Common use of Rescheduling Clause in Contracts

Rescheduling. (a) A Maintenance Outage and the associated Capacity Credit Period may be rescheduled if Seller’s request to reschedule is received by Buyer no later than 5:00 p.m. PPT on the day before the Maintenance Outage was previously scheduled to begin. (b) A Major Overhaul and the associated Capacity Credit Period may be rescheduled provided: (i) The rescheduled Major Xxxxxxxx begins six months or more after the first outage notification date and time; (ii) The notification to reschedule is made at least one week before the Major Overhaul was previously scheduled to begin; and (iii) There is at least a one-month period between the notification to reschedule and the commencement of the rescheduled Major Overhaul. (c) Maintenance Outages and Major Overhauls may be rescheduled more than once.

Appears in 11 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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