Contract Quantity of Capacity. Beginning with the first calendar month of the first capacity commitment period for which the Facility is first qualified to supply capacity under ISO-NE [NMISA] Market Rules and Manuals and for each month of the remainder of the Term, . In the event that the Facility subsequently becomes disqualified to supply capacity under ISO-NE [NMISA] Market Rules and Manuals, then during such subsequent period of disqualification (the “Subsequent Disqualification Period”) Seller shall meet its obligation to supply T&D with the Contract Quantity of Capacity by paying T&D monthly an amount that is equal to the Base UCAP Quantity times the Capacity Clearing Price; Seller agrees that after the Facility is first qualified to supply capacity under ISO-NE Market Rules and Manuals, Seller will exercise reasonable diligence to operate and maintain the Facility in manner that will allow the Facility to continue to qualify to supply capacity under ISO-NE Market Rules and Manuals.
Appears in 4 contracts
Samples: Capacity and Associated Energy Purchase and Sale Agreement, Capacity and Associated Energy Purchase and Sale Agreement, Capacity and Associated Energy Purchase and Sale Agreement
