Advisory Milestones definition

Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Affected System Operator shall mean any Affected System Operator(s) identified in connection with the Transmission Project pursuant to Attachment P of the ISO OATT. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Applicable Reliability Requirements shall mean the requirements, criteria, rules, standards, and guidelines, as they may be amended and modified and in effect from time to time, of: (i) the Applicable Reliability Organizations, (ii) the Connecting Transmission Owner(s), and (iii) any Affected System Operator; provided, however, that no Party shall waive its right to challenge the Calendar Day shall mean any day including Saturday, Sunday, or a federal holiday. Change of Control shall mean a change in ownership of more than 50% of the membership or ownership interests or other voting securities of the Developer to a third party in one or more
Sample 1Sample 2Sample 3
Advisory Milestones. [To include in Development Schedule other milestones (e.g., periodic project review meetings) that are not determined to be on the critical path, but that will be monitored by the Designated Entity and reported to NYISO.] [Example Milestones: • Interconnection studies (e.g. Optional Feasibility Study, System Impact Study, Facilities Study) • Siting activities (e.g. locating line routing, access roads, and substation site location options) • Environmental impact studies (relative to siting options) • Engineering (initial) • Permitting and regulatory activities (e.g. Certificate of Environmental Compatibility and Public Need) • Public outreach plan • Initiation of negotiation of key contracts and financing • Acquisition of all necessary approvals and authorizations of Governmental Authorities, including identification of all required regulatory approvals • Closing of project financing • Completion of key contracts • Engineering (detailed) • Procurement of major equipment and materials • Environmental management & construction plan (for Article VII certification) • Acquisition of [all or %] required rights of way and property / demonstration of site control • Surveying and geotechnical assessment (relative to line and station layouts) • Execution, or filing of unexecuted version, of interconnection agreement • Engineering (completed) • Delivery of major electrical equipment • Line and substation site work including milestones for foundations, towers, conductor stringing, equipment delivery and installation, substation controls and communication, security, etc. • Construction outage and restoration coordination plan • Completion, verification and testing • Operating and maintenance agreements and instructions • In-Service Date • Required Designated Project In-Service Date • Required Transmission Project In-Service Date, if different] Item Milestone Description Responsible Party(ies) Type Due Date 1. Submit proof of Insurance pursuant to Article 6 Designated Entity Advisory Within ten (10) days of the execution of this Agreement or the date on which the Agreement is filed with FERC 2. Commence preliminary engineering and design for the Designated Project Designated Entity Advisory Completed 3. Commence land acquisition activities Designated Entity Advisory Completed 4. Execute TIP Facilities Study Agreement for the Designated Project Designated Entity NYISO Connecting Transmission Owner(s)1 Advisory 7/31/2024 5. File NYISO Quarterly Report Designated Entity Adv...
Sample 1
Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Applicable Reliability Requirements shall mean the requirements, criteria, rules, standards, and guidelines, as they may be amended and modified and in effect from time to time, of: (i) the Calendar Day shall mean any day including Saturday, Sunday, or a federal holiday. Change of Control shall mean a change in ownership of more than 50% of the membership or ownership interests or other voting securities of the Developer to a third party in one or more related transactions, or any other transaction that has the effect of transferring control of the Developer to a third party. Confidential Information shall mean any information that is defined as confidential by Article 11.2. Critical Path Milestones shall mean the milestones identified as such in the Development Schedule in Attachment C to this Agreement that must be met for the Transmission Project to be constructed and operating by the Required Project In-Service Date. Developer shall have the meaning set forth in the introductory paragraph. Development Schedule shall mean the schedule of Critical Path Milestones and Advisory Milestones set forth in Appendix C to this Agreement. Distribution System shall mean the Transmission Owner’s facilities and equipment used to distribute electricity that are subject to FERC jurisdiction, and are subject to the NYISO’s
Sample 1Sample 2Sample 3

Examples of Advisory Milestones in a sentence

  • The milestones for obtaining the required authorizations and approvals shall be included in the Development Schedule as Critical Path Milestones and Advisory Milestones, as designated by the Parties under Article 3.

