Common use of Models Clause in Contracts

Models. Purpose: EMS models contain detailed representations of the transmission and generation configurations within each RTO and neighboring systems. The Parties depend upon EMS models for reliability coordination and market operations. The regular exchange of models is to ensure that each Party is using current and up-to-date representations of the other Party.

Appears in 6 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

AutoNDA by SimpleDocs

Models. Purpose: EMS models contain detailed representations of the transmission and generation configurations within each RTO Party’s Region and neighboring systems. The Parties depend upon EMS models for reliability coordination and market operations. The regular exchange of models is to ensure that each Party is using current and up-to-date representations of the other Party.Party‌‌

Appears in 1 contract

Samples: Joint Operating Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!