UETCL definition

UETCL means the Uganda Electricity Transmission Company Limited
UETCL means Uganda Electricity Transmission Company, Ltd., a limited liability company established and operating pursuant to the Companies Act.
UETCL has the meaning assigned to that term in the preamble of this Agreement. “UETCL DGE Payment” has the meaning ascribed thereto in Part B of Schedule 3. “UETCL Event of Default” has the meaning assigned to that term in Clause 10.1.2.

Examples of UETCL in a sentence

  • MEMD will undertake this work in coordination with UETCL, UMEME, REA, and the Energy Sector Working Group.

  • In addition, UETCL prepares detailed annual reports describing the supply and demand situation of its network, along with information regarding dispatching of individual power plants and their average cost of production.

  • The unbundling resulted in three corporate entities responsible for electricity generation, transmission and distribution: Generation – Uganda Electricity Generation Company Limited (UEGCL); Transmission - Uganda Electricity Transmission Company Limited (UETCL); and Distribution - Uganda Electricity Distribution Company Limited (UEDCL).

  • MEMD and UETCL will maintain books of accounts similar to those for other IDA funded projects.

  • The budgeting arrangements of UETCL are adequately defined in its Financial Policies and Procedures Manual, which will be adopted for the Project.

  • In addition, UETCL has an Audit Committee, which is a sub-committee of the Board of Directors.

  • There are proposals to modify the current "single buyer model" for the UETCL; the ERA has adopted a Multi-Year Tariff regime for the UETCL, in order to create incentives to improve efficiency.9 4.75.

  • Umeme bought 3,051 GWh from UETCL in 2015, meaning that 19.5% of the bought power was lost to technical and non-technical (i.e. theft) losses in the distribution network.

  • The core business of the Company continues to be the transmission, distribution and retail of electricity purchased in bulk from Kenya Electricity Generating Company Limited (KenGen), Independent Power Producers (IPPs), Uganda Electricity Transmission Company Limited (UETCL) and Tanzania Electric Supply Company Limited (TANESCO).

  • Except as the Association shall otherwise agree, the net revenues of UETCL for any fiscal year shall be at least equal to the sum of its debt service requirements, working capital requirements, dividends (if any), and a proportion of investments that require funding from UETCL’s internal resources.


More Definitions of UETCL

UETCL means the Uganda Electricity Transmission Company Limited “UG Shilling”: means the currency that is the legal tender of the Republic of Uganda. “Umeme System”: means the 33kV distribution system including but not limited to all distri- bution lines and equipment, transformers and associated equipment, relay and switching equipment and protective devices and safety and communications equip- ment owned and/or operated by Umeme.

Related to UETCL

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  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

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  • snippetLinks [{"key":"specifically","type":"clause","offset":[20,32]},{"key":"provided-herein","type":"clause","offset":[33,48]},{"key":"at-the-closing","type":"clause","offset":[50,64]},{"key":"the-parties-shall","type":"clause","offset":[65,82]},

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  • Flashpoint means the minimum temperature at which a liquid gives off a vapor in sufficient concentration to ignite when tested as follows:

  • SWDocID [[6027980]]" "" [[6027980]] elect or decline, in its sole discretion, to provide a New Commitment. Such New Commitments shall become effective as of such Increased Amount Date, and in the case of Incremental Term Loans, shall be made on such Increased Amount Date; provided that (i) the conditions set forth in paragraphs of (b) and (c) of Section 4.02 shall be satisfied or waived by the Required Lenders on such Increased Amount Date before or after giving effect to such New Commitments and Loans; (ii) such increase in the Revolving Facility Commitments and/or the Incremental Term Loans shall be evidenced by one or more joinder agreements executed and delivered to Administrative Agent by each New Lender, as applicable, and each shall be recorded in the register, each of which shall be reasonably satisfactory to the Administrative Agent and subject to the requirements set forth in Section 2.17(f); and (iii) the Borrower shall make any payments required pursuant to Section 2.16 in connection with the provisions of the New Commitments; provided that, with respect to any Incremental Term Loans incurred for the primary purpose of financing a Limited Conditionality Acquisition (“Acquisition-Related Incremental Term Loans”), clause (i) of this sentence shall be deemed to have been satisfied so long as (A) as of the date of execution of the related Limited Conditionality Acquisition Agreement by the parties thereto, no Default shall have occurred and be continuing or would result from entry into such Limited Conditionality Acquisition Agreement, (B) as of the date of the borrowing of such Acquisition-Related Incremental Term Loans, no Event of Default under Section 7.01(a), 7.01(b), 7.01(h) or 7.01(i) is in existence immediately before or after giving effect (including on a Pro Forma Basis) to such borrowing and to any concurrent transactions and any substantially concurrent use of proceeds thereof, (C) the representations and warranties of the Loan Parties set forth in this Agreement and the other Loan Documents shall be true and correct in all material respects as of the date of execution of the applicable Limited Conditionality Acquisition Agreement by the parties thereto, except to the extent any such representations or warranties are expressly limited to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such specified earlier date (provided that no materiality qualifier set forth in this subclause (C) shall be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) and (D) as of the date of the borrowing of such Acquisition-Related Incremental Term Loans, customary “Sungard” representations and warranties (with such representations and warranties to be reasonably determined by the Lenders providing such Acquisition-Related Incremental Term Loans) shall be true and correct in all material respects immediately before and after giving effect to the incurrence of such Acquisition-Related Incremental Term Loans, except to the extent any such representations or warranties are expressly limited to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such specified earlier date (provided that no materiality qualifier set forth in this subclause (D) shall be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof).

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  • AEOI means one or more of the following, as the context requires:

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