Common use of Phase 3 Clause in Contracts

Phase 3. Xxxxx 0, Xxxxxx to Market, consists of the continuation of all Phase 1 and Phase 2 elements (except those that have been completed or due to other circumstances cannot be continued) and, in addition, may consist of the following elements: (a) Generation redispatch and coordination, as described in Articles VIII and XII (pursuant to NERC Policies 5 and 9); (b) Consistency in calculating energy prices at the market borders as described in Section 12.3.1; (c) Additions to, or deletions from Items (a) through (g) of Section 3.3.1 and Items (a) and (b) of Section 3.3.2, to which the Parties may agree from time to time, including agreements prior to initiation of Phase 2 and in accordance with Section 3.1, or as ordered by the FERC.

Phase 3. Xxxxx 0, Xxxxxx to Market, consists of the continuation of all Phase 1 and Phase 2 elements (except those that have been completed or due to other circumstances cannot be continued) and, in addition, may consist of the following elements: (a) Generation redispatch and coordination, as described in Articles VIII and XII (pursuant to NERC Policies 5 and 9); (b) Consistency in calculating energy prices at the market borders as described in Section 12.3.1; (c) Sharing contract path capacity as described in Section 12.3.10; and (d) (c) Additions to, or deletions from Items (a) through (g) of Section 3.3.1 and Items (a) and (b) of Section 3.3.2, to which the Parties may agree from time to time, including agreements prior to initiation of Phase 2 and in accordance with Section 3.1, or as ordered by the FERC.

Phase 3. Xxxxx 0, Xxxxxx to Market, consists of the continuation of all Phase 1 and Phase 2 elements (except those that have been completed or due to other circumstances cannot be continued) and, in addition, may consist of the following elements: (a) Generation redispatch and coordination, as described in Articles VIII and XII (pursuant to NERC Policies 5 and 9); (b) Consistency in calculating energy prices at the market borders as described in Section 12.3.1; (c) Additions to, or deletions from Items (a) through (g) of Section 3.3.1 and Items (a) and (b) of Section 3.3.2, to which the Parties may agree from time to time, including agreements prior to initiation of Phase 2 and in accordance with Section 3.1, or as ordered by the FERC.. ARTICLE IV‌‌

Phase 3. Xxxxx 0, Xxxxxx to Market, consists of the continuation of all Phase 1 and Phase 2 elements (except those that have been completed or due to other circumstances cannot be continued) and, in addition, may consist of the following elements: (a) Generation redispatch and coordination, as described in Articles VIII and XII XI (pursuant to NERC Policies 5 and 9); (b) Consistency in calculating energy prices at the market borders as described in Section 12.3.1;; and (c) Additions to, or deletions from Items (a) through (g) of Section 3.3.1 and Items (a) and (b) of Section 3.3.2, to which the Parties may agree from time to time, including agreements prior to initiation of Phase 2 and in accordance with Section 3.1, or as ordered by the FERC.