NTS Agreement definition

NTS Agreement means the Excess Power Sales Agreement dated December 1, 1980, whereby the named Utah municipal and co-op sellers transferred and assigned to Purchaser a percentage share of their rights to capacity and use of each segment of the NTS.
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Examples of NTS Agreement in a sentence

  • IBM and the Company shall execute a revised NTS Agreement which shall substantially reflect the terms and conditions specified in Exhibit G, attached hereto.

  • This language produces the same result as the language in the NTS Agreement, but is simpler to understand, particularly when the allocation is among NTSA Parties with various sized shares.

  • Bonneville shall consult with the Participants before agreeing to any amendment of the NTS Agreement.

  • No amendment of such agreement which could, in the determination of any Party, have an effect on the rights or obligations of a Participant under this Agreement shall have any such effect unless and until such amendment is agreed to by all Parties, whereupon Exhibit A shall be revised to conform to the NTS Agreement as amended.

  • They are intended to clarify how the scheduling is to be done and provide some details not specified in this Agreement or the NTS Agreement.

  • This allocation parallels the NTS Agreement, but it is much easier to state it this way since the U.S. Parties have Assured Shares of different sizes.

  • If the Purchaser’s transmission rights under the NTS Agreement on the path from the Delivery Point to the IPP Substation are or will be permanently reduced or terminated, Purchaser shall promptly notify Seller of the date upon which the reduction or termination will occur.