Common use of Power Services Clause in Contracts

Power Services. 2The Parties hereto specifically acknowledge that the delivery of Power Services hereunder shall be effectuated through Seller’s registration of the Load Asset(s) as set forth in the ISO Documents. Buyer and Seller shall complete all necessary documentation to register ownership of a Load Asset for each Standard Service Customer Class and/or LRS Group, for each applicable CL&P Metering Domain and pursuant to each applicable Service Attachment. The delivery of Power Services shall be deemed to have occurred upon ISO’s assignment of metered load to such Load Asset(s) pursuant to the ISO settlement process. If ISO implements two energy zones in Connecticut during the Term of Agreement one or more additional Load Assets will be required. Upon termination of the applicable Service Attachment(s), Seller shall cooperate with Buyer and shall take such action as necessary to ensure the transfer and return of the Load Asset(s) to Buyer.