GLPL definition
Examples of GLPL in a sentence
Network Facilities $(insert number) As noted above, GST is not included in the estimate of the Actual Cost of the GLPL Connection Work and will be collected when GLPL renders the invoice or credit memorandum in accordance with Section 18 hereof.
The security provided shall not exceed the remaining amounts owing for costs plus GLPL Connection Work – Non-Recoverable – Network Facilities documented in Schedule “D” under this Agreement.
The total (2.1 + 2.2 + 2.3) GLPL Connection Work estimated cost recoverable from the Load Customer using the GLPL Economic Evaluation Procedure (refer to Appendix F for details) approved by the Board is (Insert number in words) dollars $(Insert number).00).
The Load Customer, whenever required by GLPL to do so, shall furnish security satisfactory to GLPL for the performance by the Load Customer of its obligations for costs documented in Schedule “D” under this Agreement.
The required amount of such collateral is at least equal to the Original Additional Collateral Requirement for such Parent Power Mortgage Loan.
The Load Customer shall pay GLPL the Actual Cost of the GLPL Connection Work – Recoverable – New Load Customer Facilities which is estimated to be the amount specified in Schedule "D" (plus applicable taxes) in the manner of payment specified in Schedule "D".
An alternate form of security, if satisfactory to GLPL, would be an irrevocable corporate guarantee from a Load Customer’s affiliated company.
GLPL shall also provide to the Load Customer together with the final invoice or credit memorandum, a new Schedule "F" to replace Schedule "F" of this Agreement attached hereto and said new Schedule "F" shall be made a part hereof as though it had been originally incorporated into this Agreement.
The Load Customer shall pay a capital contribution (the ‘Capital Contribution”) which is calculated based on the Actual Cost of the GLPL Connection Work – Recoverable – Connection Facilities and GLP Connection Work – Recoverable – Network Facilities (provided a direction is obtained from the OEB) and as per the GLPL Economic Evaluation Procedure approved be the Board (plus applicable taxes) in the manner of and time of payment specified in Schedule "D".
The estimate of Actual Cost of the GLPL Connection Work is based on the preliminary estimate provided to the Load Customer on (insert date) for transmission connection plus the additional estimate for GLPL review and commissioning costs associated with the New Load Customer Facilities.