✨ Legal Agreement Definitions
(b) if electricity is metered by Meridian as contemplated in clause 3.3, a daily fixed charge of 338.81¢/day and a charge of 16.8¢/kWh for Electricity supplied during Winter and 13.547¢/kWh for Electricity supplied during Summer with effect from a date specified by Meridian.
"GST" means goods and services tax chargeable, or to which a person may be liable, under the Goods and Services Tax Act 1985, and any penalties, additional tax or interest payable in respect of goods and services tax.
"Meridian’s Standard Terms and Conditions" means Meridian’s standard terms and conditions for the supply of electricity dated April 2008 available on Meridian’s website at www.meridianenergy.co.nz.
"Sale and Purchase Agreement" means the agreement for sale and purchase of the Power Stations between Meridian and Genesis dated on or about the date of this agreement.
"Subsidiary" means, in respect of any entity, a subsidiary of that entity within the meaning in section 5 of the Companies Act 1993.
"Summer" means the period between, and inclusive of, 1 October to 30 April.
"Tekapo A Power Station" means the power generating station located on certificate of title CFR 2621188, Lot 1 (Canterbury Land Registry).
"Tekapo B Power Station" means the power generating station located on certificate of title CFR 425212, Lot 1 (Canterbury Land Registry).
"Wind Data" means mean wind speed data and mean wind direction data as collected by NIWA (or its successor) at the Maryburn at Maryburn Fill weather station (NIWA site 400204).
"Wind Data Fee" means 30% of the monthly maintenance costs incurred by Meridian in respect of the Maryburn at Maryburn Fill weather station (NIWA site 400204).
"Winter" means the period between, and inclusive of, 1 May to 30 September.
1.2 References: In this agreement unless the context otherwise requires:
(a) headings are to be ignored in construing this agreement;
(b) the singular includes the plural and vice versa;
(c) one gender includes the other genders;
(d) references to individuals include companies and other corporations and vice versa;
(e) a reference to a statute or other law includes regulations and other instruments under it and consolidations, amendments, re-enactments or replacements of any of them (whether before or after the date of this agreement);
(f) reference to any document includes reference to that document (and, where applicable, any of its provisions) as amended, novated, supplemented, or replaced from time to time;
(g) reference to a party, person or entity includes:
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✨ LLM interpretation of page content
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Agreement between Meridian Energy Limited and Genesis Power Limited
(continued from previous page)
🏗️ Infrastructure & Public WorksElectricity Industry Act 2010, Power Stations, Tekapo A, Tekapo B, Ancillary Equipment Fee, Bill Rate, Business Day, Commencement Date, Electricity Fee, GST, Meridian’s Standard Terms and Conditions, Sale and Purchase Agreement, Subsidiary, Summer, Tekapo A Power Station, Tekapo B Power Station, Wind Data, Wind Data Fee, Winter
NZ Gazette 2011, No 93