Where a Customer Impact Assessment. and/or a System Impact Assessment (“SIA”) is Required for or with Respect to the Proposed Project: The Customer shall pay Hydro One the sum of $(XX,XXX.XX), which is the deposit that Hydro One will provide to the IESO on the Customer's behalf for the SIA to be performed by the IESO for or with respect to the Proposed Project. In the event that the IESO refunds all or any part of the deposit to Hydro One, Hydro One agrees to pay the refund to the Customer by no later than 30 days after receipt of the refund by Hydro One. If the SIA costs more than the deposit, the Customer agrees to pay the difference between the cost of the studies and the deposit in accordance with the invoices rendered by the IESO to Hydro One or the Customer, as the case may be. [Instructions: If an SIA is not required, strike out the yellow portion and insert the words “Not Applicable”] Furthermore, the Customer shall pay Hydro One the sum of $(XX,XXX.XX) (plus applicable Taxes) (the “Initial Payment”), which is the initial payment towards the cost of having Hydro One’s transmission business unit perform a Customer Impact Assessment (the “TX CIA”) for or with respect to the Proposed Project. In the event that the cost incurred by Hydro One to perform the TX CIA is: greater than the Initial Payment, the Customer agrees to pay Hydro One the difference between the actual cost of the TX CIA and the Initial Payment in accordance with the invoice rendered by Hydro One; or less than the Initial Payment, Hydro One agrees to refund the difference between the actual cost of the TX CIA and the Initial Payment to the Customer. [Instructions: If a Customer Impact Assessment is not required to be performed by Hydro One’s transmission business unit, strike out the blue portion and insert the words “Not Applicable”]
Appears in 4 contracts
Samples: Assessment Study Agreement, Assessment Study Agreement, Assessment Study Agreement
