Common use of Reservation Priority Clause in Contracts

Reservation Priority. (i) Long-Term Firm Point-To-Point Transmission Service shall be available on a first-come, first-served basis, i.e., in the chronological sequence in which each Transmission Customer has requested service. (ii) Reservations for Short-Term Firm Point-To-Point Transmission Service will be conditional based upon the length of the requested transaction or reservation. However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority over earlier-submitted requests that are not Pre- Confirmed and that have equal or shorter duration. Among requests or reservations with the same duration and, as relevant, pre-confirmation status (pre-confirmed, confirmed, or not confirmed), priority will be given to an Eligible Customer’s request or reservation that offers the highest price, followed by the date and time of the request or reservation. (iii) If the Transmission Provider’s business practices establish an earliest time when requests for Short-Term Firm Point-To-Point Transmission Service may be submitted, any requests for such service submitted within five minutes after that time shall be deemed to have been submitted simultaneously. Among such requests with the same priority based on duration, pre- confirmation status and price, priority will be based on a random lottery. The Transmission Provider shall post on its OASIS the allocation methodology and associated business practices. (iv) If the Transmission System becomes oversubscribed, requests for service may preempt competing reservations up to the following conditional reservation deadlines: at 2:00 p.m. of the preschedule for the day of delivery for the hourly service; at 1:00 a.m. of the preschedule day for daily service; one week before the commencement of weekly service; and one month before the commencement of monthly service. Before the conditional reservation deadline, if available transfer capability is insufficient to satisfy all requests and reservations, an Eligible Customer with a reservation for shorter term service or equal duration service and lower price has the right of first refusal to match any longer term request or equal duration service with a higher price before losing its reservation priority. A longer term competing request for Short-Term Firm Point-To-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 13.8) from being notified by the Transmission Provider of a longer-term competing request for Short-Term Firm Point-To-Point Transmission Service. When a longer duration request preempts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Duration, price and time of response will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. After the conditional reservation deadline, service will commence pursuant to the terms of Part II of the Tariff. (v) Firm Point-To-Point Transmission Service will always have a reservation priority over Non-Firm Point-To-Point Transmission Service under the Tariff. All Long-Term Firm Point-To-Point Transmission Service will have equal reservation priority with Native Load Customers and Network Customers. Reservation priorities for existing firm service customers are provided in Section 2.2.

Reservation Priority. (i) Long-Term Firm Point-To-Point Transmission Service shall be available on a first-come, first-served basis, basis i.e., in the chronological sequence in which each Transmission Customer has requested reserved service. (ii) . Reservations for Short-Term Firm Point-To-Point Transmission Service will be conditional based upon the length of the requested transaction or reservationtransaction. However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority over earlier-submitted requests that are not Pre- Confirmed and that have equal or shorter duration. Among requests or reservations with the same duration and, as relevant, pre-confirmation status (pre-confirmed, confirmed, or not confirmed), priority will be given to an Eligible Customer’s request or reservation that offers the highest price, followed by the date and time of the request or reservation. (iii) If the Transmission Provider’s business practices establish an earliest time when requests for Short-Term Firm Point-To-Point Transmission Service may be submitted, any requests for such service submitted within five minutes after that time shall be deemed to have been submitted simultaneously. Among such requests with the same priority based on duration, pre- confirmation status and price, priority will be based on a random lottery. The Transmission Provider shall post on its OASIS the allocation methodology and associated business practices. (iv) If the Transmission System becomes oversubscribed, requests for longer term service may preempt competing reservations requests for shorter term service up to the following conditional reservation deadlines: at 2:00 p.m. ; one day before the commencement of the preschedule for the day of delivery for the hourly service; at 1:00 a.m. of the preschedule day for daily service; , one week before the commencement of weekly service; , and one month before the commencement of monthly service. Before the conditional reservation deadline, if available transfer transmission capability is insufficient to satisfy all requests and reservationsApplications, an Eligible Customer with a reservation for shorter term service or equal duration service and lower price has the right of first refusal to match any longer term request or equal duration service with a higher price reservation before losing its reservation priority. A longer term competing request for Short-Term Firm Point-To-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 13.8) from being notified by the Transmission Provider of a longer-term competing request for Short-Term Firm Point-To-To- Point Transmission Service. When a longer duration request preempts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Duration, price and time of response will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. After the conditional reservation deadline, service will commence pursuant to the terms of Part II of the Tariff. (v) . Firm Point-Point- To-Point Transmission Service will always have a reservation priority over Non-Firm Point-To-Point Transmission Service under the Tariff. All Long-Term Firm Point-To-Point Transmission Service will have equal reservation priority with Native Load Customers and Network Customers. Reservation priorities for existing firm service customers are provided in Section 2.2.

