Common use of Transmission System Operations Clause in Contracts

Transmission System Operations. The Parties acknowledge that, as of the Effective Date, their respective Transmission Providers operate their transmission systems pursuant to the provisions of an OATT. Nothing in this Agreement shall obligate either Party or their respective Transmission Providers to maintain an OATT in effect during the Contract Term. Notwithstanding Section 3.1, in the event that either Party’s Transmission Provider ceases to maintain an OATT at any time during the Contract Term, that Party agrees that it shall use Commercially Reasonable Effort to obtain sufficient transmission capacity for delivery of the applicable amount of the Energy to/from the Delivery Point, as applicable.

Appears in 2 contracts

Samples: Mw System Power Sale Agreement, 100 Mw System Power Sale Agreement

AutoNDA by SimpleDocs

Transmission System Operations. The Parties acknowledge that, as of the Effective Date, their respective Transmission Providers operate their transmission systems pursuant to the provisions of an OATT. Nothing in this Agreement shall obligate either Party or their respective Transmission Providers to maintain an OATT in effect during the Contract Term. Notwithstanding Section 3.1, in the event that either Party’s Transmission Provider ceases to maintain an OATT at any time during the Contract Term, that Party agrees that it shall use Commercially Reasonable Effort to obtain sufficient transmission capacity for delivery of the applicable amount of the Firm Energy to/from the Delivery Point, as applicable.

Appears in 2 contracts

Samples: Mw Energy Sale Agreement, Mw Energy Sale Agreement

Transmission System Operations. The Parties acknowledge that, that as of the Effective Date, their respective Transmission Providers operate their transmission systems pursuant to the provisions of an OATT. Nothing in this Agreement shall obligate either Party or their its respective Transmission Providers to maintain an OATT in effect during the Contract Term. Notwithstanding Section 3.1, in the event that either Party’s Transmission Provider ceases to maintain an OATT at any time during the Contract Term, that Party agrees that it shall use Commercially Reasonable Effort to obtain sufficient transmission capacity for delivery of the applicable amount of the Energy to/from the Delivery Point, as applicable.

Appears in 1 contract

Samples: 2014 Energy Exchange Agreement

AutoNDA by SimpleDocs

Transmission System Operations. The Parties acknowledge that, as of the Effective Date, their respective Transmission Providers operate their transmission systems pursuant to the provisions of an OATT. Nothing in this Agreement shall obligate either Party or their its respective Transmission Providers to maintain an OATT in effect during the Contract Term. Notwithstanding Section 3.1, in In the event that either Party’s Transmission Provider ceases to maintain an OATT at any time during the Contract Term, that Party agrees that it shall use Commercially Reasonable Effort to obtain allocate sufficient transmission capacity for delivery of the applicable amount of the Energy to/from the Delivery Point, as applicable, including the construction of new transmission facilities, if necessary, to comply with the provisions of this Section 3.3.

Appears in 1 contract

Samples: System Power Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!