Common use of Subsequent Taxable Events Clause in Contracts

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Interconnection Facilities are placed in service, (i) Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this GIA terminates and Transmission Owner retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on Transmission Owner, calculated using the methodology described in Article

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Interconnection Facilities are placed in service, (i) Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this GIA LGIA terminates and Transmission Owner retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on Transmission Owner, calculated using the methodology described in ArticleArticle 5.17.4 and in accordance with IRS Notice 90-60.

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Provider's Interconnection Facilities are placed in service, (i) Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-88- 129, or (iii) this GIA LGIA terminates and Transmission Owner Provider retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on Transmission OwnerProvider, calculated using the methodology described in Article

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Interconnection Facilities are placed in service, (i) Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this Interim GIA terminates and Transmission Owner retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on Transmission Owner, calculated using the methodology described in ArticleArticle 5.17.4 and in accordance with IRS Notice 90-60.

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Interconnection Facilities are placed in service, , (i) Interconnection Customer Breaches the covenants contained in Article 5.17.25.18.2, (ii) a "“disqualification event" ” occurs within the meaning of IRS Notice 88-129, or (iii) this GIA Agreement terminates and such Transmission Owner retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on such Transmission Owner, calculated using the methodology described in ArticleArticle 5.18.4 and in accordance with IRS Notice 90-60.

Subsequent Taxable Events. If, within 10 years from the date on which the relevant Transmission Owner’s Provider Interconnection Facilities are placed in service, , (i) Interconnection Customer Breaches the covenants covenant contained in Article 5.17.2, (ii) a "“disqualification event" ” occurs within the meaning of IRS Notice 88-129, or (iii) this GIA LGIA terminates and Transmission Owner Provider retains ownership of the Interconnection Facilities and Network Upgrades, Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on Transmission OwnerProvider, calculated using the methodology described in ArticleArticle 5.17.4 and in accordance with IRS Notice 90-60.