Reservation Priority. (i) Long-Term Firm Point-To-Point Transmission Service shall be available on a first-come, first-served basis, i.e., in the chronological sequence in which each Transmission Customer has requested service. (ii) Reservations for Short-Term Firm Point-To-Point Transmission Service will be conditional based upon the length of the requested transaction or reservation. However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority over earlier-earlier- submitted requests that are not Pre- Pre-Confirmed and that have equal or shorter duration. Among requests or reservations with the same duration and, as relevant, pre-confirmation status (pre-confirmed, confirmed, or not confirmed), priority will be given to an Eligible Customer’s request or reservation that offers the highest price, followed by the date and time of the request or reservation. (iii) If the Transmission Provider’s business practices establish an earliest time when requests for Short-Term Firm Point-To-Point Transmission Service may be submitted, any requests for such service submitted within five minutes after that time shall be deemed to have been submitted simultaneously. Among such requests with the same priority based on duration, pre- pre-confirmation status and price, priority will be based on a random lottery. The Transmission Provider shall post on its OASIS the allocation methodology and associated business practices. (iv) If the Transmission System becomes oversubscribed, requests for service may preempt competing reservations up to the following conditional reservation deadlines: at 2:00 12:00 p.m. of the preschedule for the day of delivery for the hourly service; at 1:00 a.m. of the one preschedule day for before the commencement of daily service; one week before the commencement of weekly service; and one month before the commencement of monthly service. Before the conditional reservation deadline, if available transfer capability is insufficient to satisfy all requests and reservations, an Eligible Customer with a reservation for shorter term service or equal duration service and lower price has the right of first refusal to match any longer term request or equal duration service with a higher price before losing its reservation priority. A longer term competing request for Short-Term Firm Point-To-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 13.8) from being notified by the Transmission Provider of a longer-term competing request for Short-Term Firm Point-To-Point Transmission Service. When a longer duration request preempts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Duration, price and time of response will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. After the conditional reservation deadline, service will commence pursuant to the terms of Part II of the Tariff. (v) Firm Point-To-Point Transmission Service will always have a reservation priority over Non-Firm Point-To-Point Transmission Service under the Tariff. All Long-Term Firm Point-To-Point Transmission Service will have equal reservation priority with Native Load Customers and Network Customers. Reservation priorities for existing firm service customers are provided in Section 2.2.

