Common use of PUC Approval Order Clause in Contracts

PUC Approval Order. The term "PUC Approval Order" means an order from the PUC that does not contain terms and conditions deemed to be unacceptable by Company, and is in a form deemed to be reasonable by Company, in its sole, but nonarbitrary, discretion, ordering that: this Agreement is approved; Company is authorized to include the purchased energy costs (and related revenue taxes) that Company incurs under this Agreement in Company's Energy Cost Recovery Clause, or equivalent, to the extent such costs are not included in Base Rates for the Term; Company is authorized to include the Lump Sum Payment that Company incurs under this Agreement in Company's Purchase Power Adjustment Clause, to the extent such costs are not included in Base Rates for the Term; the purchased energy costs and the Lump Sum Payment to be incurred by Company as a result of this Agreement are reasonable; and Company's purchased power arrangements under this Agreement, pursuant to which Company will purchase [energy and (Only if PPA has energy payment)] renewable dispatchable generation from Seller, are prudent and in the public interest.

PUC Approval Order. The term "“PUC Approval Order" ” means an order from the PUC that does not contain terms and conditions deemed to be unacceptable by Company, and is in a form deemed to be reasonable by Company, in its sole, but nonarbitrary, discretion, ordering that: this Agreement is approved; Company is authorized to include the purchased energy storage costs (and related revenue taxes) that Company incurs under this Agreement in Company's ’s Energy Cost Recovery Clause, Clause or equivalent, to the extent such costs are not included in Base Rates base rates for the Term; Company is authorized to include the Lump Sum Payment that Company incurs under this Agreement in Company's ’s Purchase Power Adjustment Clause, to the extent such costs are not included in Base Rates for the Term; the The purchased energy storage costs and the Lump Sum Payment to be incurred by Company as a result of this Agreement are reasonable; and Company's purchased power ’s energy storage arrangements under this Agreement, pursuant to which Company will purchase [energy and (Only if PPA has energy payment)] renewable dispatchable generation the availability of the Facility’s Energy Storage Services from Seller, are prudent and in the public interest.

PUC Approval Order. The term "PUC Approval Order" means an order from the PUC that does not contain terms and conditions deemed to be unacceptable by Company, and is in a form deemed to be reasonable by Company, in its sole, but nonarbitrary, discretion, ordering that: this Agreement is approved; Company is authorized to include the purchased energy costs (and related revenue taxes) that Company incurs under this Agreement in Company's Energy Cost Recovery Adjustment Clause, or equivalent, to the extent such costs are not included in Base Rates for the Term; Company is authorized to include the Lump Sum Payment that Company incurs under this Agreement in Company's Purchase Power Adjustment Clause, to the extent such costs are not included in Base Rates for the Term; the purchased energy costs and the Lump Sum Payment to be incurred by Company as a result of this Agreement are reasonable; and Company's purchased power arrangements under this Agreement, pursuant to which Company will purchase [energy and (Only if PPA has energy payment)] renewable dispatchable generation Renewable Dispatchable Generation from Seller, are prudent and in the public interest.

PUC Approval Order. The term "PUC Approval Order" means an order from the PUC that does not contain terms and conditions deemed to be unacceptable by Company, and is in a form deemed to be reasonable by Company, in its sole, but nonarbitrary, discretion, ordering that: this Agreement is approved; Company is authorized to include the purchased energy costs (and related revenue taxes) that Company incurs under this Agreement in Company's Energy Cost Recovery Clause, or equivalent, to the extent such costs are not included in Base Rates for the Term; Company is authorized to include the Lump Sum Payment that Company incurs under this Agreement in Company's Purchase Power Adjustment Clause, to the extent such costs are not included in Base Rates for the Term; the purchased energy costs and the Lump Sum Payment to be incurred by Company as a result of this Agreement are reasonable; and Company's purchased power arrangements under this Agreement, pursuant to which Company will purchase [energy and (Only if PPA has energy payment)] renewable dispatchable generation the Service Profile from Seller, are prudent and in the public interest.

PUC Approval Order. The term "PUC Approval Order" means an order from the PUC that does not contain terms and conditions deemed to be unacceptable by Company, and is in a form deemed to be reasonable by Company, in its sole, but nonarbitrary, discretion, ordering that: this Agreement is approved; Company is authorized to include the purchased energy costs (and related revenue taxes) that Company incurs under this Agreement in Company's Energy Cost Recovery Clause, or equivalent, to the extent such costs are not included in Base Rates for the Term; Company is authorized to include the Lump Sum Payment that Company incurs under this Agreement in Company's Purchase Power Adjustment Clause, to the extent such costs are not included in Base Rates for the Term; the purchased energy costs and the Lump Sum Payment to be incurred by Company as a result of this Agreement are reasonable; and Company's purchased power arrangements under this Agreement, pursuant to which Company will purchase [energy and (Only if PPA has energy payment)] renewable dispatchable generation from SellerSubscriber Organization, are prudent and in the public interest.