FRES definition

FRES shall have the meaning set forth in the recitals to this Agreement.
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FRES means First Rate Exchange Services Limited, a company registered in England and Wales with company number 4287490 whose registered office is at Great West House, Great West Road, Brentford, London, TW8 9DF, United Kingdom. FRES is a joint venture company set up by Post Office and Bank of Ireland.
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FRES means all of the component services the Company requires to meet Customer’s instantaneous electric power and Energy requirements at any given time under the Company’s tariffs, applicable tariffs on file with the FERC, and other applicable laws. Components of FRES include, without limitation, all required Energy, (including that required to satisfy Energy Losses), Capacity and volumetric risk management. Providing or supplying FRES to the Company also includes the responsibility to arrange for, acquire, and pay for those services specified in Appendix C for which the CPP-B Supplier is listed as being the responsible Party, in each case in accordance with the applicable tariffs on file with the FERC.
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Examples of FRES in a sentence

  • The Army’s requirement for armoured vehicles: the FRES programme: Government Response to the Committee’s Seventh Report of Session 2006–07 HC 511.

  • The execution and delivery by each FRES Participant of each Transaction Document and the consummation by it of the transactions contemplated thereby have been duly and validly authorized by all necessary corporate or other action on the part of each such Person.

  • Contemporaneously with the delivery of the Put Notice, the FRES Participants shall execute and deliver to AMRM the Representation Agreement.

  • Except upon transfer of the FRES Affiliate Interest or upon a transfer permitted under Section 10.1 in the Partnership and the admission of transferees as a substitute Partner in compliance with Article 11, no Partner shall have the right to withdraw from the Partnership except with the approval of all of the Partners.

  • Except as described on Schedule 2.6, no option, warrant, call, conversion right or commitment of any kind exists that obligates any Transferor to issue any of its authorized but unissued capital stock or any partnership or other equity interest or that obligates any FRES Participant to sell, transfer or otherwise dispose of any of its or his ownership interest in any Transferor.

  • This Agreement may be modified or amended only by a written instrument executed by the FRES Participants, the American Participants and the Transferees.

  • Whether or not the transactions contemplated hereby are consummated, the FRES Participants, on the one hand, and the American Participants and the Transferees, on the other hand, will pay the fees and expenses of their respective agents, representatives, accountants and counsel incurred in connection with this Agreement and the transactions contemplated hereby and no such expenses will be borne by the Partnership.

  • The FRES Participants shall pay all indemnification claims in cash.

  • Each FRES Participant has all corporate or other power and authority to enter into and perform each Transaction Document and to consummate the transactions contemplated thereby.

  • From time to time, at the request of any Transferee and without further consideration, the FRES Participants shall execute and deliver any further instruments and take such other action as may be reasonably requested by such Transferee to carry out the transactions contemplated hereby.