Definition of Power Transaction

  1. Power Transaction means a specifically agreed to purchase or sale of Power between MMC and Energy Manager pursuant to CAISO tariff or Third Party agreement.

Examples of Power Transaction in a sentence

  1. If the fixed price for any Energy Swap includes an Energy Adder, Party B shall not be obligated to pay an Energy Adder with respect to that portion of any Power Transaction which at the time of determination is hedged by such Energy Swap.
  2. Each Additional Physical Power Transaction for which a confirmation has been entered into pursuant to Section 7.2(a) shall become an Additional Transaction (and a Transaction) for all purposes hereunder (including Article V) effective as of the trade date (the Additional PP Transaction Closing Date) specified in such confirmation.

Definition of Power Transaction in Management Agreement

Power Transaction means a specifically agreed to purchase or sale of Power between MMC and Energy Manager pursuant to CAISO tariff or Third Party agreement.