Topic:"Income Tax" in M13042

reliable operation of the System in accordance with Good Utility Practice, as more particularly set out in the Transmission System Interconnection Requirements or Generator Interconnection Procedure. Annual Average Marginal Cost Rate – mea...

AI summary This section defines key terms used in the regulatory proceeding, including the Annual Average Marginal Cost Rate, Applicable Accounting Principles, Arm's Length, Board, Business Day, Capital Cost, Change in Law, Claimant, and Class I Undertaking, with references to relevant laws and regulations.

reaffirmed by the Seller as representations made to NSPI hereunder and there is no material information omitted from the Proposal which makes the information in the Proposal misleading or inaccurate. - (o) The Seller is the legal and benef...

AI summary The Seller reaffirms its representations and warranties to NSPI, including ownership of land tenure, compliance with Canadian tax residency, and adherence to renewable energy regulations. The Energy Rate includes applicable customs duties and tariffs, with adjustments governed by specific sections of the agreement.

reliable operation of the System in accordance with Good Utility Practice, as more particularly set out in the Transmission System Interconnection Requirements or Generator Interconnection Procedure. Annual Average Marginal Cost Rate – mea...

AI summary This section defines key terms related to utility operations and accounting principles, including the Annual Average Marginal Cost Rate, Applicable Accounting Principles, and the Board. It references the Income Tax Act and the Energy and Regulatory Boards Act.

ller to perform its obligations under this Agreement. - (k) The Seller is an "independent power producer" as that term is defined in the Renewable Electricity Regulations. - (l) A "public utility" as that term is defined in the Electricity...

AI summary The document outlines various representations and warranties made by the Seller in an agreement with NSPI, including the Seller's status as an independent power producer, ownership of land and renewable energy credits, and compliance with legal and regulatory requirements related to the project's location and ownership.

ments in respect of the Site which are required to carry out its obligations under the Agreement. - (q) The Seller is not a non-resident of Canada for the purposes of the Income Tax Act (Canada). - (r) The Project is a "renewable low-impac...

AI summary This section outlines the representations and warranties made by the Seller in the Agreement, including compliance with Canadian tax laws, the nature of the Project as a renewable low-impact generation facility, and the accuracy of information provided in the Proposal. These representations are binding throughout the Agreement's term.