Common use of Owner’s Progress Reports Clause in Contracts

Owner’s Progress Reports. (a) Promptly following the Execution Date, Owner shall deliver to Distribution Company copies of all applications that have been submitted by Owner with respect to any Owner Approvals, as well as all material correspondence and submittals relating to such Owner Approvals. Within ten (10) days after the end of each calendar quarter, commencing at receipt of the Regulatory Approval, Owner shall prepare and submit to Distribution Company for review a progress report for informational purposes that sets forth in reasonable detail the current status of the milestones set forth in the Owner’s Construction Schedule, including any changes in the expected timelines and the status of all Owner Approvals and including copies of any Owner Approval applications, material correspondence and submittals relating to Owner Approvals, and any issued Owner Approvals (the “Owner’s Construction Progress Report”). Without limitation of the foregoing, Owner shall include in such reports relevant information relating to: (i) Owner’s efforts to mitigate the impacts of the NECEC Transmission Line on natural resources, environmentally sensitive areas, habitats, and wildlife species, and cultural and historic resources; (ii) Owner’s efforts to comply with applicable noise ordinances; (iii) and Owner’s communication and community outreach efforts and plans with respect to the construction of the NECEC Transmission Line, including with stakeholders in Massachusetts. At the request of Distribution Company, Owner shall, or shall cause each contractor to, provide Distribution Company with access to, and copies of, all reasonably requested documentation concerning such Owner’s Construction Progress Report. (b) Owner shall, or shall cause the principal contractor to, notify Distribution Company promptly, but in no event later than ten (10) days, after Owner, or such contractor, becomes aware that the Commercial Operation of the NECEC Transmission Line is not reasonably likely to occur by the Target Date.

Owner’s Progress Reports. (a) Promptly following the Execution Date, Owner shall deliver to Distribution Company Purchaser copies of all applications that have been submitted by Owner with respect to any Owner Approvals, as well as all material correspondence and submittals relating to such Owner Approvals. Within ten (10) days after the end of each calendar quarter, commencing at receipt of the Regulatory Approval, Owner shall prepare and submit to Distribution Company Purchaser for review a progress report for informational purposes that sets forth in reasonable detail the current status of the milestones set forth in the Owner’s Construction Schedule, including any changes in the expected timelines and the status of all Owner Approvals and including copies of any Owner Approval applications, material correspondence and submittals relating to Owner Approvals, and any issued Owner Approvals (the “Owner’s Construction Progress Report”). Without limitation of the foregoing, Owner shall include in such reports relevant information relating to: (i) Owner’s efforts to mitigate the impacts of the NECEC Transmission Line on natural resources, environmentally sensitive areas, habitats, and wildlife species, and cultural and historic resources; (ii) Owner’s efforts to comply with applicable noise ordinances; (iii) and Owner’s communication and community outreach efforts and plans with respect to the construction of the NECEC Transmission Line, including with stakeholders in Massachusetts; and (iv) Owner’s analysis of, and any material developments related to, the Municipal Owner Approvals (or any applications to the Maine Public Utilities Commission to exempt Owner from the requirement to obtain any Municipal Owner Approval). In delivering the Owner’s Construction Progress Report, Owner shall be deemed to certify that the list of required Municipal Owner Approvals identified in paragraph 10 of Attachment C is accurate and complete as of the date of delivery of the Owner’s Construction Progress Report except as supplemented in such report. At the request of Distribution CompanyPurchaser, Owner shall, or shall cause each contractor to, provide Distribution Company Purchaser with access to, and copies of, all reasonably requested documentation concerning such Owner’s Construction Progress Report. (b) Owner shall, or shall cause the principal contractor to, notify Distribution Company Purchaser promptly, but in no event later than ten (10) days, after Owner, or such contractor, becomes aware that the Commercial Operation of the NECEC Transmission Line is not reasonably likely to occur by the Target Date.

Owner’s Progress Reports. (a) Promptly following the Execution Date, Owner shall deliver to Distribution Company Purchaser copies of all applications that have been submitted by Owner with respect to any Owner Approvals, as well as all material correspondence and submittals relating to such Owner Approvals. Within ten (10) days after the end of each calendar quarter, commencing at receipt of the Regulatory Approval, Owner shall prepare and submit to Distribution Company Purchaser for review a progress report for informational purposes that sets forth in reasonable detail the current status of the milestones set forth in the Owner’s Construction Schedule, including any changes in the expected timelines and the status of all Owner Approvals Approvals, and including copies of any Owner Approval applications, material correspondence and submittals relating to Owner Approvals, and any issued Owner Approvals (the “Owner’s Construction Progress Report”). Without limitation of the foregoing, Owner shall include in such reports relevant information relating to: (i) Owner’s efforts to mitigate the impacts of the NECEC Transmission Line on natural resources, environmentally sensitive areas, habitats, and wildlife species, and cultural and historic resources; (ii) Owner’s efforts to comply with applicable noise ordinances; (iii) and Owner’s communication and community outreach efforts and plans with respect to the construction of the NECEC Transmission Line, including with stakeholders in Massachusetts; and (iv) Owner’s analysis of, and any material developments related to, the Municipal Owner Approvals (or any applications to the Maine Public Utilities Commission to exempt Owner from the requirement to obtain any Municipal Owner Approval). In delivering the Owner’s Construction Progress Report, Owner shall be deemed to certify that the list of required Municipal Owner Approvals identified in paragraph 10 of Attachment C is accurate and complete as of the date of delivery of the Owner’s Construction Progress Report except as supplemented in such report. At the request of Distribution CompanyPurchaser, Owner shall, or shall cause each contractor to, provide Distribution Company Purchaser with access to, and copies of, all reasonably requested documentation concerning such Owner’s Construction Progress Report. (b) Owner shall, or shall cause the principal contractor to, notify Distribution Company Purchaser promptly, but in no event later than ten (10) days, after Owner, or such contractor, becomes aware that the Commercial Operation of the NECEC Transmission Line is not reasonably likely to occur by the Target Date.