EPME definition

EPME means El Paso Merchant Energy, L.P., a Delaware limited partnership, and its successors and assigns.
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EPME shall have the meaning provided in the Preamble.
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EPME. EL PASO MERCHANT ENERGY, L.P. BY: Amy L. Allison --------------------------------------------------------- ▇▇▇▇TED NAME: Amy L. Allison ----------------------------------------------- ▇▇▇▇E: Vice President, Managing Director & Controller ------------------------------------------------------ Location of State of incorporation or organization: Delaware Location of chief executive office: Texas SCHEDULE A UNDERLYING MASTER AGREEMENTS Natural Gas Purchase Agreement dated 9/1/90 Gas Sales Agreement dated 8/18/94 Gas Sales Agreement dated 11/15/98 Gas Sales Agreement dated 9/20/99 Long Term Gas Agreement dated 9/1/00 Long Term Gas Agreement dated 10/5/01 GISB Contract for Short Term Sale and Purchase of Natural Gas dated 3/1/97 Including any and all amendments to any of the foregoing. EXHIBIT 10.55 ANNEX A COLLATERAL ANNEX TO MASTER NETTING, SETOFF, AND SECURITY AGREEMENT This Annex A Collateral Annex to Master Netting, Setoff, and Security Agreement (this "Collateral Annex"), supplements, forms a part of, and is subject to, the Master Netting, Setoff, and Security Agreement, dated December 2, 2002 (collectively the "Agreement"), among MCV and EPME. Capitalized terms used in this Collateral Annex but not defined herein shall have the meanings given such terms in the Agreement.
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Examples of EPME in a sentence

  • CDWR, the AG, the CPUC, and the CEOB each stipulate and agree that CDWR shall have no right to demand collateral or margining from EPME on account of or as a consequence of effectuating the reduction in price set forth in the Renegotiated Contract.

  • EPME has taken all actions necessary to authorize the execution and delivery of this Agreement, and the performance of its obligations hereunder, and the consummation of the transactions contemplated hereby.

  • EPME shall reduce the price of the Original Contract by $125,000,000 pro rata effective as of the date hereof to the end of the term of the Original Contract (the “Renegotiated Contract Price”), and the Original Contract shall be amended, effective as of the Effective Date, to reflect the contract price adjustment provided for herein.

  • This Agreement has been duly authorized, executed, and delivered by, and is enforceable against, EPME, except as the enforceability hereof may be limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally and by general principles of equity.

  • EPME shall reduce the price of the Original Contract by $125,000,000 pro rata effective as of the date hereof to the end of the term of the Original Contract (the "Renegotiated Contract Price"), and the Original Contract shall be amended, effective as of the Effective Date, to reflect the contract price adjustment provided for herein.

  • The Parties expressly acknowledge and agree that to the extent that the Effective Date does not occur on or before January 31, 2002, the terms and conditions of this Agreement will not be binding on EPME and EPME will be under no obligation whatsoever to comply with or otherwise abide by the terms and conditions set forth in this Agreement.

  • The parties agree that East Coast's only remedy for breach of this Agreement by EPME or the Shared Personnel shall be for East Coast to terminate this Agreement pursuant to Article 4, or to have the Shared Personnel re-perform services as provided in Section 6.1.

  • However, EPME shall not assign its rights or obligations hereunder (whether by operation of law or otherwise) without the prior written consent of East Coast, unless the transfer is to an Affiliate of EPME and the performance of such Affiliate has been guaranteed by EPME.

  • EPME, in EPME's discretion with the prior written approval of East Coast, may subcontract with Affiliates, and may subcontract with third parties for the performance of professional services, but may not otherwise subcontract for the performance of services to be performed by EPME under this Agreement.

  • Enron shall pay or cause to be paid all taxes, fees, levies, penalties, licenses or charges imposed by any government authority (“Taxes”) on or with respect to the Gas prior to its delivery of the Gas to EPME at the Location Point(s) on the Effective Date, including the Effective Date, in accordance with the terms of this Agreement.