Transaction Rights Sample Clauses
The Transaction Rights clause defines the specific rights and entitlements that parties have in relation to a particular transaction. It typically outlines what actions each party is permitted or obligated to take, such as the right to receive payment, access information, or approve certain steps in the transaction process. For example, it may grant a buyer the right to inspect goods before finalizing a purchase or allow a seller to retain ownership until payment is received. The core function of this clause is to clearly allocate and document the rights of each party, thereby reducing ambiguity and minimizing the risk of disputes during the execution of the transaction.
Transaction Rights. All rights of Sellers under this Agreement and the other Transaction Documents, and all cash and non-cash consideration (including the Hercules Shares and the Cash Payment) payable or deliverable to, or on behalf of, Sellers by Purchasers pursuant hereto and thereto;
Transaction Rights. 7 6.3.1 Subject to the terms and conditions of this Agreement and Applicable 8 Requirements, the Interconnector is hereby granted the right to physically 9 connect its Generating Facility to the Common Bus using the Generating 10 Facility Interconnection Tie Line and the Interconnection Facilities. However, 11 this right does not give the Interconnector the right to inject power and energy 12 into the Common Bus, except and only to the extent that all necessary 13 arrangements for transmission rights and service, including transmission- 14 related mitigation requirements, if any, are in place for the delivery thereof. 15 This Agreement does not grant the Interconnector the right under any 16 circumstances to inject power and energy into the Common Bus except from 17 the Generating Facility and not in excess of the rated capability thereof.
18 6.3.2 Nothing in this Agreement shall be deemed either expressly or implicitly to 19 obligate any Party to provide or make available to the Interconnector any 20 transmission services, control area services, distribution services, or ancillary 21 services for the transport of energy to or from the Generating Facility and the 22 ANPP Switchyard Participants make no representation to Interconnector 23 regarding the availability of such services.
1 6.3.3 This Agreement provides no obligation for any Party to purchase, sell, 2 transmit, or otherwise provide any other rights, including the right to inject 3 power and energy into the Common Bus, with respect to the power and 4 energy generated by or required for the Generating Facility, other than as 5 provided herein with respect to the Common Bus Arrangement.
Transaction Rights. All of PRISM's rights under or pursuant to this Agreement and the other agreements between PRISM and Orkin contemplated hereby.
Transaction Rights. 5.3.1 Subject to the terms and conditions of this Agreement and Applicable Requirements, the Participants with ownership interests in the ▇▇▇▇▇▇ 500kV Switchyard grant Interconnection Customers the right to physically connect the ICIF to the ▇▇▇▇▇▇ 500kV Switchyard,
5.3.2 Nothing in this Agreement shall be deemed either expressly or implicitly to obligate any Party to provide or make available to the Interconnection Customers any transmission services, control area services, distribution ■ services, or Ancillary Services for the transport of energy to or from the ▇▇▇▇▇▇ - PP Line, and the Participants make no representation to the Interconnection Customers regarding the availability ofsuch services.
5.3.3 Electrical losses in regards to the Interconnection Customers’ use of the ▇▇▇▇▇▇ SOOkV Switchyard shall be zero. .
Transaction Rights. All of ▇▇▇▇'▇ rights under or pursuant to this Agreement and the other agreements between ▇▇▇▇ and Orkin contemplated hereby.
Transaction Rights. All rights of Seller under this Agreement and the other Transaction Documents (as defined in Section 3.2);