Power Transaction definition
Examples of Power Transaction in a sentence
Accordingly, the transactions contemplated under the Direct Power Transaction Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.
The Group normally does not bear any inventory risk or credit risk under the Direct Power Transaction.
Unless expressly provided in a Transaction Document, no Power or Transaction Document merges in, limits or excludes any other Power, Transaction Document or judgment which the Mortgagee or a Receiver (or anyone claiming through it) may have or obtain.
In December 2017, CR Jiangsu, CR Xuzhou and Jiangsu Electric Power Company entered into the Direct Power Transaction Agreement.
To the extent it wishes to be entitled to enter into Physically Settled Futures Transactions, the Contracting Party has and will at all times have access to capacity on the Transportation Systems, or, in the case of a Physically Settled Futures Power Transaction, the Transmission Provider, to allow the Contracting Party to perform its Obligations under all Physically Settled Futures Transactions.
The proposed annual cap for the transactions under the Direct Power Transaction Agreement from 1 January 2018 to 31 December 2018 is expected to be RMB700 million (equivalent to approximately HK$840 million).
If Buyer and Seller are each required to pay an amount in the same month pursuant to this Confirmation or any other Physically Settled Power Transaction, then such amounts with respect to each Party shall be aggregated and the Parties shall discharge their obligations to pay through netting, in which case the Party owing the greater aggregate amount shall pay to the other Party the difference between the amounts owed.
Unless expressly provided in a Transaction Document, no Power or Transaction Document merges in, limits or excludes any other Power, Transaction Document or judgment which TfNSW may have or obtain.
None of the Directors is considered to have material interest in the Direct Power Transaction Agreement and any transactions contemplated thereunder.
The main risk that the Group may be exposed to under the Direct Power Transaction is that, due to misjudgement about the market condition (mainly coal price fluctuations) and time gap when negotiating with the end users and the power plants, the price offered by CR Jiangsu to the end users could potentially be lower than the price that it agrees with the power plants (i.e. CR Xuzhou in the case of the Direct Power Transaction) for purchasing electricity.