Common use of Ownership; Operational Standards Clause in Contracts

Ownership; Operational Standards. Transmission Common Use Facilities are located at Transmission-Owned Substations and are owned by the Transmission Owner. Distribution Common Use Facilities are located at Distribution-Owned Substations and are owned by the Local Distribution Company. Each Party shall operate and maintain their respective Common Use Facilities in accordance with Good Utility Practice and all applicable provisions of this Agreement.

Appears in 2 contracts

Samples: Separation Agreement, Separation Agreement (ITC Holdings Corp.)

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Ownership; Operational Standards. Transmission Common Use Facilities are located at Transmission-Owned Substations and are owned by the Transmission Owner. Distribution Common Use Facilities are located at Distribution-Owned Substations and are owned by the Local Distribution Company. Each Party shall operate and maintain their respective Common Use Facilities in accordance with Good Utility Practice and all applicable provisions of this Agreement.. Table of Contents

Appears in 1 contract

Samples: Separation Agreement (Entergy Corp /De/)

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Ownership; Operational Standards. Transmission Common Use Facilities are located at Transmission-Owned Substations (other than the Transmission Batteries which may be located at Distribution-Owned Substations) and are owned by the Transmission Owner. Distribution Common Use Facilities are located at Distribution-Owned Substations and are owned by the Local Distribution Company. Each Party shall operate and maintain their respective Common Use Facilities in accordance with Good Utility Practice and all applicable provisions of this Agreement.

Appears in 1 contract

Samples: Distribution Agreement (ITC Holdings Corp.)

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