Generating Project definition
Examples of Generating Project in a sentence
There is hereby created and established a special escrow fund to be designated the “City and County of San Francisco Electric Generating Project Development Escrow Account” (hereinafter referred to as the “Escrow Account”).
Buyer shall promptly notify Seller in writing if during the Restricted Period Buyer decides to proceed with a Generating Project or enters into discussions with a third party concerning a Generating Project (including, without limitation, financial costs and projections).
Following Seller's notification of Buyer that Seller intends to participate in a Generating Project, Seller and Buyer shall promptly document their joint participation, seek to obtain all necessary approvals by Governmental Authorities and agree on schedule, budget and management responsibilities for the Generating Project.
Seller's participation in any Generating Project may be through Seller or any of its Affiliates, and all instruments or agreements documenting the Generating Project (and the Parties' respective rights and obligations with respect to the Project) shall be reasonably acceptable to Buyer and Seller.
For purposes of determining what constitutes equal participation in a Generating Project, the value of any land, facilities or other property contributed by Buyer to the Generating Project which were included in the Purchased Assets shall be deemed to be zero.
Buyer shall notify Seller at least five (5) Business Days in advance of any meetings with third parties concerning the Generating Project which are to be held either during any of Seller's evaluation periods or after Seller has notified Buyer of its intent to participate in the Generating Project, and Seller shall have the right to participate in any such meetings.
Delivery to the Administrative Agent of a “Phase I” environmental site assessment (dated no earlier than six months prior to the Closing Date) with respect to the Generating Project Site prepared by the Environmental Consultant, in form and substance satisfactory to each Lender, together with a reliance letter permitting the Administrative Agent and the Credit Parties to rely on such environmental site assessments subject to the limitations set forth in such reliance letter.
This shall include not injecting communications signals associated with operation of the Generating Project into Avista’s electric system.
No later than sixty (60) days after the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2025, PowerCo shall deliver an operating report with respect to the Generating Project for such Fiscal Quarter (and, in the case of the first such report, the period between the Effective Date and the end of such Fiscal Quarter, if any) substantially in the form of Exhibit O-1 (the “Generating Project Operating Report”).
Generator’s contribution to faults (saturation, subtransient, transient and synchronous resistances and reactances and the associated time constraints, sequence impedance (positive, negative, zero), system resistance and reactance from Avista system to the Generating Project).