Common use of Selected Option Pursuant to Article 5 Clause in Contracts

Selected Option Pursuant to Article 5. 1 Developer has selected the Standard Option pursuant to Article 5.1 The following milestones shall apply to the engineering, procurement, construction, and testing for the interconnection of the Merchant Transmission Facility, DAF 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. The Connecting Transmission Owner is under no obligation to undertake any engineering, procurement, or construction work pursuant to this Agreement, until the requirements of Appendix H, section 2 are satisfied, except as specified in Appendix H, section 1(d).

Appears in 14 contracts

Samples: Transmission Facility Interconnection Agreement, Transmission Facility Interconnection Agreement, Transmission Facility Interconnection Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.