Common use of Obligation to Submit Further Information Clause in Contracts

Obligation to Submit Further Information. Market Parties for Generator Deactivation Solutions, including Initiating Generators, Generator Deactivation Solutions proposed pursuant to Section 38.4, Generators that submitted a statement of intent pursuant to Section 38.5, and Generators otherwise required to provide the information in Appendix B pursuant to Section 38.5, shall provide any new information, and shall update and revise information previously submitted to the ISO in accordance with Sections 38.25.2 or 38.25.3, (i) no more than fifteen days after (a) a material change (or a series of changes that results in a material change) in (I) the physical condition of a proposed or potential Generator Deactivation Solution or any aspect of its proposal, or (II) the information previously submitted, (b) an event occurring that makes any element of the information submitted materially inaccurate, (c) actual cost information becoming available where estimated information had been provided, (d) changes to costs based on physical events or regulatory developments that might reasonably be expected to impact planned operations, and also (ii) promptly upon the request of the ISO for any other information. The obligation to provide information pursuant to this Section 38.25.4 shall cease (a) for any proposed or potential Generator Deactivation Solution (other than an Initiating Generator) on the earlier of the date (x) the ISO provides notice that a Generator Deactivation Solution is not needed, (y) the request for Generator Deactivation Solutions is withdrawn, or (z) that the ISO determines a Generator Deactivation Solution other than it is expected to satisfy the Generator Deactivation Reliability Need, and (b) for any Initiating Generator, upon the earlier of the date that (x) it withdraws its Generator Deactivation Notice if it stated it was a notice of retirement, or (y) it permanently retires.

Obligation to Submit Further Information. Market Parties for Generator Deactivation Short-Term Reliability Process Solutions, including Initiating Generators, Generator Deactivation Short-Term Reliability Process Solutions proposed pursuant to Section 38.4, Generators that submitted a statement of intent pursuant to Section 38.5, and Generators otherwise required to provide the information in Appendix B pursuant to Section 38.5, shall provide any new information, and shall update and revise information previously submitted to the ISO in accordance with Sections 38.25.2 or 38.25.3, (i) no more than fifteen days after (a) a material change (or a series of changes that results in a material change) in (I) the physical condition of a proposed or potential Generator Deactivation Short-Term Reliability Process Solution or any aspect of its proposal, or (II) the information previously submitted, (b) an event occurring that makes any element of the information submitted materially inaccurate, (c) actual cost information becoming available where estimated information had been provided, (d) changes to costs based on physical events or regulatory developments that might reasonably be expected to impact planned operations, and also (ii) promptly upon the request of the ISO for any other information. The obligation to provide information pursuant to this Section 38.25.4 shall cease (a) for any proposed or potential Generator Deactivation Short-Term Reliability Process Solution (other than an Initiating Generator) on the earlier of the date (x) the ISO provides notice that a Generator Deactivation Short-Term Reliability Process Solution is not needed, (y) the request for Generator Deactivation Short-Term Reliability Process Solutions is withdrawn, or (z) that the ISO determines a Generator Deactivation Short-Term Reliability Process Solution other than it is expected to satisfy the Generator Deactivation Short-Term Reliability Process Need, and (b) for any Initiating Generator, upon the earlier of the date that (x) it withdraws its Generator Deactivation Notice if it stated it was a notice of retirement, or (y) it permanently retires.