SESCO definition
Examples of SESCO in a sentence
All Governmental Authorizations and ▇▇▇ ▇onsents of other Persons (including, without limitation, the City, the Authority and the Energy Purchaser) have been obtained, in each case that are necessary or advisable in connection with the replacement of SESCO by Montenay Operations as operator of the SESCO Facilit▇, ▇▇d all conditions required to be performed o▇ ▇▇▇isfied in connection with such replacement have been satisfied.
The experience of Montenay Operations or the parent company that owns 100% of the outstanding capital stock of Montenay Operations in operating mass-burn resource recovery facilities similar to the SESCO Facility equals or exceeds that of Company and SESCO, a▇ ▇▇▇ermined by a nationally recognized engineer.
Each of SESCO and ▇▇▇▇O are in full com▇▇▇▇▇ce under the SESCO Servic▇ ▇▇▇eement and the SESCO Steam Agreement except ▇▇▇▇▇ failure to be in complianc▇ ▇▇▇ld not adversely affect any Loan Party, Agent or any Lenders and there has not occurred any "Event of Default" as defined in the SESCO Service Agreement by SESCO, Company or NEWCO.
Company and its Subsidiaries (other than SESCO) do not have any obligations under any Existing SESCO D▇▇▇▇▇nts or SESCO/Montenay Transaction Documents other ▇▇▇▇ Company's obl▇▇▇▇▇ons in respect of the SESCO Guaranty, the Katy Guaranty and the Katy Letter Agreement ▇▇d Katy Seghers' and Company's obligations in respect of the Seg▇▇▇▇ ▇▇▇▇▇ ▇echnology under the SESCO Joint Venture Agreement.
The SESCO ▇▇▇▇ration and the TXU ▇▇▇▇tric Separation are collectively referred to herein as the "SEPARATION".
The Dynegy Contract (as hereinafter defined) which provides SESCO with its purchased pow▇▇ ▇▇ll remain with SESCO.
Evidence, in form and substance satisfactory to Agent, from a nationally recognized engineer or a consultant satisfactory to Agent, to the effect that the experience of Montenay Operations or the parent company that owns 100% of the outstanding capital stock of Montenay Operations in operating mass-burn resource recovery facilities similar to the SESCO Facility equals or exceeds that of Company and SESCO.
SESCO's business separation ▇▇▇▇ ▇▇s included in the TXU Electric Business Separation Plan which contemplated the transfer of SESCO's transmission and dis▇▇▇▇▇▇▇on assets, including its Certificate of Convenience and Necessity (the "CCN"), to an affiliated transmission and distribution utility (the "SESCO BUSINESS SEPARATION PL▇▇").
The Operating Services Agreement has been fully executed and delivered and is in full force and effect, and SESCO has no further obligations as operator in respect of th▇ ▇▇▇CO Service Agreement.
The transactions identified in subsections (i) and (ii) are collectively referred to herein as the "SESCO SEPARATION".