Common use of Treatment of Imbalance Energy When Seller is Not Eligible or Does Not Participate in EIRP Clause in Contracts

Treatment of Imbalance Energy When Seller is Not Eligible or Does Not Participate in EIRP. For any CAISO settlement time interval that Seller is not eligible for or does not participate in EIRP as a Participating Intermittent Resource (including, without limitation, if EIRP is no longer in effect or is materially changed and a mutually agreeable amendment has not been executed and has not become effective under Section 3.4(b)(ii)), and there is an imbalance between Scheduled Energy and Delivered Energy, the following adjustments shall be made:

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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Treatment of Imbalance Energy When Seller is Not Eligible or Does Not Participate in EIRP. For any CAISO settlement time interval that Seller is not eligible for or does not participate in EIRP as a Participating Intermittent Resource (including, without limitation, if EIRP is no longer in effect or is materially changed and a mutually agreeable amendment has not been executed and has not become effective under Section 3.4(b)(ii))Resource, and there is an imbalance between Scheduled Energy and Delivered Energy, the following adjustments shall be made:

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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Treatment of Imbalance Energy When Seller is Not Eligible or Does Not Participate in EIRP. For any CAISO settlement time interval that Seller is not eligible for or does not participate in EIRP as a Participating Intermittent Resource (including, without limitation, if EIRP is no longer in effect or is materially changed and a mutually agreeable amendment has not been executed and has not become effective under Section 3.4(b)(ii))Resource, and there is an imbalance between Scheduled Energy and Delivered Energy, the following adjustments shall be made:. No adjustments under this Section 4.6 shall be made if Seller is participating in EIRP as a Participating Intermittent Resource or is participating in any successor to EIRP.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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