Conditions Under Which Units Will Operate Clause Samples

Conditions Under Which Units Will Operate. This Agreement includes two conditions of service under which Owner may provide service from its Unit(s). By way of general description and subject to the specific provisions set forth in this Agreement: (i) A Unit under Condition 1 may participate in Market Transactions and Owner will retain all revenues from participation in Market Transactions; (ii) A Unit under Condition 2 shall bid in accordance with Section 6.1 (b) to participate in Market Transactions when CAISO has issued a Dispatch Notice for the Unit and Owner will not retain revenues from participation in Market Transactions. A Unit under Condition 2 shall not participate in a Market Transaction when CAISO has not issued a Dispatch Notice for the Unit. Owner shall begin operating each Unit under the Condition designated by Owner prior to the Effective Date and thereafter may transfer the Unit to a different Condition pursuant to Section 3.2.
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Conditions Under Which Units Will Operate. This Agreement includes two conditions of service under which Owner may provide service from its Unit(s). By way of general description and subject to the specific provisions set forth in this Agreement: (i) A Unit under Condition 1 may participate in Market Transactions and Owner will retain all revenues from participation in Market Transactions; (ii) An RMR Unit under Condition 2 shall bid in accordance with Section 6.1 (b) to participate in Market Transactions when ▇▇▇▇▇ has issued a Dispatch Notice for the Unit and Owner will not retain revenues from participation in Market Transactions. An RMR Unit is subject to and obligated to comply with section 34.10 of the CAISO tariff relating to Exceptional Dispatch. A Unit under Condition 2 shall not participate in a Market Transaction when CAISO has not issued a Dispatch Notice for the Unit. Owner shall begin operating each Unit under the Condition designated by Owner prior to the Effective Date and thereafter may transfer the Unit to a different Condition pursuant to Section 3.2.
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Conditions Under Which Units Will Operate. ‌ (i) A Unit under Condition 1 may participate in Market Transactions and Owner will retain all revenues from participation in Market Transactions; (ii) A Unit under Condition 2 shall bid in accordance with Section 6.1 (b) to participate in Market Transactions when ▇▇▇▇▇ has issued a Dispatch Notice for the Unit and Owner will not retain revenues from participation in Market Transactions. A Unit under Condition 2 shall not participate in a Market Transaction when CAISO has not issued a Dispatch Notice for the Unit. Owner shall begin operating each Unit under the Condition designated by Owner prior to the Effective Date and thereafter may transfer the Unit to a different Condition pursuant to Section 3.2.
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Conditions Under Which Units Will Operate. By way of general description and subject to the specific provisions set forth in this Agreement: An RMR Unit shall bid in accordance with Section 6.1 (b) to participate in Market Transactions when CAISO has issued a Dispatch Notice for the Unit and Owner will not retain revenues from participation in Market Transactions market dispatches. An RMR Unit is subject to and obligated to comply with section 34.10 of the CAISO tariff relating to Exceptional Dispatch.
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Related to Conditions Under Which Units Will Operate

  • Investment Objectives, Policies and Restrictions The Trust will provide Adviser with the statement of investment objectives, policies and restrictions applicable to the Fund as contained in the Trust's registration statements under the Act and the Securities Act of 1933, and any instructions adopted by the Trustees supplemental thereto. The Trust will provide Adviser with such further information concerning the investment objectives, policies and restrictions applicable thereto as Adviser may from time to time reasonably request. The Trust retains the right, on written notice to Adviser from the Trust, to modify any such objectives, policies or restrictions in any manner at any time.

  • Payment Methods and Restrictions Section 4.03 Final Billing Submission, is amended to include the following: Unless otherwise provided by the Department, Contractor shall submit a reimbursement or payment request as a final close-out bill not later than forty-five (45) calendar days following the end of the term of the Program Attachment for goods received and services rendered during the term. If necessary to meet this deadline, Contractor may submit reimbursement or payment requests by facsimile transmission. Reimbursement or payment requests received in DSHS’s offices more than forty-five (45) calendar days following the end of the applicable term will not be paid. Consideration of requests for an exception will be made on a case-by-case basis, subject to the availability of funding, and only for an extenuating circumstance, such as a catastrophic event, natural disaster, or criminal activity that substantially interferes with normal business operations or causes damage or destruction of a place of business and/or records. A written statement describing the extenuating circumstance and the last request for reimbursement must be submitted for review and approval to the DSHS Accounting Section. General Provisions, General Terms, ARTICLE XIII, Amendment, Section 13.15, is amended to include the following: Contractor must submit all amendment and revision requests in writing to the Division Contract Management Unit at least ninety (90) days prior to the end of the term of this Program Attachment.

  • Restriction of Shareholders / Owners’ Liability 17.8.1 Parties expressly agree and acknowledge that none of the shareholders of the Parties hereto shall be liable to the other Parties for any of the contractual obligations of the concerned Party under this Agreement. Further, the financial liabilities of the shareholder/s of each Party to this Agreement, shall be restricted to the extent provided in the Indian Companies Act, 2013.

  • Conditions to the Obligation of the Company The obligation of the Company to consummate the transactions to be consummated at the Closing, and to issue and sell to each Investor the Securities to be purchased by it at the Closing pursuant to this Agreement, is subject to the satisfaction or waiver in writing of the following conditions precedent:

  • Restrictions and Conditions (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee’s employment with the Company and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company.