SMECO definition
Examples of SMECO in a sentence
If Customer terminates this Agreement and, as a result, effectively cancels service prior to the expiration of the Initial Term, an early termination fee mayapply, as stated in your Contract Summary (there is no early termination fee for SMECO customers).
The Assumed APSA shall not include any Other Assumed Agreement or SMECO Agreement.
Generator agrees that to the extent the SMECO CT could reasonably be expected to have a material effect on the operations of Pepco, it shall operate the SMECO CT in a safe and efficient manner and in accordance with PJM Requirements and Good Utility Practice, and otherwise in accordance with the terms of this Agreement.
Status Notification Generator shall provide the information described in Article 16 with respect to the status of the SMECO CT at the times set forth in Article 16.
With respect to the SMECO CT, Generator shall, at Generator's expense: (a) own, Maintain and repair, all meters, instrument transformers and appurtenances associated with meters, and real time telemetry, (b) conduct meter accuracy and tolerance tests, and (c) prepare all calibration reports required for equipment that measures energy transfers at the interconnection points with Pepco's or any other parties' facilities.
If you terminate this Agreement prior to the expiration of the Initial Term, a $100 early termination fee applies, unless otherwise stated in writing (there is no early termination fee for SMECO customers).
Upon the occurrence of the Effective Date, each of SMECO and the Mirant Settling Parties shall cause all pending appeals, adversary actions or other contested matters between or among the parties hereto relating to any claim, demand, action or cause of action released pursuant to Section 3(a) or Section 4(a), including without limitation those listed on Schedule 2(b), to be dismissed with prejudice.
This Agreement is intended to resolve disputes existing between the parties regarding the characterization and the assumption or rejection of the SMECO Agreements.
Upon the Effective Date and notwithstanding any provision herein, in the APSA, in the Assumption/Assignment Agreements, in the SMECO Consent or in any other agreement to the contrary, only Mirant Chalk Point shall have any obligations to SMECO under the SMECO Agreements, and the other Mirant Settling Parties will have no liability to SMECO with respect to the SMECO Agreements or any obligations arising thereunder.
The form of each of the dismissals shall be acceptable to SMECO and the Mirant Settling Parties.