Common use of Reservation Priority Clause in Contracts

Reservation Priority. Regional Transmission Service shall be available from transfer 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, or daily, weekly and monthly non-firm transmission service, previously-reserved hourly non- firm transmission service under an RTP’s OATT, or service reserved pursuant to a grandfathered agreement, and for margins or reserves required or permitted under applicable reliability standards. Subject to such availability, Regional Transmission Service shall be available on a first-come, first-served basis (i.e., in the chronological sequence in which each Eligible Customer has reserved such service).