Common use of DIVERSITY POWER Clause in Contracts

DIVERSITY POWER. 2.1 From time to time, because of differences in load patterns one of the parties hereto may have excess capacity during one seasonal load period at the same time the other party is experiencing its peak load season. At such time it may be to the parties' mutual advantage to schedule exchange of certain portions of any such excess capacity. Such capacity shall be termed and is herein called "Diversity Power."

Appears in 5 contracts

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

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DIVERSITY POWER. 2.1 From time to time, because of differences in load patterns one of the parties hereto may have excess capacity during one seasonal load period at the same time the other party is experiencing its peak load season. At such time it may be to the parties' mutual advantage to schedule exchange of certain portions of any such excess capacity. Such capacity shall be termed and is herein called "Diversity Power"."

Appears in 5 contracts

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

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DIVERSITY POWER. 2.1 3.1 From time to time, because of differences in load patterns one of the parties hereto a Party may have excess capacity during one seasonal load period Seasonal Load Period at the same time the other party Party is experiencing its peak load season. At such time it may be to the partiesParties' mutual advantage to schedule an exchange of certain portions of any such excess capacity. Such capacity shall be termed and is herein called "Diversity Power"."

Appears in 2 contracts

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

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