N-8NSPML (NSEB) RIR 1 to 44 - Redacted
7 passages
the invoice such supporting documents and information as the Payor may reasonably require to verify the accuracy of the fees, charges and third party charges invoiced (the " Supporting Material ").
AI summary The text outlines the requirement for the Payor to provide supporting documents and information to verify the accuracy of fees, charges, and third-party charges invoiced, referred to as the 'Supporting Material'.
12.2 Emera Indemnity Emera shall indemnify, defend, reimburse, release and save harmless Nalcor and its Affiliates and their respective directors, officers, managers, employees, agents and representatives, and the successors and permitted...
AI summary Emera is required to indemnify the Nalcor Group against claims arising from the gross negligence or wilful misconduct of any member of the Emera Group in connection with Emera's obligations under the Agreement.
12.1 Nalcor Indemnity Nalcor shall indemnify, defend, reimburse, release and save harmless: - (a) Emera and its Affiliates other than NSPI and their respective directors, officers, managers, employees, agents and representatives, and the s...
AI summary This section outlines Nalcor's obligation to indemnify, defend, and reimburse the Emera Group and the NSPI Group against claims arising from the gross negligence or wilful misconduct of any member of the Nalcor Group in connection with Nalcor's obligations under the agreement.
14.5 NSPI Confidentiality Obligations Without limiting the provisions of this Agreement: - (a) NSPI shall keep confidential from Emera, NSPI's other Affiliates and their respective Representatives: the Nalcor Forecasts, any Nalcor Variance...
AI summary This section outlines NSPI's confidentiality obligations under the agreement, requiring it to keep certain information related to Nalcor and Emera, including forecasts, solicitation responses, and energy delivery details, confidential from specified parties.
4.1 Invoices Unless otherwise provided in this Agreement with respect to specific payments, the calendar month is the standard period for invoicing amounts payable by a Party (the " Payor ") to the other Party (the " Payee ") hereunder. On...
AI summary This section outlines the invoicing process between the Payor and Payee, specifying that invoices must be provided by the Payee by the 15th of each month for the preceding month's charges, along with supporting documentation for verification.
9.1 Nalcor Indemnity Nalcor shall indemnify, defend, reimburse, release and save harmless Emera and its Affiliates and their respective directors, officers, managers, employees, agents and representatives, and the successors and permitted...
AI summary Nalcor Energy is required to indemnify Emera and its affiliates against claims arising from the gross negligence or wilful misconduct of any member of the Nalcor Group in connection with Nalcor's obligations under the agreement.
3.4 Payment and Offset - (a) Subject to Section 3.4(b) , Taxes collectable by one Party from the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice. - (b) A Party m...
AI summary Section 3.4 outlines the payment and offset procedures for taxes between parties under the agreement. Taxes are payable within 30 days of receiving an invoice, and a party may offset taxes owed against other amounts receivable, provided applicable laws are followed.