Common use of Operating and Reserve Account Clause in Contracts

Operating and Reserve Account. Revenues collected to fund Operating Reserves shall be deposited in an Operating and Reserve Account until such account reaches a level specified by the ISO Governing Board. If the Operating and Reserve Account is fully funded, surplus revenues will be considered revenues in the next fiscal year’s operating budget.

Operating and Reserve Account. Revenues collected to fund Operating Reserves shall be deposited in an Operating and Reserve Account until such account reaches a level specified by the ISO Governing Board. If the Operating and Reserve Account is fully funded, surplus revenues will be considered revenues in the next fiscal year’s operating budget.. FERC ELECTRIC TARIFF Second Revised Sheet No. 189 ORIGINAL VOLUME NO. I Replacing First Revised Sheet No. 189

Operating and Reserve Account. Revenues collected to fund Operating Reserves shall be deposited in an Operating and Reserve Account until such account reaches a level specified by the ISO Governing Board. If the Operating and Reserve Account is fully funded, surplus revenues will be considered revenues in the next fiscal year’s operating budget.. FERC ELECTRIC TARIFF First Revised Sheet No. 189 ORIGINAL VOLUME NO. I Replacing Original Sheet No. 189

Operating and Reserve Account. Revenues collected to fund Operating Reserves shall be deposited in an Operating and Reserve Account until such account reaches a level specified by the ISO Governing Board. If the Operating and Reserve Account is fully funded, surplus revenues will be considered revenues in the next fiscal year’s 's operating budget.. FERC ELECTRIC TARIFF Second Revised Sheet No. 189 ORIGINAL VOLUME NO. I Replacing First Revised Sheet No. 189