Common use of Planning and Authorization of Production Facilities Clause in Contracts

Planning and Authorization of Production Facilities. (a) Each Company shall forecast the amount of generating capability required to meet its Company Load Responsibility and its Planning Reserve Level in future years. (b) A current Joint Resource Plan will be maintained that will state the current forecasted System Load Responsibility including the Planning Reserve Level and the required resources. (c) All Generating Units placed in service after the date of this Agreement shall be in accordance with the then current Joint Resource Plan. Joint Units shall be authorized by the Board of Directors of the Parent Company prior to the commencement of detailed engineering of the units. (d) For the purpose of this Agreement the Generating Units listed in Schedule B are not Joint Units. (e) The organization designated by the CEO shall be responsible for the staffing, operation and maintenance of each authorized Joint Generating Unit.

Planning and Authorization of Production Facilities. (a) Each Company shall forecast the amount of generating capability required to meet its Company Load Responsibility and its Planning Reserve Level in future yearsYears. (b) A current Joint Resource Plan will be maintained that will state the current forecasted System Load Responsibility including the Planning Reserve Level and the required resources. (c) All Generating Units placed in service after the date of this Agreement shall be in accordance with the then current Joint Resource Plan. Joint Units shall be authorized by the Board of Directors of the Parent Company prior to the commencement of detailed engineering of the units. (d) For the purpose of this Agreement Agreement, the Generating Units listed in Schedule B are not Joint Units. (e) The organization designated by the CEO shall be responsible for the staffing, operation and maintenance of each authorized Joint Generating Unit.