Common use of Control of Unscheduled Power Deliveries Clause in Contracts

Control of Unscheduled Power Deliveries. The Parties shall exercise due diligence and foresight in carrying out all matters related to the providing and operating of their respective electric power resources so as to minimize to the extent practicable deviations between actual and scheduled deliveries of electric power and energy between their systems. The Parties shall provide and install on their respective systems such communication and telemetering facilities as are essential to so minimize such deviations and, in developing and executing operating procedures that will enable the Parties to avoid to the extent practicable deviation from scheduled deliveries, shall fully cooperate with each other and with third parties whose systems are either directly or indirectly interconnected with the systems of the Parties and who of necessity, together with the Parties, must unify their efforts cooperatively to achieve effective and efficient interconnected operation. The Parties recognize, however, that, despite their best efforts to prevent the same, unscheduled deliveries of electric energy from one Party to the other may occur. In such event, electric energy delivered hereunder shall be settled for by the return of equivalent energy. Equivalent energy shall be returned at times when the load conditions of the Party receiving it are equivalent to the load conditions of such Party at the time the energy for which it is returned was delivered or, if such Party elects to have equivalent energy returned under different conditions, it shall be returned in such amounts, to be agreed upon by the Operating Committee, as will compensate for the difference in conditions.

Appears in 5 contracts

Samples: Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co)

AutoNDA by SimpleDocs

Control of Unscheduled Power Deliveries. 3.03 The Parties parties hereto shall exercise due diligence and reasonable foresight in carrying out all matters related to the providing and operating of their respective electric power resources so as to minimize to the extent practicable deviations between actual and scheduled deliveries of electric power and energy between their systems. The Parties parties shall provide and install on their respective systems such communication and telemetering facilities as are essential to so minimize such deviations deviations; and, in developing and executing operating procedures that will enable the Parties parties to avoid avoid, to the extent practicable deviation practicable, deviations from scheduled deliveries, shall fully cooperate with each other and with third parties whose systems are either directly or indirectly interconnected with the systems of the Parties parties and who of necessity, together with the Partiesparties, must unify their efforts cooperatively to achieve effective and efficient interconnected operation. The Parties parties recognize, however, that, despite their best efforts to prevent the same, unscheduled deliveries of electric energy from one Party party to the other may occur. In such eventevents, electric energy delivered hereunder shall be settled for either by the return of equivalent energyenergy or by payment of the out-of-pocket cost (such cost being at the delivery point or points, set forth in Section 4.01 of this agreement, taking into account electrical losses incurred from the source or sources of such energy to said delivery point or points) of electric energy delivered hereunder to the supplying party plus ten percent of such cost. Equivalent If equivalent energy is returned, it shall be returned at times when the load conditions of the Party party receiving it are substantially equivalent to the load conditions of such Party party at the time the energy for which it is returned was delivered or, if such Party party elects to have equivalent energy returned under different conditions, it shall be returned in such amounts, to be agreed upon by the Operating Committee, as will compensate for the difference in conditions.

Appears in 5 contracts

Samples: Agreement (Ipalco Enterprises, Inc.), Agreement (Ipalco Enterprises Inc), Agreement (Indianapolis Power & Light Co)

Control of Unscheduled Power Deliveries. 3.03 The Parties parties hereto shall exercise due diligence and reasonable foresight in carrying out all matters related to the providing and operating of their respective electric power resources so as to minimize to the extent practicable deviations between actual and scheduled deliveries of electric power and energy between their systems. The Parties parties shall provide and install on their respective systems such communication and telemetering facilities as are essential to so minimize minimizing such deviations deviations; and, in developing and executing operating procedures that will enable the Parties parties to avoid avoid, to the extent practicable deviation practicable, deviations from scheduled deliveries, shall fully cooperate with each other and with third parties whose systems are either directly or indirectly interconnected with the systems of the Parties parties and who of necessity, together with the Partiesparties, must unify their efforts cooperatively to achieve effective and efficient interconnected operation. The Parties parties recognize, however, that, despite their best efforts to prevent the same, unscheduled deliveries of electric energy from one Party party to the other may occur. In such event, electric Electric energy delivered hereunder in such event shall be settled for either by the return of equivalent energyenergy or by payment of the out-of-pocket cost (such cost being as of the delivery point or points, as provided for in Section 4.01 of this agreement, taking into account electrical losses incurred from the source or sources of such energy to said delivery point or points) to the supplying party of generating or acquiring such energy plus ten per cent of such cost. Equivalent If equivalent energy is returned, it shall be returned at times when the load conditions of the Party party receiving it are equivalent to the load conditions of such Party party at the time the energy for which it is returned was delivered or, if such Party party elects to have equivalent energy returned under different conditions, it shall be returned in such amounts, to be agreed upon by the Operating Committee, as will compensate for the difference in conditions.

