Common use of CHANGE IN ELECTRIC MARKET DESIGN Clause in Contracts

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design

Appears in 9 contracts

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

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CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design*

Appears in 4 contracts

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

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design

Appears in 2 contracts

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

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article ARTICLE Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design*

Appears in 2 contracts

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

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will shall not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market DesignDesigns

Appears in 2 contracts

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

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design*

Appears in 2 contracts

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

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Eventevent. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design

Appears in 2 contracts

Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article ARTICLE Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth herein. Article Eleven Change in Electric Market Design

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article ARTICLE Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth hereinARTICLE TWELVE. Article Eleven Change in Electric Market DesignMEDIATION‌

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

CHANGE IN ELECTRIC MARKET DESIGN. If a Change change in the CAISO Tariff renders this Agreement or any terms herein provisions hereof incapable of being performed or administered, then either Party, on Notice, any Party may request the other Party to that Buyer and Seller enter into negotiations to make the minimum changes to this For LCE 16 Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt delivery of such a Notice requesting negotiationsrequest, the Parties Xxxxx and Seller shall negotiate engage in such negotiations in good faith. If the Parties Buyer and Seller are unable, within sixty (60) days after the sending delivery of the Notice requesting negotiationssuch request, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either any Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided the dispute resolution process set forth in Article Twelve16. A Notwithstanding the foregoing, (i) a change in cost will shall not in and of itself be deemed to render this Agreement or any terms therein of the provisions hereof incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End , and (ii) all of ARTICLE ELEVEN *** The contents unaffected provisions of this document are subject to restrictions on disclosure as set forth hereinAgreement shall remain in full force and effect during any period of such negotiation or dispute resolution. Article Eleven Change in Electric Market DesignSite Name: EXHIBIT A DESCRIPTION OF THE FACILITY Site includes all or some of the following APNs: County: Xxxx Guaranteed Capacity: 28.8 MW Interconnection Points: 14.4 MW wind sub-project: SCE’s Windhub Substation 7.2 wind sub-project: SCE’s Puff 12 kV distribution circuit

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article ARTICLE Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents of this document are subject to restrictions on disclosure as set forth hereinARTICLE TWELVE. Article Eleven Change in Electric Market DesignMEDIATION‌‌‌

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

CHANGE IN ELECTRIC MARKET DESIGN. If a Change in CAISO Tariff renders this Agreement or any terms herein incapable of being performed or administered, then either Party, on Notice, may request the other Party to enter into negotiations to make the minimum changes to this Agreement necessary to make this Agreement capable of being performed and administered, while attempting to preserve to the maximum extent possible the benefits, burdens burdens, and obligations set forth in this Agreement as of the Effective Date. Upon receipt of a Notice requesting negotiations, the Parties shall negotiate in good faith. If the Parties are unable, within sixty (60) days after the sending of the Notice requesting negotiations, either to agree upon changes to this Agreement or to resolve issues relating to changes to this Agreement, then either Party may submit issues pertaining to changes to this Agreement to mediation and arbitration as provided in Article ARTICLE Twelve. A change in cost will not in itself be deemed to render this Agreement or any terms therein incapable of being performed or administered, or constitute, or form the basis of, a Force Majeure Event. *** End of ARTICLE ELEVEN *** The contents Table of this document are subject to restrictions on disclosure as set forth hereinContents ARTICLE TWELVE. Article Eleven Change in Electric Market DesignMEDIATION

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement (Montauk Renewables, Inc.)

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