Common use of Proceeds from Capacity Releases and Transmission Resales Clause in Contracts

Proceeds from Capacity Releases and Transmission Resales. Except as otherwise provided in Section 14.4(b), Purchaser’s proceeds received by Owner of any capacity releases and transmission resales that are made during the Purchaser Term pursuant to this Article X shall be credited, net of reasonable fees (including attorneys’ fees) and other expenses incurred in connection with performance of the functions described in Section 10.2 and Section 10.3, against any Transmission Service Payment or other amounts owed to Owner by Purchaser for the calendar month subsequent to the calendar month in which such proceeds were received.

Proceeds from Capacity Releases and Transmission Resales. Except as otherwise provided in Section 14.4(b), Purchaser’s the proceeds received by Owner of any capacity releases and transmission resales that are made during the Purchaser Term pursuant to this Article X shall be credited, net of reasonable fees (including attorneys’ fees) and other expenses incurred in connection with performance of the functions described in Section 10.2 and Section 10.3, against any Transmission Service Payment or other amounts owed to Owner by Purchaser for the calendar month subsequent to the calendar month in which such proceeds were received.