Nova Scotia Block definition

Nova Scotia Block has the meaning set forth in the Energy and Capacity Agreement;
Nova Scotia Block has the meaning set forth in the A&R TSA;

Examples of Nova Scotia Block in a sentence

  • As a result of this assignment, Nalcor and Muskrat Falls are jointly liable for the delivery of the Nova Scotia Block to Emera.

  • This energy would be transmitted from Nova Scotia to New England energy markets beginning at first commercial power of the Muskrat Falls hydroelectric generating facility and related transmission assets when Nalcor commences delivery of the Nova Scotia Block, and continuing for 50 years.

  • Given that the benefits to19 ratepayers prior to the Nova Scotia Block and Nalcor market-priced energy are secured20 by Nova Scotia Power through the Maritime Link, Nova Scotia Power will report on21 these in its Quarterly Fuel Adjustment Mechanism Report.1 2.0 UPDATE OF PROJECT SCHEDULE‌23 The Maritime Link was placed in-service on January 15, 2018.

  • Given that the benefits to19 ratepayers prior to the Nova Scotia Block and Nalcor market-priced energy are secured20 by Nova Scotia Power through the Maritime Link, Nova Scotia Power will report on21 these in its Quarterly Fuel Adjustment Mechanism Report.1 2.0 UPDATE OF PROJECT SCHEDULE23 The Maritime Link was placed in-service on January 15, 2018.

  • Nalcor will provide Emera with approximately one million MWh per year (Nova Scotia Block) or 20% of the energy from Muskrat, for a term of 35 years.17The rationale given for the project at the press conference was the closure of the 490 MW Holyrood thermal plant and the elimination of its GHG, along with stabilization of power costs by avoiding continued exposure to the price volatility of oil-fired thermal generation.

  • On some plans, the contractor will help define the target audience by analyzing information from CMS to assure that messaging reaches the most relevant audience for best results.All plans must be approved by CMS and should include critical dependencies, key decision points, tactics on identifying new partners/community organizations at the local/state/national level that may help in achieving the goals of that project and cost estimate reports for each new project.

  • This 20% of the energy and capacity has a term of 35 years and, when combined with the five-year Supplemental Energy (described immediately below), is called the Nova Scotia Block (NS Block).

  • Within 120 days after the A&R Effective Date, the Parties will negotiate to enter into an agreement whereby Nalcor will provide Regulation Service with respect to the Nova Scotia Block to Emera for the Initial Term.

  • When the IIS system has been stabilized, the power imported to the IIS on the LIL has to be shared on a pro-rata basis between the Nova Scotia Block and the requirements of the IIS with any shortfall for the IIS having to be met by other generation sources on the IIS.

  • Nalcor shall not suspend the delivery of the Nova Scotia Block if Emera is contesting a default under either of the Maritime Link Transmission Service Agreements or the Nova Scotia Transmission Utilization Agreement as a dispute, and the matter has not been determined in accordance with the dispute resolution procedure under such agreement.


More Definitions of Nova Scotia Block

Nova Scotia Block has the meaning set forth in the Energy and Capacity Agreement; “Off-Peak Hours” means the hours of a day that are not Peak Hours;
Nova Scotia Block has the meaning set forth in the Energy and Capacity Agreement; “Original MEPCO TRA” has the meaning set forth in the preamble to this Agreement;

Related to Nova Scotia Block

  • Mizuho means Mizuho Bank, Ltd.

  • MUFG means MUFG Bank, Ltd.

  • Fortis means Fortis Inc.;

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • Citicorp has the meaning specified in the preamble to this Agreement.

  • CGMI means Citigroup Global Markets Inc.

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • JPMorgan means JPMorgan Chase Bank, N.A. and its successors.

  • BTMU means The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Royal Bank means Royal Bank of Canada.

  • Xxxxx Fargo Securities means Xxxxx Fargo Securities, LLC.

  • CIBC means Canadian Imperial Bank of Commerce.

  • Rabobank means Coöperatieve Rabobank U.A., New York Branch.

  • Documentation Agents as defined in the preamble hereto.

  • Documentation Agent as defined in the preamble hereto.

  • Natixis means Natixis Real Estate Capital LLC and its successors in interest.

  • Related Bodies Corporate has the meaning given to that term in the Corporations Xxx 0000 (Cth).

  • CS means the New York State Department of Civil Service. “DOB” shall mean New York State Division of the Budget. “EEO” shall mean Equal Employment Opportunity.

  • Deutsche Bank means Deutsche Bank AG and its affiliated companies, as the context requires.

  • Book Runner means the same as defined in the Public Offering Regulations, 2017;

  • North America means the United States, Canada and Mexico.

  • KeyBank means KeyBank National Association.

  • Scotiabank is defined in the preamble.

  • Syndication Agent as defined in the preamble hereto.