Topic:"Policy And Legislation" in M13042

he meaning set forth in Section [14.1(b).](#page-65-3) Class I Undertaking – is defined in Environmental Assessment Regulations made under Section 49 of the Environment Act S.N.S. 1994-95, c. 1 Class II Undertaking – is defined in Environm...

AI summary The text defines key terms related to the agreement, including definitions for Class I and Class II Undertaking, Commercial Operation, Commercial Terms, and Contract Energy. These definitions are based on regulatory frameworks and specific sections of the agreement.

3-14) of the Commercial Terms. Workers' Compensation Act – means the Workers' Compensation Act (Nova Scotia), and the regulations in respect thereof, in each case, as amended from time to time. Zone – means the zone, identified as item [13...

AI summary The text defines key legal terms, including the 'Workers' Compensation Act' and 'Zone,' referencing the Commercial Terms and their amendments. These definitions are part of a broader legal and regulatory framework.

in force and effect at the time of execution, the foregoing provision will be revised to say: "Once proclaimed and in force and effect, the Energy Reform (2024) Act, the - (e)(b) More Access to Energy Act and the Energy and Regulatory Boar...

AI summary The text outlines provisions related to the Energy Reform (2024) Act and the More Access to Energy Act, detailing how these laws will govern the terms of an agreement, particularly in relation to market rules, procedures, and the transition of NSPI's functions to the IESO as System Operator.

13.1 Change in Law - (a) A " Change in Law " shall occur if: - (i) either (A) the Legislative Assembly of Nova Scotia causes to come into force any statute that was introduced as a bill in the House of Assembly of Nova Scotia or the Govern...

AI summary This section defines a 'Change in Law' as legislative or regulatory actions by the Nova Scotia government that increase the Seller's costs or affect its net revenues, excluding general laws, taxes, or regulations that were publicly disclosed or introduced in a similar form prior to the Effective Date.

13. Governing Law This agreement will be governed by and interpreted in accordance with the laws of the Province of Nova Scotia and the federal laws of Canada applicable in the Province of Nova Scotia.

AI summary The agreement is governed by the laws of Nova Scotia and applicable federal laws in the province. This establishes the legal framework for interpreting and enforcing the agreement.

he meaning set forth in Section [14.1(b).](#page-64-3) Class I Undertaking – is defined in Environmental Assessment Regulations made under Section 49 of the Environment Act S.N.S. 1994-95, c. 1 Class II Undertaking – is defined in Environm...

AI summary This section defines key terms and concepts relevant to the agreement, including definitions related to environmental assessments, commencement dates, commercial operation, and energy contracts. These definitions provide clarity on the obligations and expectations of the parties involved.

s the lands upon which the Project will be located, as specified in item [2](#page-2-1) of the Commercial Terms. System – means the Energy transmission system operated by the System Operator. System Operator – means that functional part of...

AI summary The text defines key terms related to a project's location, system operations, tariff regulations, and legal frameworks, including references to Nova Scotia Power Incorporated (NSPI), the IESO, and relevant legislation such as the More Access to Energy Act and Energy Reform (2024) Act.

13.1 Change in Law - (a) A " Change in Law " shall occur if: - (i) either (A) the Legislative Assembly of Nova Scotia causes to come into force any statute that was introduced as a bill in the House of Assembly of Nova Scotia or the Govern...

AI summary The document defines a 'Change in Law' as legislative or regulatory actions that increase costs or affect net revenues for the Seller, excluding certain exceptions such as general application laws, publicly disclosed legislation, and those under the Electricity Act or Energy Reform (2024) Act.

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 and concepts related to the operation of the energy system, accounting principles, legal definitions, and regulatory bodies. It outlines definitions such as 'Annual Average Marginal Cost Rate', 'Applicable Accounting Principles', and 'Board', among others, in accordance with applicable laws and regulations.