Unit Power definition
Examples of Unit Power in a sentence
Used primarily for the allocation of certain Tax Department services in connection with Entergy’s Unit Power Sales Agreement.
Based on fixed allocation percentages under Entergy’s Unit Power Sales Agreement.
Used primarily for the allocation of certain Tax Department services in connection with Entergy's Unit Power Sales Agreement.
Based on fixed allocation percentages under Entergy's Unit Power Sales Agreement.
In connection therewith, the Collateral Agent, at the written direction of the Holder, shall have the right to complete any Unit Power in its favor.
The Holder shall have the right, at any time in its discretion upon the occurrence and during the continuance of an Event of Default and without notice to Pledgor, to direct the Collateral Agent in writing to transfer to, and to designate on the Pledgor’s Unit Power, the Collateral Agent, for the benefit of the Secured Parties, or any Person to whom the Pledged Securities are sold in accordance with the provisions hereof.
Seller and Buyer propose to amend further the Unit Power Agreement as set forth below.
Upon a Member’s execution of this Agreement, a certificate representing such Member’s Units shall be issued to each such Member and simultaneously shall be redelivered by each such Member to the LLC along with a Unit Power signed by that Member in blank.
Unless otherwise defined herein, all capitalized terms shall have the respective meanings ascribed to them in the Unit Power Agreement, as amended hereby, unless otherwise provided.
Buyer and Seller are parties to that certain Offshore Wind Generation Unit Power Purchase Agreement for Phase II dated as of January 10, 2020 as amended by the First Amendment to Offshore Wind Generation Unit Power Purchase Agreement Phase II dated as of May 23, 2022 (the “Agreement”).