Energy Transaction definition

Energy Transaction means a transaction for the purchase and sale of Energy effectuated pursuant to Section 1.2 upon the Parties' agreement to the Initial Term, Exhibit D, Exhibit C, and any other matters agreed upon by the Parties, all as set forth in the Energy Transaction Confirmation.
Energy Transaction means transactions in a Day-Ahead Market or Real-Time Market for the purchase or sale of a specified quantity of electricity at a specified location (including Demand Response as described in paragraph 1(c)(ii)) where:
Energy Transaction means a derivative to which all of the following apply:

Examples of Energy Transaction in a sentence

  • NYSEG represents and warrants that Buyer shall not be obligated to pay a NYSEG transmission charge in connection with any NYPP Economy Energy transaction as defined in the NYPP Agreement as effective and on file with FERC without waiving NYSEG's right to NYPP Economy Energy Transaction Transmission Fund payments.

  • If, at any time while this AIR is outstanding, the Company effects the Able Energy Transaction, then, upon any subsequent exercise of this AIR the Holder shall have the right to receive upon exercise of the AIR, the securities of Able Energy required to be exchanged for the Debentures pursuant to Section 4.9 of the Purchase Agreement ("ALTERNATIVE SECURITIES").

  • Amount due for Replacement Energy that occurs after the Operation Date has been established for this Facility -Current year’s Replacement Energy multiplied by (Replacement Energy Cost plus Replacement Energy Transaction Costs).

  • The terms of any agreement pursuant to which the Able Energy Transaction is effected shall include terms requiring Able Energy to comply with the provisions of this Section 4.9 and insuring that the securities required to be issued hereunder (or any such replacement security) will be similarly issued upon any subsequent transaction analogous to the Able Energy Transaction.

  • The terms of any agreement pursuant to which the Able Energy Transaction is effected shall include terms requiring Able Energy to comply with the provisions of this paragraph (b) and insuring that this AIR (or any such replacement security) will be similarly adjusted upon any subsequent transaction analogous to the Able Energy Transaction.

  • Account Funds in the Fuel Account of each Project Company shall only be used by each Project Company to make payments for Energy Transaction Costs pursuant to the Project Company's Energy Marketing Services Agreement, provided that no Issuer Event of Default has occurred and is continuing at the time the disbursements are made (unless otherwise directed by XLCA (if XLCA is the Controlling Party) pursuant to the Common Agreement).

  • The Company and each Secured Counterparty may, but are not required to, enter into Energy Transactions from time to time under the terms of this Agreement and the applicable Secured Counterparty ISDA Agreement, and in the event that the Company and such Secured Counterparty so agree to enter into such Energy Transactions, each such Energy Transaction shall be subject to the terms of the Facility Documents and the applicable Secured Counterparty ISDA Agreement.

  • Energy Offer Floor is negative $150/MWh. Energy Transaction Units (Energy TUs) are the sum for the month for a Customer of Bilateral Contract Block-Hours, Demand Bid Block-Hours, Asset Related Demand Bid Block-Hours, Supply Offer Block- Hours, Demand Reduction Offer Block-Hours, and Energy Non-Zero Spot Market Settlement Hours.

  • At the request of Great Bay, PECO shall offer for sale or use all or any portion of uncommitted Initial Power Amount on such terms and conditions as Great Bay shall direct, provided that the offer for sale is for a term of at least six (6) months in duration and that Great Bay shall not compel PECO to offer a Firm Energy Transaction, ("Great Bay Directed Offer").

  • An “Illegality” (as defined in any Secured Counterparty ISDA Agreement) as to any type or types of Energy Transaction that affects the Secured Counterparties generally (and not a particular Secured Counterparty due to its particular circumstances) shall occur and be continuing under any Secured Counterparty ISDA Agreement.


More Definitions of Energy Transaction

Energy Transaction means any transaction agreed to by CSE and Counterparty involving the sale or purchase, or the option for the sale or purchase, of energy, capacity, any Product (as such term is defined in the EEI Master Agreement) or any other similar product or commodity (including, without limitation, any emissions allowances); any agreement or contract to provide credit support, margin, collateral or other security in respect of any of the foregoing; any transaction similar to any of the foregoing; any transaction constituting a “Transaction” under a Master Agreement governed by and documented on an EEI Master Agreement, or any other enabling agreement or similar agreement; and any transaction expressly designated as a “Energy Transaction” in any Master Agreement or Confirmation.
Energy Transaction means an “Energy Transaction” as such term is defined in the Secured Counterparty ISDA Agreements. “Energy Transaction Date” has the meaning set forth in Section 3.02. “Environmental Claims” shall mean any administrative, regulatory or judicial actions, suits, demands, demand letters, directives, claims, liens, notices of noncompliance or violation, investigations and/or adjudicatory proceedings relating to noncompliance with, or liability arising under, Environmental Law or any permit issued, or any approval given, under any such Environmental Law (hereafter, “Claims”), including, without limitation, (a) any Claims by governmental or regulatory authorities for enforcement, cleanup, removal, response, remedial or other actions or damages pursuant to any Environmental Law and (b) any Claims by any third party arising out of or relating to the presence of, or exposure to, Hazardous Materials. “Environmental Law” shall mean any applicable Federal, state, foreign or local statute, law, rule, regulation, ordinance, code and rule of common law now or hereafter in effect and in each case as amended, and any binding judicial or administrative interpretation thereof, including any binding judicial or administrative order, consent decree or judgment, relating to
Energy Transaction means a derivative to which each of the following apply: