Common use of Reserve Generating Capacity Review Clause in Contracts

Reserve Generating Capacity Review. If at any time the record over a reasonable prior period shows clearly that one of the Parties has failed to deliver energy in accordance with and subject to the provisions of Subsection 2.1 and Subsection 2.2 of this Section 2, a Party, by written notice given to another Party, may call for a joint study by the Parties of the reserve generating capacity in and provided for their respective systems and of their respective system transmission facilities affecting the supply and delivery of power and energy under the 1992 Agreement. It shall be the purpose of such study to determine the adequacy or inadequacy of reserve generating capacity and transmission facilities being provided to meet the requirements of the Parties respective systems, reflecting obligations under the 1992 Agreement, and, if inadequate, the extent of the burden that a Party may be placing upon another Party. If it should be found that a Party is placing an unreasonable burden upon another Party, the Party causing such burden shall take such measures as are necessary to remove the burden from another Party, or the Parties shall enter into such arrangements as shall provide for equitable compensation to the Party being burdened.

Reserve Generating Capacity Review. If at any time the record over a reasonable prior period shows clearly that one either of the Parties has failed to deliver energy in accordance with and subject to the provisions of Subsection subsection 2.1 and Subsection subsection 2.2 of this Section 2, a either Party, by written notice given to another the other Party, may call for a joint study by the Parties of the reserve generating capacity in and provided for their respective systems and of their respective system transmission facilities affecting the supply and delivery of power and energy under the 1992 1989 Agreement. It shall be the purpose of such study to determine the adequacy or inadequacy of reserve generating capacity and transmission facilities being provided to meet the requirements of the Parties Parties' respective systems, reflecting obligations under the 1992 Agreement, and, if inadequate, the extent of the burden that a one Party may be placing upon another Partythe other. If it should be found that a one Party is placing an unreasonable burden upon another Partythe other, the Party causing such burden shall take such measures as are necessary to remove the burden from another the other Party, or the Parties shall enter into such arrangements as shall provide for equitable compensation to the Party being burdened.

Reserve Generating Capacity Review. If at any time the record over a reasonable prior period shows clearly that one either of the Parties has failed to deliver energy in accordance with and subject to the provisions of Subsection 2.1 and Subsection 2.2 of this Section 23.1, a Party, either Party by written notice given to another the other Party, may call for a joint study by the Parties of the reserve generating capacity in and provided for their respective systems and of their respective system transmission facilities affecting the supply and delivery of power and energy under the 1992 this Agreement. It shall be the purpose of such study to determine the adequacy or inadequacy of reserve generating capacity and transmission facilities being provided to meet the requirements of the Parties Parties' respective systems, reflecting obligations under the 1992 this Agreement, and, if inadequate, the extent of the burden that a one Party may be placing upon another the other Party. If it should be found that a one Party is placing an unreasonable burden upon another Partythe other, the Party causing such burden shall take such measures as are necessary to remove the burden from another the other Party, or the Parties shall enter into such arrangements as shall provide for equitable compensation to the Party being burdened.