Future Resource definition

Future Resource means any Resource of the Seller that is not one of the Existing Resources (and shall include any Discretionary Resource Modification to the extent that it is treated as a separate Resource under Section 3.3.2(d)).
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Future Resource means any (i) new Generating Resource, or (ii) Power Purchase Resource of the Seller or (iii) Major Resource Modification pursuant to Section 3.4.3(c).
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Examples of Future Resource in a sentence

  • The Member acknowledges that the other Participating Members have made the same elections and the Seller has consented to such elections and that the LPM Power Sales Resource and the LPM Future Resource (and the underlying Existing Resources committed to such Power Sales Resource) will not be included in the Pool.

  • To the extent that a Resource Modification to an Existing Resource is treated as a separate Resource under Section 3.3.2(d), such separate Resource constitutes a Future Resource and liability of Purchasers that do not have a PCR with respect to such Future Resource shall be governed by Section 3.4.3.

  • Likewise, the Member irrevocably designates its schedule of capacity and associated energy from the LPM Future Resource to be in each hour the Member Load, less Excluded Customer Choice Load.

  • To the extent that a Resource Modification to a Future Resource is treated as a separate Resource under Section 3.3.2(d), such separate Resource constitutes a separate Future Resource and liability of Purchasers that do not have a PCR with respect to such separate Future Resource shall be governed by this Section 3.4.3.

  • Such pro rata liability shall extend to any Resource Modification of a Future Resource except to the extent that such Resource Modification is treated as a separate Resource under Section 3.3.2(d).

  • The approval of the Member Purchasers referred to in clauses (y) and (z) must be evidenced by resolutions of the boards of directors of such Member Purchasers specifically approving such Future Resource.

  • The LPM Contract shall be treated as a Future Resource for the purpose of the Seller's purchases thereunder and a Power Sales Resource for purposes of the Seller's sales thereunder.

  • This section provides the background to ‘The Key to our Future Resource Pack’, the Hull City Council Tenant Involvement Agreement, formerly known as the Compact and Tenant Participation Strategy and it explains: l what the partnership aims are l the housing service’s vision l why tenants and residents are involved l our involvement principles l who the partners are.

  • The Tenants’ Forum and the housing service have worked together to write the ‘The Key to our Future Resource Pack’ which contains details of the Tenant Participation Strategy and Action Plan (sections 1 to 3), and details of the ‘Compact’ (sections 4 and 5).

  • All Participating Members, including the Member, receive allocations in the MS Contract Power Sale Resource, as set forth in Exhibit 5, and are assigned a PCR in the MS Future Resource, as set forth in Exhibit 6.

Related to Future Resource

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Mineral Resource means a concentration or occurrence of diamonds, natural solid inorganic material, or fossilized organic material including base and precious metals, coal, diamonds or industrial minerals in or on the earth’s crust in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge;

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • Inferred Mineral Resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.