Selected Option Pursuant to Article Sample Clauses

Selected Option Pursuant to Article. 5.1 Under section 5.1 of this Agreement, Developer and Connecting Transmission Owner have agreed that, pursuant to Subsection 5.13 (Option to Build), Developer shall be responsible for designing, procuring and constructing System Upgrade Facilities identified in Section 3a of Appendix A of this Agreement. Developer shall, at its expense, and with the Connecting Transmission Owner’s approval, be responsible for dismantling and removal of any of the equipment that was installed in Phase 1, that is determined to be temporary and not used in Phase 2, as described in Appendix A of this Agreement. Developer shall transfer to Connecting Transmission Owner, and Connecting Transmission Owner shall own System Upgrades Facilities as identified in Section 3a of Appendix A to this Agreement. Developer shall cooperate with Connecting Transmission Owner to insure that these transfers are done in a timely manner. The following milestones shall apply to the engineering, procurement, construction, and testing for the interconnection of the transmission expansion and SUFs. The actual dates for completion of the milestones are highly dependent upon lead times for the procurement of equipment and material, the availability of labor, outage scheduling, receipt of regulatory approvals, and the results of equipment testing. The completion and results of environmental remediation of the site, and other unforeseen events could also affect the achievement of the milestones. Connecting Transmission Owner and Developer are mutually undertaking the required engineering, procurement, or construction work to implement this emergency reliability solution pursuant to this Agreement and as defined in Section 2 of this Agreement. Developer accepts cost responsibility for all engineering, procurement and construction costs associated with the transmission expansion and SUF’s.
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Selected Option Pursuant to Article. 5.1 Developer and Connecting Transmission Owner have agreed to the selected option of 5.1.3: Option to Build, except for the Connecting Transmission Owner’s activities which shall be performed in accordance with the “Standard Option.” Further, the Parties have agreed to the division and scope as detailed in Appendix A, paragraphs 1 and 2.
Selected Option Pursuant to Article. 5.1 Under section 5.1 of this Agreement, Developer and Connecting Transmission Owner have agreed that pursuant to Subsection 5.1.1 (Standard Option), the Connecting Transmission Owner shall be responsible for designing, procuring and constructing the Attachment Facilities and the System Upgrade Facilities identified in Section 4(a) and Section 4(b) of Appendix A of this Agreement. Developer shall transfer to Connecting Transmission Owner, and Connecting Transmission Owner shall own the System Upgrades Facilities that will be located at the 345kV Ramapo Facility identified in Section 4(a) of Appendix A to this Agreement. Developer will physically own all System Upgrade Facilities and Attachment Facilities that will be located at the Sugarloaf Substation. Developer shall cooperate with Connecting Transmission Owner to insure that these transfers are done in a timely manner. Consistent with section 10.5 the Connecting Transmission Owner shall be responsible for the O&M expenses associated with the System Upgrade facilities listed in Appendix A, sections 4(a) and 4(b). The following milestones shall apply to the engineering, procurement, construction, and testing for the interconnection of the Transmission Project: Item Milestone Responsible Party Due Date
Selected Option Pursuant to Article. 5.1 The selected option under Article 5.1.1 of this Agreement is the Standard Option.

Related to Selected Option Pursuant to Article

  • Selection of Option (a) The Employer will advise the employee of his or her years of continuous employment no later than three (3) months following the official date of signing of the collective agreement.

  • PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Project shall equally be applicable to and enforceable against any subsequent Allottees of the [Apartment/Plot], in case of a transfer, as the said obligations go along with the [Apartment/Plot] for all intents and purposes.

  • OF THE TWO OPTIONS BELOW OPTION 1: I DO CLAIM parts of my proposal to be confidential and DO NOT desire to expressly waive a claim of confidentiality of all information contained within our response to the solicitation. The attached contains material from our proposal that I classify and deem confidential under Texas Gov't Code Sec. 552 or other law(s) and I invoke my statutory rights to confidential treatment of the enclosed materials. IF CLAIMING PARTS OF YOUR PROPOSAL CONFIDENTIAL, YOU MUST ATTACH THE SHEETS TO THIS FORM AND LIST THE NUMBER OT TOTAL PAGES THAT ARE CONFIDENTIAL. ATTACHED ARE COPIES OF PAGES OF CLAIMED CONFIDENTIAL MATERIAL FROM OUR PROPOSAL THAT WE DEEM TO BE NOT PUBLIC INFORMATION AND WILL DEFEND THAT CLAIM TO THE TEXAS ATTORNEY GENERAL IF REQUESTED WHEN A PUBLIC INFORMATION REQUEST IS MADE FOR OUR PROPOSAL. Signature Date OR OPTION 2: I DO NOT CLAIM any of my proposal to be confidential, complete the section below.

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Negotiated Option If the Developer elects not to exercise its option under Article 5.1.3, Option to Build, Developer shall so notify Connecting Transmission Owner and NYISO within thirty (30) Calendar Days, and the Developer and Connecting Transmission Owner shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives or the procurement and construction of a portion of the Connecting Transmission Owner’s Attachment Facilities and Stand Alone System Upgrade Facilities by Developer) pursuant to which Connecting Transmission Owner is responsible for the design, procurement and construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades. If the two Parties are unable to reach agreement on such terms and conditions, Connecting Transmission Owner shall assume responsibility for the design, procurement and construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrades Facilities and System Deliverability Upgrades pursuant to 5.1.1, Standard Option.

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