NMPRC Approval definition
Examples of NMPRC Approval in a sentence
The remaining obligations of the Parties under this Agreement become effective as of the date upon which NMPRC Approval has been obtained (the “Start Date”).
If NMPRC Approval has not been obtained by March 31, 2008, this Agreement shall terminate automatically.
Buyer has received the NMPRC Approval and the FERC Approvals, and the NMPRC Approval and the FERC Approvals are validly issued and in full force and effect.
Buyer has received the NMPRC Approval, the FERC Approvals, and the Buyer Approvals, and such NMPRC Approval, FERC Approvals and Buyer Approvals are validly issued and in full force and effect.
Following receipt of any of the NMPRC Approval or FERC Approvals (or any component thereof), Buyer and WST Seller shall, as soon as commercially practicable but in no event later than ten (10) Business Days following receipt thereof, notify each other of the existence or non-existence of a Buyer Burdensome Condition or Seller Burdensome Condition, as applicable.
Notwithstanding anything in this Agreement to the contrary, WST Seller shall, in its sole discretion, be entitled to accept any limitation (in total) on the Project Costs (x) permitted to be included in the incremental rate, in the case of the FERC 205 Approval, or (y) permitted to be paid by Buyer pursuant to this Agreement, in the case of the FERC 203 Approval or the NMPRC Approval.