Common use of Project Developer Clause in Contracts

Project Developer. (1) Project Developer shall construct and, unless otherwise indicated, shall own, the following Interconnection Facilities: [Use the following if facilities are to be constructed or owned] i. Facilities for which the Project Developer has sole cost responsibility ii. Facilities for which a Network Upgrade Cost Responsibility Agreement is required. (2) In the event that, in accordance with Attachment L of this GIA, Project Developer has exercised the Option to Build, it is hereby permitted to build in accordance with and subject to the conditions and limitations set forth in Attachment L, the following portions of the Transmission Owner Interconnection Facilities and Stand Alone Network Upgrades which constitute or are part of the Generating Facility or Merchant Transmission Facility: Ownership of the facilities built by Project Developer pursuant to the Option to Build shall be as provided in Schedule L. b. Transmission Owner {or Name of Transmission Owners if more than one Transmission Owner} [Use the following if facilities are to be constructed or owned] i. Facilities for which the Project Developer has sole cost responsibility ii. Facilities for which a Network Upgrade Cost Responsibility Agreement is required.

Appears in 6 contracts

Samples: Execution Deadlines, Interconnection Agreement, Execution Deadlines

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Project Developer. (1) Project Developer shall construct and, unless otherwise indicated, shall own, the following Interconnection Facilities: [Use the following if facilities are to be constructed or owned] i. Facilities for which the Project Developer has sole cost responsibility ii. Facilities for which a Network Upgrade Cost Responsibility Agreement is required. (2) In the event that, in accordance with Attachment L of this GIA, that Project Developer has exercised the Option to Build, it is hereby permitted to build in accordance with and subject to the conditions and limitations set forth in Attachment L, the following portions of the Transmission Owner Interconnection Facilities and Stand Alone Network Upgrades which constitute or are part of the Generating Facility or Merchant Transmission Facility: Ownership of the facilities built by Project Developer pursuant to the Option to Build shall be as provided in Schedule L. b. Transmission Owner {or Name of Transmission Owners if more than one Transmission Owner} [Use the following if facilities are to be constructed or owned] i. Facilities for which the Project Developer has sole cost responsibility ii. Facilities for which a Network Upgrade Cost Responsibility Agreement is required.

Appears in 6 contracts

Samples: Execution Deadlines, Execution Deadlines, Execution Deadlines

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