Common use of Payments and Set-off Against Power Pool Settlement Clause in Contracts

Payments and Set-off Against Power Pool Settlement. (a) The Party owing the Monthly RESA Payment for any Settlement Period shall remit to the other Party full payment in respect of the final RESA Statement on the RESA Settlement Date; provided that where the Generator owes the Monthly RESA Payment to the AESO, the Generator hereby acknowledges and agrees that the AESO may, and authorizes and directs the AESO to, deduct any such Monthly RESA Payment owing to the AESO from any amount (set forth in the final Power Pool Statement) which is payable by the AESO to the Generator pursuant to Section 103.4 (Power Pool Financial Settlement) of the ISO Rules with respect to such Settlement Period. (b) Any and all payments required to be made by the AESO to the Generator under any provision of this Agreement shall be made by wire transfer to the same account designated by the Generator to the AESO from time to time for purposes of Power Pool financial settlement. Any payments required to be made by the Generator to the AESO under any provision of this Agreement which are not deducted from amounts payable by the AESO to the Generator in accordance with

Payments and Set-off Against Power Pool Settlement. ‌ (a) The Party owing the Monthly RESA Payment for any Settlement Period shall remit to the other Party full payment in respect of the final RESA Statement on the RESA Settlement Date; provided that where the Generator owes the Monthly RESA Payment to the AESO, the Generator hereby acknowledges and agrees that the AESO may, and authorizes and directs the AESO to, deduct any such Monthly RESA Payment owing to the AESO from any amount (set forth in the final Power Pool Statement) which is payable by the AESO to the Generator pursuant to Section 103.4 (Power Pool Financial Settlement) of the ISO Rules with respect to such Settlement Period. (b) Any and all payments required to be made by the AESO to the Generator under any provision of this Agreement shall be made by wire transfer to the same account designated by the Generator to the AESO from time to time for purposes of Power Pool financial settlement. Any payments required to be made by the Generator to the AESO under any provision of this Agreement which are not deducted from amounts payable by the AESO to the Generator in accordance with

Payments and Set-off Against Power Pool Settlement. ‌ (a) The Party owing the Monthly RESA Payment for any Settlement Period shall remit to the other Party full payment in respect of the final RESA Statement on the RESA Settlement Date; provided that where the Generator owes the Monthly RESA Payment to the AESO, the Generator hereby acknowledges and agrees that the AESO may, and authorizes and directs the AESO to, deduct any such Monthly RESA Payment owing to the AESO from any amount (set forth in the final Power Pool Statement) which is payable by the AESO to the Generator pursuant to Section 103.4 (Power Pool Financial Settlement) of the ISO Rules with respect to such Settlement Period. (b) Any and all payments required to be made by the AESO to the Generator under any provision of this Agreement shall be made by wire transfer to the same account designated by the Generator to the AESO from time to time for purposes of Power Pool financial settlement. Any payments required to be made by the Generator to the AESO under any provision of this Agreement which are not deducted from amounts payable by the AESO to the Generator in accordance withwith Section 6.5(a) shall be made by wire transfer to the account designated by the AESO from time to time pursuant to Section 6.10.