Reconciliation of Tank Cleaning and Premium Cost payments. 2.4.1 To obtain a true-up of the invoiced premiums to the Premium Cost payments for Years 1, 2, and/or 3, TC Ravenswood shall provide to the NYISO all Fuel Oil invoices for Year 1 by June 15, 2018, for Year 2 by June 15, 2019, and for Year 3 by June 15, 2020. Should the invoiced premiums paid by TC Ravenswood for Fuel Oil burned in furtherance of G.2 in Years 1, 2 and/or 3, respectively, exceed the Premium Cost payment made in Years 1, 2, and/or 3, respectively, by more than $25,000, the NYISO shall reimburse TC Ravenswood for the total excess of the invoiced premiums over the Premium Cost payment made. Should the Premium Cost payment made in Years 1, 2 and/or 3, respectively, exceed the invoiced premiums paid by TC Ravenswood for Fuel Oil burned in furtherance of G.2 in Years 1, 2, and/or 3, respectively, by more than $25,000, TC Ravenswood shall reimburse the NYISO for the total excess of the Premium Costs paid over the invoiced premiums. To obtain a true-up of the invoiced tank cleaning costs during the three year term of this Implementation Agreement, TC Ravenswood shall provide to the NYISO all tank cleaning invoices by June 15, 2020. Should the invoiced amounts paid by TC Ravenswood for tank cleaning exceed the estimated cost included in the Demand Charge, by more than $25,000, the NYISO shall reimburse TC Ravenswood for the total excess of the invoiced amounts. Should the amounts paid to TC Ravenswood for tank cleaning exceed the estimated cost included in the Demand Charge, by more than $25,000, TC Ravenswood shall reimburse the NYISO for the total excess.
