N-8NSPML (NSEB) RIR 1 to 44 - Redacted
7 passages
- (d) Non-Conforming Regulator Determination - If the Applicable Regulator makes a determination pursuant to Section [3.4(b)](#page-94-1) and a Party considers that the determination did not conform with the requirements of this Agreement,...
AI summary This section outlines the procedures for handling non-conforming regulator determinations, resolving JOC matters without consensus, and the allocation of costs in disputes. If a determination is non-conforming, the matter may be referred to arbitration. Unresolved JOC matters are decided by majority vote. Each party bears its own costs in dispute resolution unless a party is not substantially successful, in which case it also covers the other party's costs.
5.2 In-Service LTAMPs and LTAMP Cost Estimates - (a) Nalcor In-Service LTAMPs Not more than 30 days before or 60 days after the date of First Commercial Power, as defined in the NLDA, as regards the last of the Defined Assets to achieve Fi...
AI summary The text outlines procedures for preparing and submitting In-Service LTAMPs and LTAMP Cost Estimates by Nalcor and Emera, along with dispute resolution mechanisms if disagreements arise. Disputes are to be resolved through arbitration as per the Dispute Resolution Procedure.
12.1 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 is required to indemnify, defend, and reimburse the Emera Group for any 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.
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.
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.
9.5 Resolution of Objections The Parties shall make good faith efforts to resolve any disputed amounts by mutual agreement within 60 days after the Payee's receipt of a notification of disputed amounts pursuant to Section 9.2 . If the disp...
AI summary Parties are required to resolve disputed amounts in good faith within 60 days of receiving a notification. If unresolved, the dispute may be submitted for resolution under the Dispute Resolution Procedure, with the Payor required to pay any determined amount within five business days after receiving an invoice.