Existing PPA definition

Existing PPA means [insert title and date of the existing power purchase agreement between Buyer and Seller, including any amendments, as well as any extension agreements entered into pursuant D.▇▇-▇▇-▇▇▇].

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Existing PPA has the meaning set forth in Section 1.01.

Existing PPA means the Qualifying Facility Power Purchase Agreement Between TKO Power, LLC (South Fork Bear Creek Hydro) and Pacific Gas and Electric (PG&E Log No. 13H040) dated April 4, 1985, as amended by the July 13, 2001, Agreement, dated July 13, 2001; Fixed Energy Price Amendment, dated May 5, 2006; and the 2011 Renewable Fixed Energy Price Amendment dated July 18, 2011.

Examples of Existing PPA in a sentence

• NJEA and JCP&L have entered into an Amended and Restated Power Purchase Agreement dated May 16, 2003, as amended to date (collectively, the "Amended PPA") that amends and restates the Existing PPA and provides NJEA with the option of supplying Contract Energy from sources other than the Facility.

• Neither NJEA nor, to the best of NJEA's knowledge, JCP&L is in default under the Existing PPA, and no condition exists that, with the passage of time, the giving of notice, or both, would constitute any such default.

• The Parties acknowledge and agree that all claims, liabilities and obligations relating to tracking, adjustment or advance payment account provisions under any Existing PPA shall be extinguished as of the Effective Time (and such extinguishment shall be reflected in the general release).

• Neither JCP&L nor, to the best of JCP&L's knowledge, NJEA is in default under the Existing PPA, and no condition exists that, with the passage of time, the giving of notice, or both, would constitute any such default.

• Jersey Central Power & Light Company ("JCP&L") and NJEA are parties to a Power Purchase Agreement dated as of October 22, 1987, as amended to date (the "Existing PPA"), pursuant to which JCP&L purchases from NJEA contract capacity of not less than 250 MW and the associated electricity of the Facility.

• Buyer and Seller desire to amend and restate the Existing PPA as provided for herein, and to have this Amended and Restated Power Purchase Agreement replace the Existing PPA in its entirety.

• For the avoidance of doubt, no termination of the First Amendment in accordance with the foregoing shall in any manner serve as a termination of or otherwise affect the Existing PPA.

• As of the Effective Time, this Release, the Execution Agreement and the Amended and Restated Power Purchase Agreement between the Parties constitute the entire agreement of the Parties pertaining to the release of each of the Parties' Claims under the Existing PPA.

• NGPC assigned its rights and interests in and to the Existing PPA to Supplier pursuant to that certain Assignment and Assumption of Power Purchase Agreement between NGPC and Supplier, dated as of October 24, 2007.

• JCP&L has not assigned or otherwise transferred its rights or obligations under the Existing PPA to any third party, nor has the Existing PPA been amended or modified except as described in the Execution Agreement, dated as of May 16, 2003, by and between JCP&L and NJEA (the "Execution Agreement").

More Definitions of Existing PPA

Existing PPA means a Power Purchase Agreement concluded with an Existing Priority Producer;

Existing PPA means the Power Purchase Agreement dated March 30, 1987, between Buyer and Biomass One, L.P., as amended from time to time.