Day-Ahead Third Party Transactions Sample Clauses

Day-Ahead Third Party Transactions. MMC hereby delegates authority to Energy Manager to execute Day-Ahead or shorter-term Third Party Transactions on its behalf (including Third Party Transactions with CAISO), provided, however, that Energy Manager must obtain MMC’s prior approval before entering into a Third Party Transaction that could result in MMC congestion charges. Energy Manager shall not engage in any bilateral congestion transactions around MMC’s assets for its own account without prior approval from MMC. If MMC chooses to grant Energy Manager a right to execute a bilateral congestion transaction around its assets then appropriate compensation will be negotiated on a per transaction basis.