acquired by a corporate shell company publicly held and quoted on the National Association of Securities Dealers ("NASD") Over-The-Counter ("OTC") Bulletin Board.
The Articles of Incorporation of BEEP in effect immediately prior to the Exchange of Shares will remain the Articles of Incorporation after the Exchange of Shares, without any modification or amendment as a result of the Exchange of Shares.