Common use of Expedited System Study Clause in Contracts

Expedited System Study. If AEP determines, based on Good Utility Practice, that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “Expedited Study Agreement.” The Expedited Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the estimated study cost or $25,000, which ever is less. If the Customer fails to return an executed Expedited Study Agreement within thirty (30) Calendar Days of receipt along with the required deposit, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue an Expedited Study report to the Customer within sixty (60) Calendar Days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Expedited System Study. If AEP determines, based on Good Utility Practice, determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “Expedited System Study Agreement.” The Expedited Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the estimated study cost or $25,000, which ever is less. If the Customer fails to return an executed Expedited System Study Agreement within thirty (30) Calendar Days calendar days of receipt along with the required deposit, or at a later date as the Parties mutually agree, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue an Expedited System Study report to the Customer within sixty (60) Calendar Days calendar days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.

Expedited System Study. If AEP determines, based on Good Utility Practice, determines that minimum efforts are needed to carry out the requested Delivery Point modifications/additions, AEP shall, upon request by the Customer, offer a single agreement covering the System Impact Study and Facilities Study, the “Expedited System Study Agreement.” The Expedited Study Agreement shall commit the Customer to pay AEP the actual cost to complete the study and to make an advance deposit equal to the estimated study cost or $25,000, which ever whichever is less. If the Customer fails to return an executed Expedited System Study Agreement within thirty (30) Calendar Days calendar days of receipt along with the required deposit, or at a later date as the Parties mutually agree, AEP shall deem the study request to be withdrawn. The Customer may withdraw its study request at any time by written notice of such withdrawal to AEP. AEP shall complete the study and issue an Expedited System Study report to the Customer within sixty (60) Calendar Days calendar days after receipt of an executed Expedited Study Agreement, deposit and necessary data, or at a later date as the Parties may mutually agree.