Topic:"Rates And Money" in M03452

3 2.1 Start-up Funds for ENSC 4 5 In April 2010, the Board of Directors of ENSC developed a provisional/high-level budget 6 for the first twelve months of operations of ENSC and requested approval from the 7 UARB of $2,038,400 to be transf...

AI summary In April 2010, ENSC requested and received $2,038,400 from NSPI to fund start-up activities, including setting up the organization and developing the 2012 DSM Plan. The funds were approved by the UARB and are being tracked through quarterly and annual reports.

1.4 Entire Agreement This Agreement, together with the agreements and other documents to be delivered pursuant to this Agreement, constitutes the entire agreement between the Parties pertaining to the subject matter of this Agreement and s...

AI summary This section outlines that the agreement is the complete and final understanding between the parties, superseding all prior discussions and agreements. It emphasizes that no other representations, warranties, or agreements are in effect except those explicitly included in the written documents.

ARTICLE 4 INDEMNIFICATION

AI summary This section outlines the indemnification provisions related to the Nova Scotia Power Inc. and Efficiency Nova Scotia Corporation within the regulatory proceeding.

4.9 Indemnification – Non-Merger This Article 4 will not merge on Closing but will survive subject only to any limits imposed by this Article 4.

AI summary This section outlines that Article 4, concerning indemnification, will not merge upon Closing and will continue to be in effect, subject to any limitations specified in Article 4.

6.2 Payment and Currency Any money to be paid or tendered by one Party to another pursuant to this Agreement must be paid by wire transfer of immediately available funds payable to the Person to whom the amount is due. Unless otherwise spe...

AI summary Section 6.2 outlines the requirements for payment and currency under the agreement, specifying that all payments must be made via wire transfer in Canadian currency unless otherwise stated.

6.7 Amendment and Waiver No supplement, modification, amendment, waiver or termination of this Agreement is binding unless it is executed in writing by the Party to be bound. No waiver of, failure to exercise or delay in exercising, any pr...

AI summary Section 6.7 outlines the requirements for amending, waiving, or terminating the Agreement, emphasizing that any such action must be in writing and executed by the relevant party. It also clarifies that waiving one provision does not imply a waiver of others unless explicitly stated.

he fault or negligence of a party or the fault or negligence of any vendor or subcontractor, or by violation of applicable laws or regulations by a party or any of a party's vendors or subcontractors. - 1.1.11 Financing Costs means interes...

AI summary This section defines key terms related to financing costs, forecast DSM rider revenues, monthly variation interest, and services provided by NSPI to ENSC. It outlines the responsibilities and financial obligations of the parties involved in the agreement.

11. LIMITATIONS AND EXCLUSIONS OF LIABILITY - 11.1 Other than with respect to a breach of this Agreement by NSPI that is intentional or grossly negligent, NSPI and its officers and directors shall not be liable to ENSC, or anyone claiming...

AI summary This section outlines the limitations and exclusions of liability for NSPI, stating that it is not liable for various types of losses or damages except in cases of intentional or grossly negligent breaches of the Agreement.

SCHEDULE C DISCRETIONARY SERVICES AND FEES

AI summary This section outlines discretionary services and fees related to utility operations, likely including cost recovery mechanisms and regulatory considerations.