Definitions of Phases and Applicable Time Periods Sample Clauses

Definitions of Phases and Applicable Time Periods. The Parties’ coordination and exchange of data and information shall occur in three (3) phases. Phase 1, “Non-Market to Non-Market”, shall commence upon execution of this Agreement. Phase 2, “Market to Non- Market,” shall commence upon the initiation of a Market within the SPP footprint or the MIDWEST ISO footprint where such a market did not exist prior to the Effective Date and ending when SPP and MIDWEST ISO have initiated Markets. Phase 3, “Market to Market,” shall commence when SPP and MIDWEST ISO have implemented Markets and such commencement shall be with respect only to Control Areas included in those Markets. Each phase includes continuation of all elements of prior phases except any elements that, due to initiation of a later phase, are determined by both Parties to be impracticable to perform.
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Definitions of Phases and Applicable Time Periods. The Parties’ coordination and exchange of data and information shall occur in two (2) phases, except as otherwise provided in Section 3.2.1. Phase 1, “Market to Non-Market,” shall commence upon the later of the Effective Date or the initiation of an LMP-based market within a PJM Control Area or a MIDWEST ISO Control Area, where such a market did not exist prior to the Effective Date and shall end when all PJM and MIDWEST ISO Control Areas on the interfaces between PJM and the MIDWEST ISO have been included in LMP-based markets. Phase 2, “Market to Market,” shall commence when adjacent PJM and MIDWEST ISO Control Areas on the interfaces between PJM and the MIDWEST ISO are included in LMP-based markets and such commencement shall be with respect only to Control Areas that are included in LMP-based markets, provided, that no such additional LMP-based market shall be initiated in the PJM markets prior to the commencement of Phase 1. Phase 2 continues throughout the term of this Agreement, subject to Section 3.3.2.
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Definitions of Phases and Applicable Time Periods. The Parties’ tariff coordination shall occur in two phases. Phase 1 shall reflect the existing relationship between the Midwest ISO and MAPPCOR. Phase 2 shall commence upon the initiation of a Market within the Midwest ISO footprint where such a Market did not exist prior to the Effective Date. Phase 2 shall include continuation of all elements of the prior phase except any elements that are determined by both Parties to be impracticable to perform.
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