Common use of Selection by Developer Clause in Contracts

Selection by Developer. The Developer shall select an option for paying O&M Expenses by providing written notice to the Transmission Owner within thirty (30) days after the Gross Transmission Owner’s Attachment Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Developer. If the Developer fails to provide timely notice to the Transmission Owner of the option selected, the Developer will be deemed to have selected Option 2: Annual Actual.

Appears in 14 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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