GMEU definition
Examples of GMEU in a sentence
The Parties acknowledge that GMEU may implement curtailment and/or demand response programs for GMEU’s users in the Microgrid Program Area and agree that any payments to customers in connection with such programs may be paid for with monies paid by Seller as liquidated damages assessed under Section 14.
Purchaser has informed Seller, and Seller acknowledges, that GMEU will ▇▇▇▇ its end-users and collect payment for Contracted Energy that GMEU receives from Purchaser for resale in accordance with Section 5.5; provided, however, that Purchaser’s obligations to pay for Contracted Energy (including requirements to purchase the Minimum Purchase Quantity of Contracted Energy) under Section 5 shall not be affected by the timing and payment (or lack thereof) by such retail customers.
Any payments under this Agreement by Purchaser to Seller shall be made from a controlled account that is (i) established prior to any sale of Contracted Energy from Seller to Purchaser for the purpose of collecting payments from end-users to the GMEU and remitting payments from Purchaser to Seller, and (ii) established pursuant to an account control agreement, an intercreditor and/or collateral agreement, and any other necessary agreement required to establish the controlled account (“Lockbox Account”).
Seller is not responsible to pay for any Utility Charges, including, without limitation, Power Charge Indifference Adjustment charges, non-bypassable charges, departing load charges and/or standby charges incurred by Purchaser, GMEU or its end- users.
In no event may Seller publish the name or other identifying information of an end-user of GMEU without the end-user’s written consent.
Notwithstanding the foregoing, Seller shall make Meter Data available to Purchaser in a timely fashion to allow the GMEU to ▇▇▇▇ its end- users.