Sharing Contract Path Capacity Sample Clauses

Sharing Contract Path Capacity. If the Parties have contract paths to the same entity, the combined contract path capacity will be made available for use by both Parties. No Party will exceed the combined contract path capacity. Any use of the combined contract path capacity shall be subject to all NERC reliability requirements and the terms of the Congestion Management Process and Section 5.3. This will not create new contract paths for either Party that did not previously exist. SPP will not be able to deal directly with companies with which it does not physically or contractually interconnect and MISO will not be able to deal directly with companies with which it does not physically or contractually interconnect. Southwest Power Pool - Rate Schedules and Seams Agreements Tariff - MISO-SPP Joint Operating Agreement - Rate Schedule 9 Article V - Rate Schedule 9 Section 5.3
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Sharing Contract Path Capacity. If the Parties have contract paths to the same entity, the combined contract path capacity will be made available for use by both Parties. This will not create new contract paths for either Party that did not previously exist. SPP will not be able to deal directly with companies with which it does not physically or contractually interconnect and the Midwest ISO will not be able to deal directly with companies with which it does not physically or contractually interconnect.
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Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus SPP contract path limits and in recognition that the sharing of flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and SPP have agreed to the following phased approach to the elimination of such contract path limits:
Sample 1Sample 2
Sharing Contract Path Capacity. In recognition that the Joint and Common Market is expected to eliminate distinct MIDWEST ISO contract path limits versus PJM contract path limits and in recognition that the sharing of Flowgate capacity on a historical usage basis is the first step toward the elimination of distinct contract path limits, the MIDWEST ISO and PJM have agreed to the following phased approach to the elimination of such contract path limits: Issued by: Xxxxx X. Xxxxxxxxx, President and CEO, Midwest ISO Effective: March 1, 2004 Xxxxx Xxxxxx, Vice President, Government Policy, PJM Interconnection, L.L.C. Issued on: September 7, 2004 Filed to comply with the August 5 Order of the FERC in Docket No. ER04-375-001, et al., Midwest Independent
Sample 1
Sharing Contract Path Capacity. If the Parties have contract paths to the same entity, the combined contract path capacity will be made available for use by both Parties. No Party will exceed the combined contract path capacity. Any use of the combined contract path capacity shall be subject to all NERC reliability requirements and the terms of the Congestion Management Process and Section 5.3. This will not create new contract paths for either Party that did not previously exist. SPP will not be able to deal directly with companies with which it does not physically or contractually interconnect and the Midwest ISO will not be able to deal directly with companies with which it does not physically or contractually interconnect.
Sample 1

Related to Sharing Contract Path Capacity

  • INDEPENDENT CAPACITY OF THE CONTRACTOR The parties intend that an independent contractor relationship will be created by this contract. The CONTRACTOR and his or her employees or agents performing under this contract are not employees or agents of the AGENCY. The CONTRACTOR will not hold himself/herself out as or claim to be an officer or employee of the AGENCY or of the State of Washington by reason hereof, nor will the CONTRACTOR make any claim of right, privilege or benefit that would accrue to such employee under law. Conduct and control of the work will be solely with the CONTRACTOR.

  • Capacity/Independent Contractor 21. In providing the Services under this Agreement it is expressly agreed that the Contractor is acting as an independent contractor and not as an employee. The Contractor and the Client acknowledge that this Agreement does not create a partnership or joint venture between them, and is exclusively a contract for service.

  • Right to Contracted Capacity & Energy 4.4.1 The SPD will declare the CUF of the Project and will be allowed to revise the same once within first year after COD of the full project capacity. SECI, in any Contract Year except for the first year of operation, shall not be obliged to purchase any additional energy from the SPD beyond Million kWh (MU). Subsequent to commissioning of the Project, if for any Contract Year, it is found that the SPD has not been able to supply minimum energy of Million kWh (MU) till the end of 10 years from the SCD and ………….. Million kWh (MU) for the rest of the Term of the Agreement, on account of reasons solely attributable to the SPD, the noncompliance by SPD shall make the SPD liable to pay the compensation provided in the respective PSA as payable to Buying Entity(ies) by Buyer to enable Buyer to remit the amount to Buying Entity(ies). For the first year of operation, the above limits shall be considered on pro-rata basis. In case of part commissioning of the Project, the above limits shall be considered on pro-rata basis till the commissioning of full capacity of the Project. The lower limit will, however be relaxable by Buyer to the extent of grid non-availability for evacuation which is beyond the control of the SPD (as certified by the SLDC/RLDC). This compensation shall be applied to the amount of shortfall in generation during the Contract Year. The amount of such penalty shall be as determined by the respective State Electricity Regulatory Commission of the corresponding Buying Entity/ any such Authority, and such penalty shall ensure that the Buying Entity(ies) is/are offset for all potential costs associated with low generation and supply of power under the PPA. However, the minimum compensation payable to SECI by the SPD shall be 25% (twenty-five percent) of the cost of this shortfall in energy terms, calculated at PPA tariff. This compensation shall not be applicable in events of Force Majeure identified under PPA with SECI affecting supply of solar power by SPD.

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