Public Utility District No Sample Clauses

Public Utility District No. 1 of Snohomish County, 000 X. Xx. 0000 (2008) and NRG Power Marketing, LLC v. Maine Public Utilities Commission, 000 X. Xx. 000 (2010).
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Public Utility District No. 1 of Snohomish County, 128 S.Ct. 2733 (2008) and NRG Power Marketing, LLC v. Maine Public Utilities Commission, 130 S.Ct. 693 (2010).
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Public Utility District No. 1 of Snohomish County, Washington, et al., 000 X.X. 000 (2008) (the “Mobile-Sierra Doctrine”).
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Public Utility District No. 1 of Snohomish County.4 Xxxxxx Xxxxxxx presented the Supreme Court with the question whether the Federal Energy Regulatory Commission (FERC or the Commission)5 could or should exercise its authority under the Federal Power Act (FPA) to abrogate or modify contracts for the purchase and sale of large amounts of electricity entered into in the western energy crisis of 2000–2001.6 During the western energy crisis, many large sophisticated parties faced with volatile spot markets signed long-term contracts to meet their electricity needs. While the contract rates were undeniably high relative to historic forward market prices, they were generally lower than contemporaneous spot prices and insulated the buyers from any further price increases in the spot and forward markets. The buyers initially expressed satisfaction with the deals they struck, and some resold portions of their allotments for huge profits in the spot markets. But the buyers’ satisfaction was short-lived. By the summer of 2001, prices in the spot markets had declined signifi- cantly, and the contract rates no longer appeared favorable. The buyers cried foul and filed complaints asking FERC to relieve them 3 Wilmington & X.X. Xx. x. Xxxx, 91 U.S. 3, 5 (1875) (also recognizing that govern- mental intrusion into contractual relations simply to relieve parties of their ‘‘hard bargains’’ would ‘‘create an insecurity in business transactions which would be intolerable’’). 4 555 U.S. , 128 S. Ct. 2733 (2008). 5 Throughout this article, we also use the terms ‘‘FERC’’ or the ‘‘Commission’’ to refer to the Federal Power Commission, FERC’s predecessor.
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Public Utility District No. 1 of Snohomish County, Washington, et al., 554 U.S. 527 (2008) (the “Mobile-Sierra Doctrine”).
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Public Utility District No. 1 of Xxxxxxx County, Washington (Seal) By /s/ Xxxxx XxXxxx President By /s/ Xxxxxx Prey Vice President Attest: /s/ Xxxx X. Xxxxxxxx Secretary Puget Sound Power & Light Company (Seal) By /s/ X. X. Xxxxxx Vice President Attest: /s/ X. X. Xxxxxxxx Secretary EXHIBIT “A” Distribution of Xxxxx Project Output Purchasers Original Percentage Allocation Puget Sound Power & Light Company 31.3% Portland General Electric Company 20.3% Pacific Power & Light Company 6.9% The Washington Water Power Company 3.5%
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Public Utility District No. 1 of Snohomish County, Washington, et al., 000 X.X. 000 (2008) (the “Mobile-Sierra Doctrine”), and (ii) to argue before any governmental authority that any terms of this Agreement should be modified or rescinded based on (A) any claim of fraud, duress, unfairness, bad faith, or inequity in the relative bargaining power of the Parties or (B) any claim of market manipulation, unlawful activity, disruption, anomaly, dysfunction, or other adverse market conditions of any type or description.
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Public Utility District No. 3, XXXXX COUNTY Xxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxxxx (Jul 27, 2021 15:16 PDT) Xxxxx Xxxxxxx, General Manager Xxxxxxx Xxxxxxxxx General Manager EXHIBIT A CONSTRUCTION CONTRACT BETWEEN JEFFERSON COUNTY PUD NO. 1 OF JEFFERSON COUNTY, WASHINGTON AND BONNEVILLE POWER ADMINSTRATION EXHIBIT B DESCRIPTION OF FIBER ROUTES ALLOCATED TO JPUD AND PUD 3 JPUD Fiber Lease Project 1. JPUD and Xxxxx 3 will lease 2 BPA dark Fiber from Port Angeles to Olympia
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Public Utility District No. 1 of Okanogan County may terminate the Program, the Project or the Agreement at any time. The Agreement permits OKPUD to terminate the Program or the Agreement at any time. In any such event, OKPUD’s liability is limited to a refund of the Participation Fee, less the amounts received in respect of any Washington State Production Incentive Credits and/or any Generated Energy Credits received by the Participant. Neither OKPUD nor any other person will be liable to a Participant for any additional amounts. The remedies Public Utility District No. 1 of Okanogan County associated with the operation of the Project and the offer and sale of interests therein is strictly limited to a refund of the purchase price. Under no circumstances may a Participant receive an award of damages associated with the investment in the units or the ownership or operation of the Project, receive damages or assert claims against OKPUD or its employees, directors or affiliates that exceed the value of the Participation Fee, less the amounts such investor has received in the form of Production Incentive Credits or Energy Generation Credits.
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Related to Public Utility District No

