T&D System Maintenance. Subject to applicable FERC regulations and policy, and the requirements of the NYPP or the ISO Tariff, Seller shall consult with Buyer regarding timing of scheduled maintenance of the transmission facilities which might reasonably be expected to affect the normal operations of the Purchased Assets. Seller shall, to the extent reasonably practicable, schedule any testing, shutdown, or withdrawal of said facilities to coincide with Buyer's scheduled outages. To facilitate such consultation, within 60 days after the Closing Date, each Party shall provide the other Party, a non-binding schedule of planned outages and planned overhauls (including expected commencement date and duration) for the following calendar year. In addition, each Party shall provide a non-binding two-year forecast of planned overhauls in accordance with ISO procedures. Buyer shall furnish Seller with non-binding updates to such schedules to reflect significant changes thereto. If Buyer desires Seller to perform maintenance during a time period other than a scheduled outage, Seller shall use commercially reasonable efforts to meet Buyer's request as long as it might not reasonably be expected to have an adverse economic impact upon Seller or Seller's other transmission customers. If Buyer's request has, or is estimated in Seller's reasonable opinion to have, an adverse economic impact upon Seller, and Buyer is willing to reimburse Seller for the costs incurred by Seller, Seller shall make best efforts to comply with Buyer's request. In the event Seller is unable to schedule the outage of its facilities to coincide with Buyer's schedule, Seller shall promptly notify Buyer, in advance, of reasons for the outage, the time scheduled for it to take place, and its expected duration. Seller shall restore the facilities to service as quickly as possible.
Appears in 8 contracts
Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement
T&D System Maintenance. Subject to applicable FERC regulations and policy, and the requirements of the NYPP or the ISO Tariff, Seller shall consult with Buyer regarding timing of scheduled maintenance of the transmission facilities which might reasonably be expected to affect the normal operations of the Purchased Assets. Seller shall, to the extent reasonably practicable, schedule any testing, shutdown, or withdrawal of said facilities to coincide with BuyerXxxxx's scheduled outages. To facilitate such consultation, within 60 days after the Closing Date, each Party shall provide the other Party, a non-binding schedule of planned outages and planned overhauls (including expected commencement date and duration) for the following calendar year. In addition, each Party shall provide a non-binding two-year forecast of planned overhauls in accordance with ISO procedures. Buyer shall furnish Seller with non-binding updates to such schedules to reflect significant changes thereto. If Buyer desires Seller to perform maintenance during a time period other than a scheduled outage, Seller shall use commercially reasonable efforts to meet Buyer's request as long as it might not reasonably be expected to have an adverse economic impact upon Seller or Seller's other transmission customers. If BuyerXxxxx's request has, or is estimated in Seller's reasonable opinion to have, an adverse economic impact upon SellerXxxxxx, and Buyer Xxxxx is willing to reimburse Seller for the costs incurred by SellerXxxxxx, Seller shall make best efforts to comply with BuyerXxxxx's request. In the event Seller is unable to schedule the outage of its facilities to coincide with Buyer's schedule, Seller shall promptly notify Buyer, in advance, of reasons for the outage, the time scheduled for it to take place, and its expected duration. Seller shall restore the facilities to service as quickly as possible.
Appears in 2 contracts
Samples: Interconnection Agreement, Interconnection Agreement