IPC Contract definition

IPC Contract means the Firm Energy Sales Agreement between US Geothermal and Idaho Power entered into on December 29, 2004, Project Number 31765155, and approved by the Idaho Public Utilities Commission, as such contract may be amended, modified or supplemented from time to time.
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Examples of IPC Contract in a sentence

  • In the event that the Buyer or any of its Affiliates makes any payment to GC North America pursuant to this Section 3.3 or any third party receives any amounts from the Buyer or any of its Affiliates with respect to the Scheduled Tax Liability, the IPC Guaranteed Debt or the IPC Contract Guarantees, the Buyer may withdraw funds from the Holdback Account in an amount equal to the amount so paid or collected.

  • Shares Purchase Price deferred at the Closing to the extent that the Buyer or any of its Affiliates pays any third party any amounts with respect to the Scheduled Tax Liability, the IPC Guaranteed Debt, the IPC Contract Guarantees, the Severance Obligations or the Transfer Penalties.

  • No IPC Entity has received notice of any default under any IPC Contract Guarantee or IPC Guaranteed Debt and (ii) to the knowledge of the Sellers, each of the primary obligations to which an IPC Contract Guarantee or an IPC Guaranteed Debt relates is in full force and effect and there is no default under any IPC Contract Guarantee or any IPC Guaranteed Debt.

  • Seller shall notify Buyer and providing Buyer with an opportunity to attend any Revenue Meter calibration or tests conducted by Seller or by Idaho Power or others, and to review results of meter readings that may be furnished by Idaho Power or others to Seller, subject to the confidentiality provisions or requirements for consent of Idaho Power or others, if any, applicable under the IPC Contract or any Full Output Contract as the case may be.

  • Except as set forth on Schedule 4.9, no IPC Entity has entered into any guarantees (other than for borrowed money), keepwells or other support arrangements or agreements for the benefit of any Seller, any Affiliate of any Seller (other than the IPC Entities) or any third party (collectively, the "IPC Contract Guarantees").

  • If Seller is delivering Specified Energy under the IPC Contract, then the price per REC shall be as given in Table 1.

  • In the event that the Buyer or any of its Affiliates makes any payment to GC North America pursuant to this Section 3.3 or any third party receives any amounts from the Buyer or any of its Affiliates with respect to the IPC Guaranteed Debt or the IPC Contract Guarantees, the Buyer may withdraw funds from the Holdback Account in an amount equal to the amount so paid or collected.

  • SECTION 4.1. Corporate Existence and Power 7 SECTION 4.2. Authorization 7 SECTION 4.3. Consents 8 SECTION 4.4. Noncontravention 8 SECTION 4.5. The Shares and the Assets 8 SECTION 4.6. Brokers and Intermediaries 8 SECTION 4.7. Real Property 8 SECTION 4.8. Sufficiency of Assets 9 SECTION 4.9. IPC Contract Guarantees 9 SECTION 4.10.

Related to IPC Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Project Contract means any Contract, excluding this Agreement and, as and when executed, the Ancillary Agreements [reserved], to which Seller is a party, or by which Seller or any of the Project Assets is bound, that relates to or has the primary purpose of supporting the Work or the Project, including, for the avoidance of doubt, any Contract pursuant to which Seller or any of its Affiliates is granted a real property or other interest in the Project Site (in whole or in part) or is licensed or granted the right to use, or holds or possesses, any Project Intellectual Property Rights.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;