PEMC definition

PEMC shall have the meaning assigned to such term hereinabove.
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PEMC means the Philippine Electricity Market Corporation, a company existing under the laws of the Philippines, established pursuant to Section 30 of the EPIRA;
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Examples of PEMC in a sentence

  • However, the Company may authorize PEMC and/or IEMOP, in writing, to remit its receivables or to accept payments for its WESM transactions or a portion thereof to/from nominated banks or financial institutions pursuant to financing arrangements that the Company may have, or to/from such other person or entity as the Company shall identify, or to otherwise allow such other person or entity to settle the Company’s transactions in the WESM.

  • The Company may change its address as set forth in the Application by written notice to the PEMC and IEMOP.

  • For this purpose, the Company undertakes to comply with procedures and requirements as may be set by PEMC and/or IEMOP from to time to effect the assignment.

  • The PEMC and IEMOP shall not be liable for any loss or damage suffered or incurred by the Company or any other person as a consequence of any act or omission of their respective officers, directors, employees, members, agents or other persons acting on their behalf or on behalf of PEMC and IEMOP, unless said officers, directors, employees, members, agents and other persons, or any one of them, as the case may be, acted with malice, manifest partiality, bad faith, gross incompetence or gross negligence.

  • Any notice, demand, consent, request or other communication required or permitted to be given or made under this Agreement shall be given or made in the manner set forth in WESM Rule 9.6 and be addressed in accordance with the information set forth in the Application for Registration submitted to PEMC and/or IEMOP.

  • A Piedmont Electric Membership Corporation Member who requests interconnection with PEMC must submit this Interconnection Request by hand delivery, mail, or e-mail ▇▇▇▇▇ ▇▇▇▇▇▇▇.

  • The obligations of Prime and PEMC as Mortgagor hereunder are joint and several in all respects.

  • The Administrative Agent may provide any release documentation or related documentation that it deems necessary that may be reasonably requested by the Borrower with respect to the PEMC Dissolution or the EOWSC Sale, which in each case, shall be solely at the Borrower’s expense, including any filings to be made in connection therewith.

  • As used in this Amendment, each of the terms "Agent," "Amendment," "Bank One," "Borrower," "Borrowers," "Credit Agreement," "DNB," "Lender," "Lenders," "PEC," and "PEMC" shall have the meaning assigned to such term hereinabove.

  • The Employer shall allow the Union to use PEMC PRMCE meeting rooms for Union meetings, subject to their availability.