Common use of Reservation Priority Clause in Contracts

Reservation Priority. Non-Firm Point-to-Point Transmission Service shall be available from transmission capability in excess of that needed for reliable service to Native Load Customers, Network Customers and other Transmission Customers taking Long-Term and Short-Term Firm Point-to-Point Transmission Service. A higher priority will be assigned first to requests or reservations with a longer duration of service and second to Pre-Confirmed Applications. Eligible Customers that have already reserved shorter term service have the right of first refusal to match any longer term request before being preempted. A longer term competing request for Non-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: (i) immediately for hourly Non-Firm Point-to- Point Transmission Service after notification by the Contractor; and (ii) within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 14.6) for Non-Firm Point-to-Point Transmission Service other than hourly transactions after notification by the Contractor. 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. Time of match confirmation will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. In the event that the match confirmations are submitted simultaneously, the original OASIS queue time will be utilized to determine the order in which the multiple shorter duration reservations will be able to exercise the right of first refusal. Transmission Service for Network Customers from resources other than designated Network Resources will have a higher priority than any Non-Firm Point- to-Point Transmission Service. Non-Firm Point-to-Point Transmission Service over secondary Point(s) of Receipt and Point(s) of Delivery will have the second lowest reservation priority under the Tariff and next hour hourly Non-Firm Point-to-Point Transmission Service will have the lowest reservation priority under the Tariff.

Appears in 3 contracts

Samples: Access Transmission Tariff, www.oatioasis.com, www.oatioasis.com

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Reservation Priority. NonLong-Term Firm Point-to-Point Transmission Service shall be available from transmission capability on a first-come, first-served basis, i.e., in excess of that needed the chronological sequence in which each Transmission Customer has requested service. Reservations for reliable service to Native Load Customers, Network Customers and other Transmission Customers taking Long-Term and Short-Term Firm Point-to-Point Transmission ServiceService shall be conditional based upon the length of the requested reservation. A higher However, Pre-Confirmed Applications for Short-Term Point-to-Point Transmission Service will receive priority will be assigned first to 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. If the Transmission System becomes oversubscribed, requests for longer-term service may preempt competing reservations up to the following deadlines: one day 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 deadline, if available transfer capability is insufficient to satisfy all Applications, an Eligible Customer with a longer reservation for shorter-term service or equal duration of service and second to Pre-Confirmed Applications. Eligible Customers that have already reserved shorter term service have lower price has the right of first refusal to match any longer longer-term request or equal duration service with a higher price before being preemptedlosing its reservation priority. A longer term competing request for NonShort-Term Firm Point-toTo-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request: (i) immediately for hourly Non-Firm Point-to- Point Transmission Service after notification by the Contractor; and (ii) request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 14.6section 13.8) from being notified by the Transmission Provider of a longer-term competing request for NonShort-Term Firm Point-toTo-Point Transmission Service other than hourly transactions after notification by the ContractorService. When a longer duration request preempts pre-empts multiple shorter duration reservations, the shorter duration reservations shall have simultaneous opportunities to exercise the right of first refusal. Time Duration, price and time of match confirmation 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. In After the event that deadline, service shall commence pursuant to the match confirmations are submitted simultaneously, the original OASIS queue time will be utilized to determine the order in which the multiple shorter duration reservations will be able to exercise the right terms of first refusalPart II herein. Transmission Service for Network Customers from resources other than designated Network Resources will have a higher priority than any NonFirm Point-Firm Point- to-Point Transmission Service. Service shall always have a reservation priority over Non-Firm Point-to-Point Transmission Service over secondary Point(s) of Receipt and Point(s) of Delivery will have the second lowest reservation priority under the Tariff and next hour hourly Nonprovisions herein. All Long-Term Firm Point-to-Point Transmission Service will shall have the lowest reservation priority under higher than that of Short-Term Firm Point-to-Point Transmission Service and equal reservation priority with Native Load Customers and Network Customers, regardless of the Tarifflength for which such resources are designated by the Customer. Reservation priorities for existing firm service customers are specified in Section 2.2. Long-Term Firm Point-to-Point Transmission service begins at the date specified in the Service Agreement.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Reservation Priority. Non-Firm Point-toTo-Point Transmission Service shall be available from transmission capability in excess of that needed for reliable service to Native Load Customers, Network Customers Customers, customers for Excepted Transactions and other Transmission Customers taking Long-Term and Short-Term Firm Point-toTo-Point Transmission Service. A higher priority will be assigned first to requests or reservations with a longer duration of service and second to Preservice. In the event the NEPOOL Transmission System is constrained, competing requests of equal duration will be prioritized based on the highest price offered by the Eligible Customer for the Transmission Service, or in the event the price for all NEPOOL Restated Open Access Transmission Tariff Original Sheet No. 107 Eligible Customers is the same, will be prioritized on a first-Confirmed Applicationscome, first-served basis i.e., in the chronological sequence in which each Customer has reserved service. Eligible Customers that have already reserved shorter term service have the right of first refusal to match any longer term request reservation before being preempted. A longer term competing request for Non-Firm Point-toTo-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request: (ia) immediately for hourly Non-Firm Point-to- To-Point Transmission Service after notification by the ContractorSystem Operator; and (iib) within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 14.628.6) for Non-Firm Point-to-Point Transmission Service other than hourly transactions after notification by the ContractorSystem Operator. 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. Time of match confirmation will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. In the event that the match confirmations are submitted simultaneously, the original OASIS queue time will be utilized to determine the order in which the multiple shorter duration reservations will be able to exercise the right of first refusal. Transmission Service Secondary transmission service for Network Customers from resources other than designated Network Resources pursuant to Section 40.4 will have a higher priority than any Non-Firm Point- toPoint-To-Point Transmission Service. Non-Firm Point-toTo-Point Transmission Service over secondary NEPOOL Restated Open Access Transmission Tariff Original Sheet No. 108 Point(s) of Receipt and Point(s) of Delivery will have the second lowest reservation priority under the Tariff and next hour hourly Non-Firm Point-to-Point Transmission Service will have the lowest reservation priority under the this Tariff.

