CHWM Contract definition
Examples of CHWM Contract in a sentence
Each COU Party hereby agrees that Exhibit H of its CHWM Contract is, as of the Effective Date, replaced in its entirety consistent with the template form of Exhibit H set forth as Exhibit H to this Settlement Agreement.
BPA will, within 60 days of the Effective Date, deliver to each COU Party a replacement Exhibit H to its CHWM Contract identical in form to the Exhibit H attached to this Settlement Agreement except for the insertion of the appropriate contract number and customer name, which will be effective from the Effective Date without further action or signature by BPA or the COU Party.
Specifically, nothing in this section 14 will limit any COU Party’s right to assert that a Requirement Change (or potential Requirement Change, if enacted), is or would be a breach or violation of the TRM, such COU Party’s CHWM Contract, or any other rate methodology or agreement pursuant to which the COU Party purchases power from BPA during the Payment Period.
BPA will ask each Non-Settling Entity that has a CHWM Contract to amend Exhibit H of its CHWM Contracts in the same manner described in section 5.2 for COU Parties.
Such additional charges shall recover all additional costs that: (1) will be incurred by BPA to serve Jefferson under its new purchase obligation compared to its existing purchase obligation, and (2) would otherwise result in a rate impact on all other customers receiving service under a CHWM Contract.
Termination of Jefferson’s CHWM Contract shall be effective at commencement of service under the alternative power sales contract.
Jefferson acknowledges that the terms and conditions of such alternative power sales contract may vary from those contained in the CHWM Contract.
If Jefferson fails to notify BPA within the 60-day period of its decision regarding its CHWM Contract, BPA’s offer of the alternative power sales contract without a CHWM shall be withdrawn as of the 61st day and Jefferson will be conclusively presumed to have elected to retain its CHWM Contract.