Common use of Energy Settlement by the Company Clause in Contracts

Energy Settlement by the Company. In the event that actual BGS-RSCP 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 BGS-RSCP Supplier. Should PJM impose penalties against the Company as a result of the BGS-RSCP Supplier’s transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company, to the BGS-RSCP 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 BGS-RSCP Supplier.

Energy Settlement by the Company. In the event that actual BGS-RSCP FP 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 BGS-RSCP FP Supplier. Should PJM impose penalties against the Company as a result of the BGS-RSCP FP Supplier’s transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company, to the BGS-RSCP FP 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 BGS-RSCP FP Supplier.