Common use of Shared Facilities Clause in Contracts

Shared Facilities. [Seller shall install and maintain all metering arrangements, including the CAISO Exemption, that utilize the Transformer or Line Loss Correction Factors (as such terms are defined by the CAISO Tariff) to meter the Project independently.] All Delivered Energy purchased under this Agreement must be measured by the Project’s CAISO Revenue Meter to be eligible for payment under this Agreement. In addition, Seller hereby agrees to provide all meter data to Buyer in a form acceptable to Buyer, and consents to Buyer obtaining from the CAISO the CAISO meter data applicable to the Project and all inspection, testing and calibration data and reports. Seller shall grant Buyer the right to retrieve the meter reads from the CAISO Market Results Interface – Settlements (MRI-S) web and/or directly from the CAISO meter(s) at the Project site. If the CAISO makes any adjustment to any CAISO meter data for a given time period, Seller agrees that it shall submit revised monthly invoices, pursuant to Section 6.2, covering the entire applicable time period in order to conform fully such adjustments to the meter data. Seller shall submit any such revised invoice no later than thirty (30) days from the date on which the CAISO provides to Seller such binding adjustment to the meter data.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Shared Facilities. [Seller shall install and maintain all metering arrangements, including the CAISO ExemptionExemption as applicable, that utilize the Transformer or Line Loss Correction Factors (as such terms are defined by the CAISO Tariff) to meter the Project independently.] All Delivered Energy purchased under this Agreement must be measured by the Project’s CAISO Revenue Meter to be eligible for payment under this Agreement. In addition, Seller hereby agrees to provide all meter data to Buyer in a form acceptable to Buyer, and consents to Buyer obtaining from the CAISO the CAISO meter data applicable to the Project and all inspection, testing and calibration data and reports. Seller shall grant Buyer the right to retrieve the meter reads from the CAISO Market Results Interface – Settlements (MRI-S) web and/or directly from the CAISO meter(s) at the Project site. If the CAISO makes any adjustment to any CAISO meter data for a given time period, Seller agrees that it shall submit revised monthly invoices, pursuant to Section 6.2, covering the entire applicable time period in order to conform fully such adjustments to the meter data. Seller shall submit any such revised invoice no later than thirty (30) days from the date on which the CAISO provides to Seller such binding adjustment to the meter data.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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