Electric System definition
Examples of Electric System in a sentence
Applicable Regional Reliability Entity shall mean the regional reliability entity, applicable to the Transmission System, that ensures that a defined area of the Bulk Electric System is reliable, adequate and secure.
The Lender is hereby irrevocably authorized by the City so to endorse each Electric System Note and Water System Note and to attach to and make a part of each such Note a continuation of any such schedule as and when required.
Notwithstanding anything herein to the contrary, the aggregate principal amount of all Loans at any one time outstanding hereunder with respect to the Electric System Notes and the Water System Notes shall not exceed the amount of the Commitment.
Further reference is made to the Agreement and the Electric System Ordinance for the provisions relating to the security of this Note and the duties and obligations of the City.
The provisions of the Electric System Notes and Water System Notes, this Agreement and the other Financing Documents constitute a contract between the City and the Lender and the Noteholders, as applicable, and a separate legal obligation of City, and, in each case, such provisions are enforceable by mandamus and any other appropriate suit, action or proceedings at law or in equity in any court of competent jurisdiction.