Common use of Representations and Warranties of Market Participant Clause in Contracts

Representations and Warranties of Market Participant. A. Market Participant hereby represents and warrants to the NYISO as follows: (1) Market Participant is a Customer eligible to participate in Auctions and is purchasing or selling Unforced Capacity solely for purposes related to its business as a producer, processor, commercial user of or a merchant handling Unforced Capacity or the products or by-products thereof. (2) Market Participant shall not resell any Unforced Capacity purchased through an Auction for the purpose of meeting the electric generation capacity requirements in an External Control Area.

Appears in 4 contracts

Samples: Agreement to Purchase or Sell Unforced Capacity, Agreement to Purchase or Sell Unforced Capacity, Agreement to Purchase or Sell Unforced Capacity

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