Powerex Option to Purchase Thermal Generation Sample Clauses

Powerex Option to Purchase Thermal Generation. At any time when B.C. Hydro is operating any of the Thermal Generation Plants for its own purposes, Powerex will have the option, exercisable by notice in writing to B.C. Hydro, to purchase from B.C. Hydro the electricity generated by that operation on the terms set out in Section 5.1 for the purchase by Powerex of electricity from a Thermal Generation Plant, including with respect to the supply of Gas by Powerex and the payment by Powerex of the Variable Operating Costs and any Variable Transportation Costs. Electricity purchased by Powerex under this Section 5.2 shall be made available and title and risk of loss shall pass from B.C. Hydro to Powerex at the point of interconnection between the applicable Thermal Generation Plant and the Transmission System.
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Related to Powerex Option to Purchase Thermal Generation

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