Capacity Transfer Agreement definition

Capacity Transfer Agreement means the Capacity Transfer Agreement between ERT and NJEA, dated as of August, 2003, as amended to date. (D) Add "Daily Nomination Quantity" means the daily quantity of gas specified in NJEA's notice to PSE&G pursuant to Section 4.4.1., adjusted as provided in Section 4.4.2. (E) Add "Eastern Prevailing Time" means either Eastern Standard Time or Eastern Daylight Savings Time, as in effect from time to time. (F) Add "Effective Date" means the date specified as the Effective Date in a written notice delivered by NJEA to PSE&G which date shall not occur prior to, nor more than 60 days following, the date on which each of the conditions precedent set forth in Section 1 of the Amendment to the Gas Purchase Agreement dated as of August 20, 2003, have been satisfied or waived by both parties. (G) Add "ERT" means PSEG Energy Resources and Trade, LLC, and its successors and permitted assigns under the Capacity Transfer Agreement. (H) Add "Excess Amount" has the meaning given in Section 9.6(a). (I) Add "Exposure" means, as of any Business Day (i) the total of amounts currently accrued, owing and not yet paid from NJEA to PSE&G pursuant to this Agreement, less (ii) NJEA Exposure. (J) Add "Gas Daily Price" means, for any Day, the arithmetic average of (i) the daily "Midpoint" gas prices published by Platts in The Gas Daily Price Guide "Daily Price Survey" under "City Gates", "Texas Eastern, zone M-3" and (ii) the daily "Midpoint" gas prices published by Platts in The Gas Daily Price Guide "Daily Price Survey" under "City Gates", "Transco, zone 6 N.Y." (K) Add "Gas Day" means a period of consecutive hours beginning 10:00 a.m. (Eastern Prevailing Time) and ending 10:00 a.m. (Eastern Prevailing Time) the following calendar day. (L) Add "NJBPU" means the New Jersey Board of Public Utilities. (M) Add "NJEA Exposure" means, as of any Business Day (i) the total of amounts currently accrued, owing and not yet paid from PSE&G to NJEA pursuant to this Agreement. (N) Add "NJEA Guarantee(s)" means one or several documents reasonably acceptable to PSE&G that guarantees NJEA's performance under this Agreement. (O) Add "NJEA Guarantor" means an entity that provides an NJEA Guarantee. (P) Add "NJEA Threshold" means, as of any Business Day the total aggregate limit of liability in force and effect as of such Business Day with NJEA Guarantors, plus $1,000,000. In the event the credit rating of an NJEA Guarantor falls below that of investment grade by a major rating agency, or if PSE&G...
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Examples of Capacity Transfer Agreement in a sentence

  • Based on the above, the Directors (including the independent non-executive Directors) consider that the terms and conditions (including the total consideration) of the Capacity Transfer Agreement are fair and reasonable and on normal commercial terms and in the interests of the Company and the Shareholders as a whole.

  • The Broker, previously known as Energy Broking Ireland, was acquired by Marex Spectron Europe Limited in February 2019 Capacity Transfer Agreement means an agreement in relation to the transfer of Capacity products (a “Capacity Transfer”) as comprised in Parts 3 and 4 of Schedule 3.

  • Under the Release Capacity Transfer Agreement, the Additional User must comply with SHG’s credit requirements.In certain cases, applicants for a Release SHB have the option of applying for a matching amount of NTS entry capacity for each Gas Day in the SHB Period.UIOLI Capacity Auctions will be held and administered by the Terminal Operator.

  • By entering into the Capacity Transfer Agreement, Fangchenggang Jinxi will procure the Target Capacity for the Project, which could be directed to the Project.

  • If approved, the landowner shall enter into a Sewer Capacity Transfer Agreement with the District documenting the transfer of sewer capacity between the subject properties.

  • Assets to be transferred Pursuant to the terms of the Capacity Transfer Agreement, Tianjin Tianzhong agreed to sell, and Fangchenggang Jinxi agreed to acquire, the Target Capacity, being the Target Iron Production Capacity (being iron production capacity of 870,000 tonnes per year) and the Target Steel Production Capacity (being steel production capacity of 1,350,000 tonnes per year).

  • There was also testimony concerning the effect that electric industry restructuring has upon the continued viability of the Sharing Agreement and the Capacity Transfer Agreement.

  • Termination Should the official announcement on the transfer is not published within 2 months after the signing of the Capacity Transfer Agreement due to the policy of the relevant authority, Tianjin Tianzhong will refund all the payments received, without interest, and the Capacity Transfer Agreement will be terminated.

  • IntroductionThis paper is the decision of the Commission for Energy Regulation on the Bord Gáis Energy Supply, BGS, Capacity Transfer Agreement and Spare Capacity Notification to enable the sale of NDM Interruptible Capacity by BGS to other parties on a non-discriminatory basis.

  • The other issues raised were more general and related to the wording of the Capacity Transfer Agreement and have been included in the revised draft of the contract.The Commission reserves the right to review this decision when the Transporter has completed its work on the pricing of its short term capacity products.

Related to Capacity Transfer Agreement

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. Immediate-need Reliability Project: “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • Share Transfer Agreement means the share transfer agreement, in the agreed form, between the partners in the Company;

  • Subsequent Transfer Agreement A Subsequent Transfer Agreement substantially in the form of Exhibit P hereto, executed and delivered by the Sellers, the Depositor and the Trustee as provided in Section 2.01(d).

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Technology Transfer Agreement has the meaning given in Section 2.2(e).

  • Transfer Agreement means the agreement providing for a transfer of structured settlement payment rights.

  • Investors Agreement has the meaning set forth in Section 6.01(e).

  • Put Option Agreement has the meaning set forth in the recitals.

  • Transfer Agreements As defined in the Mortgage Loan Sale Agreement. Transferor: Each seller of Mortgage Loans to the Seller pursuant to the Transfer Agreements.

  • Lockup Agreement means the Lockup Agreement, dated as of the date hereof, by and between the Company and each person listed as a signatory thereto, in the form attached as Exhibit C hereto.

  • Sale and Purchase Agreement means the sale and purchase agreement entered into or to be entered into on the date of this Agreement between the Investor and the Company in the agreed form;

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Seller's Agreement An agreement for the origination and sale of Mortgage Loans generally in the form of the Seller Contract referred to or contained in the Program Guide, or in such other form as has been approved by the Master Servicer and the Company, each containing representations and warranties in respect of one or more Mortgage Loans consistent in all material respects with those set forth in the Program Guide.

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Registration Agreement means the Exchange and Registration Rights Agreement dated February 18, 2003 between the Company and the Initial Purchasers relating to the Securities and (b) any other similar Exchange and Registration Rights Agreement relating to Additional Securities.

  • Private Placement Agreement has the meaning set forth in Annex A hereto.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).