Common use of Limited Section 205 Filing for an Extension of Contract Term Clause in Contracts

Limited Section 205 Filing for an Extension of Contract Term. If CAISO has extended the term of this Agreement pursuant to Section 2.1(b), then not later than October 31 of the expiring Contract Year, Owner shall make a filing with FERC under Section 205 of the Federal Power Act containing the values in Tables B-1 through B-6 for the ensuing Contract Year. In the event that a Long-term Planned Outage that is scheduled for the last quarter of the expiring Contract Year is postponed or rescheduled after October 31 of such year to the ensuing Contract Year, Owner shall make an additional Section 205 filing to revise the values in Tables B-1 through B-5 to reflect such rescheduled Long-term Planned Outage Hours. The Variable Cost Payment for each Unit for the Billing Month shall be the amount calculated in accordance with the following formula: Variable Cost Payment = A. CAISO Unit Monthly Billed Fuel Cost + B. CAISO Unit Monthly Fuel Imbalance C. Charge +

Appears in 6 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement

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Limited Section 205 Filing for an Extension of Contract Term. If CAISO has extended the term of this Agreement pursuant to Section 2.1(b), then not later than October 31 of the expiring Contract Year, Owner shall make a filing with FERC under Section 205 of the Federal Power Act containing the values in Tables B-1 through B-6 for the ensuing Contract Year. In the event that a Long-term Planned Outage that is scheduled for the last quarter of the expiring Contract Year is postponed or rescheduled after October 31 of such year to the ensuing Contract Year, Owner shall make an additional Section 205 filing to revise the values in Tables B-1 through B-5 to reflect such rescheduled Long-term Planned Outage Hours. The Variable Cost Payment for each Unit for the Billing Month shall be the amount calculated in accordance with the following formula: Variable Cost Payment =: A. CAISO Unit Monthly Billed Fuel Cost + B. CAISO Unit Monthly Fuel Imbalance C. Charge +Variable Cost Payment = C.

Appears in 1 contract

Samples: Must Run Service Agreement

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