Common use of Energy Settlement by the Company Clause in Contracts

Energy Settlement by the Company. In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company to the DS Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.

Appears in 16 contracts

Samples: Master Agreement, Master Agreement, Default Service Supplier Master Agreement

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Energy Settlement by the Company. In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company Company, to the DS Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.

Appears in 7 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Energy Settlement by the Company. In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company Company, to the DS Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

Energy Settlement by the Company. In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company to the DS Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.

Appears in 1 contract

Samples: Default Supplier Master Agreement

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Energy Settlement by the Company. Deleted: ,‌ In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company to the DS Supplier Supplier‌ as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.

Appears in 1 contract

Samples: Master Agreement

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