Common use of Honoring of Existing Contracts Clause in Contracts

Honoring of Existing Contracts. The ISO will enable Existing Rightholders represented by the Responsible PTO to exercise their rights under Existing Contracts as contemplated by Sections 2.4.3 and 2.4.4 of the ISO Tariff notwithstanding any inconsistency with the other provisions of the ISO Tariff , applicable ISO Protocols and the SC Agreement. The Responsible PTO will not amend the Existing Contract in any way that may affect the ISO in its operation of the ISO Controlled Grid without first consulting the ISO as Control Area operator. The Parties will use reasonable efforts to ensure that, to the extent possible, the honoring of Existing Contracts does not (a) adversely affect the safe and reliable operation of the ISO Controlled Grid or (b) degrade ISO Control Area performance.

Appears in 2 contracts

Samples: Transmission Owner Agreement, Transmission Owner Agreement

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Honoring of Existing Contracts. The ISO will enable Existing Rightholders represented by the Responsible PTO to exercise their rights under Existing Contracts as contemplated by Sections 2.4.3 and 2.4.4 of the ISO Tariff notwithstanding any inconsistency with the other provisions of the ISO Tariff , applicable ISO Protocols and the SC Agreement. The Responsible PTO will not amend the Existing Contract in any way that may affect the ISO in its operation of the ISO Controlled Grid without first consulting the ISO as Control Area operator. The Parties will use reasonable efforts to ensure that, to the extent possible, the honoring of Existing Contracts does not (a) adversely affect the safe and reliable operation of the ISO Controlled Grid or (b) degrade ISO Control Area performance.performance as measured with respect to the WSCC criteria and NERC performance standards. ResponsibleParticipating Transmission Owner Agreement

Appears in 1 contract

Samples: California Independent System Operator

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Honoring of Existing Contracts. The ISO will enable Existing Rightholders represented by the Responsible PTO to exercise their rights under Existing Contracts as contemplated by Sections 2.4.3 and 2.4.4 of the ISO Tariff notwithstanding any inconsistency with the other provisions of the ISO Tariff , applicable ISO Protocols and the SC Agreement. The Responsible PTO will not amend the Existing Contract in any way that may affect the ISO in its operation of the ISO Controlled Grid without first consulting the ISO as Control Area operator. The Parties will use reasonable efforts to ensure that, to the extent possible, the honoring of Existing Contracts does not (a) adversely affect the safe and reliable operation of the ISO Controlled Grid or (b) degrade ISO Control Area performance.performance as measured with respect to the WSCC criteria and NERC performance standards. RESPONSIBLEPARTICIPATINGTRANSMISSIONOWNERAGREEMENT

Appears in 1 contract

Samples: California Independent System Operator

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