Shared Facilities Services definition

Shared Facilities Services means the use of the Shared Facilities by Shared Facilities Manager for purposes of providing the services described in this Agreement to each Co-Tenant on, over, and across the Shared Facilities in accordance with such Co-Tenant’s Permitted Capacity, including the interconnection of such Co-Tenant’s Project into the Shared Facilities and the use of the Shared Facilities on behalf of such Co-Tenant to transmit, in accordance with such Project Shared Facilities Manager’s Permitted Capacity, electricity generated by or on behalf of a Co-Tenant (or by such Co-Tenant’s successors, assigns or Affiliates) from the Projects through the Shared Facilities to the Interconnection Point, and to deliver electricity from a provider of back-up or maintenance power to the Projects, all on the terms and subject to the conditions of this Agreement.
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Shared Facilities Services means the use of the Shared Premises Property Rights and the Shared Facilities by Owner for purposes of providing the services described in this Agreement to each Project Company on, over, and across the Shared Facilities in accordance with such Project Company’s Permitted Capacity, including the interconnection of such Project Company’s Project into the Shared Facilities and the use of the Shared Facilities on behalf of such Project Company to transmit, in accordance with such Project Owner’s Permitted Capacity, electricity generated by or on behalf of a Project Company (or by such Project Company’s successors, assigns or Affiliates) from the Projects through the Shared Facilities to the Interconnection Point, and to deliver electricity from a provider of back-up or maintenance power to the Projects, all on the terms and subject to the conditions of this Agreement.
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Examples of Shared Facilities Services in a sentence

  • Notwithstanding the Location Periods described above, the TSA Managers may mutually agree in writing to extend any of the Shared Facilities Services beyond the applicable Location Period in connection with which the applicable Location Period shall be automatically extended to conform to such written agreement.

  • The Company shall not, except with the prior written consent of Parent, make any payment or commitment with respect to any demands for appraisals, offer to settle or settle any such demands, waive any failure to timely deliver a written demand for appraisal or otherwise to comply with Section 262 of the DGCL, or approve any withdrawal of any such demands, or propose, agree or commit to do any of the foregoing.

  • The Company and the Seller shall have executed and delivered the Shared Facilities Services Agreement in a form mutually acceptable to each of the Parties and on the terms set forth in such agreement and such Shared Facilities Services Agreement shall be in full force and effect as of the Closing and shall not have been amended or modified.

  • Between the date of this Agreement and the Business Transfer Time, Grizzly, Burgundy and Spinco shall negotiate in good faith to agree upon definitive agreements reflecting the forms of Transition Services Agreement; the Shared Facilities, Services and Supply Agreement; the Electric Generation, Distribution and Transmission Facilities Lease; Shared Facilities Agreement – Monroeville; and the Servitude Agreement attached as Exhibits B, D, C, L and E, respectively, to the Separation Agreement.

  • The Company and the Seller shall enter into the Shared Facilities Services Agreement in a form mutually acceptable to each of the Parties.

  • Between the date of this Agreement and the Business Transfer Time, Grizzly, Burgundy and Spinco shall negotiate in good faith to agree upon definitive agreements reflecting the forms of Transition Services Agreement; the Shared Facilities, Services and Supply Agreement; the Electric Generation, Distribution and Transmission Facilities Lease; Shared Facilities Agreement—Monroeville; and the Servitude Agreement attached as Exhibits B, D, C, L and E, respectively, to the Separation Agreement.

  • Except as expressly contemplated by the Shared Facilities Services Agreement, the assets, properties, and rights of the Company and its Subsidiaries comprise in all material respects all of the assets, properties, and rights, real, personal, tangible and intangible (including Intellectual Property) used by the Company or any of its Subsidiaries in, and reasonably necessary to, the conduct of the businesses of the Company and its Subsidiaries as currently conducted.

  • Between the date of this Agreement and the Business Transfer Time, Grizzly, Burgundy and Spinco shall negotiate in good faith to agree upon definitive agreements reflecting the forms of Transition Services Agreement; the Shared Facilities, Services and Supply Agreement; the Electric Generation, Distribution and Transmission Facilities Lease; Shared Facilities Agreement — Monroeville; and the Servitude Agreement attached as Exhibits B, D, C, L and E, respectively, to the Separation Agreement.