Common use of Procedures for Exercising Mitigation Rights Clause in Contracts

Procedures for Exercising Mitigation Rights. Any Notice of SCE’s exercise of the SCE Mitigation Rights shall set forth the basis for SCE’s determination that one or more of the circumstances set forth in Section 11.04(a)(ii) has occurred, including SCE’s calculation of any actual or forecast ISO Change Cost Payment, along with annotated workpapers and source data supporting SCE’s calculation. If SCE provides Notice that it is exercising the SCE Mitigation Rights to become Seller’s Scheduling Coordinator: (i) SCE shall reimburse Seller for any cost or liability to Seller up to a maximum amount of twenty five thousand dollars ($25,000) associated with the termination of Seller’s arrangements with its then- existing Scheduling Coordinator and its transition of its Scheduling Coordinator relationship to SCE; (ii) If Seller is in PIRP or a successor program, the Parties shall promptly enter into a Scheduling Coordinator agreement that is acceptable to both Parties containing substantially similar terms and conditions, including cost of service terms, as those in effect between Seller and its Scheduling Coordinator at the time Notice is given; and (iii) Seller shall pay SCE for ISO PIRP Charges (if Seller is in PIRP or a successor program) or, if PIRP has been eliminated, for forecasting fees equivalent to those that it would have paid under PIRP as of the Master Agreement Effective Date, provided that such costs are not otherwise being paid by Seller.

Procedures for Exercising Mitigation Rights. Any Notice of SCE’s exercise of the SCE Mitigation Rights shall set forth the basis for SCE’s determination that one or more of the circumstances set forth in Section 11.04(a)(ii) has occurred, including SCE’s calculation of any actual or forecast ISO Change Cost Payment, along with annotated workpapers and source data supporting SCE’s calculation. If SCE provides Notice that it is exercising the SCE Mitigation Rights to become Seller’s Scheduling Coordinator: (i) SCE shall reimburse Seller for any cost or liability to Seller up to a maximum amount of twenty five thousand dollars ($25,000) associated with the termination of Seller’s arrangements with its then- existing Scheduling Coordinator and its transition of its Scheduling Coordinator relationship to SCE; (ii) If Seller is in PIRP or a successor program, the The Parties shall promptly enter into a Scheduling Coordinator agreement that is acceptable to both Parties containing substantially similar terms and conditions, including cost of service terms, as those in effect between Seller and its Scheduling Coordinator at the time Notice is given; and (iii) Seller shall pay SCE for ISO PIRP Charges (if Seller is in PIRP or a successor program) or, if PIRP has been eliminated, eliminated for forecasting fees charges equivalent to those that it would have paid under PIRP as of the Master Agreement Effective DatePIRP, provided that such costs are not otherwise included in other ISO charges which are being paid by Seller.

Procedures for Exercising Mitigation Rights. Any Notice of SCE’s exercise of the SCE Mitigation Rights shall set forth the basis for SCE’s determination that one or more of the circumstances set forth in Section 11.04(a)(ii) has occurred, including SCE’s calculation of any actual or forecast ISO Change Cost Payment, along with annotated workpapers and source data supporting SCE’s calculation. If SCE provides Notice that it is exercising the SCE Mitigation Rights to become Seller’s Scheduling Coordinator: (i) SCE shall reimburse Seller for any cost or liability to Seller up to a maximum amount of twenty five thousand dollars ($25,000) associated with the termination of Seller’s arrangements with its then- then-existing Scheduling Coordinator and its transition of its Scheduling Coordinator relationship to SCE; (ii) If Seller is in PIRP or a successor program, the The Parties shall promptly enter into a Scheduling Coordinator agreement that is acceptable to both Parties containing substantially similar terms and conditions, including cost of service terms, as those in effect between Seller and its Scheduling Coordinator at the time Notice is given; and (iii) Seller shall pay SCE for ISO PIRP Charges (if Seller is in PIRP or a successor program) or, if PIRP has been eliminated, eliminated for forecasting fees charges equivalent to those that it would have paid under PIRP as of the Master Agreement Effective DatePIRP, provided that such costs are not otherwise included in other ISO charges which are being paid by Seller.