Additional ISO Surcharges Sample Clauses

Additional ISO Surcharges. The budgeting process in this Agreement contemplates that the ISO will be compensated by NEPOOL for the costs incurred or to be incurred by the ISO in performing its obligations hereunder, and that subject to the offset described in Section 8.9, such costs will be allocated to the NEPOOL Participants in accordance with the provisions of the NEPOOL Agreement. The Parties intend to develop a plan for funding the maximum practicable level of costs of the ISO through the imposition of additional fees on the services provided by the ISO. The Parties shall conclude their plan for such transaction based fees on or before the first anniversary of the Effective Date, and take all necessary steps to seek authorization from the FERC to implement such fees.