Likely Timing for SSR Agreement Termination Sample Clauses

Likely Timing for SSR Agreement Termination. The SSR Order requires that MISO report on its estimate of how long the SSR Agreement will need to remain in effect,17 and also directs MISO to modify the Attachment Y-1 pro forma SSR Agreement to include language that an SSR Agreement must not exceed a one- year term, except in exigent circumstances.18 The SSR Agreement appears to be required for the period until a transmission upgrade renders the SSR designation for White Pine 2 unnecessary, unless an alternative such as a generation alternative becomes available. The transmission 16 See attached exhibit, Attachment Y Study Report, Section VII (“Alternatives Analysis”). 17 SSR Order at PP 134-135. 18 Id. at P 106. Xxx. Xxxxxxxx X. Bose December 30, 2014 upgrade and possible generation alternative are discussed immediately above as well as in the Attachment Y Study Report that is an exhibit to this transmittal letter. Pursuant to Section 38.2.7 (“Annual Review of SSR Unit Status”) of the Tariff, MISO shall no less than annually review the SSR Unit and transmission system characteristics to determine whether the SSR Unit is qualified to remain as a SSR Unit. Additionally, under both the Tariff and the SSR Agreement, MISO retains the right to terminate this SSR Agreement prior to the end of the Term by giving ninety (90) days written notice to the Participant. In accordance with Section 38.2.7 (“Execution of SSR Agreement”), the proposed term of the SSR Agreement is 3 ½ months as required by MISO in order permit a timely reevaluation of the necessity to retain the SSR-designation for White Pine 2.
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Likely Timing for SSR Agreement Termination. The SSR Order required that MISO report on its estimate of how long the SSR Agreement will need to remain in effect,11 and is also the origin of the language in the Attachment Y-1 pro forma SSR Agreement to the effect that a SSR Agreement must not exceed a one-year term, except in exigent circumstances.12 Unless an alternative is identified, Rush Island 1 & 2 will no longer be required for reliability purposes upon the completion of four proposed transmission upgrades. The needed upgrades are MTEP Projects 22807, 22808, 22786, and 22065/22808, which would construct a 67 MVAR capacitor bank, upgrade a 345 kV bus conductor, upgrade a 560 MVA transformer, and install 250 MVAR STATCOMs (shunt-connected devices used for reactive power control), respectively. The current, estimated in-service date for the last project, the installation of the STATCOMs, is June 1, 2025. Pursuant to the Tariff,13 MISO annually reviews the SSR Unit and transmission system characteristics to determine whether the SSR Unit is qualified to remain as a SSR Unit. Additionally, under both the Tariff and the Rush Island SSR Agreement, MISO retains the right to terminate this SSR Agreement prior to the end of the Term by giving sixty (60) days written notice to the Market Participant. The proposed term of the Rush Island SSR Agreement is twelve months.14
Likely Timing for SSR Agreement Termination. The SSR Order requires that MISO report on its estimate of how long the SSR Agreement will need to remain in effect,16 and also directs MISO to modify the Attachment Y-1 pro forma SSR Agreement to include language that an SSR Agreement must not exceed a one- year term, except in exigent circumstances.17 The SSR Agreement appears to be required for the period until a transmission upgrade renders the SSR designation for White Pine 1 unnecessary. At the time when the initial Attachment Y Study Report was prepared, the transmission reinforcements were being developed, and the early estimate of the completion date for the upgrades was in the 2019-2022 timeframe. Further evaluation of the project needs identified additional construction requirements, and the current estimated in-service date of proposed MTEP15 Project 8089 is December 31, 2021. Pursuant to the Tariff,18 MISO annually reviews the SSR Unit and transmission system characteristics to determine whether the SSR Unit is qualified to remain as a SSR Unit. Additionally, under both the Tariff and the SSR Agreement, MISO retains the right to terminate this SSR Agreement prior to the end of the Term by giving ninety (90) days written notice to the Participant. In accordance with the Tariff,19 the proposed term of the SSR Agreement is twelve months.

Related to Likely Timing for SSR Agreement Termination

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • Program Termination In the event the Utility’s Electric Security Plan (“ESP”) or Market-Rate Offer is terminated prior to the end of this agreement, this agreement shall automatically terminate.

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement.

  • Termination for Market Change (a) In the event of delay or interruption under B8.33, exceeding 90 days, and Contract has not been modified to include replacement timber, this contract may be terminated upon election and written notice by Purchaser, if (i) a rate redetermination for market change under B3.33 shows that the appraised weighted average Indicated Advertised Rate of all Included Timber remaining immediately prior to the delay or interruption has been reduced through a market change by an amount equal to or more than the the weighted average Current Contract Rate, or (ii) the appraised value of the remaining timber is insufficient to cover the adjusted base rates as determined under B3.33.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • License Termination Customer may terminate the license for an ICA Program at any time on one month's written notice to IBM. For ICA Program licenses that Customer acquired for a one-time charge, replacement licenses may be acquired for an upgrade charge, if available. When Customer obtains licenses for these replacement ICA Programs, Customer agrees to terminate the license of the replaced ICA Programs when charges become due, unless IBM specifies otherwise. IBM may terminate Customer’s license if Customer fails to comply with the license terms. If IBM does so, Customer’s authorization to use the ICA Program is also terminated.

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