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.

5.4 Metering All Facility revenue class metering equipment shall be routinely tested by NSPI. At any time, either Party may request a test of the accuracy of the metering equipment at its own expense. The results of meter calibrations or t...

AI summary This section outlines the procedures for testing and maintaining revenue class metering equipment, including requirements for calibration, financial adjustments for inaccuracies, and notification protocols between the Parties. NSPI is responsible for ensuring accuracy, and both Parties have rights to be involved in meter sealing and testing.

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 electricity regulations. The Seller also confirms the accuracy of information in the Proposal, with adjustments to the Energy Rate governed by specific sections of the agreement.

S.N.S 2004, c.25. Respondent – shall have the meaning set forth in Section [14.1(b)](#page-64-3) Restated Energy Bid – has the meaning set forth in Section [4.1(c).](#page-36-0) Scheduled Commercial Operation Date – means the date schedule...

AI summary The text outlines definitions and terms from a legal document, including entities such as the Seller, Seller Group, and Seller Personnel, as well as concepts like Seller Benefits and Seller Claimable Amount. It references legal frameworks and tax regulations relevant to the agreement.

5.4 Metering All Facility revenue class metering equipment shall be routinely tested by NSPI. At any time, either Party may request a test of the accuracy of the metering equipment at its own expense. The results of meter calibrations or t...

AI summary The section outlines procedures for testing and maintaining revenue class metering equipment by NSPI. It specifies that either party may request tests, and outlines the process for handling inaccuracies, including financial adjustments if meter accuracy exceeds a 2% variance.

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 electricity regulations. The Energy Rate includes applicable customs duties and tariffs, with adjustments governed by specific contractual terms.