Operating Objectives, Changes. The Parties have agreed to certain operating protocols under this Agreement to ensure system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and the operating protocols applicable to these systems will change upon the startup of Phase 3, Market to Market implementation. The operating objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and as appropriate revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Prior to the initiation of Phase 3, the Parties will develop a Phase 3 White Paper containing protocols to achieve the following objectives:
Appears in 6 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement
