EECI definition
EECI has the meaning assigned to such term in the preamble to this Agreement.
EECI means any alteration, addition, change, repair or replacement (whether structural or nonstructural) made by Landlord in or to the Building or the common areas or equipment or systems thereof which, under generally accepted accounting principles consistently applied, is properly classified as a capital expenditure; and which capital expenditure, as certified in writing by the Independent Engineers defined in paragraph (d) below, will reduce the Building’s consumption of electricity, oil, natural gas, steam, water or other utilities. The aggregate costs of any Energy Efficient Capital Improvement shall be deemed to include, without limitation, architectural, engineering and expediting fees, legal, consulting, inspection and commissioning fees actually incurred in connection therewith, but shall be deemed to exclude actual or imputed financing costs in connection therewith; provided, however, the costs of such Energy Efficient Capital Improvement shall be deemed reduced by the amount of any NYSERDA or similar government incentives for energy efficiency improvements actually received by Landlord to defray the costs of such Energy Efficient Capital Improvement, and shall further be reduced by any energy efficiency tax credits or similar energy efficiency-based tax incentives actually accruing to Landlord as a result of such Energy Efficient Capital Improvement.
EECI means Enbridge Energy Company Inc., a corporation formed under the laws of Delaware and an indirect wholly-owned subsidiary of Enbridge;
Examples of EECI in a sentence
All arbitrators must (a) be neutral Persons who have never been officers, directors or employees of Enbridge Partners, EECI or any of their Affiliates and (b) have not less than seven years experience in the energy industry.
Within 25 days after the ROFR Asset Notice Date (such 25th day, the “ROFR Asset Expiration Date”), EECI may deliver a written notice to the Managing General Partner of the applicable Series of its election to purchase such ROFR Offered Asset.
EECI EA Sub, Lakehead GP and the arbitrators shall proceed diligently and in good faith in order that the determination may be made as promptly as possible.
Each of EECI EA Sub and Lakehead GP shall appoint an arbitrator at least 150 days prior to the expiration of the applicable Series EA Tariff Term Sheet.
Each of EECI EA Sub and Lakehead GP will each pay one-half of the compensation and expenses of the third arbitrator.
More Definitions of EECI
EECI means Enbridge Energy Company, Inc., a Delaware corporation, the sole general partner of the MLP and the owner of the Voting Shares.
EECI means Enbridge Electric Connections Inc., a corporation existing under the laws of Ontario, which was subsequently renamed EnerCare Connections Inc. and amalgamated with Stratacon and New Lendco effective January 1, 2012.
EECI has the meaning set forth in the Preamble.
EECI means Enbridge Electric Connections Inc., a corporation existing under the laws of Ontario, which was subsequently renamed Enercare Connections Inc. and amalgamated with certain subsidiaries of Enercare, including Stratacon, effective January 1, 2012.
EECI has the meaning specified in the introductory paragraph of this Agreement.
EECI means Enbridge Energy Company, Inc., a corporation incorporated pursuant to the laws of the State of Delaware, which will own all of the issued and outstanding SL US Class B Units and is an indirect wholly-owned subsidiary of Enbridge;
EECI means any alteration, addition, change, repair or replacement (whether structural or nonstructural) made by Landlord in or to the Building or the Common Areas or equipment or systems thereof which, under generally accepted accounting principles consistently applied, is properly classified as a capital expenditure; and which capital expenditure, as certified in writing by the Independent Engineers defined in paragraph (d) below, will reduce the Building’s consumption of electricity, oil, natural gas, steam, water and/or other utilities. The aggregate costs of any Energy Efficient Capital Improvement shall be deemed to include, without limitation, architectural, engineering and expediting fees, legal, consulting, inspection and commissioning fees actually incurred in connection therewith, but shall be deemed to exclude actual or imputed financing costs in connection therewith; provided, however, the costs of such Energy Efficient Capital Improvement shall be deemed reduced by the amount of any NYSERDA or similar government incentives for energy efficiency improvements actually received by Landlord to defray the costs of such Energy Efficient Capital Improvement, and shall further be reduced by any energy efficiency tax credits or similar energy efficiency-based tax incentives actually accruing to Landlord as a result of such Energy Efficient Capital Improvement. (b) “EECI Base Year” means each calendar year in which the EECI is completed and placed in service by Landlord. (c) “Comparison Year” means the calendar year subsequent to the EECI Base Year. (d) “Independent Engineers” means two (2) engineers selected by Landlord and reasonably approved by ▇▇▇▇▇▇. From time to time, but not more than once during any period of twelve (12) consecutive months, Landlord and Tenant may each recommend two or more independent professional engineers, licensed by the State of New York, for inclusion on the list. Any such recommendations by Landlord or Tenant shall be subject to the written approval of the other party, which approval shall not be unreasonably withheld. (e) “Simple Payback Period” shall mean the number of years (expressed in months) obtained by dividing (x) the aggregate costs of any such Energy Efficient Capital Improvement by (y) the anticipated annual savings in utility costs (which shall be the average of the determinations by the two Independent Engineers of such annual savings) includable in Operating Expenses (the “Projected Annual Savings”). By way of ...