  • Public Utility Holding Act None of the Company nor any of its Subsidiaries is a “holding company,” or an “affiliate” of a “holding company,” as such terms are defined in the Public Utility Holding Act of 2005.

  • Public Utility Holding Company Neither the Company nor any Subsidiary is, or will be upon issuance and sale of the Securities and the use of the proceeds described herein, subject to regulation under the Public Utility Holding Company Act of 1935, as amended, the Federal Power Act, the Interstate Commerce Act or to any federal or state statute or regulation limiting its ability to issue and perform its obligations under any Transaction Agreement.

  • Public Utility Holding Company Act Neither the Company nor any of its Subsidiaries is a "holding company", or an "affiliate" of a "holding company" or a "subsidiary company" of a "holding company", within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Investment Company Act; Public Utility Holding Company Act Neither the Borrower nor any Subsidiary is (a) an "investment company" as defined in, or subject to regulation under, the Investment Company Act of 1940 or (b) a "holding company" as defined in, or subject to regulation under, the Public Utility Holding Company Act of 1935.

  • Margin Regulations; Investment Company Act; Public Utility Holding Company Act (a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock.

  • Name; Jurisdiction of Organization, etc On the date hereof, such Grantor’s exact legal name (as indicated on the public record of such Grantor’s jurisdiction of formation or organization), jurisdiction of organization, organizational identification number, if any, United States taxpayer identification number, if any, and the location of such Grantor’s chief executive office or sole place of business are specified on Schedule 3.4. Each Grantor is organized solely under the law of the jurisdiction so specified and has not filed any certificates of domestication, transfer or continuance in any other jurisdiction. Except as otherwise indicated on Schedule 3.4, the jurisdiction of each such Grantor’s organization of formation is required to maintain a public record showing the Grantor to have been organized or formed. Except as specified on Schedule 3.4, as of the Closing Date (or the date of any applicable Joinder Agreement hereto in the case of an Additional Grantor) no such Grantor has changed its name, jurisdiction of organization, chief executive office or sole place of business or its corporate structure in any way (e.g., by merger, consolidation, change in corporate form or otherwise) within the past five years and has not within the last five years become bound (whether as a result of merger or otherwise) as a grantor under a security agreement entered into by another Person, which has not heretofore been terminated.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • GOVERNMENT ENERGY OR UTILITY CONTROLS In the event of imposition of federal, state or local government controls, rules, regulations, or restrictions on the use or consumption of energy or other utilities during the Term, both Landlord and Tenant shall be bound thereby. In the event of a difference in interpretation by Landlord and Tenant of any such controls, the interpretation of Landlord shall prevail, and Landlord shall have the right to enforce compliance therewith, including the right of entry into the Premises to effect compliance.

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