Appears in 1 contract

Samples: Agreement (North Atlantic Energy Corp /Nh)

Reservation Priority. NonLong-Term Firm Point-toTo-Point Transmission Service shall be available from transmission capability on a first-come, first-served basis i.e., in excess of that needed the chronological sequence in which each Transmission Customer reserved service. Reservations for reliable service to Native Load Customers, Network Customers and other Transmission Customers taking Long-Term and Short-Term Firm Point-toTo-Point Transmission Service. A higher priority Service will be assigned first to conditional based upon the length of the requested transaction. If the Transmission System becomes oversubscribed, requests or reservations with a for longer duration of term service and second to Pre-Confirmed Applications. Eligible Customers that have already reserved may preempt requests for shorter term service have up to the following deadlines; one day 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 transmission capability is insufficient to satisfy all Applications, an Eligible Customer with a reservation for shorter term service has the right of first refusal to match any longer term request reservation before being preemptedlosing its reservation priority. A longer term competing request for NonShort-Term Firm Point-toTo-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request: (i) immediately for hourly Non-Firm Point-to- Point Transmission Service after notification by the Contractor; and (ii) request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 14.613.8) from being notified by the Transmission Provider of a longer-term competing request for Short-Term Firm Point-To- Point Transmission Service. After the conditional reservation deadline, service will commence pursuant to the terms of Part II of the Tariff. Firm Point- To-Point Transmission Service will always have a reservation priority over Non-Firm Point-toTo-Point Transmission Service other than hourly transactions after notification by under the ContractorTariff. 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. Time of match confirmation will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. In the event that the match confirmations are submitted simultaneously, the original OASIS queue time will be utilized to determine the order in which the multiple shorter duration reservations will be able to exercise the right of first refusal. Transmission Service for Network Customers from resources other than designated Network Resources will have a higher priority than any NonAll Long-Firm Point- to-Point Transmission Service. Non-Term Firm Point-to-Point Transmission Service over secondary Point(s) of Receipt and Point(s) of Delivery will have the second lowest reservation priority under the Tariff and next hour hourly Non-Firm Point-toTo-Point Transmission Service will have the lowest equal reservation priority under the Tariffwith Native Load Customers and Network Customers. Reservation priorities for existing firm service customers are provided in Section 2.2.

Appears in 1 contract

Samples: Service Agreement

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Reservation Priority. NonLong-Term Firm Point-toTo-Point Transmission Service shall be available from transmission capability to Participants and Non-Participants on a first-come, first-served basis, I.E., in excess of that needed the chronological sequence in which each Transmission Customer's application for reliable reserved service is received by the System Operator pursuant to Native Load Customers, Network Customers and other Transmission Customers taking Long-Term and Section 31. Reservations for Short-Term Firm Point-toTo-Point Transmission Service. A higher priority Service will be assigned first to conditional based upon the length of the requested transaction. If the NEPOOL Transmission System becomes oversubscribed, requests or reservations with a for longer duration of term service and second to Pre-Confirmed Applications. Eligible Customers that have already reserved may preempt requests for shorter term service have up to the following deadlines: one day 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 transmission capability is insufficient to satisfy all NEPOOL Restated Open Access Transmission Tariff Original Sheet No. 95 Applications, an Eligible Customer with a reservation for shorter term service has the right of first refusal to match any longer term request reservation before being preemptedlosing its reservation priority. A longer term competing request for NonShort-Term Firm Point-toTo-Point Transmission Service will be granted if the Eligible Customer with the right of first refusal does not agree to match the competing request: (i) immediately for hourly Non-Firm Point-to- Point Transmission Service after notification by the Contractor; and (ii) request within 24 hours (or earlier if necessary to comply with the scheduling deadlines provided in Section 14.627.8) from being notified by the System Operator of a longer-term competing request for NonShort-Term Firm Point-to-Point Transmission Service other than hourly transactions after notification by the Contractor. 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. Time of match confirmation will be used to determine the order by which the multiple shorter duration reservations will be able to exercise the right of first refusal. In the event that the match confirmations are submitted simultaneously, the original OASIS queue time will be utilized to determine the order in which the multiple shorter duration reservations will be able to exercise the right of first refusal. Transmission Service for Network Customers from resources other than designated Network Resources will have a higher priority than any Non-Firm Point- toTo-Point Transmission Service. Non-After the conditional reservation deadline, service will commence pursuant to the terms of Part III of this Tariff. Firm Point-to-Point Transmission Service over secondary Point(s) of Receipt and Point(s) of Delivery will have the second lowest reservation priority under the Tariff and next hour hourly Non-Firm Point-toTo-Point Transmission Service will always have the lowest 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 reservation priority with Native Load Customers and Excepted 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 3.2.

Appears in 1 contract

Samples: Agreement (North Atlantic Energy Corp /Nh)

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