LTTC definition

LTTC means a person availing or intending to avail access to the Inter-State Transmission System for a period up to twenty-five years or more, and for the purposes of this Project, shall refer to entities listed in Annexure-1 of RFP or any such other person who executes a Supplementary Agreement for availing transmission service as per the provisions of the TSA;
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Examples of LTTC in a sentence

  • It is clarified that all decisions taken by the “Lead LTTC Name” appointed under Article 18.1.1, in its capacity as Lead Long Term Transmission Customer before such change, shall continue to be valid, in accordance with this Agreement.

  • Upon closing, Buyer shall cancel the LTTC Shares kept by the Buyer on its books and records in the name of the Seller upon Seller’s confirmation of the receipt of the Purchase Price.

  • If LLTC or Grand River, as the case may be, fails to pay any such Taxes when due to the appropriate taxing authority or fails to remit to the Agent the required receipts or other required documentary evidence, LTTC or Grand River, as the case may be, shall indemnify the Agent, the Lenders and the participants for any incremental taxes, interest, costs or penalties that may become payable by the Agent, such Lenders or such participants as a result of any such failure.

  • All notices, requests, demands or other communications by the terms hereof required or permitted to be given by either Party to the other shall be given in writing and be delivered to the Parties as follows: Euro-Projects (LTTC) Ltd.

  • Subject to the applicable provisions of the DGCL, at any time prior to the Effective Time, Larcan and LTTC may modify or amend this Agreement, by written agreement executed and delivered by their duly authorized officers.

  • The directors of LSI at the Effective Time shall, from and after the Effective Time, be the directors of the Surviving Corporation and the officers of LTTC shall, from and after the Effective Time, be the officers of the Surviving Corporation, in each case until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Corporation's Certificate of Incorporation and By-Laws and the DGCL.

  • While the bidding is being done on the basis of existing SBDs, and the list of LTTC is being provided as per the format of the existing SBDs, the transmission charges will be shared and recovered as per the applicable CERC regulation and will be recovered by the CTU from the Designated ISTS customers (DICs) and disbursed to the TSPs as per the Revenue Sharing Agreement.

  • This Agreement shall become effective when duly executed and delivered by Larcan and LTTC.

  • If any amount is to be paid to a person other than the person to which the Certificate surrendered for exchange is issued, the Certificate so surrendered shall be properly endorsed and otherwise in proper form for transfer and the person requesting such exchange shall affix any requisite stock transfer tax stamps to the Certificate surrendered or provide funds for their purchase or establish to the reasonable satisfaction of LTTC or its agent that such taxes are not payable.

  • LTTC shall be the surviving corporation in the Merger (the "Surviving Corporation") and shall continue to be governed by the laws of the State of Delaware, and the separate corporate existence of LTTC with all its rights, privileges, immunities, powers and franchises shall continue unaffected by the Merger.