Generator Assets definition

Generator Assets means the Generating Facilities and related property, machinery, equipment, facilities and systems, including the Generator Leads and Attachment Facilities, delineated on Annex II as owned by Generator.
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Generator Assets means ▇▇▇▇▇ A and ▇▇▇▇▇ B and such other assets and property of the Generator as may be used primarily for the purpose of operating and maintaining ▇▇▇▇▇ A and ▇▇▇▇▇ B, or either of them, which, for greater certainty, do not include any Electricity, By- products, Related Products or Liquid Investments or any assets, property, activities, undertakings, revenues or goodwill of the Excluded Business. “G FMV” has the meaning ascribed to it in Schedule 3. “GA FMV” has the meaning ascribed to it in Schedule 3.
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Examples of Generator Assets in a sentence

  • However, that estimate shall not diminish, change, or affect Generator’s obligation to pay to Con Edison all costs that Con Edison actually incurs, including those that exceed such estimate, in connection with the Substation Modifications and the installation and connection of Generator Assets in the Substation.

  • Accordingly, if this Agreement is terminated prior to the completion of the Substation Modifications and the Attachment Facilities for any reason referenced in Section 5.01(b) (“Construction Period Termination”), Con Edison shall have the right, but not the obligation to terminate any Supplier/Contractor Contracts that it executed in connection with the Substation Modifications or the installation and connection of the Generator Assets in the Substation.

  • Except as provided in Section 2.03(a) with respect to the Generator Assets located within the Substation, each Party shall be responsible for its own construction work, modifications and circuit changes, and the other Party's review of, comments on, or consent to any documents, drawings, plans, specifications or other documentation provided by the initiating Party, shall not relieve the initiating Party of, or affect in any way, its responsibility for the work to be performed.

  • Except as otherwise provided herein, Con Edison shall not be responsible for the operation or maintenance of, or for providing, procuring or storing spare parts for, the Generator Assets and Generator shall not be responsible for the operation or maintenance of, or for providing, procuring or storing spare parts for, the Con Edison Assets, regardless of the location of such Generator Assets or Con Edison Assets, as applicable.

  • Generator waives all claims against Con ▇▇▇▇▇▇ relating to any Indemnifiable Losses caused by any delay in the completion of the Substation Modifications or installation of the Generator Assets within the Substation, except where such delay results from Con ▇▇▇▇▇▇’s failure to use reasonable efforts to complete the modifications or installation promptly.

  • Generator waives all claims against Con Edison relating to any Indemnifiable Losses caused by any delay in the completion of the Substation Modifications or installation of the Generator Assets within the Substation, except where such delay results from Con Edison’s failure to use reasonable efforts to complete the modifications or installation promptly.

  • The Counterparty acknowledges that either of the TopCos and the Generator, acting together, may propose one or more such transactions in the future that would not have the effect of changing a TopCo’s DIP-G or Beneficial Interest in the Generator Assets.

  • In the case of any Transfer other than a Permitted Transfer, as a condition subsequent to the completion of the proposed Transfer, the applicable TopCo shall pay, or cause its applicable Intermediate Entity to pay or, if the Generator Transfers Generator Assets the TopCos shall collectively cause the Generator to pay, the Counterparty on the applicable Payment Date the Transfer Payment.

  • This value is based on real-time operating conditions and the physical operating characteristics and operating permits of the facility and must be submitted for all Generator Assets (other than Settlement Only Resources).

  • The Counterparty acknowledges that either of the TopCos and the Generator, acting together, may propose one or more such transactions in the future that would not have the effect of changing a TopCo’s DIP in the Generator or Beneficial Interest in the Generator Assets.