Reservation Priority. (i) Long-Term Firm Point-To-Point Transmission Service shall be available to Participants and Non-Participants on a first-come, first-served basis, i.e.I.E., in the chronological sequence in which each Transmission Customer has requested service. (ii) Customer's application for reserved service is received by the System Operator pursuant to Section 31. Reservations for Short-Term Firm Point-To-Point Transmission Service will be conditional based upon the length of the requested transaction or reservationtransaction. However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority over earlier-submitted requests that are not Pre- Confirmed and that have equal or shorter duration. Among requests or reservations with the same duration and, as relevant, pre-confirmation status (pre-confirmed, confirmed, or not confirmed), priority will be given to an Eligible Customer’s request or reservation that offers the highest price, followed by the date and time of the request or reservation. (iii) If the Transmission Provider’s business practices establish an earliest time when requests for Short-Term Firm Point-To-Point Transmission Service may be submitted, any requests for such service submitted within five minutes after that time shall be deemed to have been submitted simultaneously. Among such requests with the same priority based on duration, pre- confirmation status and price, priority will be based on a random lottery. The Transmission Provider shall post on its OASIS the allocation methodology and associated business practices. (iv) If the NEPOOL Transmission System becomes oversubscribed, requests for longer term service may preempt competing reservations requests for shorter term service up to the following conditional reservation deadlines: at 2:00 p.m. one day before the commencement of the preschedule for the day of delivery for the hourly service; at 1:00 a.m. of the preschedule day for daily service; , one week before the commencement of weekly service; , and one month before the commencement of monthly service. Before the conditional reservation deadline, if available transfer transmission capability is insufficient to satisfy all requests and reservationsNEPOOL Restated Open Access Transmission Tariff Original Sheet No. 95 Applications, an Eligible Customer with a reservation for shorter term service or equal duration service and lower price has the right of first refusal to match any longer term request or equal duration service with a higher price reservation before losing its reservation priority. A longer term competing request for Short-Term Firm Point-To-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 13.827.8) from being notified by the Transmission Provider System Operator of a longer-term competing request for Short-Term Firm Point-To-Point Transmission Service. When a longer duration request preempts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Duration, price and time of response will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. After the conditional reservation deadline, service will commence pursuant to the terms of Part II III of the this Tariff. (v) . Firm Point-To-Point Transmission Service will always have a reservation priority over Nonnon-Firm firm Point-To-Point Transmission Service under the Tariff. All Long-Term Firm Point-To-To- Point Transmission Service will have equal reservation priority with Native Load Customers and Network CustomersExcepted Transactions. Reservation priorities for existing firm service customers, including customers receiving NEPOOL Restated Open Access Transmission Tariff Original Sheet No. 96 receiving service with respect to Excepted Transactions, are provided in Section 2.23.2.

Reservation Priority. (i) Long-Term Firm Point-To-Point Transmission Service shall be available to Participants and Non-Participants on a first-come, first-served basis, i.e., in the chronological sequence in which each Transmission Customer has requested service. (ii) Customer's application for reserved service is received by the System Operator pursuant to Section 31. Reservations for Short-Term Firm Point-To-Point Transmission Service will be conditional based upon the length of the requested transaction or reservationtransaction. However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority over earlier-submitted requests that are not Pre- Confirmed and that have equal or shorter duration. Among requests or reservations with the same duration and, as relevant, pre-confirmation status (pre-confirmed, confirmed, or not confirmed), priority will be given to an Eligible Customer’s request or reservation that offers the highest price, followed by the date and time of the request or reservation. (iii) If the Transmission Provider’s business practices establish an earliest time when requests for Short-Term Firm Point-To-Point Transmission Service may be submitted, any requests for such service submitted within five minutes after that time shall be deemed to have been submitted simultaneously. Among such requests with the same priority based on duration, pre- confirmation status and price, priority will be based on a random lottery. The Transmission Provider shall post on its OASIS the allocation methodology and associated business practices. (iv) If the NEPOOL Transmission System becomes oversubscribed, requests for longer term service may preempt competing reservations requests for shorter term service up to the following conditional reservation deadlines: at 2:00 p.m. one day before the commencement of the preschedule for the day of delivery for the hourly service; at 1:00 a.m. of the preschedule day for daily service; , one week before the commencement of weekly service; , and one month before the commencement of monthly service. Before the conditional reservation deadline, if available transfer transmission capability is insufficient to satisfy all requests and reservationsApplications, an Eligible Customer with a reservation for shorter term service or equal duration service and lower price has the right of first refusal to match any longer term request or equal duration service with a higher price reservation before losing its reservation priority. A longer term competing request for Short-Term Firm Point-To-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 13.827.8) from being notified by the Transmission Provider System Operator of a longer-term competing request for Short-Term Firm Point-To-Point Transmission Service. When a longer duration request preempts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Duration, price and time of response will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. After the conditional reservation deadline, service will commence pursuant to the terms of Part II III of the this Tariff. (v) . Firm Point-To-Point Transmission Service will always have a reservation priority over Nonnon-Firm firm Point-To-Point Transmission Service under the Tariff. All Long-Term Firm Point-To-Point Transmission Service will have equal reservation priority with equal to Native Load Customers, Network Customers and Network Customerscustomers for Excepted Transactions. Reservation priorities for existing firm service customers, including customers receiving service with respect to Excepted Transactions, are provided in Section 2.23.2.