Study Agreement and Cost Sample Clauses

Study Agreement and Cost. Reimbursement (a) The Study Agreement will clearly specify an estimated charge, based on the Contractor's estimate of the actual cost, and time for completion of the System Impact Study. The charge shall be based on the actual cost of the study. The study shall identify any system constraints. A description of the methodology that will be used by the Contractor in assessing capacity available to provide service is contained in the FERC Form 715 filing for MAPP, Annual Transmission Planning and Evaluation Report. Xhe criteria specified in Form 715 are provided to apprise the Transmission Customer of the criteria the Contractor intends to apply, but shall not be deemed to bind the Regional Transmission Committee in reviewing any dispute over the availability of capacity to provide Firm Transmission Services. (b) In performing the System Impact Study, the Contractor shall rely, to the extent reasonably practicable, on existing transmission planning studies. The Transmission Customer will not be assessed a charge for such existing studies. The Transmission Customer will, however, be responsible for charges associated with any modifications to existing planning studies that are reasonably necessary in evaluating the impact of the Transmission Customer's request for service on the Transmission System. (c) In cases where a single System Impact Study is sufficient for the Contractor to assess capacity availability, in response to multiple Members requesting service in relation to the same competitive solicitation, the costs of that study shall be prorated among the requesting Members. (d) For a service request to remain valid, the Transmission Customer shall execute the Study Agreement and return it to the Contractor within thirty (30) days. If the Transmission Customer elects not to execute the Study Agreement, its Application shall be deemed withdrawn. 11.3
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Related to Study Agreement and Cost

  • Environmental Indemnity Agreement Borrower and each Guarantor will be required to execute at closing the Environmental Indemnity and to abide by their obligations thereunder.

  • Quality Agreement Each Party will comply with the terms of the Quality Agreement in the performance of its obligations hereunder including record retention, audits and inspections, change control, adverse events and product recall. The Parties will conduct periodic Product quality reviews in accordance with the terms of the Quality Agreement.

  • Indemnity Agreement The Indemnity Agreement Regarding Hazardous Materials made by the Borrower and Guarantors, in favor of the Agent and the Lenders, as the same may be modified, amended or ratified, pursuant to which each of the Borrower and the Guarantors agrees to indemnify the Agent and the Lenders with respect to Hazardous Substances and Environmental Laws.

  • ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this Contract shall not be amended unless such amendment is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Fund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager.

  • Supply Agreement Buyer shall have executed and delivered the Supply Agreement to the Company.

  • Indemnity Agreements Simultaneously with any person becoming a Designated Director, the Company shall execute and deliver to each such Designated Director an Indemnity Agreement dated the date such Designated Director becomes a director of the Company.

  • Construction of this Amendment; Participation Agreement (a). This Amendment shall be interpreted to be consistent with, and to facilitate compliance with and reliance on, Rule 30e-3 under the 1940 Act and Rule 498A (including paragraph (j) thereof) under the 1933 Act and any interpretations of those Rules by the Securities and Exchange Commission, its staff, courts, or other appropriate legal authorities.

  • ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment or in the event that the Investment Management Agreement between the Manager and the Fund shall have terminated for any reason; and this Agreement shall not be amended unless such amendment is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Fund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Fund who are not interested persons of the Fund or of the Manager or the Portfolio Manager.

  • AGREEMENT OF THE PARTIES The language used in this Agreement will be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party hereto. Neither Executive nor the Company shall be entitled to any presumption in connection with any determination made hereunder in connection with any arbitration, judicial or administrative proceeding relating to or arising under this Agreement.

  • Amendment costs If (a) the Borrower requests an amendment, waiver or consent or (b) an amendment is required pursuant to Clause 27.9 (Change of currency), the Borrower shall, within three Business Days of demand, reimburse the Agent for the amount of all costs and expenses (including legal fees) reasonably incurred by the Agent in responding to, evaluating, negotiating or complying with that request or requirement.

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