Cost and Security Obligations Clause Samples
Cost and Security Obligations. 16
6.1 Cost Responsibilities 16 6.2 Provision and Application of Security 17 6.3 Line Outage Costs 17 ARTICLE 7. INVOICE 17 7.1 General 17 7.2 Refund of Remaining Security/Cash and Overpayment Amount 17 7.3 Payment 18 7.4 Disputes. 18 ARTICLE 8. REGULATORY REQUIREMENTS AND GOVERNING LAW 18 8.1 Regulatory Requirements 18 8.2 Governing Law 18 ARTICLE 9. NOTICES 19 9.1 General 19 9.2 ▇▇▇▇▇▇▇▇ and Payments 19 9.3 Alternative Forms of Notice 19 ARTICLE 10. FORCE MAJEURE 19 ARTICLE 11. DEFAULT 19 11.1 General 19 11.2 Right to Terminate 20 ARTICLE 12. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 20 12.1 Indemnity. 20 12.2 No Consequential Damages 21 12.3 Insurance. 22 ARTICLE 13. ASSIGNMENT 24 ARTICLE 14. SEVERABILITY 24 ARTICLE 15. COMPARABILITY 24 ARTICLE 16. CONFIDENTIALITY 24 16.1 Confidentiality 24 16.2 Term 25 16.3 Confidential Information 25 16.4 Scope. 25 16.5 Release of Confidential Information. 25 16.6 Rights 26 16.7 No Warranties 26 16.8 Standard of Care. 26 16.9 Order of Disclosure 26 16.10 Termination of Agreement. 26 16.11 Remedies 27 16.12 Disclosure to FERC, its Staff, or a State 27
Cost and Security Obligations. 6. 1Cost Responsibilities.
6.1. 1Each Developer will be responsible for its respective Invoice Share of the EPC Costs incurred by Affected Transmission Owner in performing the EPC Services up to its Developer Common SDU Cost Cap amount.
6.1. 2Notwithstanding the requirements in Attachment S to the ISO OATT, Affected Transmission Owner shall be solely responsible for its EPC Costs in performing the EPC Services that are greater than the Developer Common SDU Cost Cap amount.
Cost and Security Obligations