Common use of Right to Become a Party Clause in Contracts

Right to Become a Party. After this Agreement takes effect, any other owner of or holder of Entitlements to transmission lines and facilities connected to the CAISO Controlled Grid may apply to the CAISO under Section 2.2 to become a Participating TO and become a Party to this Agreement, except Approved Project Sponsors need not do so. In accordance with Section 4.3.1 of the CAISO Tariff neither the written declaration nor the application requirement applies to Approved Project Sponsors.

Right to Become a Party. After this Agreement takes effect, any other owner of or holder of Entitlements to transmission lines and facilities connected to the CAISO Controlled Grid may apply to the CAISO under Section 2.2 to become a Participating TO and become a Party to this Agreement, except Approved Project Sponsors need not do so. In accordance with Section 4.3.1 of the CAISO Tariff neither the written declaration nor the application requirement applies to Approved Project Sponsors.