New Allocations definition
Examples of New Allocations in a sentence
New Allocations made by the General Partner in reliance upon the advice of counsel and accountants as described above shall be deemed to be made in the best interests of the Partnership and all of the Partners consistent with the duties of the General Partner hereunder and any such New Allocations shall not give rise to any claim or cause of action by any Partner against the Partnership or the General Partner.
Except as provided in the preceding subsection, the Company shall continue to purchase and resell any Expansion Power and energy which it is contractually obligated to purchase for resale to customers receiving such New Allocations by the existing provisions of the EP Resale Contract governing such unbundled purchases and resales.
Transmission service for all New Allocations shall be governed in all respects by the provisions of Part IV of the Open Access Tariff of the New York Independent System Operator, Inc.
Instead, the transmission and delivery of such New Allocations shall be governed in all respects by the provisions of Part IV of NYISO's Open Access Transmission Tariff accepted by the Federal Energy Regulatory Commission (“FERC”) and in effect from time to time, or any successor tariff (“OATT”) and Contractor’s Retail Tariff P.S.C. No. 207 – Electricity approved by the New York State Public Service Commission (“the PSC”) and in effect from time to time, or any successor tariff (“Retail Tariff”).
New Allocations made by the Managers in reliance upon the advice of counsel and accountants as described above shall be deemed to be made in the best interests of the Company and all of the Shareholders consistent with the duties of the Managers hereunder and any such New Allocations shall not give rise to any claim or cause of action by any Shareholder or Economic Interest Holder against the Company or any Manager.
New Allocations made by the General Partner in reliance upon the advice of counsel or accountants as described above shall be deemed to be made in the best interests of the Partnership and all of the Partners, and any such New Allocations shall not give rise to any claim or cause of action by any Partner against the Partnership or any General Partner.
Replacement power and energy associated with New Allocations of replacement power shall not be purchased, transmitted, delivered or resold under the provisions of this Agreement.
New Allocations made by the General Partner in reliance upon the advice of counsel or accountants, as described in this Section 6.1(d), will be deemed to be in the best interests of the Partnership and all of the Partners consistent with the duties of the General Partner under this Agreement, and any such New Allocations will not give rise to any claim or cause of action by any Partner against the Partnership or the General Partner.
New Allocations made by the Managing Member in reliance upon the advice of counsel or accountants as described in this section will be deemed to be made in the best interests of the Company and all of the Members consistent with the duties of the Managing Member under this Agreement and any such New Allocations will not give rise to any claim or cause of action by any Member against the Company or any Managing Member.
New Allocations made by the General Partner in reliance upon the advice of counsel or accountants as described in this Section 6.1(d) will be deemed to be in the best interests of the Partnership and all of the Partners consistent with the duties of the General Partner under this Agreement, and any such New Allocations will not give rise to any claim or cause of action by any Partner against the Partnership or the General Partner.