  • The Designated Entity shall demonstrate to the NYISO that it timely meets the following Critical Path Milestones and Advisory Milestones and that such milestones remain in good standing.

  • If the suspension will impact the Transmission Developer’s ability to meet any Advisory Milestones or Critical Path Milestones in the Development Agreement, Transmission Developer shall notify the NYISO in accordance with the requirements in Article 3.3 of the Development Agreement.

  • The Developer shall demonstrate to the NYISO that it timely meets the following Critical Path Milestones and Advisory Milestones contained herein and that such milestones remain in good standing.

  • Development Schedule shall mean the schedule of Critical Path Milestones and Advisory Milestones set forth in Appendix C to this Agreement.


More Definitions of Advisory Milestones

Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Affected System Operator shall mean any Affected System Operator(s) identified in connection with the Transmission Project pursuant to Attachment P of the ISO OATT. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Applicable Reliability Requirements shall mean the requirements, criteria, rules, standards, and guidelines, as they may be amended and modified and in effect from time to time, of: (i) the Applicable Reliability Organizations, (ii) the Connecting Transmission Owner(s), (iii) Niagara Mohawk Power Corporation d/b/a National Grid, (iv) Rochester Gas & Electric Corporation, and
Sample 1
Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Affected System Operator shall mean any Affected System Operator(s) identified in connection with the Designated Project pursuant to Attachment P of the ISO OATT. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Calendar Day shall mean any day including Saturday, Sunday, or a federal holiday. SERVICE AGREEMENT NO. 2855 Change of Control shall mean a change in ownership of more than 50% of the membership or ownership interests or other voting securities of the Designated Entity to a third party in one or more related transactions, or any other transaction that has the effect of transferring control of the Designated Entity to a third party. Confidential Information shall mean any information that is defined as confidential by Article 11.2. Connecting Transmission Owner shall be the Connecting Transmission Owner(s) identified in connection with the Designated Project pursuant to Attachment P of the ISO OATT. Critical Path Milestones shall mean the milestones identified as such in the Development Schedule in Attachment C to this Agreement that must be met for the Designated Project to be constructed and operating by the Required Designated Project In-Service Date. Default shall mean the failure of a Party in Breach of this Agreement to cure such Breach in accordance with Article 7.2 of this Agreement. Designated Entity shall have the meaning set forth in the introductory paragraph. Designated Network Upgrade Facilities shall mean the Network Upgrade Facilities identified through the Transmission Interconnection Procedures for a Public Policy Transmission Project selected under Attachment Y to the ISO OATT; that meet the definition of upgrade under Section 31.6.4 of Attachment Y to the ISO OATT; and that are designated to the Connecting Transmission Owner or Affected Transmission Owner in accordance with Section 22.9.6 of Attachment P to the ISO OATT, as described in the Project Description set forth in Appendi...
Sample 1
Advisory Milestones. [To include in Development Schedule other milestones (e.g., periodic project review meetings) that are not determined to be on the critical path, but that will be monitored by the Developer and reported to NYISO.] [Example Milestones:
Sample 1
Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Affected System Operator shall mean any Affected System Operator(s) identified in connection with the Transmission Project pursuant to Attachment P of the ISO OATT. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Applicable Reliability Requirements shall mean the requirements, criteria, rules, standards, and guidelines, as they may be amended and modified and in effect from time to time, of: (i) the Applicable Reliability Organizations, (ii) the Connecting Transmission Owner(s), (iii) [to insert the name(s) of any other Transmission Owners or developers whose transmission facilities the NYISO has determined may be impacted by the Transmission Project], and (iv) any Affected System Operator; provided, however, that no Party shall waive its right to challenge the applicability or validity of any requirement, criteria, rule, standard, or guideline as applied to it in the context of this Agreement. Breach shall have the meaning set forth in Article 7.1 of this Agreement. Breaching Party shall mean a Party that is in Breach of this Agreement. Business Day shall mean Monday through Friday, excluding federal holidays. Calendar Day shall mean any day including Saturday, Sunday, or a federal holiday. Change of Control shall mean a change in ownership of more than 50% of the membership or ownership interests or other voting securities of the Developer to a third party in one or more related transactions, or any other transaction that has the effect of transferring control of the Developer to a third party. Confidential Information shall mean any information that is defined as confidential by Article 11.2. Connecting Transmission Owner shall be the Connecting Transmission Owner(s) identified in connection with the Transmission Project pursuant to Attachment P of the ISO OATT. Critical Path Milestones shall mean the milestones identified as such in the Development Schedule in Attachment C to this Agreement that must b...
Sample 1
Advisory Milestones means the milestones set forth in the Development Schedule in Attachment C to this Agreement that are not Critical Path Milestones. Applicable Laws and Regulations shall mean: (i) all duly promulgated applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority, and (ii) all applicable requirements of the ISO Tariffs, ISO Procedures, and ISO Related Agreements. Applicable Reliability Organizations shall mean the NERC, the NPCC, and the NYSRC. Calendar Day shall mean any day including Saturday, Sunday, or a federal holiday. Change of Control shall mean a change in ownership of more than 50% of the membership or ownership interests or other voting securities of the Developer to a third party in one or more related transactions, or any other transaction that has the effect of transferring control of the Developer to a third party. Confidential Information shall mean any information that is defined as confidential by Article 11.2. Critical Path Milestones shall mean the milestones identified as such in the Development Schedule in Attachment C to this Agreement that must be met for the Transmission Project to be constructed and operating by the Required Project In-Service Date. Developer shall have the meaning set forth in the introductory paragraph. Development Schedule shall mean the schedule of Critical Path Milestones and Advisory Milestones set forth in Appendix C to this Agreement.
Sample 1

