Availability of Expansion Power Sample Clauses

The 'Availability of Expansion Power' clause defines the conditions under which additional electrical power capacity can be made available to a customer beyond their initial contracted amount. Typically, this clause outlines the process for requesting extra power, any technical or financial requirements, and the timeframe for delivery of the expanded capacity. Its core function is to provide flexibility for customers whose power needs may increase over time, ensuring they have a clear mechanism to secure additional supply and supporting their operational growth without renegotiating the entire agreement.
Availability of Expansion Power. The Company is obligated to supply and/or deliver Expansion Power associated with Existing and Additional Allocations to Expansion Power Customers when and only when such power is available to the Company from the Authority’s generating facilities or from other substitute sources available to the Authority. If the Authority power is not available to the Company for resale as Expansion Power, and as a result not available for resale to Expansion Power Customers under this Agreement, the capacity charge shall be reduced in proportion to the number of hours during which Expansion power purchased and resold hereunder was available to the Company to the total hours for the billing period. When the Company receives notice from the Authority of the unavailability of Expansion Power associated with Existing or Additional Allocations, the Company will in turn attempt to notify in person, by telephone or electronic delivery each Expansion Power Customer. Such notice to be followed by written notice delivered within three working days thereafter. Prior to notification, the power and energy supplied by Company shall be deemed to be an “Emergency Supply” by the Company to the Expansion Power Customer(s) and shall be included in the Company’s calculation of that Customer’s billing demand on a pro-rata basis only for those periods during which the Emergency Supply was provided. Once notified that Expansion Power is not available, the Expansion Power Customer(s) may elect to take service from the Company or discontinue service. Such election by the Expansion Power Customer shall be confirmed by written notice delivered to the Company within three working days thereafter. Such service, if selected by the Expansion Power Customer(s), will be supplied at the Company’s applicable retail rate(s) for the period during which Expansion Power is not available to the Company.
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Related to Availability of Expansion Power

  • Availability of Utilities All utility services necessary for the construction of the Improvements will be available prior to the commencement of construction, and all utility services necessary for the proper operation of the Improvements for their intended purposes are available at the Leased Premises or will be available at the Leased Premises prior to the Final Disbursement Date, at commercially comparable utility rates and hook-up charges for the vicinity, including water supply, storm and sanitary sewer facilities, gas, electricity and telephone facilities. Lessee shall furnish evidence of such availability of utilities from time to time at Lessor's request.

  • AVAILABILITY OF AGREEMENT The employer must ensure that copies of this Agreement and the NES are available to all employees to whom they apply, such as on a notice board which is conveniently located at or near the workplace or through electronic means, whichever makes them more accessible.

  • Availability of Services CBT agrees not to discontinue or refuse to provide any service provided or required hereunder other than in accordance with the terms of this Agreement, or unless required by the Commission.

  • Availability of Shares During the term of this Option, the Company shall reserve for issuance the number of shares of Common Stock required to satisfy this Option.

  • Limitation of responsibility of Existing Lenders (a) Unless expressly agreed to the contrary, an Existing Lender makes no representation or warranty and assumes no responsibility to a New Lender for: (i) the legality, validity, effectiveness, adequacy or enforceability of the Finance Documents or any other documents; (ii) the financial condition of any Obligor; (iii) the performance and observance by any Obligor of its obligations under the Finance Documents or any other documents; or (iv) the accuracy of any statements (whether written or oral) made in or in connection with any Finance Document or any other document, and any representations or warranties implied by law are excluded. (b) Each New Lender confirms to the Existing Lender and the other Finance Parties that it: (i) has made (and shall continue to make) its own independent investigation and assessment of the financial condition and affairs of each Obligor and its related entities in connection with its participation in this Agreement and has not relied exclusively on any information provided to it by the Existing Lender in connection with any Finance Document; and (ii) will continue to make its own independent appraisal of the creditworthiness of each Obligor and its related entities whilst any amount is or may be outstanding under the Finance Documents or any Commitment is in force. (c) Nothing in any Finance Document obliges an Existing Lender to: (i) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 24; or (ii) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by any Obligor of its obligations under the Finance Documents or otherwise.