CMEEC definition
Examples of CMEEC in a sentence
Ensure that CMEEC has complied with all obligations, covenants and terms of the CMEEC-Navy Lease, subject to applicable cure rights.
During the term of this Contract, ▇▇▇▇▇▇ agrees to purchase 1.55 MW of Reserve Requirement Service and .5 MW of Incremental Peaking Service in accordance with the provisions of Sections III.C. of the Service Agreement and in accordance with the letter agreement between CMEEC and CL&P dated June 28, 1995 with regard to purchases of Incremental Peaking Service.
If such offering and sale of bonds, notes, leases, or other indebtedness is for the benefit of BOZRAH in full or in part, then such aforementioned information shall be provided to CMEEC at BOZRAH's expense.
NSTAR states that its participation in the NSTAR-HQUS Transfer Agreement is intended to facilitate the transfer of Use Rights on the Phase I/II High Voltage Direct Current Transmission Facilities that are currently held by another entity, CMEEC.
Sales to BOZRAH under this Contract shall have no effect on any Member's voting or other rights conferred pursuant to the CMEEC bylaws or to the Act,, nor shall sales to BOZRAH under this Contract have any impact on the distribution of any existing funds of the Members or Wallingford, Contract for the Supply of Electric Power and Energy CMEEC/BOZRAH June, 1995 including, but not limited to, any Rate Stabilization Funds, Economic Development Funds, General Reserve Funds, or any equity of CMEEC.
BOZRAH may elect to have CMEEC, acting through its Board of Directors, establish and maintain special funds similar to the CMEEC Rate Stabilization Fund or the Economic Development Fund for the sole benefit of BOZRAH.
In addition to and notwithstanding the above, CMEEC may bring suit, or institute an action or proceeding in law or in equity, including an action in mandamus and/or an action for specific performance, to enforce against BOZRAH any covenant, agreement or obligation, including the obligation to make any payment required under the provisions of this Contract.
Pursuant to Section 2.1, (Full Requirements Contract) CMEEC will provide BOZRAH with all power required to meet the full firm load and reserve requirements of the BOZRAH system.
In the event that CMEEC defaults on any of the payment obligations for debt issued by CMEEC for and on behalf of the Members.
Throughout the Initial Term of the Contract, CMEEC may apply to BOZRAH certain charges or credits, where such charges or credits should not be charged or credited to all CMEEC Members, Wallingford, and BOZRAH collectively on a pro-rata basis due to the nature of the charges or credits involved.