Contract Commitment definition

Contract Commitment initially means the Firm Contract Commitment and shall be increased by each Option Contract Commitment as provided in Section 2.1(b) hereof.
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Contract Commitment means, with respect to any Seller, the sum of such Seller's Firm Contract Commitment and each additional Option Contract Commitment of such Seller.
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Examples of Contract Commitment in a sentence

  • The City will remit its estimated share by the date indicated on the resolution form Authorization to Award Contract, Commitment of City Funds received by the City from the Secretary.

  • An entity making a Contract Commitment or Non-Contract Commitment of External Installed Capacity may obtain External ▇▇▇▇ Rights for a specified number of MW of External Installed Capacity in one of two different ways, either (i) by converting MW of grandfathered deliverability rights over the External Interface with Quebec (via Chateauguay), or (ii) by having its specified MW of External Installed Capacity evaluated in a Class Year Deliverability Study, both as described herein.

  • An entity making a Contract Commitment of External Installed Capacity must have one or more executed bilateral contract(s) to supply a specified number of MW of External Installed Capacity (“Contract ▇▇▇▇ MW”) to a Load Serving Entity or Installed Capacity Supplier for an Award Period of at least five (5) years.

  • To make such a request an entity must provide to the ISO a completed External CRIS Rights Request stating whether it is making a Contract Commitment or Non-Contract Commitment, the number of MW of External Installed Capacity to be evaluated, and the specific External Interface(s).

  • An entity making a Contract Commitment or Non-Contract Commitment of External Installed Capacity may obtain External CRIS Rights for a specified number of MW of External Installed Capacity in one of two different ways, either (i) by converting MW of grandfathered deliverability rights over the External Interface with Quebec (via Chateauguay), or (ii) by having its specified MW of External Installed Capacity evaluated in a Class Year Deliverability Study, both as described herein.

  • To make such a request an entity must provide to the ISO a completed External ▇▇▇▇ Rights Request stating whether it is making a Contract Commitment or Non-Contract Commitment, the number of MW of External Installed Capacity to be evaluated, and the specific External Interface(s).

  • In consideration of Customer’s payment of the charges as set forth in the Order to Outdoorlink® devices, Outdoorlink® hereby grants to Customer a non-exclusive, non-transferable, non-sublicensable license during the Contract Commitment Term (a) to access and use the Outdoorlink® Software via the internet to operate the Outdoorlink® System and use the Services, in accordance with the terms of this Agreement; and (b) to use the documentation provided by Outdoorlink® in support thereof.

  • An entity making a Contract Commitment of External Installed Capacity must have one or more executed bilateral contract(s) to supply a specified number of MW of External Installed Capacity (“Contract CRIS MW”) to a Load Serving Entity or Installed Capacity Supplier for an Award Period of at least five (5) years.

  • For repositioning or movements within the new portfolio, the Contract Commitment Period will remain in force for the period the line had.

  • If there is a UDBE goal on the contract, a "Local Agency Bidder/Proposer-UDBE (Consultant Contract) Commitment" (Exhibit 10-0(1)) form shall be included in the Request for Proposal.

Related to Contract Commitment

  • Take-out Commitment means a commitment of any Seller or a Seller Party Subsidiary, as applicable, to sell one or more identified Mortgage Loans, Rental Properties or REO Properties to a Take-out Investor.

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.