Common use of PURPOSE OF THIS AGREEMENT Clause in Contracts

PURPOSE OF THIS AGREEMENT. This Agreement provides for the reliable operation of the interconnected PJM and NYISO Transmission Systems in accordance with the requirements of the Standards Authority and efficient market operations through M2M coordination. This Agreement establishes a structure and framework for the following functions related to the reliability of interconnected operations between the Parties and efficient joint market operations: 35.3.1.1 Developing and issuing Operating Instructions and Security Limits; 35.3.1.2 Coordinating operation of their respective Transmission Systems; 35.3.1.3 Developing and adopting operating criteria and standards; 35.3.1.4 Conducting operating performance reviews of the Interconnection Facilities; 35.3.1.5 Implementing each Party’s respective Standards Authority requirements with regard to the PJM and NYISO Transmission Systems; 35.3.1.6 Exchanging information and coordination regarding system planning; 35.3.1.7 Providing mutual assistance in an Emergency and during system restoration;

PURPOSE OF THIS AGREEMENT. ‌ This Agreement provides for the reliable operation of the interconnected PJM and NYISO Transmission Systems in accordance with the requirements of the Standards Authority and efficient market operations through M2M coordination. This Agreement establishes a structure and framework for the following functions related to the reliability of interconnected operations between the Parties and efficient joint market operations: 35.3.1.1 Developing and issuing Operating Instructions and Security Limits; 35.3.1.2 Coordinating operation of their respective Transmission Systems; 35.3.1.3 Developing and adopting operating criteria and standards; 35.3.1.4 Conducting operating performance reviews of the Interconnection Facilities; 35.3.1.5 Implementing each Party’s respective Standards Authority requirements with regard to the PJM and NYISO Transmission Systems; 35.3.1.6 Exchanging information and coordination regarding system planning; 35.3.1.7 Providing mutual assistance in an Emergency and during system restoration;