N-8NSPML (NSEB) RIR 1 to 44 - Redacted
6 passages
f such Emera Rights; " Emera Background IP " means the Intellectual Property Rights owned by Emera or its Affiliates which are Used in the Transmission Assets but which are not Emera Foreground IP; " Emera Default " has the meaning set for...
AI summary The text defines various legal and operational terms related to Emera's intellectual property, rights, and obligations, as well as references to agreements and legislation such as the Excise Tax Act (Canada).
AMONG: NALCOR ENERGY , a body corporate existing pursuant to the Energy Corporation Act being chapter E-11.01 of the Statutes of Newfoundland and Labrador, 2007 , solely in its own right and not as agent of the NL Crown (" Nalcor ") - or -...
AI summary The document outlines the parties involved in a legal proceeding, including Nalcor Energy and Emera Inc., along with their affiliates. It references the Energy Corporation Act and the jurisdictional statutes under which these entities operate.
n [3.6(d)](#page-23-2) shall be Scheduled and delivered to NSPI by no later than the date that is 365 days following each applicable Original Date of Delivery; - (d) the Energy delivered by Nalcor to NSPI pursuant to Section [3.6(c)](#page...
AI summary This section outlines the rescheduling and delivery of energy by Nalcor to NSPI, ensuring equivalent economic value through replacement energy supplies and calculation methods based on Incremental Cost Rates.
(a) Nalcor and Emera Variance Amounts (i) Subject to Section [5.5(a)(ii)](#page-27-2) , in each Contract Year following a Variance Trigger Date, Emera shall make available to NSPI, in accordance with this Agreement, an amount of Energy tha...
AI summary This section outlines the Emera Variance Amount, which is the amount of Energy Emera must make available to NSPI in a Contract Year following a Variance Trigger Date, subject to a maximum of 300 GWh.
2.6 Forgivable Events – Redelivery of Balancing Energy If, due to a Forgivable Event, Nalcor is not able to redeliver Balancing Energy to Emera at the Delivery Point in a quantity up to that of any Positive Imbalance, or Emera is not able...
AI summary This section outlines the handling of Undelivered Balancing Energy due to Forgivable Events, specifically Native Load Events. It details how the Balancing Fee is adjusted, the obligations for subsequent delivery of energy, and options for compensation if redelivery is not feasible within the First Two Balancing Periods.
AMONG: NALCOR ENERGY , a body corporate existing pursuant to the Energy Corporation Act being chapter E-11.01 of the Statutes of Newfoundland and Labrador, 2007 , solely in its own right and not as agent of the NL Crown (" Nalcor ") - or -...
AI summary The document outlines the parties involved in a legal proceeding, including Nalcor Energy and Emera Inc., along with their affiliates. It references the Energy Corporation Act and the jurisdictional statutes under which these entities operate.