Common use of Minimum Performance Standards Clause in Contracts

Minimum Performance Standards. The ISO developed the Minimum Performance Standard(s) set forth below for each RMR Generator based on (a) the RMR Generator’s historical performance when scheduled to operate in real-time by the ISO, (b) any deferred maintenance, repair or capital expenditure costs that are included in RMR Avoidable Costs for an RMR Generator that can reasonably be expected to improve the RMR Generator’s performance, and (c) other factors that are specific to the particular RMR Generator for which the Minimum Performance Standard was developed. [ADD TABLE WITH THE MINIMUM PERFORMANCE STANDARD THAT THE ISO WILL APPLY TO EACH RMR GENERATOR THAT IS SUBJECT TO THE RMR AGREEMENT.]