Appears in 3 contracts

Samples: Interconnection Agreement (Ipalco Enterprises, Inc.), Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co)

Control of Unscheduled Power Deliveries. 4.03 The Parties parties shall exercise due diligence and foresight in carrying out all matters related to the providing and operating of their respective electric power resources so as to minimize to the extent practicable deviations between actual and scheduled deliveries of electric power and energy between their systems. The Parties parties shall provide and install on their respective systems such communication and telemetering facilities as are essential to so minimize minimizing such deviations deviations; and, in developing and executing operating procedures that will enable the Parties parties to avoid to the extent practicable deviation deviations from scheduled deliveries, shall fully cooperate with each other and with third parties whose systems are either directly or indirectly interconnected with the systems of the Parties parties and who of necessity, necessity together with the Parties, parties must unify their efforts cooperatively to achieve effective and efficient interconnected operation. The Parties parties recognize, however, that, despite their best efforts to prevent the same, unscheduled deliveries of electric energy from one Party party to the other may occur. In such event, electric Electric energy delivered hereunder in such event shall be settled for either by the return of equivalent energyenergy or by payment of the out-of-pocket cost--such cost being as of the delivery point or points, as provided for in Section 5.01 of this agreement, taking into account electrical losses incurred from the source or sources of such energy to said delivery point or points--to the supplying party of generating or acquiring such energy plus ten per cent of such cost. Equivalent If equivalent energy is returned, it shall be returned at times when the load conditions of the Party party receiving it are equivalent to the load conditions of such Party party at the time the energy for which it is returned was delivered or, if such Party party elects to have equivalent energy returned under different conditions, it shall be returned in such amounts, to be agreed upon by the Operating Committee, as will compensate for the difference in conditions.

Appears in 3 contracts

Samples: Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)

AutoNDA by SimpleDocs

Control of Unscheduled Power Deliveries. The Parties shall exercise due diligence and foresight in carrying out all matters related to the providing and operating of their respective electric power resources so as to minimize to the extent practicable deviations between actual and scheduled deliveries of electric power and energy between their systems. The Parties shall provide and install on their respective systems such communication and telemetering facilities as are essential to so minimize such deviations and, in developing and executing operating procedures that will enable the Parties to avoid to the extent practicable deviation from scheduled deliveries, shall fully cooperate with each other and with third parties whose systems are either directly or indirectly interconnected with the systems of the Parties and who of necessity, together with the Parties, Parties must unify their efforts cooperatively to achieve effective and efficient interconnected operation. The Parties recognize, however, that, despite their best efforts to prevent the same, unscheduled deliveries of electric energy from one Party to the other may occur. In such event, electric energy delivered hereunder shall be settled for by the return of equivalent energy. Equivalent energy shall be returned at times when the load conditions of the Party receiving it are equivalent to the load conditions of such Party at the time the energy for which it is returned was delivered or, if such Party elects to have equivalent energy returned under different conditions, it shall be returned in such amounts, to be agreed upon by the Operating Committee, as will compensate for the difference in conditions.

Appears in 2 contracts

Samples: Tenth Supplemental Agreement (Ipalco Enterprises, Inc.), Tenth Supplemental Agreement (Ipalco Enterprises Inc)

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