Common use of Balancing Clause in Contracts

Balancing. This § 9.6 shall apply only if "Provisions of this Agreement on Balancing Services" are specified as applying in Section A of Part I (Individual Terms): (a) The Buyer or the Seller, as specified in Section A of Part I (Individual Terms), shall provide or shall procure the provision of Balancing Services from a Balance Responsible Party on arm's length commercial market terms, in accordance with Good Industry Practice and all Applicable Law, whereby Balancing Costs shall be settled between the Parties as specified in Section A of Part I (Individual Terms). (b) The responsibility for the provision or the procurement of the provision of Balancing Services shall remain with the Party specified in Section A of Part I (Individual Terms), and the other Party shall not: (i) submit any regulating bids to constrain or increase the Metered Output to the Network Operator, or, where the Network Operator is not a transmission system operator, the Transmission System Operator, for the purpose of Balancing; (ii) provide, or agree to provide, any Ancillary Services, save to the extent such other Party is compelled to do so under Applicable Law and/or Relevant Codes and Rules; or (iii) constrain, or agree to constrain, the Metered Output of the Facility, save to the extent such other Party is compelled to do so under Applicable Law and/or Relevant Codes and Rules or to the extent necessary in order to avoid or remedy an Emergency.

Appears in 8 contracts

Samples: Individual Power Purchase Agreement, Individual Power Purchase Agreement, Individual Power Purchase Agreement

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