SMEPA definition

SMEPA means South Mississippi Electric Power Association.
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Examples of SMEPA in a sentence

  • Ownership Agreement shall mean the Joint Construction, Acquisition and Ownership Agreement, dated as of May 1, 1980, between the Lessee and SMEPA, as amended.

  • A waiver of a condition specified in Section 6.2 shall be evidenced either by (i) a writing expressly waiving the condition executed by AI, AMS and ALT, or (ii) with the exception of the Section 6.2(b) condition that SMEPA pay the Assignment and Termination Price, Aquila’s consummation of the transactions to be performed by it in connection with the Closing notwithstanding the failure of the condition to be met.

  • At the Closing, (a) Aquila will deliver to SMEPA the various certificates, instruments and documents referred to in Section 6.1 below executed by the appropriate parties, (b) SMEPA will deliver to Aquila the various certificates, instruments and documents referred to in Section 6.2 below executed by the appropriate parties, (c) SMEPA will deliver to Aquila the consideration specified in Section 2.3 above, and (d) Aquila will deliver to SMEPA the Credit Support.

  • Aquila is not a party to any contract or agreement relating to the Facility (as defined in the LSP PPA) other than: (a) the agreements referenced in Section 2.6; and (b) prior to consummation of the transactions contemplated by this Agreement, the LSP Agreements and the SMEPA Power Sales Agreement.

  • In no event shall Aquila’s aggregate liability to SMEPA under this Agreement exceed the Assignment and Termination Price.

  • Buyer acknowledges that Seller and the Companies have given Buyer complete and open access to the key employees, documents and facilities of the Companies.

  • AI, ALT (as successor to AMS) and SMEPA are parties to the SMEPA Power Sales Agreement (as defined below).

  • AI, AMS and ALT have no liability or obligation to pay any fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement for which SMEPA could become liable or obligated.

  • SMEPA has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

  • Aquila represents and warrants to SMEPA that the statements contained in this Article III are correct as of the date of this Agreement and will be correct as of the Closing Date.