Examples of Company Obligations in a sentence
This Section 6B is a guaranty of payment and performance and not of collection and is a continuing guaranty and shall apply to all Company Obligations whenever arising.
Each Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Company or any of the Guarantors with respect to the Company Obligations.
CEP acknowledges and agrees that, with respect to all Company Obligations that are obligations to pay money, such guaranty shall be a guaranty of payment and not of collection.
The Company Obligations shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Section 6B.
If the electricity generated by the Customer-Generator exceeds the electricity supplied by the Company during a billing period, the Customer-Generator shall be billed for the appropriate Customer charges for that billing period in accordance with the Company Obligations section of this tariff and shall be credited with the product of the excess kilowatt-hours generated during the billing period and the rate identified in Schedule Cogeneration Purchase, Sheet 102 in the following billing period.