Related to Advisory Milestones

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Performance Goals means, for a Performance Period, the one or more goals established by the Board for the Performance Period based upon the Performance Criteria. Performance Goals may be based on a Company-wide basis, with respect to one or more business units, divisions, Affiliates, or business segments, and in either absolute terms or relative to the performance of one or more comparable companies or the performance of one or more relevant indices. Unless specified otherwise by the Board (i) in the Award Agreement at the time the Award is granted or (ii) in such other document setting forth the Performance Goals at the time the Performance Goals are established, the Board will appropriately make adjustments in the method of calculating the attainment of Performance Goals for a Performance Period as follows: (1) to exclude restructuring and/or other nonrecurring charges; (2) to exclude exchange rate effects; (3) to exclude the effects of changes to generally accepted accounting principles; (4) to exclude the effects of any statutory adjustments to corporate tax rates; (5) to exclude the effects of any “extraordinary items” as determined under generally accepted accounting principles; (6) to exclude the dilutive effects of acquisitions or joint ventures; (7) to assume that any business divested by the Company achieved performance objectives at targeted levels during the balance of a Performance Period following such divestiture; (8) to exclude the effect of any change in the outstanding shares of common stock of the Company by reason of any stock dividend or split, stock repurchase, reorganization, recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, or any distributions to common stockholders other than regular cash dividends; (9) to exclude the effects of stock based compensation and the award of bonuses under the Company’s bonus plans; (10) to exclude costs incurred in connection with potential acquisitions or divestitures that are required to expensed under generally accepted accounting principles; (11) to exclude the goodwill and intangible asset impairment charges that are required to be recorded under generally accepted accounting principles and (12) to exclude the effect of any other unusual, non-recurring gain or loss or other extraordinary item. In addition, the Board retains the discretion to reduce or eliminate the compensation or economic benefit due upon attainment of Performance Goals and to define the manner of calculating the Performance Criteria it selects to use for such Performance Period. Partial achievement of the specified criteria may result in the payment or vesting corresponding to the degree of achievement as specified in the Stock Award Agreement or the written terms of a Performance Cash Award.