Common use of Required Study Deposits and Readiness Deposits Clause in Contracts

Required Study Deposits and Readiness Deposits. a. Study Deposits. Pursuant to Tariff, Part VII, Subpart C, section 306(A)(5), each New Service Request must submit with its Application a Study Deposit, the amount of which will be determined based upon the MWs requested in such Application. Ten percent of the Study Deposit is non-refundable. Project Developer and Eligible Customers are responsible for actual study costs, which may exceed the Study Deposit amount. i. If any Study Deposit monies remain after all System Impact Studies are completed and any outstanding monies owed by Project Developer or Eligible Customer in connection with outstanding invoices related to the present or prior New Service Requests have been paid, such remaining deposit monies shall be returned to the Project Developer or Eligible Customer at the conclusion of the required studies for the New Service Request.

Appears in 3 contracts

Samples: Generation Interconnection Procedures, Generation Interconnection Procedures, Generation Interconnection Procedures

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Required Study Deposits and Readiness Deposits. a. Study Deposits. Pursuant to Tariff, Part VII, Subpart C, section Application rules 306(A)(5), each New Service Request must submit with its Application a Study Deposit, the amount of which will be determined based upon the MWs requested in such Application. Ten percent of the Study Deposit is non-refundable. Project Developer and Eligible Customers are responsible for actual study costscosts , which may exceed the Study Deposit amount. i. If any Study Deposit monies remain after all System Impact Studies are completed and any outstanding monies owed by Project Developer or Eligible Customer in connection with outstanding invoices related to the present or prior New Service Requests have been paid, such remaining deposit monies shall be returned to the Project Developer or Eligible Customer at the conclusion of the required studies for the New Service Request.

Appears in 1 contract

Samples: Generation Interconnection Procedures

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Required Study Deposits and Readiness Deposits. a. Study Deposits. Pursuant to Tariff, Part VII, Subpart C, section 306(A)(5)Application rules, each New Service Request must submit with its Application a Study Deposit, the amount of which will be determined based upon the MWs requested in such Application. Ten percent of the Study Deposit is non-refundable. Project Developer and Eligible Customers are responsible for actual study costs, costs which may exceed the Study Deposit amount. i. If any Study Deposit monies remain after all System Impact Studies are completed and any outstanding monies owed by Project Developer or Eligible Customer in connection with outstanding invoices related to the present or prior New Service Requests have been paid, such remaining deposit monies shall be returned to the Project Developer or Eligible Customer at the conclusion of the required studies for the New Service Request.

Appears in 1 contract

Samples: Generation Interconnection Procedure

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