Common use of Availability Standards Clause in Contracts

Availability Standards. (a) In the event that the Generating Facility is subject to the Availability Standards as set forth in the CAISO Tariff, Anaheim shall make commercially reasonable efforts to mitigate the application of the Availability Standards on behalf of the Seller to the extent possible. In any event, Seller shall be responsible for paying any charges assessed by the CAISO for failure of the Generating Facility to achieve the Availability Standards as set forth in the CAISO Tariff. Seller shall also be entitled to any benefits established in the CAISO Tariff associated with performance of the Generating Facility that exceeds the Availability Standards established by the CAISO.

Appears in 4 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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