Second Tie definition

Second Tie shall have the meaning set forth in the Preamble. “Standards of Conduct" shall have the meaning set forth in Section 2.02.
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Examples of Second Tie in a sentence

  • Central Xxxxxx shall at its own expense purchase the revenue meter equipment to measure power and energy flowing over the Second Tie.

  • Prior to the Conveyance Date, Central Xxxxxx shall own and shall bear the risk of loss of, the equipment to be installed as the Second Tie.

  • Central Xxxxxx shall design and construct the Second Tie in accordance with Applicable Legal Requirements and Good Utility Practice.

  • The First Tie and Second Tie shall not be placed in service simultaneously, except during switching operations and emergency conditions as determined by Central Xxxxxx and approved by the NYISO.

  • Central Xxxxxx shall reimburse Con Edison for all costs incurred prior to the Interconnection Date associated with any work that Con Edison performs in connection with the Second Tie (including the preparation of specifications, the compilation of data, the review of proposed designs and work plans, oversight, administrative work performed by Con Edison inspectors and/or substation operators, the operation and maintenance of the Con Edison Equipment, and the reading and maintenance of meter equipment).

  • The Second Tie will be placed in service (to carry load) only when the First Tie is out of service.

  • The equipment constituting the Second Tie is listed in Schedule 3.0 l (a)(i)(l ) and shall be configured as shown on the plot plan and one line diagram included in Annexes I and II to this Restated Agreement.

  • Central Xxxxxx shall notify Con Edison upon completion of the construction of the Second Tie.

  • At no expense to Con Edison, and except as otherwise noted, Central Xxxxxx and/or its qualified contractors will procure the equipment comprising the Second Tie and shall perform all site preparation, construction, installation and pre-operational testing work necessary to install and operate the Second Tie.

  • If Central Xxxxxx desires in the future to flow power over the First Tie and Second Tie simultaneously under normal conditions, Central Xxxxxx shall request the ISO to conduct a study to determine whether the simultaneous operation requires an enhancement of transmission facilities and shall satisfy any obligation that exists under the ISO Tariff to pay for such enhancements.

Related to Second Tie

  • Purchasing CLO shall have the meaning set forth in Section 16.3(d) hereof.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchasing Entity means any entity or organization that has been authorized by the State to place Orders with the Contractor, and may include, without limitation, agencies of the State, government supported institution of higher education within the State, political subdivisions of the State, authorized non-profit organizations and other authorized entities.

  • Receivables Purchase Price means $1,652,997,849.97.

  • CAC means the Cyberspace Administration of China.

  • Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Receivables Sellers means the Company and those Subsidiaries (other than Receivables Entities) that are from time to time party to the Permitted Receivables Facility Documents.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Third Party Buyer means any Person other than (i) the Company or any of its Subsidiaries, (ii) any employee benefit plan of the Company or any of its Subsidiaries, (iii) the Investors or (iv) any Affiliates of any of the foregoing.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Retail seller means any person that sells any dangerous drug to consumers without assuming control over and responsibility for its administration. Mere advice or instructions regarding administration do not constitute control or establish responsibility.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Sale Agreements This Agreement, the Current Excess Servicing Spread Acquisition Agreement for FHLMC Mortgage Loans, the Current Excess Servicing Spread Acquisition for GNMA Mortgage Loans and the Current Excess Servicing Spread Acquisition Agreement for Non-Agency Mortgage Loans.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Sale Agreement means the Sale Agreement Master Securitization Terms Number 1000, dated as of August 15, 2013, among SLM Funding LLC, as Seller, SLM Student Loan Trust 2013-4, as Purchaser, and Deutsche Bank Trust Company Americas, as Interim Eligible Lender Trustee and as Eligible Lender Trustee.

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • Receivables Seller means the Borrower or those Subsidiaries that are from time to time party to the Permitted Receivables Facility Documents (other than any Receivables Entity).

  • Conveyed Property means the Initial Conveyed Property and the Subsequent Conveyed Property.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Acquisition Price means the fair market value of the securities, cash or other property, or any combination thereof, receivable upon consummation of a Company Transaction in respect of a share of Common Stock.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.