Common use of Characteristics of Replacement and Substitute Power Clause in Contracts

Characteristics of Replacement and Substitute Power. When Seller is delivering Replacement Power to Buyer, Seller shall be obligated to deliver the amount of energy (at no cost to Seller, except to the extent required to deliver Replacement Power to the Replacement Power Delivery Point) scheduled by Buyer, up to the level necessary to comply with Buyer's Dispatch order (taking into account Electric Energy still being delivered by Seller during a Forced Derating) along with associated Ancillary Services in accordance with Section 9. Seller shall make appropriate power purchase and transmission arrangements to the Replacement Power Delivery Point to provide energy to Buyer which is of the same level of firmness (e.g. if unit contingent, an availability comparable to that of the Facility) or higher level of firmness (e.g., system firm, firm with liquidated damages, or as firm as utility native load) as the Net Dependable Capacity hereunder. Substitute Power procured by Buyer may be of a lower level of firmness.

Appears in 2 contracts

Samples: Power Sales Agreement (Aquila Inc), Power Sales Agreement (Aquila Inc)

AutoNDA by SimpleDocs

Characteristics of Replacement and Substitute Power. When --------------------------------------------------- Seller is delivering Replacement Power to Buyer, Seller shall be obligated to deliver the amount of energy (at no cost to Seller, except to the extent required to deliver Replacement Power to the Replacement Power Delivery Point) scheduled by Buyer, up to the level necessary to comply with Buyer's Dispatch order (taking into account Electric Energy still being delivered by Seller during a Forced Derating) along with associated Ancillary Services in accordance with Section 9. Seller shall make appropriate power purchase and transmission arrangements to the Replacement Power Delivery Point to provide energy to Buyer which is of the same level of firmness ------- (e.g. if unit contingent, an availability comparable to that of the Facility) or higher level of firmness (e.g., system firm, firm with liquidated damages, or as firm as utility native load) as the Net Dependable Capacity hereunder. Substitute Power procured by Buyer may be of a lower level of firmness.

Appears in 2 contracts

Samples: Power Sales Agreement (Dominion Resources Inc /Va/), Power Sales Agreement (Dominion Resources Inc /Va/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.