Common use of Distribution of the Withdrawal Penalty Clause in Contracts

Distribution of the Withdrawal Penalty. Any Withdrawal Penalty revenues shall be used to fund generation interconnection studies. Withdrawal Penalty revenues shall first be applied, in the form of a bill credit, to not-yet- invoiced study costs for other Interconnection Customers in the same cluster, and to the extent that such studies are fully credited, shall be applied to study costs of future clusters in Queue order. Withdrawn Interconnection Customers shall not receive a bill credit associated with Withdrawal Penalties. Distribution of Withdrawal Penalty revenues to a specific study shall not exceed the total actual study costs. Allocation of Withdrawal Penalty revenues within a cluster to a specific customer shall be comparable to the allocation of study costs described in Section 10.3. Specifically, the Withdrawal Penalty revenue distribution to each customer in a specific cluster, shall be (1) ten percent (10%) on a per capita basis based on number of Interconnection Requests in the applicable Cluster; and (2) ninety percent (90%) to Interconnection Customers on a pro-rata basis based on requested megawatts included in the applicable Cluster. Distribution of Withdrawal Penalty revenue associated with Readiness Milestone 5 shall not be distributed to the remaining customers in that cluster until all customers in that cluster have reached Commercial Operation and thereafter shall be distributed as described above. Transmission Provider shall not change the distribution of Withdrawal Penalty revenue without authorization by the Commission. Transmission Provider shall post the Withdrawal Penalty balance on its OASIS site.

Appears in 1 contract

Samples: Agreement

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Distribution of the Withdrawal Penalty. Any Withdrawal Penalty revenues shall be used to fund generation interconnection studies. Withdrawal Penalty revenues shall first be applied, in the form of a bill credit, to not-yet- yet-invoiced study costs for other Interconnection Customers in the same cluster, and to the extent that such studies are fully credited, shall be applied to study costs of future clusters in Queue order. Withdrawn Interconnection Customers shall not receive a bill credit associated with Withdrawal Penalties. Distribution of Withdrawal Penalty revenues to a specific study shall not exceed the total actual study costs. Allocation of Withdrawal Penalty revenues within a cluster to a specific customer shall be comparable to the allocation of study costs described in Section 10.3. Specifically, the Withdrawal Penalty revenue distribution to each customer in a specific cluster, shall be (1) ten percent (10%) on a per capita basis based on number of Interconnection Requests in the applicable Cluster; and (2) ninety percent (90%) to Interconnection Customers on a pro-rata basis based on requested megawatts included in the applicable Cluster. Distribution of Withdrawal Penalty revenue associated with Readiness Milestone 5 shall not be distributed to the remaining customers in that cluster until all customers in that cluster have reached Commercial Operation and thereafter shall be distributed as described above. Transmission Provider shall not change the distribution of Withdrawal Penalty revenue without authorization by the Commission. Transmission Provider shall post the Withdrawal Penalty balance on its OASIS site.

Appears in 1 contract

Samples: Large Generator Interconnection Agreement

Distribution of the Withdrawal Penalty. Any Withdrawal Penalty revenues shall be used to fund generation interconnection studies. Withdrawal Penalty revenues shall first be applied, in the form of a bill credit, to not-yet- yet-invoiced study costs for other Interconnection Customers in the same cluster, and to the extent that such studies are fully credited, shall be applied to study costs of future clusters in Queue order. ;Withdrawn Interconnection Customers shall not receive a bill credit associated with Withdrawal Penalties. Distribution of Withdrawal Penalty revenues to a specific study shall not exceed the total actual study costs. Allocation of Withdrawal Penalty revenues within a cluster to a specific customer shall be comparable to the allocation of study costs described in Section 10.3. Specifically, the Withdrawal Penalty revenue distribution to each customer in a specific cluster, shall be (1) ten percent (10%) on a per capita basis based on number of Interconnection Requests in the applicable Cluster; and (2) ninety percent (90%) to Interconnection Customers on a pro-rata basis based on requested megawatts included in the applicable Cluster. Distribution of Withdrawal Penalty revenue associated with Readiness Milestone 5 shall not be distributed to the remaining customers in that cluster until all customers in that cluster have reached Commercial Operation and thereafter shall be distributed as described above. Transmission Provider shall not change the distribution of Withdrawal Penalty revenue without authorization by the Commission. Transmission Provider shall post the Withdrawal Penalty balance on its OASIS site.

Appears in 1 contract

Samples: Agreement

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Distribution of the Withdrawal Penalty. Any Withdrawal Penalty revenues shall be used to fund generation interconnection studies, including individual Interconnection Facility Studies. Withdrawal Penalty revenues shall first be applied, in the form of a bill credit, to not-yet- yet-invoiced study costs for other Interconnection Customers in the same clusterCluster, and to the extent that such studies are fully credited, shall be applied to study costs of future clusters Clusters in Queue queue order. Withdrawn Interconnection Customers shall not receive a bill credit associated with Withdrawal PenaltiesPenalty revenues. Distribution of Withdrawal Penalty revenues to a specific study shall not exceed the total actual study costs. Allocation of Withdrawal Penalty revenues within a cluster Cluster to a specific customer shall be comparable to the allocation of study costs described in Section 10.3. Specifically, the Withdrawal Penalty revenue distribution to each customer in a specific cluster, Interconnection Customer shall be (1) ten fifty percent (1050%) on a per capita basis based on number of Interconnection Requests in the applicable Cluster; and (2) ninety fifty percent (9050%) to Interconnection Customers on a pro-rata basis based on requested megawatts included in the applicable Cluster. Distribution of Withdrawal Penalty revenue associated with Readiness Milestone 5 Article 3.6.1.1(c) shall not be distributed to the remaining customers Interconnection Customers in that cluster Cluster until all customers Interconnection Customers in that cluster Cluster have reached Commercial Operation and thereafter shall be distributed as described above. Transmission Provider shall not change the distribution of Withdrawal Penalty revenue without authorization by the Commission. Transmission Provider shall post the Withdrawal Penalty balance on its OASIS site.

Appears in 1 contract

Samples: www.pacificpower.net

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