Common Contracts

BINDING AGREEMENT TO PURCHASE TRANSMISSION CONGESTION CONTRACTS IN THE NYISO-

Purchase Agreement • January 28th, 2009 • New York

• Contract Type
  Purchase Agreement
• Filed
  January 28th, 2009
• Jurisdiction
  New York

WHEREAS, pursuant to the terms of the New York Independent System Operator Open Access Transmission Tariff (the "ISO OATT"), and ISO Market Administration and Control Area Services Tariff (“ISO Services Tariff”), the New York Independent System Operator, Inc. ("NYISO") will conduct Initial Auctions (“Initial Auction”) and subsequent monthly Reconfiguration Auctions (“Reconfiguration Auctions”) (collectively, the “Auctions”) as described in Attachment M of the ISO OATT and Attachment B of the ISO Services Tariff, in which holders of Transmission Congestion Contracts ("TCCs") may offer to sell TCCs and parties wishing to acquire TCCs may buy them;