Common Contracts

BINDING AGREEMENT TO SELL TRANSMISSION CONGESTION CONTRACTS

Binding Agreement to Sell Transmission Congestion Contracts • January 20th, 2009

• Contract Type
  Binding Agreement to Sell Transmission Congestion Contracts
• Filed
  January 20th, 2009

WHEREAS, pursuant to the terms of the New York Independent System Operator Open Access Transmission Tariff (the “ISO OATT”) and the 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 Auction”) (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;