Common use of PJM Member Default Cost Allocation Clause in Contracts

PJM Member Default Cost Allocation. In the event PJM imposes a Default Allocation Assessment upon any of the Companies relating to a default during the Term, the Companies may, in their sole discretion, invoice the XXXX Supplier, based on its XXXX Supplier Responsibility Share, for amounts determined, in the Companies’ sole discretion, to be properly payable by such XXXX Supplier from the Default Allocation Assessment and the XXXX Supplier shall pay such amounts within three (3) Business Days after receipt of such invoice, subject to the dispute resolution procedures set forth in Section 8.1(f).

PJM Member Default Cost Allocation. In the event PJM imposes a Default Allocation Assessment upon any of the Companies relating to a default during the Term, the Companies may, in their sole discretion, invoice the XXXX each SSO Supplier, based on its XXXX SSO Supplier Responsibility Share, for amounts determined, in the Companies’ sole discretion, to be properly payable by such XXXX SSO Supplier from the Default Allocation Assessment and the XXXX each SSO Supplier shall pay such amounts within three (3) Business Days after receipt of such invoice, subject to the dispute resolution procedures set forth in Section 8.1(f).