Owned Interconnection Facilities Clause Samples

The "Owned Interconnection Facilities" clause defines which interconnection equipment and infrastructure are owned by a specific party, typically in the context of connecting a facility to a utility grid or network. This clause details the scope of ownership, such as substations, transmission lines, or transformers, and may specify responsibilities for maintenance, upgrades, and costs associated with these facilities. By clearly delineating ownership, the clause helps prevent disputes over control, access, and financial obligations, ensuring that each party understands their rights and responsibilities regarding the interconnection assets.
Owned Interconnection Facilities. Seller shall provide the necessary Governmental Approvals and Land Rights for the construction, ownership operation and maintenance of the Company-Owned Interconnection Facilities in accordance with Section 9 (Governmental Approvals for Company-Owned Interconnection Facilities) of Attachment G (Company-Owned Interconnection Facilities) and Section 10 (Land Rights) of Attachment G (Company-Owned Interconnection Facilities). Regardless of whether Company or Seller constructs the Company-Owned Interconnection Facilities, Seller shall provide Company with an accounting of all necessary Governmental Approvals (in a list or spreadsheet) at the commencement of construction including relevant information regarding status and estimated completion. Seller shall update Company on the status of all necessary Governmental Approvals, including the addition of any new Governmental Approvals that may be discovered and required, in Seller’s Monthly Progress Report submitted to Company in accordance with Section 11.2 (Monthly Progress Report). Notwithstanding the above, under no circumstance shall Seller commence any construction, operation or maintenance of the Company-Owned Interconnection Facilities, or require or permit Company to commence any such construction, without first obtaining the required, applicable Governmental Approvals and Land Rights. Seller shall bear complete responsibility for all delays in construction, operation and maintenance of the Company-Owned Interconnection Facilities resulting from Seller's failure to identify and/or timely obtain necessary Governmental Approvals and Land Rights for such Company-Owned Interconnection Facilities. CONSTRUCTION PERIOD AND MILESTONES Time is of the essence of this Agreement, and ▇▇▇▇▇▇’s ability to timely achieve the Construction Milestones is critically important.
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Owned Interconnection Facilities. The Steel Winds I IA contains several changes that address the joint ownership of certain Interconnection Facilities. For example, the Steel Winds I IA contains several recitals that introduce and describe the existing collection station and the joint ownership of interconnection facilities therein that are currently being utilized by the existing Steel Winds I plant that will also be utilized, as modified, for the interconnection of the Steel Winds II plant. In addition, the Interconnection Agreement contains several modifications and additions to the pro forma SGIA that address operational and administrative issues associated with the joint ownership of Interconnection Facilities. There are a number of areas where coordination between Niagara Wind Power and Erie Wind is of particular concern. Section 1.5.7 was added to the document to reflect that Niagara Wind Power will act as the Operational Contact for Erie Wind on issues related to the Steel Winds II plant and the existing collection station, which contains both the sole use Interconnection Facilities and the Jointly Owned Interconnection Facilities required for both the Steel Winds I and Steel Winds II plants. Section 2.3 provides that both Niagara Wind Power and Erie Wind are obligated to provide access to the NYISO and/or Niagara Mohawk to inspect these facilities prior to energization of these facilities. The amended language in section 4.1 provides that Erie Wind and Niagara Wind Power are jointly and severally liable for the cost of 5 See PJM Interconnection, LLC, 111 FERC ¶ 61,163 at PP-10-11, reh’g denied 112 FERC ¶ 61,282 (2005).
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Owned Interconnection Facilities. In the event that the Land Rights include a relocation clause and such clause is exercised or if Company-Owned Interconnection Facilities must be relocated for any other reason not caused by Company, Seller shall bear the cost of such relocation. Prior to the relocation of the Company-Owned Interconnection Facilities Company shall invoice Seller for the total estimated cost of relocating the Company-Owned Interconnection Facilities (the "Total Estimated Relocation Cost"). Seller shall, within thirty (30) Days after the invoice date, pay to Company the Total Estimated Relocation Cost. Once the relocation of the Company-Owned Interconnection Facilities is complete, Company shall conduct a final accounting of all costs related thereto. Within thirty (30) Days of the final accounting, which shall take place within one hundred and twenty (120) Days of completion of the relocation of Company-Owned Interconnection Facilities, Seller shall remit to Company the difference between the Estimated Relocation Cost paid to date and the total actual relocation cost incurred by Company (the "Total Actual Relocation Cost"). If the Total Actual Relocation Cost is less than the payments received by Company as the Total Estimated Relocation Cost, Company shall repay the difference to Seller within thirty (30) Days of the final accounting. Guarantee for Interconnection Costs. Standby Letter of Credit. To ensure payment by Seller of all costs and expenses incurred by Company (i) in excess of the Total Estimated Interconnection Cost paid in connection with the Company-Owned Interconnection Facilities to be provided and/or constructed by Company described in Section 3 (Seller Payment to Company for Company-Owned Interconnection Facilities and Review of Facility) of this Attachment G (Company-Owned Interconnection Facilities), and (ii) if applicable, in excess of the Total Estimated Relocation Costs paid in connection with the relocation of the Company-Owned Interconnection Facilities as provided in Section 5 (Relocation of Company-Owned Interconnection Facilities), Seller shall obtain an Irrevocable Standby Letter of Credit with no Documentary Requirement (“Standby Letter of Credit”), in accordance with the requirements of Section 6(b) (Requirements of the Standby Letter of Credit) of this Attachment G (Company-Owned Interconnection Facilities), wherein Company shall receive payment from the bank upon request by Company. Requirements of the Standby Letter of Credit. The Standby Le...
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Related to Owned Interconnection Facilities

  • Interconnection Facilities 4.1.1 The Interconnection Customer shall pay for the cost of the Interconnection Facilities itemized in Attachment 2 of this Agreement. The NYISO, in consultation with the Connecting Transmission Owner, shall provide a best estimate cost, including overheads, for the purchase and construction of its Interconnection Facilities and provide a detailed itemization of such costs. Costs associated with Interconnection Facilities may be shared with other entities that may benefit from such facilities by agreement of the Interconnection Customer, such other entities, the NYISO, and the Connecting Transmission Owner. 4.1.2 The Interconnection Customer shall be responsible for its share of all reasonable expenses, including overheads, associated with (1) owning, operating, maintaining, repairing, and replacing its own Interconnection Facilities, and

  • Interconnection Customer’s Interconnection Facilities The Interconnection Customer shall design, procure, construct, install, own and/or control the Interconnection Customer’s Interconnection Facilities described in Appendix A at its sole expense.

  • Participating TO’s Interconnection Facilities The Participating TO shall design, procure, construct, install, own and/or control the Participating TO’s Interconnection Facilities described in Appendix A at the sole expense of the Interconnection Customer. Unless the Participating TO elects to fund the capital for the Participating TO’s Interconnection Facilities, they shall be solely funded by the Interconnection Customer.

  • CONNECTING TRANSMISSION OWNER’S INTERCONNECTION FACILITIES As depicted on the one-line diagram in Attachment 3, the Connecting Transmission Owner’s Interconnection Facilities consist of the following constructed or installed between the POI and PCO, as well as metering and telecommunications located at the ▇▇▇▇▇ Solar Collector Substation.

  • Purpose of Interconnection Facilities Except as may be required by Applicable Laws and Regulations, or as otherwise agreed to among the Parties, the Interconnection Facilities shall be constructed for the sole purpose of interconnecting the Large Generating Facility to the Participating TO’s Transmission System and shall be used for no other purpose.