Filing of Unexecuted RMR Agreement and Generator Owner Developed Rate Sample Clauses

Filing of Unexecuted RMR Agreement and Generator Owner Developed Rate. If the ISO and Generator Owner agree on the terms and conditions of the RMR Agreement, but Generator Owner rejects the Availability and Performance Rate calculated by the ISO for its Generator and proposes an Owner Developed Rate, the ISO will submit an unexecuted RMR Agreement to the Commission pursuant to Section 205 of the Federal Power Act that sets forth the agreed upon terms and conditions of the RMR Agreement. The ISO’s filing shall specifically identify and explain any changes to the Form of Reliability Must Run Agreement terms and conditions that ISO and Generator Owner have mutually agreed to. Generator Owner shall submit a separate filing to the Commission pursuant to Section 205 of the Federal Power Act that proposes an “Owner Developed Rate,” which filing shall be consistent with the terms and conditions of service proposed in the RMR Agreement the ISO submitted and shall track the format of the RMR Agreement the ISO submitted.
AutoNDA by SimpleDocs

Related to Filing of Unexecuted RMR Agreement and Generator Owner Developed Rate

  • COMPENSATION FOR CONSTRUCTION PHASE SERVICES 5.1 For the Construction Manager’s performance of the Work as described in Section 2.3, the Owner shall pay the Construction Manager the Contract Sum in current funds. The Contract Sum is the Cost of the Work as defined in Section 6.1.1 plus the Construction Manager’s Fee.

Time is Money Join Law Insider Premium to draft better contracts faster.