Common use of FERC Application for Surrender Clause in Contracts

FERC Application for Surrender. A. Concurrently with the joint application for license transfer, the DRE will file an application with FERC to surrender the FERC license for the Facilities for the purpose of Facilities Removal, which will include a copy of this Settlement and the Detailed Plan. The DRE will request that FERC defer acting on the application until the conditions in Section 7.1.4 are satisfied. The DRE will take any action necessary to obtain necessary FERC authorization to carry out Facilities Removal in accordance with this Settlement. PacifiCorp will provide technical support to the DRE and to FERC in processing the surrender application, but will not be a co-applicant or co-licensee on the surrender application unless otherwise mutually agreed upon with the DRE.

Appears in 10 contracts

Samples: Klamath Hydroelectric Settlement Agreement, Klamath Hydroelectric Settlement Agreement, Klamath Hydroelectric Settlement Agreement

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