BPDB definition
Examples of BPDB in a sentence
In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s).
Immediately upon each such renewal, the Issuing Bank shall confirm to BPDB that such renewal has occurred.
In the event that the Lenders fail to cure any Company Event of Default on or before the expiration of the Lenders Cure Period BPDB may exercise its rights and remedies with respect to such default set forth in this Agreement and BPDB may immediately terminate this Agreement, and such termination shall be effective on delivery to the Lenders or the Agent of notice of such termination.
A final, non-appealable order issued in a proceeding initiated by (i) BPDB and based on a claim of breach of the Power Purchase Agreement shall be with prejudice to any proceedings against the Company that the GOB could otherwise bring for breach by the Company of substantially the same obligations under this Agreement.
Nothing in the foregoing shall apply to any actions taken by the GOB or BPDB or any other Government Authority pursuant to their respective rights and obligations arising under this Agreement, the Power Purchase Agreement or any other document that constitutes a part of the Security Package.