Redbud Generating Facility definition
Examples of Redbud Generating Facility in a sentence
The Operations Manager shall monitor the operating condition of the Redbud Generating Facility and communicate such information to the Owners in accordance with the procedures set forth in Exhibit F.
Each of the Owners shall cooperate with the other Owners in terms of providing any information about itself and the Redbud Generating Facility that another Owner may be required to disclose under applicable securities Law, or in response to any reasonable request of its lender(s), in connection with the financing or refinancing of its Ownership Interest.
OG&E intends to send each Owner an invoice reflecting its portion of the charges/credits for the Redbud Generating Facility on the following Business Day.
Each of the Owners shall submit a separate application (or modification to an existing application) for transmission service to SPP in order to transmit its Pro Rata Share of the Capacity of the Redbud Generating Facility to the Owner’s network load or point(s) of delivery.
The Owners shall execute an Agreement of Representation in substantially the form of Exhibit G to facilitate the participation of the Redbud Generating Facility in the allowance trading programs established under the Acid Rain Program or any such other program established by an appropriate Governmental Authority that requires the allocation and use of Allowances.
For every purchase subject to sales or use taxes, each Owner shall be solely responsible for and shall timely pay all sales and use taxes that are levied against or with respect to such Owner’s interest in, or pro rata share of, the purchase, use, ownership or beneficial interest in the Redbud Generating Facility.
Each of the Owners shall supply its own natural gas for the operation of the Redbud Generating Facility and shall be solely responsible for paying the seller of such self-supplied natural gas directly for the cost thereof, provided that any Owner may elect to have the Operations Manager, acting as agent for such Owner, purchase natural gas for the account of such Owner, who shall be solely responsible for paying the seller of such natural gas directly for the cost thereof.
If portions of the Redbud Generating Facility are still capable of economically generating electricity, the Operations Manager implement the procedures specified in Section 14.02 with respect to the damaged facilities only and continue to operate the remaining facilities.
The Owners will negotiate in good faith such additional agreements and execute such additional documents as may be required under Law to permit the Redbud Generating Facility to participate in any subsequently adopted Allowance program.
If a taxing authority levies such Taxes against the Redbud Generating Facility, each Owner that is not exempt from such Taxes shall be responsible for its pro rata share of such Taxes.